NOT LISTED FOR SALE

625 W Diversey Ave Addison, IL 60101

Addison Area
8 Beds
4 Baths
-- Sq Ft
0.38 Acre Lot

Sale Details

Date Sold: May 11, 2018

Last sale price $452,551

5 Days on Market

Highlights

  • 0.38 Acre Lot
  • Patio
  • Paved or Partially Paved Lot
  • Addison Trail High School Rated 9+

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
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,875

Year Built

  • Built in 1972

Lot Details

  • 16,553 Sq Ft 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

0.38 Acres

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
  • SomePhotosVirtuallyStaged: No
  • 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
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • 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

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2023
Sold by
Bought by

Purchase Details

Listed on
Mar 19, 2018
Closed on
May 11, 2018
Sold by
Bought by
Seller's Agent
Michael Provinzino
Century 21 Circle
Buyer's Agent
Karen Macchitelli
Century 21 Circle
List Price
$460,000
Sold Price
$452,551
Premium/Discount to List
-$7,449
-1.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,413
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2014
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$453,000 Fidelity Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $339,413
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,732 $152,270 $60,906 $91,364
2023 $10,305 $139,980 $55,990 $83,990
2022 $9,460 $128,450 $51,380 $77,070
2021 $9,087 $123,030 $49,210 $73,820
2020 $8,864 $117,850 $47,140 $70,710
2019 $8,824 $113,320 $45,330 $67,990
2018 $8,231 $101,400 $40,560 $60,840
2017 $8,044 $96,910 $38,760 $58,150
2016 $7,875 $89,480 $35,790 $53,690
2015 $7,727 $82,660 $33,060 $49,600
2014 $5,277 $56,090 $14,020 $42,070
2013 $5,162 $57,240 $14,310 $42,930
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09889232

Midwest Real Estate Data (MRED)
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