Last Sold Price
6 beds2,402 sqft$162/sqft
516-518 N Addison Rd, Villa Park, IL 60181

Description

Well maintained duplex-building with two side-by-side, tri-level units each featuring, 3-bedrooms, 1 bath and partial basements, individual partial basement areas with washer-dryer, and mechanicals. Each unit has the same layout including a great room and kitchen on level 1, one bedroom and a full bath on level 2, and two bedrooms on level 3. Features include, hardwood flooring, newer windows, updated doors, trim, kitchens and baths, roomy closets, separate private patios, HVAC systems, water heaters,...Well maintained duplex-building with two side-by-side, tri-level units each featuring, 3-bedrooms, 1 bath and partial basements, individual partial basement areas with washer-dryer, and mechanicals. Each unit has the same layout including a great room and kitchen on level 1, one bedroom and a full bath on level 2, and two bedrooms on level 3. Features include, hardwood flooring, newer windows, updated doors, trim, kitchens and baths, roomy closets, separate private patios, HVAC systems, water heaters, and unfinished basements with a look-out above ground level window making it ideal for possible finishing or extra storage. Current leases allow each unit 2 off-street parking spaces (garage, 1 car, and driveway, 1 car). Tenants pay for their own heat, electric, and gas. Above grade SF for the LR, Kit, Bath & 3 Bedrooms, is 1,201 SF (measured); partial basements, 280 SF. Photos are actual, prior to current leases. Unit 516 (the front unit facing Addison) is currently leased at $1,610 per month (including water) until 02-28-2021. On 03-01-2021, the rent will increase to $1,660/month (including water) until 02-28-2022. Unit 518 (the rear unit) is currently leased at $1,625/month (including water) until 05-31-2021. On 06-01-2021 the rent will increase to $1,675 per month until 05-31-2022. Both tenants pay for their own heat, electric, and gas. Yearly expenses include water-sewer-trash and Salt Creek Sanitary District ($2,160), and insurance ($1,650), and taxes ($5,640).
LISTING CLOSED: 04/02/2021 12:00 AM

  1. Listed by Frank Cincotta • RE/MAX Suburban
    P: (224)-552-0710 C: (847)-845-6528 frankcincotta@gmail.com

Sold By Keller Williams Premiere Properties

Property Details for 516-518 North Addison Road

Status
MLS #
10970696
Days on Market
9
Taxes
$5,641 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Two to Four Units / Duplex Side By Side
Year Built
1962
Lot Size
0.19 AC / 8,276 SF
Area
Villa Park
Township
York
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
6.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
Architectural Style
Contemporary
Zoning
SINGL

Location

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Building Information for 516-518 North Addison Road

Stories-Residences2Year Built1962Building Size-Lot Size0.19 AC / 8,276 SF

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Property Information for 516-518 North Addison Road

General Information
School Information
  • Elementary School District: 45
  • Elementary School: Schafer Elementary School
  • Jr High Middle School: Jefferson Middle School
  • High School District: 88
  • High School: Willowbrook High School
  • Middle Or Junior School District: 45
Addtl Parking Information
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage, Space/s
  • Parking Details: Assigned Spaces, Off Street, Driveway
  • Parking On Site: true
  • Parking Ownership: Owned
  • Open Parking Spaces: 4.0
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms Total: 6
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Basement Type: Partial, English
  • Bedrooms Possible: 6
  • Basement Description: Unfinished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Room Type: Utility Room-Lower Level
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • Exterior Property Features: Patio
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2015
  • Built Before 1978: Yes
  • Age: 51-60 Years
  • Lot Description: Corner Lot, Level, Sidewalks, Streetlights, Wood Fence
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 60X138.1
  • Total # Units in Building: 2.0
  • Other Structures: Garage(s)
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • 3 Br Un In Bldg: Yes
  • Conversion: N
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2021-02-01T21:29:13
  • Photos Count: 16
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $38,820.00
  • Insurance Expense: $1,650.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Other Expense Source: Owner Projection
  • Trash Expense Source: Combination
  • Trash Expense Year: 0
  • Water Expense Source: Combination
  • Trash Expense: $.00
  • Water Sewer Expense: $2,160.00
  • Other Expenses $: 480
Unit 1
  • Unit Type Actual Rent: $1,610.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 01/22
Unit 2
  • Unit Type Actual Rent: $1,625.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 05/22

Property History for 516-518 North Addison Road

DateEvent & SourcePriceAppreciation
Apr 2, 2021

Sold

MRED #10970696

$390,000
Feb 10, 2021

Listed (Active)

MRED #10970696

$394,900
Feb 9, 2021

Pending

MRED #10970696

DateEvent & SourcePrice
04/02/2021

Sold

MRED #10970696

$390,000
02/10/2021

Listed (Active)

MRED #10970696

$394,900
02/09/2021

Pending

MRED #10970696

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

Schools near 516-518 North Addison Road

This home is within School District 45 Dupage County.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Schafer Elementary School
PublicK to 5

Jefferson Middle School
Public6 to 8

Willowbrook 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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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 RE/MAX Suburban

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 07/29/2024 02:45 PM. 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.