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Sold on 10/15/2018
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201 W Michael Ln, Addison, IL 60101

$535,000

Last sold 10/15/2018 for $530K

  • 3

    bed

  • 2

    bath

  • 3,869

    Sqft ($137/Sqft)

Multi-family not for sale
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About 201 W Michael Ln

Property type Multi-family
Year built 1964
HOA fee $0/month
Lot size 9,761 Sqft
Movoto estimate
Rental estimate
Property description
This 3-bedroom, 2-bathroom multi-family property is located at 201 W Michael Ln, Addison, IL, 60101 in Dupage County and was built in 1964. The property offers 3,869 square feet of living space on a 9,761 sq ft lot.
Overview
Cooling/AC None
Levels/Style 2
MLS # 9975353
Type Multi Family 5+
Lot Size (SqFt) 9761
Property Tax $ 11813
Year Built 1964
Interior
# Of Full Bthrms - Type 2 1
Basement Finished
Exterior
Exterior Brick
# Of Parking Spaces 8
Amenities / Utilities
# Units in Building 6
Location
County Du Page
Directions Addison Rd North Of Lake St To Michael, West To Property
APN 321311007
Zoning MULTI
Multifamily Details
Unit 1: Total # of Rooms 3
Unit 2: Total # of Rooms 4
Unit 2: # of Bedrooms 2
Unit 1: # of Bedrooms 1
Unit 1: # Full Bath 1
Expense: Electricity 522
Gross Rental Income 4570
Net Operating Income 33547
Total Annual Expense 23693
Gross Rent Multiplier 9.35
Expense: Fuel 2708
Total Annual Expense Source Actual
Expense: Water 5062
Expense: Insurance 1906
Total Annual Income 57240
Lot/ Land Details
Current Use Multi-Family
$535K
Range: $481K-$588K
Last 30 days 
Rental est.: $2,512/month
Gross rent multiplier: 17.6
  • Dec 2020
  • Dec 15, 2020 Delisted
    $535,000
  • Jun 20, 2018 Listed
    —
  • Jun 14, 2018 Active
    —
  • Jun 10, 2018 Listed
    —
  • Jun 6, 2018 Temporarily No Showings
    —
  • Jun 6, 2018 Listed
    $535,000
  • Oct 2018
    Public Records
  • Oct 15, 2018 Sold
    $530,000 (-0.9%)
  • Year Property taxes Tax assessment
  • 2024
    $13,879 +4.2%
    $196,925 +8.78%
  • 2023
    $13,326 +4.9%
    $181,030 +5.0%
  • 2022
    $12,698 +4.1%
    $172,410 +4.4%
  • 2021
    $12,197 +2.5%
    $165,140 +4.4%
  • 2020
    $11,897 +0.4%
    $158,180 +4.0%
  • 2019
    $11,844 -4.1%
    $152,100
  • 2018
    $12,347
    $152,100
  • 201 W Michael Ln
    $530K
  • —
  • 60101
    $400K -4% y/y
  • Addison
    $400K -5% y/y
No chart available
Statistics calculated by Movoto

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3/10
Lincoln Elementary School
public Grades K-5
Addison School District 4
4/10
Indian Trail Jr High School
public Grades 6-8
Addison School District 4
5/10
Addison Trail High School
public Grades 9-12
Dupage Hsd 88 School District
Source: GreatSchools.org © 2026. All rights reserved.

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