119 Michael Lane, Addison, Illinois 60101


$488,000

Sold
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
Map
Street View

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
1962
BI-LEVEL 4 FLATS
No
0.21
Du Page
— / —
11339335
0321311017

Nearby Schools

NAME: DISTRICT: DISTANCE:
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

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: Soaking Tub
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Slab

Other Specifics

157 X 60
Not in DB

Tax History

Year Property Taxes
2015 $5,277
2022 $8,864

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Contact Agent

Listing Provided By

@properties Christie's International Real Estate