Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
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2 Properties Within 0.5 miles of: 119 W Michael, Addison

119 W Michael
Addison, IL 60101

  • 8 Beds
  • Built In 1962
Price

$488,000

Est Payment
$3,005 / month (details)  
Taxes
$8,864  
Beds
8  
Rooms
5  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
157 X 60  
Built
1962  
Neighborhood
Addison  
MLS
#11339335
Status
Sold (6/9/2022)

Property 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 Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer, Sewer-Storm

Additional Information

Parking
7 Parking Spaces, Unassigned, Off Street, Owned
Schools
Addison Trail High School (88), Indian Trail Junior High School (4), Lincoln Elementary School (4)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

03-04-2022 Listed at $488,000
03-06-2022 Status changed to Under Contract
03-10-2022 Status changed to Active
03-11-2022 Status changed to Under Contract
03-25-2022 Status changed to Active
03-28-2022 Status changed to Under Contract
06-10-2022 Status changed to Closed
06-09-2022 Sold at $488,000
Last Modified 6/10/22 3:47 PM

Nearby Transportation

  • I 290 East 1.4 mi
  • Hwy 83 South 1.4 mi
  • I 290 West 1.7 mi
  • Hwy 83 North 1.7 mi
  • Hwy 355 North 2.2 mi
  • Hwy 355 South 2.4 mi
  • Hwy 20 East 2.8 mi
  • Hwy IL 390 West 3.6 mi
  • Hwy IL 390 East 3.8 mi
  • I 294 North 4.2 mi
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