119 Michael Lane, Addison, Illinois 60101
$488,000
Sold
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Status: | Closed |
Sqft: | 0 |
Cost/Sqft: | — |
Beds: | 8 |
Baths: | 0 |
Year Built: | 1962 |
Property Taxes: | $8,864 |
Days On Market: | 1297 |
Lot Size: | 0,21 |
Description
4 UNIT INVESTMENT PROPERTY GROSSING $46,800 PER YEAR!!! This solid brick building features open concept, 3-level units that resemble spacious townhomes. Each unit contains 2 bedrooms and 1 bathroom, with walk-out basements that could be converted to a 3rd bedroom, eat-in kitchens, vaulted ceilings, forced air gas heating, and assigned parking at the rear of the property. The roof, furnaces, and windows are all under 10 years old, with no issues whatsoever. Tenants are responsible for their own utilities. Market rate rents are currently a minimum of $1050 per unit.
Property Specifics
Multi-unit | |
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1962 | |
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BI-LEVEL 4 FLATS | |
No | |
0.21 |
Du Page | |
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11339335 | |
0321311017 |
Nearby Schools
NAME: | DISTRICT: | DISTANCE: | |
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Grade School
Lincoln Elementary School |
4 | — | |
Middle School
Indian Trail Junior High School |
4 | Not in DB | |
High School
Addison Trail High School |
88 | Not in DB |
Property History
DATE: | EVENT: | PRICE: | SOURCE: |
---|---|---|---|
29 Sep, 2015 | Sold | $260,000 | MRED MLS |
28 Jun, 2015 | Under contract | $289,900 | MRED MLS |
12 Jun, 2015 | Listed for sale | $289,900 | MRED MLS |
9 Jun, 2022 | Sold | $488,000 | MRED MLS |
12 Apr, 2022 | Under contract | $488,000 | MRED MLS |
4 Mar, 2022 | Listed for sale | $488,000 | MRED MLS |









































Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
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Full Bathrooms: 4
Bathroom Amenities: Soaking Tub
Bathroom in Basement: 0
Rooms: —
Basement Description: Slab
Other Specifics
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157 X 60 | |
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Not in DB | |
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Tax History
Year | Property Taxes |
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2015 | $5,277 |
2022 | $8,864 |
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Listing Provided By
@properties Christie's International Real Estate