Maria Ortiz
Kale Realty
(708) 726-3036
63 Total Sales
2 in Addison
$289K - $450K Price Range
86 W Elizabeth Dr Addison, IL 60101
Addison Area
22
Beds
12
Baths
--
Sq Ft
0.46
Acre Lot
About This Home
As of December 2025All brick apartment property in desirable and accessible location. Close to schools, shopping, restaurants and expressways. Building is close to downtown area of Addison. Ten 2-BR units and two 1-BR unit. All rents are current. Performa numbers based on current market rent rates in the area in Additional Information whereas the property tax is for 2023. Other 3 properties for sale are 68 and 126 Elizabeth and 569 Valerie by the same seller. Please call the listing agent for further info.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices American Heritage License #471017783 Listed on: 09/22/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,738
Year Built
- Built in 1965
Lot Details
- 0.46
Home Design
- Garden Apartment
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Radiant Heating System
Additional Features
- 2-Story Property
- 20,038 Sq Ft Lot
Listing and Financial Details
- Tenant pays for air conditioning, electricity
Community Details
Overview
- 12 Units
Building Details
- Electric Expense $1,100
- Fuel Expense $700
- Insurance Expense $5,800
- Other Expense $163
- Trash Expense $2,400
- Water Sewer Expense $12,000
- Operating Expense $59,201
- Gross Income $191,400
- Net Operating Income $127,862
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
Listed on
Sep 22, 2025
Closed on
Dec 11, 2025
Sold by
Bought by
Seller's Agent
Madan Khatri
Berkshire Hathaway HomeServices American Heritage
Buyer's Agent
Rutul Parekh
ARNI Realty Incorporated
List Price
$1,890,000
Sold Price
$1,757,000
Premium/Discount to List
-$133,000
-7.04%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,317,750
Outstanding Balance
$1,310,062
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Dec 28, 2017
Closed on
Feb 27, 2018
Sold by
Bought by
Seller's Agent
Mark Malevskis
Kale Realty
Buyer's Agent
Madan Khatri
Berkshire Hathaway HomeServices American Heritage
List Price
$1,080,000
Sold Price
$1,020,000
Premium/Discount to List
-$60,000
-5.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$1,200,000
Interest Rate
4.15%
Mortgage Type
Commercial
Purchase Details
Listed on
Mar 18, 2015
Closed on
Apr 23, 2015
Sold by
Bought by
Seller's Agent
Angie Corcione
Fulton Grace Realty
Buyer's Agent
Mark Malevskis
Kale Realty
List Price
$849,000
Sold Price
$849,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$679,000
Interest Rate
3.68%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 29, 1997
Sold by
Bought by
Purchase Details
Closed on
Apr 18, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Addison, IL
-
Maria Ortiz
-
Otis Lazich
Otis Lazich
Capital Investment Realty Group Inc
(630) 895-7685
167 Total Sales
2 in Addison
$350K - $435K Price Range
-
Gary Machnik
Gary Machnik
Hometown Real Estate Group
(833) 328-1213
64 Total Sales
1 in Addison
$500,000 Price
-
Jim Moore
Jim Moore
Key Realty Indiana, LLC
(219) 356-3719
113 Total Sales
1 in Addison
$406,500 Price
-
Annamarie Moise
Annamarie Moise
Platinum Partners Realtors
(224) 332-3730
102 Total Sales
1 in Addison
$405,900 Price
-
Elizabeth Botello
Elizabeth Botello
eXp Realty
(708) 340-6997
184 Total Sales
1 in Addison
$320,000 Price
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 |
|---|---|---|---|
| $1,757,000 | Chicago Title | ||
| $1,020,000 | Attorney | ||
| $849,000 | C T I C | ||
| $530,000 | First American Title | ||
| $510,000 | First American Title Insuran |
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 |
|---|---|---|---|
| Open | $1,317,750 | ||
| Closed | $1,200,000 | ||
| Previous Owner | $679,000 | ||
| Previous Owner | $350,000 | ||
| Previous Owner | $488,000 | ||
| Previous Owner | $408,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 12/11/2025 12/11/25 | Sold | $1,757,000 | -7.0% | -- | |
| 10/06/2025 10/06/25 | Pending | -- | -- | -- | |
| 09/22/2025 09/22/25 | For Sale | $1,890,000 | +85.3% | -- | |
| 02/27/2018 02/27/18 | Sold | $1,020,000 | -5.6% | -- | View Prior Sale |
| 01/05/2018 01/05/18 | Pending | -- | -- | -- | |
| 01/04/2018 01/04/18 | For Sale | $1,080,000 | +5.9% | -- | |
| 01/03/2018 01/03/18 | Off Market | $1,020,000 | -- | -- | |
| 12/28/2017 12/28/17 | For Sale | $1,080,000 | +27.2% | -- | |
| 04/30/2015 04/30/15 | Sold | $849,000 | 0.0% | -- | View Prior Sale |
| 03/19/2015 03/19/15 | Pending | -- | -- | -- | |
| 03/18/2015 03/18/15 | For Sale | $849,000 | -- | -- |
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 | $27,738 | $393,556 | $157,416 | $236,140 |
| 2023 | $26,633 | $361,790 | $144,710 | $217,080 |
| 2022 | $25,377 | $344,560 | $137,820 | $206,740 |
| 2021 | $24,376 | $330,040 | $132,010 | $198,030 |
| 2020 | $23,776 | $316,130 | $126,450 | $189,680 |
| 2019 | $23,670 | $303,970 | $121,590 | $182,380 |
| 2018 | $23,500 | $289,490 | $101,310 | $188,180 |
| 2017 | $22,966 | $276,680 | $96,830 | $179,850 |
| 2016 | $22,482 | $255,450 | $89,400 | $166,050 |
| 2015 | $22,059 | $235,980 | $82,590 | $153,390 |
| 2014 | $19,608 | $208,400 | $56,100 | $152,300 |
| 2013 | $20,028 | $222,090 | $57,240 | $164,850 |
Source: Public Records
Agents Affiliated with this Home
-
Madan Khatri
Seller's Agent in 2025
Madan Khatri
Berkshire Hathaway HomeServices American Heritage
(847) 530-1550
35 Total Sales
-
Rutul Parekh
Buyer's Agent in 2025
Rutul Parekh
ARNI Realty Incorporated
(847) 293-9190
474 Total Sales
-
M
Seller's Agent in 2018
Mark Malevskis
Kale Realty
-
Angie Corcione
Seller's Agent in 2015
Angie Corcione
Fulton Grace Realty
(630) 205-9575
281 Total Sales
-
Giuseppe Battista
Seller Co-Listing Agent in 2015
Giuseppe Battista
Fulton Grace Realty
(630) 816-7600
142 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12456803
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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