141 W Michael Lane

    Addison, IL 60101
    • $440,000
    • STATUS: Closed
    • ON SITE: 182 days
    • MLS #: 09920397
    Sold - 07/24/2018
    $440,000
    SOLD - 07/24/2018
    • 8
      BEDS
    • 0.2
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:
    Area:

    School Information

    Description

    Tremendous investment opportunity and cash flow!Rents can be increased. Long term very clean tenants. Solid, all brick 3 level, 4 town homes. Open floor plan. Each unit with 2 Bedrooms-each has ceiling fans with light fixtures, 1 bath, kitchen with eating area-built in Microwave ovens and dishwashers, huge living room with cathedral ceiling, walk out finished lower level with above ground window. Newer heating and cooling systems and interiors newly painted. Beautiful refinished hardwood floors in Living room and Bed rooms, ceramic tiles in Rec.room and Bathroom. Paint free exteriors. Easy to maintain and keep clean. Tenant pays gas for heating, cooking and hot water. Individual gas and electric meters. Ample parking. Close to I-355,290,294. Walk to schools, park, pool, shopping, library, medical center, restaurants, bus stop-quick access to Metra railway station. Right into the heart of down town!!!

    Sold by Keller Williams Platinum Partners.

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Baz Realty Network | Keller Williams Preferred Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Baz Realty Network | Keller Williams Preferred Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-10-18T17:53:30.55.

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    www.bazrealtynetwork.com/homes/82713828

    141 W Michael Lane Addison, IL 60101

    • Price: $459,500
    • Status: Closed
    • Updated: 68 min ago
    • MLS #: 09920397
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.2
    Acres
    1965
    Built
    Neighborhood:
    Green Meadows
    County:
    DuPage
    Area:
    Addison
    Elementary School:
    Lincoln Elementary School
    Middle School:
    Indian Trail Junior High School
    High School:
    Addison Trail High School
    Property Description
    Tremendous investment opportunity and cash flow!Rents can be increased. Long term very clean tenants. Solid, all brick 3 level, 4 town homes. Open floor plan. Each unit with 2 Bedrooms-each has ceiling fans with light fixtures, 1 bath, kitchen with eating area-built in Microwave ovens and dishwashers, huge living room with cathedral ceiling, walk out finished lower level with above ground window. Newer heating and cooling systems and interiors newly painted. Beautiful refinished hardwood floors in Living room and Bed rooms, ceramic tiles in Rec.room and Bathroom. Paint free exteriors. Easy to maintain and keep clean. Tenant pays gas for heating, cooking and hot water. Individual gas and electric meters. Ample parking. Close to I-355,290,294. Walk to schools, park, pool, shopping, library, medical center, restaurants, bus stop-quick access to Metra railway station. Right into the heart of down town!!!
    Exterior Features

    Cars 7 Exterior Building Type Brick Exterior Property Features Storms/ScreensCable Access Floor Unit1 1 Floor Unit2 1 Floor Unit3 1 Floor Unit4 1 Foundation Concrete Lot Dimensions 60X115 Lot Size .25-.49 Acre Parking Space/S Parking Details Assigned SpacesOff Street Parking Included In Price Yes Parking On Site Yes Parking Ownership Owned Parking Spaces 7 Roof Type Asphalt/Glass (Rolled)Asphalt/Glass (Shingles) Style Of House Tri-Level Type Multi 4 Flat3 Story Unit/S Waterfront YN No

    Interior Features

    Additional Rooms Recreation RoomUtility Room-Lower Level Appliances Features Unit1 StoveRefrigeratorDishwasherMicrowaveCentral Air ConditionerGarage/SpaceLaundry Hook-UpCathedral CeilingsHardwood Floors Appliances Features Unit2 StoveRefrigeratorDishwasherMicrowaveCentral Air ConditionerGarage/SpaceLaundry Hook-UpCathedral CeilingsHardwood Floors Appliances Features Unit3 StoveRefrigeratorDishwasherMicrowaveCentral Air ConditionerGarage/SpaceLaundry Hook-UpCathedral CeilingsHardwood Floors Appliances Features Unit4 StoveRefrigeratorDishwasherMicrowaveCentral Air ConditionerGarage/SpaceLaundry Hook-UpCathedral CeilingsHardwood Floors Basement FullWalkout Basement Description Finished Bath Amenities Soaking Tub Bedrooms Above Grade 8 Bedrooms Below Grade 0 Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Equipment Tv-CableCo DetectorsCeiling FanSump Pump Full Baths In Building 4 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths In Building 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Fuel GasForced Air2+ Sep Heating SystemsIndv Controls Rooms 20 Rooms Unit1 5 Rooms Unit2 5 Rooms Unit3 5 Rooms Unit4 5

    Property Features

    3 Br Un In Bldg YN No Additional Sales Information None Age 51-60 Years Agent Owned Interest YN Yes Area Amenities Park/PlaygroundCurbs/GuttersSidewalksStreet LightsStreet Paved Built Before1978 YN Yes Corporate Limits Addison Elementary Sch Dist 4 Finance Code Conventional General Information School Bus ServiceCommuter BusCommuter TrainInterstate Access Gross Expenses 14075 Gross Rental Income 50340 High Sch Dist 88 Holds Earnest Money Yes Jr High Middle Dist 4 Lease Exp Date Mo Yr Unit1 Mo.Mo Lease Exp Date Mo Yr Unit2 Mo.Mo Lease Exp Date Mo Yr Unit3 Mo.Mo Lease Exp Date Mo Yr Unit4 8/18 Model 4 FLAT Net Oper Income 36265 New Construction No Other Addl Income Parking Space/S Ownership Fee Simple Possession Closing Recent Rehab YN No Rent Unit1 1030 Rent Unit2 1025 Rent Unit3 1100 Rent Unit4 1040 Sale Terms ConventionalFhaVa Sec Deposit Unit1 1500 Sec Deposit Unit2 1500 Sec Deposit Unit3 1500 Sec Deposit Unit4 1500 Sewer Sewer-Public Short Sale Not Applicable Special Assessments No Special Service Area N Tax Exemptions None Tax Year 2016 Taxes 7875.24 Tenant Pays Unit1 ElectricGasHeat Tenant Pays Unit2 ElectricGasHeat Tenant Pays Unit3 ElectricGasHeat Tenant Pays Unit4 ElectricGasHeat Total Rental Income 4195 Total Units In Building 4 Township Addison Water Lake MichiganPublic Zoning Type Multi

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker Residential.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Baz Realty Network | Keller Williams Preferred Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Baz Realty Network | Keller Williams Preferred Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-10-18T17:53:30.55.

    Digital Millennium Copyright Act
     
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