Price Reduction
Address
229 S Hale Street, Addison, IL
Price
$ 719,900
Property Attributes
  • MLS#12007067
  • TypeMulti-Family
  • CountyDUPAGE
  • CityAddison
  • AreaAddison
  • NeighborhoodAddison Historical District
  • Zip60101
  • Style
  • Year Built1966
  • Taxes$ 9460
  • Price$ 719,900
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2400
  • Lot Size12,197 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Please reach out Listing Broker for pertinent value add information. Solid 4+1 Multi-unit Building. Zero vacancy for over 5 years. Highlights: Lot sf: 11,697. Approval of permits for two, 31x22 (3 cars each garage) garages. Recent upgrades: Laundry room and common areas just remodeled, new carpet, new drywall, some decorative landscaping. Long term tenants between 5-20 year tenure. Rents below market value. Don't miss out on this value-add opportunity!

Elementary School Middle School High School
Lake Park Elementary School Indian Trail Junior High School Addison Trail High School
Price History
3/18/2024 Listed $750,000
4/26/2024 5% - $719,900

General Features

Sewer Public Sewer
Heating Natural Gas
Possession Closing,Tenant's Rights
Exterior Features Cable Access
Zoning MULTI
Year Built 1966
Township Addison
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 60000
Community Features Curbs,Sidewalks,Street Lights,Street Paved
County DuPage
Insurance Expense 2100
New Construction No
Property Type Residential Income
Other Structures None
Total Rooms 16
Status Active
Directions E Fullerton to Hale,North to 229
High School Addison Trail High School
City Addison
High School District 88
MLS Area Addison
Waterfront Y/N No
Street Name Hale
Elementary School Lake Park Elementary School
Tax Annual Amount 9460.22
Electric Expense 1200
Fuel Expense 3000
Middle/Junior High School Indian Trail Junior High School
Water Sewer Expense 6000
Additional Parcels Y/N No
Days on Market 43
Standard Status Active
Middle/Junior School District 4
Elementary School District 4
Property Type Two to Four Units

Interior Features

Basement Full
Street Suffix Street
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Basement Partially Finished
Full Baths Building 4
Total Number of Units 4

Exterior Features

Model 4 UNIT WITH FINISHED BASEMENT
Parking Features Off Street,Driveway
Lot Features Fenced Yard
Water Source Public
Total Parking 8
Foundation Details Concrete Perimeter
Lot Dimensions 49 X 133 X 65 X 65 X 136
Lot Size Acres 0.28
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60101

Price
AVG $720K
$720K
Taxes
AVG $9,460
$9,460
Visits
AVG 66
69
Data Provided by Inside Real Estate®
Year Built
AVG 1966
1966

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