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Sold on 06/15/2019
Alexandra Kaleel of Realty Executives Premiere

216 W Michael Ln, Addison, IL 60101

$412,000

Last sold 06/15/2019 after 3 Days

  • 7

    bed

  • —

    bath

Multi-family not for sale
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About 216 W Michael Ln

Property type Multi-family
Year built 1963
HOA fee $0/month
Lot size 8,712 Sqft
Property description
ESTABLISHED BRICK 4-UNIT APARTMENT BUILDING. PERFECT FOR A NEW INVESTOR! NO VACANCIES, TENURED TENANTS AND AN OPPORTUNITY TO INCREASE RENTS. *BRAND NEW ROOF 2019 *NEWER BOILER (FURNACE) INSTALLED (APPROX. 5 YEARS OLD) *ALL WINDOWS REPLACED IN EARLY 2000s *BRAND NEW FRONT MAIN DOOR. *7 EXTERIOR PARKING SPACES WITH A LARGE PORTION OF REFINISHED BLACKTOP 2018 CENTRAL LOCATION WITHIN CITY, CLOSE TO ELEMENTARY/JUNIOR HIGH SCHOOLS AND SHOPPING. NOTE: PLEASE DO NOT APPROACH TENANTS. 24-HOUR NOTICE REQUIRED FOR SHOWINGS.
Listed by
Listing Agent - Alexandra Kaleel
Listing Office - Realty Executives Premiere
Source: MRED mls logo
MLS#10414628 • last updated 7 years ago
Movoto checked MRED for data 7 minutes ago
Overview
Heating Gas
MLS # 10414628
Type Two To Four Units
Property Tax $ 8043.92
Year Built 1963
Interior
Basement Unfinished, Partial
Total # of Rooms 20
Other Room(s) Utility Room-1st Floor
Exterior
Exterior Brick
Roof Asphalt/Glass (Shingles)
Parking Desc Space/s
# Parking Spaces 7, 7
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Sewer-Public
Water Source Lake Michigan
Location
County Du Page
High School District 4
Elementary School District 4
Middle School District 4
Directions Lake Street To Lincoln Road
APN 321305044
Multifamily Details
Unit 2: Interior Features Stove, Refrigerator, Window Air Conditioner
Unit 3: Interior Features Stove, Refrigerator, Window Air Conditioner
Unit 1: Interior Features Stove, Refrigerator, Window Air Conditioner
Unit 4: Interior Features Stove, Refrigerator, Window Air Conditioner
Unit 4: Tenant Pays Electric
Unit 3: Tenant Pays Electric
Unit 2: Tenant Pays Electric
Unit 1: Tenant Pays Electric
Unit 1: Rent 760
Unit 3: Rent 860
Unit 2: Rent 860
Unit 3: Total # of Rooms 5
Unit 1: Total # of Rooms 4
Unit 4: Total # of Rooms 5
Unit 2: Total # of Rooms 5
Unit 4: Rent 860
Unit 4: # of Bedrooms 2
Unit 3: # of Bedrooms 2
Unit 2: # of Bedrooms 2
Unit 1: # of Bedrooms 1
Unit 4: Security Deposit 860
Unit 2: Security Deposit 860
Unit 1: Security Deposit 760
Unit 3: Security Deposit 860
  • Aug 2019
    Public Records
  • Aug 7, 2019 Sold
    $412,000
  • Jul 2019
    mls logo MLS # 10414628
  • Jul 31, 2019 Sold
    $412,000 (+0.7%)
  • Jun 17, 2019 Active
    —
  • Jun 12, 2019 Listed
    $409,000
  • Year Property taxes Tax assessment
  • 2024
    $10,732 +4.2%
    $152,270 +8.78%
  • 2023
    $10,305 +8.9%
    $139,980 +8.98%
  • 2022
    $9,460 +4.1%
    $128,450 +4.41%
  • 2021
    $9,087 +2.5%
    $123,030 +4.4%
  • 2020
    $8,864 +0.4%
    $117,850 +4.0%
  • 2019
    $8,824 +7.2%
    $113,320 +11.76%
  • 2018
    $8,231
    $101,400
  • 216 W Michael Ln
    $412K
  • —
  • 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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