Sold
Last Sold Price
4 beds1,428 sqft
240 S Michigan Ave, Addison, IL 60101
Single FamilyProperty Type
0.17 acresLot Size
1954Year Built
$119/sq ftPrice per sq ft
2 carsParking Spaces

Description

The seller has spared no expense on the rehab of this property which has 4 full beds and a partially finished basement with an additional room, which could be a possible 5th bedroom in this nearly 1500 sq. /ft. home. This is a Fannie Mae Homepath property and can be purchased with as little as 5% down. Approved for Homepath Mortgage and Renovation Mortgage Financing.The seller has spared no expense on the rehab of this property which has 4 full beds and a partially finished basement with an additional room, which could be a possible 5th bedroom in this nearly 1500 sq. /ft. home. This is a Fannie Mae Homepath property and can be purchased with as little as 5% down. Approved for Homepath Mortgage and Renovation Mortgage Financing.

    Sold By RE/MAX Destiny

    • Listed by: Todd 630.774.3383 toddgilsont1@gmail.com • BerkshireHathaway HomeService Starck Naperville
    Listing closed: 02/14/2014 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 08501111

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    Recent comparable sales

    Median sold price

    $385,000

    Avg days on market

    29

    Sale-to-list ratio

    102.8%

    Addison, IL

    9 comparable properties found

    $377,000 | 340 East Drake Avenue, Addison, IL 60101
    1/35
    1

    $377,000

    Sold 08/24/26

    4
    Bedrooms
    1,400
    Square Feet
    0.17
    Acres
    a view of a house with a yard and large tree
    1/30
    2

    $389,000

    Sold 12/12/25

    4
    Bedrooms
    1,298
    Square Feet
    0.23
    Acres
    $385,000 | 45 North Wisconsin Avenue, Addison, IL 60101
    1/16
    3

    $385,000

    Sold 06/03/26

    4
    Bedrooms
    1,516
    Square Feet
    0.18
    Acres
    a front view of a house with a yard and garage
    4

    $280,000

    Sold 07/26/25

    4
    Bedrooms
    1,306
    Square Feet
    0.29
    Acres
    a front view of house with yard and green space
    1/25
    5

    $335,000

    Sold 12/04/24

    4
    Bedrooms
    1,614
    Square Feet
    0.18
    Acres
    a view of house with backyard and bushes
    1/36
    6

    $420,000

    Sold 10/15/25

    4
    Bedrooms
    1,638
    Square Feet
    0.31
    Acres
    $415,000 | 221 South Michigan Avenue, Addison, IL 60101
    1/26
    7

    $415,000

    Sold 06/18/26

    4
    Bedrooms
    1,700
    Square Feet
    0.17
    Acres
    a front view of house with yard and trees around
    1/28
    8

    $460,000

    Sold 05/14/26

    4
    Bedrooms
    1,392
    Square Feet
    Unavailable
    Acres
    a front view of a house with a yard covered in snow
    1/25
    9

    $338,000

    Sold 01/09/26

    4
    Bedrooms
    1,667
    Square Feet
    0.15
    Acres

    Location

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    $1,230 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $908

    Property Taxes

    $322

    HOA Dues

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    Property Information for 240 South Michigan Avenue

    Property Details
    • Taxes: $3,864 / year
    • MLS Type: Detached Single / 1.5 Story
    • Area: Addison
    • Township: ADDISON
    • Ownership: Fee Simple
    • Num Of Garage Spaces: 2.0
    • Air Conditioning Type: Central Air
    • Heat/Fuel: Natural Gas, Forced Air
    • Architectural Style: Bungalow
    Building Information
    • Year Built: 1954
    • Lot Size: 0.17 AC / 7,500 SF
    General Information
    School Information
    • Elementary School District: 4
    • High School District: 88
    • Middle Or Junior School District: 4
    Addtl Parking Information
    • Parking Details: Yes, Garage Owned, Detached, Garage
    Taxes and HOA Information
    • Association Fee Frequency: Not Applicable
    • Association Fee Includes: None
    • Master Association Fee: No
    Property Information
    Interior Features
    • Num Of Rooms: 8
    • Bedrooms Total: 4
    • Bedrooms (Below Grade): 0
    • Basement Type: Partially Finished, Full
    • Bedrooms Possible: 4
    • Air Conditioning: Central Air
    • Basement Bathrooms: No
    • Room Type: No additional rooms
    • Num of Baths: 2.0
    Exterior Features
    • Patio And Porch Features: Deck, Patio
    • Type: 1.5 Story
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Public
    Property/Lot Information
    • New Construction YN: No
    • Rehabilitated: Yes
    • Built Before 1978: Yes
    • Age: 51-60 Years
    • Type Detached: 1.5 Story
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 50X150
    • Waterfront: No
    • Disability Access and/or Equipped: No
    • Exterior Building Type: Vinyl Siding
    • Construction: Vinyl Siding
    • Roof Type: Asphalt
    • Foundation Details: Concrete Perimeter
    • General Information: None
    • Living Area Source: Assessor
    Property and Assessments
    • Photos Count: 20
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Room Information
    Master Bedroom Information
    • Master Bedroom Level: Second
    • Room Type: Master Bedroom
    • Master Bedroom Bath: None
    • Master Bedroom Dimensions: 17X12
    Bedroom #2 Information
    • 2nd Bedroom Level: Main
    • Room Type: Bedroom 2
    • Bedroom #2 Room Dimensions: 12X11
    Bedroom #3 Information
    • 3rd Bedroom Level: Second
    • Room Type: Bedroom 3
    • Bedroom #3 Room Dimensions: 11X9
    Bedroom #4 Information
    • 4th Bedroom Level: Second
    • Room Type: Bedroom 4
    • Bedroom #4 Room Dimensions: 11X9
    Dining Room Information
    • Dining Room Level: Main
    • RoomType_DR: Dining Room
    • Dining Room Dimensions: 11X12
    Family Room Information
    • Family Room Level: Basement
    • RoomType_FR: Family Room
    • Family Room Dimensions: 16X15
    Kitchen Information
    • Kitchen Level: Main
    • RoomType_KT: Kitchen
    • Kitchen Dimensions: 11X12
    Laundry Information
    • Laundry Level: N/A
    • Room Type: Laundry
    Living Room Information
    • Living Room Level: Main
    • Room Type: Living Room
    • Living Room Dimensions: 14X11

    Property History for 240 South Michigan Avenue

    DateEvent & SourcePriceAppreciation
    Feb 14, 2014

    Sold

    MRED #08501111

    $170,000—
    Dec 27, 2013

    Pending

    MRED #08501111

    —
    Dec 9, 2013

    Listed (Active)

    MRED #08501111

    $169,900—
    DateEvent & SourcePrice
    02/14/2014

    Sold

    MRED #08501111

    $170,000
    12/27/2013

    Pending

    MRED #08501111

    —
    12/09/2013

    Listed (Active)

    MRED #08501111

    $169,900

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 240 South Michigan Avenue

    Taxable ValueLand$43,968Additions$48,393Total$92,361
    Tax Record2025$5,126 ($427 / month)
    Home Facts
    Beds0Baths1.5Total Finished SqFt1,428 SqFtAbove Grade Finished SqFt1,428 SqFtStories1Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built1954Year Renovated1954ZoningRCountyDUPAGEAPN03-28-416-020

    Schools near 240 South Michigan Avenue

    This home is within Addison School District 4.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 5
    Public - 6 to 8
    Public - 9 to 12
    Rating
    School
    Distance
    Fullerton Elementary School
    PublicK to 5

    Indian Trail Jr High School
    Public6 to 8

    Addison Trail High School
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Nearby home values

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of BerkshireHathaway HomeService Starck Naperville

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 07/30/2026 10:42 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.