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$719,900   Price Analysis
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229 S Hale St
Addison, IL 60101
8 bed 4 bath 2,400 SqFt ($299/SqFt)
0.28 acre lot. Built 1966
Listed 2024-03-18, Taxes $9,086
Ⓧ USDA Ineligible
due to location

near Addison

Please reach out Listing Broker for pertinent value add information.

* Sale Pending *

Solid 4+1 Multi-unit Bulding. 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 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!


Presented by Adam Butusov at
Charles Rutenberg Realty of IL.
Listing Agent Photo

Property MLS #12007067 from MRED

Bedrooms: 8
Bedrooms Possible: 8

Total Rooms: 16
Basement Features: Full
Basement Description: Partially Finished

Total Bathrooms: 4
Full Bathrooms: 4

Heating Features: Natural Gas

Cable Access

Lot Description: Fenced Yard
Lot Size Acres: 0.28
Lot Size Dimensions: 49 X 133 X 65 X 65 X 136
Lot Size Square Feet: 12197

Parking Features: Off Street, Driveway
Parking Total: 8

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Lake Park Elementary School
High School: Addison Trail High School
High School District: 88

Lake Park Elementary School is a public elementary school located approximately 0.3 miles away.
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Indian Trail Jr High School is a public middle school located approximately 0.7 miles away.
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Addison Trail High School is a public high school located approximately 1.5 miles away.
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Lutherbrook Academy - Intensive is a private elementary, middle and high school located approximately 0.8 miles away.
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Lutherbrook Academy is a private elementary, middle and high school located approximately 0.8 miles away.
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Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 4
Total Rooms in Unit-4: 4
Unit-2 Square Feet: 800
Unit-3 Square Feet: 800
Unit-4 Square Feet: 800
Unit 1 Total Actual Rent: 1300
Unit 2 Total Actual Rent: 1200
Unit 3 Total Actual Rent: 1250
Unit 4 Total Actual Rent: 1250

Annual Tax Amount: 9460.22
Source Listing Status: Pending
County: DuPage
Directions: E Fullerton to Hale, North to 229
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 0328315003
Township: Addison
Zoning: MULTI
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$73,820 + $49,210
$123,030
$9,086
2020$70,710 + $47,140
$117,850
$8,863
2019$67,990 + $45,330
$113,320
$8,824
2018$60,840 + $40,560
$101,400
$8,231
2017$58,150 + $38,760
$96,910
$8,043
2016$53,690 + $35,790
$89,480
$7,875
2015$49,600 + $33,060
$82,660
$7,727
2014$42,070 + $14,020
$56,090
$5,277
2013$42,930 + $14,310
$57,240
$5,162
2012$45,840 + $15,280
$61,120
$4,997
2011$50,990 + $17,000
$67,990
$4,759
2010$128,420 + $32,100
$160,520
$10,150
2008$141,210 + $35,300
$176,510
$9,640
2007$64,160 + $16,040
$80,200
$4,420
2006$116,360 + $18,940
$135,300
$7,428

Price Changed 2024-04-26
$719,900
MRED
Listed 2024-03-18
$750,000
MRED
Sold 2024-02-16
$530,000
Public Record
Sold 2022-08-15
$550,000
MRED
Listed 2022-07-03
$550,000
MRED
Sold 2017-05-11
$425,000
MRED
Listed 2017-01-28
$469,900
MRED
Sold 2015-06-22
$320,000
Public Record
Sold 2015-05-04
$320,000
MRED
Listed 2015-03-03
$320,000
MRED
Sold 2006-05-18
$264,000
Public Record

Year Built: 1966
Foundation Details: Concrete Perimeter
Property Age: 58

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.