NOT LISTED FOR SALE

625 W Diversey Ave Addison, IL 60101

8 Beds
4 Baths
-- Sq Ft
0.38 Acres

Last Sold May 11, 2018

Last sale price $452,551

5 Days on Market

Highlights

  • 0.38 Acre Lot
  • Patio
  • Paved or Partially Paved Lot

About This Home

As of May 2018

This is a great building to own to rent out or to live in and rent out. Each unit is 2 stories with kitchen, eating area, living room and laundry on the 1st floor. 2rd floor has 2 bedrooms and bath. Plus each unit has a private patio. One unit has been updated with new laminate floor and new carpet. New granite counter tops and freshly painted throughout. Bathroom has been completely updated. Other 3 units are all in good shape and all have tenants. Rents are below average for area!

Last Agent to Sell the Property

Michael Provinzino

Century 21 Circle Listed on: 03/19/2018

Century 21 Circle

Last Buyer's Agent

Karen Macchitelli

Century 21 Circle License #475142816

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,875

Year Built

  • Built in 1972

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 174 x 98
  • Paved or Partially Paved Lot

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Storm Screens

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $42,000
  • Net Operating Income $21,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,875

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1972
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • Room: 5

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 460000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 20700

Schools

  • Middle/Junior School District: 4

Lot Info

  • Lot Size Acres: 0.38
  • Lot Dimensions: 174 X 98
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 21300
  • GrossIncome: 42000
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 7875.24
  • Tax Year: 2016
  • Tax Exemptions: None

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2018 05/11/18 Sold $452,551 -1.6% --
03/24/2018 03/24/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $460,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09889232

Midwest Real Estate Data (MRED)