229 Hale Street

Addison, IL 60101

$719,900
Price
8
Beds
4
Baths
2,400 Sq. Ft.
$300 / Sq. Ft.
2,400
Sq. Ft.
$300
per Sq. Ft.

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!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!
  1. Listed by Adam Butusov • Charles Rutenberg Realty of IL
  2. Listed by William Butusov • Charles Rutenberg Realty of IL

Property Details for 229 Hale Street

Area
Addison
Township
Addison
Ownership
Fee Simple
Num Of Parking Spaces
8.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
Zoning
MULTI

Location

Listing Courtesy of Charles Rutenberg Realty of IL
Add your commute
LISTING UPDATED: 04/26/2024 05:15 AM

Property Details for 229 Hale Street

StatusRe - Activated
MLS #12007067
Days on Market40
Taxes$9,460 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1966
Lot Size0.28 AC / 12,196 SF
CountyDuPage County

Location

Listing Courtesy of Charles Rutenberg Realty of IL
Add your commute

Building Information for 229 Hale Street

Stories-Residences4Year Built1966Building Size-Lot Size0.28 AC / 12,196 SF

Payment Calculator

$4,717 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,929

Property Taxes

$788

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 229 Hale Street

General Information
School Information
  • Elementary School District: 4
  • Elementary School: Lake Park Elementary School
  • Jr High Middle School: Indian Trail Junior High School
  • High School District: 88
  • High School: Addison Trail High School
  • Middle Or Junior School District: 4
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Street, Driveway
  • Parking On Site: true
  • Parking Ownership: Owned
  • Open Parking Spaces: 8.0
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 16
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 8
  • Basement Description: Partially Finished
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • Exterior Property Features: Cable Access
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 51-60 Years
  • Lot Description: Fenced Yard
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 49 X 133 X 65 X 65 X 136
  • Total # Units in Building: 4.0
  • Other Structures: None
  • Waterfront: No
  • Exterior Building Type: Brick
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • 3 Br Un In Bldg: No
  • Conversion: N
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 10
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $1,200.00
  • Fuel Expense: $3,000.00
  • Gross Income: $60,000.00
  • Insurance Expense: $2,100.00
  • Electric Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Other Addl Income: Coin Laundry
  • Trash Expense Source: Owner Projection
  • Water Expense Source: Owner Projection
  • Water Sewer Expense: $6,000.00
Unit 1
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 05/24
Unit 2
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 05/24
Unit 3
  • Unit Type Actual Rent: $1,250.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 05/24
Unit 4
  • Unit Type Actual Rent: $1,250.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 05/24

Property History for 229 Hale Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 229 Hale Street

Taxable ValueLand$51,380Additions$77,070Total$128,450
Tax Record2022$9,460 ($788 / month)
Home Facts
Total Finished SqFt3,744 SqFtAbove Grade Finished SqFt3,744 SqFtLot Size11,761 SqFtStyleMulti-Family Dwelling (2-4)Year Built1966ZoningACountyDUPAGEAPN03-28-315-003

Schools near 229 Hale Street

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
Lake Park 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.

Similar Homes

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229 Hale Street is a multi-family home for sale in Addison, IL 60101. This property was listed for sale on March 18, 2024 by Charles Rutenberg Realty of IL, it's currently listed at $719,900. It has been on the market for a total of 40 days and was last sold on February 3, 2024. This listing's school districts are Addison School District 4, Dupage Hsd 88 School District. Nearby schools include Lake Park Elementary School, Indian Trail Jr High School and Addison Trail High School. 229 Hale Street is a 8-bed, 4-bath, 2,400 sqft multi-family home built in 1966.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Charles Rutenberg Realty of IL

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.