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95 W Michael Ln, Addison, IL 60101

$437,500
Last sold 07/05/2018 after 78 Days
8
bed
4
bath

Multi-family not for sale

Movoto is helping 23 homebuyers near you

About 95 W Michael Ln

Property type Multi-family

Neighborhood

Year built 1965

HOA fee $0/month

Property description

Tremendous investment and excellent cash flow! Solid all brick 3 level, 4 town homes. Open floor plan. Each unit with 2 bed rooms-each has ceiling fans with light fixtures, 1 bath, kitchen with eating area, built in microwave oven and dishwasher,huge living room with cathedral ceiling,walk out finished lower level with above ground window. Newer windows, roof, heating and air conditioning units and driveway. Interior newly painted. Beautiful refinished oak hardwood floors in living room, bedrooms. Ceramic tiles in lower level rec. Room and bath room. Paint free exterior. Easy to maintain and keep clean. Tenant pays own electric and gas for heating, hot water and cooking. Individual gas and electric meters. Ample parking. Close to i-355, 290,294. Walk to schools, park, pool, shopping, library,medical center, restaurants, bus stop- quick access to metra railway station. Right into the heart of downtown!! ! No sign on property.

Listed by

Listing Agent - Mala Gandhi

Listing Office - Coldwell Banker Residential

Source: MRED

MLS#09921230 • last updated 8 years ago

Movoto checked MRED for data 15 minutes ago

Overview
Heating	Gas, Forced Air, 2+ Sep Heating Systems, Indv Controls
Levels/Style	Tri-Level
MLS #	9921230
Type	Two To Four Units
Property Tax $	7875
Year Built	1965

Interior
Basement	Finished, Full
Total # of Rooms	20
Other Room(s)	Recreation Room

Exterior
Exterior Features	Cable Access
Foundation	Concrete Perimeter
Exterior	Brick
Roof	Asphalt/Glass (Rolled), Asphalt/Glass (Shingles)
Parking Desc	Space/s, Assigned Spaces
# Parking Spaces	7, 7
Lot Desc	Less Than 0.25 Acre, Fenced Yard

Amenities / Utilities
Sewer/ Septic Desc	Sewer-Public, Sewer-Storm
Water Source	Lake Michigan, Public

Location
Community Features	Curbs/Gutters, Sidewalks, Street Lights, Street Paved
Subdivision	GREEN MEADOWS
County	Du Page
Elementary School	LINCOLN ELEMENTARY SCHOOL
Middle School	INDIAN TRAIL JUNIOR HIGH SCHOOL
High School District	88
Elementary School District	4
Middle School District	4
High School	ADDISON TRAIL HIGH SCHOOL
Directions	FROM LAKE STREET AND ADDISON RD., GO NORTH ON ADDISON RD., WEST ON MICHAEL LANE
APN	321311019
Zoning	MULTI

Multifamily Details
Unit 2: Interior Features	Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Cathedral Ceilings, Hardwood Floors, Oven/Built-in
Unit 3: Interior Features	Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Cathedral Ceilings, Hardwood Floors, Oven/Built-in
Unit 1: Interior Features	Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Cathedral Ceilings, Hardwood Floors, Oven/Built-in
Unit 4: Interior Features	Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Cathedral Ceilings, Hardwood Floors, Oven/Built-in
Unit 4: Tenant Pays	Electric, Gas, Heat
Unit 3: Tenant Pays	Electric, Gas, Heat
Unit 2: Tenant Pays	Electric, Gas, Heat
Unit 1: Tenant Pays	Electric, Gas, Heat
Unit 1: Rent	1100
Unit 3: Rent	1150
Unit 2: Rent	1100
Unit 3: Total # of Rooms	5
Unit 1: Total # of Rooms	5
Unit 4: Total # of Rooms	5
Unit 2: Total # of Rooms	5
Unit 4: Rent	1100
Unit 4: # of Bedrooms	2
Unit 3: # of Bedrooms	2
Unit 2: # of Bedrooms	2
Unit 1: # of Bedrooms	2
Unit 1: SqFt	1074
Unit 2: SqFt	1074
Unit 3: SqFt	1074
Unit 4: SqFt	1074
Gross Rental Income	53400
Net Operating Income	39809
Unit 4: Security Deposit	1650
Unit 2: Security Deposit	1590
Unit 1: Security Deposit	1100
Unit 3: Security Deposit	1725