OFF MARKET

Off market nov 2017 for $9.1M

—

•

118 ba

•

79,144

sq ft

103 S Villa Ave, Addison, IL 60101

About this home

Cozy apartment community has 118 units across 7 buildings that are well-maintained and a part of the Villa Recreational Association (w/ controlling ownership). More than half of the units have been rehabbed with SS appliances, granite counters, hardwood flooring, and updated bathroom w/ vanity & backsplash; already operating at an 8-cap. Over a million dollars in CapEx improvements to this property related to roofing, windows, porches, parking lot (100+ spaces), tuck pointing, framing and electrical/plumbing/HVAC. Easy access to O'Hare airport and interstate highways [I-290/294/355/88] and close to Bensenville & Villa Park Metra Stations. This location has plenty of retail, shopping and grocery stores within a 1-mile radius of this location.

Multi-familyProperty Type

1962Year Built

$115Price/Sq.Ft.

118 spacesParking

Listed by Milan Rubenstein • Windy City RE, LLC

Bought with Joshua Rubenstein • Windy City RE, LLC

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #09405680

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 60101, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.1%

0.6% MoM

Median sale price

$420K

$5K MoM

Avg. days on market

47d

1 days MoM

Recently sold homes

20 MoM

New listings for sale

$224,997
2 beds1.5 baths— sq ft
700 N Briar Hill Ln #5, Addison, IL 60101
FOR SALE BY OWNER
$225,000
2 beds1.5 baths922 sq ft
962 N Rohlwing Rd, Addison, IL 60101
$670,000
4 beds3 baths2,175 sq ft
211 N Sunset Ln, Addison, IL 60101
$699,900
7 beds4 baths— sq ft
224 W Michael Ln, Addison, IL 60101
OPEN SAT, 1PM TO 3PM
$399,000
3 beds2 baths1,348 sq ft
1520 W Holtz Ave, Addison, IL 60101
$475,000
3 beds2 baths2,226 sq ft
667 W Saint Aubin Dr, Addison, IL 60101
$674,900
5 beds4 baths3,225 sq ft
570 N Forest Dr, Addison, IL 60101
OPEN SUN, 1PM TO 3PM
$459,500
5 beds2 baths1,900 sq ft
125 S Addison Rd, Addison, IL 60101
$359,999
3 beds1.5 baths1,789 sq ft
36 S Highview Ave, Addison, IL 60101
OPEN SUN, 11AM TO 12:30PM
$349,000
3 beds2 baths2,100 sq ft
100 W Natoma Ave, Addison, IL 60101
See all

Provided by Redfin

Sale history for 103 S Villa Ave

Date

Event

Price

TURBOTENANT #1

Jan 24, 2024

Rental Removed

$1,659

$0/sq ft

Dec 22, 2023

Listed for Rent

$1,659

$0/sq ft

Dec 6, 2023

Rental Removed

$1,659

$0/sq ft

Oct 7, 2023

Listed for Rent

$1,659

$0/sq ft

Sep 10, 2023

Rental Removed

$1,659

$0/sq ft

Sep 1, 2023

Price Changed

$1,659

$0/sq ft

Aug 17, 2023

Listed for Rent

—

Aug 13, 2023

Rental Removed

—

Aug 10, 2023

Listed for Rent

—

Public Records

Nov 28, 2017

Sold

$9,108,500

$115/sq ft

MRED as Distributed by MLS Grid #09405680

Nov 21, 2017

Sold (MLS) (Closed Sale)

$9,108,096

$115/sq ft

Apr 11, 2017

Contingent

—

Dec 16, 2016

Listed (New)

$8,950,000

$113/sq ft

MRED as Distributed by MLS Grid #09304671

Dec 15, 2016

Listing Removed

—

MRED as Distributed by MLS Grid #09054628

Jul 1, 2016

Listing Removed

—

Public Records

Feb 7, 2014

Sold

$5,096,000

$64/sq ft

Year

Property tax

Land + Additions

Assessment*

2024

$40,775 (+4.2%)

$284,090 + $294,435

$578,525

2023

$39,150 (−3.0%)

$261,160 + $270,670

$531,830

2022

$40,363 (+34.2%)

$248,720 + $299,330

$548,050

2021

$30,082 (−29.9%)

$238,240 + $169,050

$407,290

2020

$42,907 (+0.5%)

$228,200 + $342,300

$570,500

2019

$42,715 (+3.8%)

$219,420 + $329,130

$548,550

2018

$41,156 (+2.3%)

$177,440 + $329,550

$506,990

2017

$40,220 (+2.1%)

$169,590 + $314,970

$484,560

2016

$39,374 (+29.0%)

$156,580 + $290,800

$447,380

2015

$30,534 (+9.7%)

$144,650 + $181,990

$326,640

2013

$27,833 (+3.3%)

$77,160 + $231,480

$308,640

2012

$26,946 (+5.0%)

$82,390 + $247,170

$329,560

2011

$25,666 (+5.0%)

$91,660 + $274,970

$366,630

2010

$24,438 (+2.6%)

$77,290 + $309,160

$386,450

2009

$23,821 (+2.6%)

$84,990 + $339,960

$424,950

2008

$23,210 (+6.6%)

$84,990 + $339,960

$424,950

2007

$21,770

$78,990 + $315,950

$394,940

Tax history for 103 S Villa Ave

Year

Property tax

Land + Additions

Assessment*

2024

$40,775 (+4.2%)

$284,090 + $294,435

$578,525

2023

$39,150 (−3.0%)

$261,160 + $270,670

$531,830

2022

$40,363 (+34.2%)

$248,720 + $299,330

$548,050

2021

$30,082 (−29.9%)

$238,240 + $169,050

$407,290

2020

$42,907 (+0.5%)

$228,200 + $342,300

$570,500

2019

$42,715 (+3.8%)

$219,420 + $329,130

$548,550

2018

$41,156 (+2.3%)

$177,440 + $329,550

$506,990

2017

$40,220 (+2.1%)

$169,590 + $314,970

$484,560

2016

$39,374 (+29.0%)

$156,580 + $290,800

$447,380

2015

$30,534 (+9.7%)

$144,650 + $181,990

$326,640

2013

$27,833 (+3.3%)

$77,160 + $231,480

$308,640

2012

$26,946 (+5.0%)

$82,390 + $247,170

$329,560

2011

$25,666 (+5.0%)

$91,660 + $274,970

$366,630

2010

$24,438 (+2.6%)

$77,290 + $309,160

$386,450

2009

$23,821 (+2.6%)

$84,990 + $339,960

$424,950

2008

$23,210 (+6.6%)

$84,990 + $339,960

$424,950

2007

$21,770

$78,990 + $315,950

$394,940

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

1 Acre

Year renovated

—

Sq. Ft.

13,272

Year built

1962

Style

Multi-Family (5+ Unit)

County

DuPage County

APN

0327309002

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 8, 2026.

Property details

Parking

Parking Information
# of Parking Spaces: 118
100+ Outdoor Parking Spaces, Assigned Outdoor Parking Spaces, Private Outdoor Parking Lot

Interior

Equipment
# of Dishwashers: 118
# of Refrigerators: 118
# of Ranges: 118
# of Washers: 14
# of Dryers: 14

Heating & Cooling
Central Building Heating
Central Air Conditioning
# of Window Air Conditioning Units: 118

Multi-Family Information
# of Units: 118
Last Lease Expiration Date: Thursday, November 30, 2017 6:00 AM
Washer/Dryer Leased
Tenant Pays Air Conditioning, Tenant Pays Electric, Tenant Pays Other Expenses

Unit 1 Information
# of Units of Type: 70
# of Rooms: 3
# of Beds: 1
# of Baths: 1
Monthly Income: $895
Maximum Monthly Income: $925

Unit 2 Information
# of Units of Type: 48
# of Rooms: 3
# of Beds: 1
# of Baths: 1
Monthly Income: $800
Maximum Monthly Income: $850

Exterior

Building Information
Built Before 1978
Age: 36-50 Years
Brick Exterior
Concrete Foundation

Lot Information
Sq. Ft.: 233542
Dimensions: 300X400
Zoning: MULTI

Property Information
Ownership Type: Limited Liability Corp
Current Use: Residential (Multi-Family)
Potential Use: Residential (Multi-Family)
Parcel Identification Number: 0327309002
Multiple PINs

Financial

Financial Information
Tax: $181,024
Tax Year: 2015
Total Monthly Income: $100,025
Total Annual Income: $120,030
Gross Rental Income: $1,200,300
Gross Rent Multiplier: 7.45
Net Operating Income: $799,258
Net Operating Income Year: 2016
Cap Rate: 8.87
Finance Code: Other

Utilities

Utility Information
Separate Meters
Water to Site

Location

Homeowners Association Information
Has Homeowners Association
Assessment Includes: Includes Exterior Maintenance, Includes Lawn Care

Location Information
Township: ADDISON
Directions: From Lake and Villa Ave, head south on Villa Ave until you reach the Villabrook Complex.

Public facts

Beds: —
Baths: —
Sq. Ft.: 13,272
Stories: —
Lot Size: 1 acres
Style: Multi-Family (5+ Unit)
Year Built: 1962
Year Renovated: —
County: DuPage County
APN: 0327309002

Home facts updated by county records on Sep 8, 2026

Other

Expense Information
Total Annual: $407,042
Total Annual Year: 2016
Electricity: $6,610

Listing Information
Seller Concessions: No

Information for Agents
Agent Owned/Interest

Around this home

Schools

Fullerton Elementary School

Public K-5 • Assigned • 0.6mi

5/10

Indian Trail Junior High School

Public 6-8 • Assigned • 1.1mi

5/10

Addison Trail High School

Public 9-12 • Assigned • 2.3mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

6/10 Flood Factor

Estimated 75-83% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Addison, IL • 60101

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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Home values near 103 S Villa Ave

Data from public records.

Address	Redfin Estimate
145 S Villa Avenue, Addison, IL - Beds \| - Baths \| 9512 Sq. Ft.	—
125 S Villa Avenue, Addison, IL - Beds \| - Baths \| 12032 Sq. Ft.	—

Address	Redfin Estimate
129 S Villa Avenue, Addison, IL - Beds \| - Baths \| 14512 Sq. Ft.	—
132 S Villa Avenue, Addison, IL 5 Beds \| 3 Baths \| 1850 Sq. Ft.	$330,045

Address	Redfin Estimate
141 S Villa Avenue, Addison, IL - Beds \| - Baths \| 9512 Sq. Ft.	—
108 S Villa Avenue, Addison, IL 3 Beds \| 1 Baths \| 1188 Sq. Ft.	$316,864

Property information provided by undefined .

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