OFF MARKET

Off market feb 2018 for $351K

$694,145

Est. refi paymentEst. refi $2,098/mo

•

—

sq ft

107 W Michael Ln, Addison, IL 60101

About this home

Tremendous investment opportunity! Solid, all-brick, 4-unit, bi-level building with excellent cash flow. Each unit features 2 bedrooms, full bath, large kitchen with eating area & vaulted ceiling in huge family room. Roomy walk-out lower level (units A & C are finished). Tear off roof & new gutters in 2012. Separate gas & electric meters. Plenty of parking space available with 7 assigned spaces + off street. Individual hot water tanks & furnaces. Potential to increase monthly rents. Near restaurants, shopping, parks, schools. Convenient to expressways & Metra. Fully leased. Loyal tenants (2, 3 & 6 years).

Multi-familyProperty Type

1962Year Built

9,147 sq ftLot Size

7 spacesParking

Listed by Joe Patyk • Coldwell Banker Realty

Bought with Jayesh Parekh • Keller Williams Thrive

Redfin checked: a few seconds ago

•Source:MRED as Distributed by MLS Grid #09812425

Redfin Estimate

$694,145

$343K since sold in February 2018$5,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 44.3% higher than the average sale price ($481K) of 6 comparable homes.

SOLD OCT 8, 2026
$575,000
A
5 beds3 baths3,313 sq ft
443 N Tara Ln, Addison, IL 60101
SOLD SEP 3, 2026
$475,000
B
5 beds2 baths— sq ft
611 N Lincoln Ave, Addison, IL 60101
SOLD AUG 17, 2026
$445,000
C
4 beds2.5 baths2,568 sq ft
89 S Clarendon Ave, Addison, IL 60101
SOLD BY REDFIN JUN 23, 2026
$499,900
D
5 beds3 baths2,860 sq ft
941 W Army Trail Blvd, Addison, IL 60101
SOLD JUN 5, 2026
$421,000
E
4 beds2 baths2,564 sq ft
401 Forest Preserve Dr, Wood Dale, IL 60191
BOUGHT WITH REDFIN AUG 24, 2026
$470,000
F
5 beds3 baths3,276 sq ft
29 S Iowa Ave, Addison, IL 60101

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Market trends in 60101, IL

Last updated October 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

$389,900
4 beds2.5 baths1,260 sq ft
4N134 N Chestnut St, Addison, IL 60101
NEW 12 HRS AGO
$360,000
3 beds1.5 baths1,323 sq ft
925 E Crockett Ave E, Addison, IL 60101
NEW 24 HRS AGO
$499,900
3 beds2 baths3,247 sq ft
656 W St Aubin Dr, Addison, IL 60101
$585,000
5 beds2.5 baths3,001 sq ft
616 N Plamondon Dr, Addison, IL 60101
$148,000
1 bed1 bath761 sq ft
120 S La Londe Ave Unit 3E, Addison, IL 60101
OPEN SUN, 12PM TO 2PM
$349,000
3 beds2 baths2,100 sq ft
100 W Natoma Ave, Addison, IL 60101
3D WALKTHROUGH
$299,999
2 beds2 baths1,199 sq ft
1291 W Lake St #206, Addison, IL 60101
$800,000
4 beds4 baths4,203 sq ft
427 W Natoma Ave, Addison, IL 60101
$524,900
4 beds2.5 baths2,409 sq ft
815 N Rumple Ln, Addison, IL 60101
OPEN SUN, 11AM TO 1PM
$749,900
5 beds3.5 baths3,576 sq ft
1376 N Clover Ct, Addison, IL 60101
See all

Provided by Redfin

Sale history for 107 W Michael Ln

Date

Event

Price

RENT. #1

Feb 22, 2022

Price Changed

$1,250

MRED as Distributed by MLS Grid #09812425

Feb 20, 2018

Sold (MLS) (Closed Sale)

$351,000

Jan 4, 2018

Contingent

—

Jan 4, 2018

Relisted (Reactivated)

—

Dec 30, 2017

Listing Removed

—

Dec 29, 2017

Contingent

—

Dec 25, 2017

Relisted (Reactivated)

—

Dec 8, 2017

Contingent

—

Dec 5, 2017

Listed (New)

$335,000

MRED as Distributed by MLS Grid #07518072

Dec 27, 2010

Sold (MLS) (Closed Sale)

$195,000

Sep 30, 2010

Contingent

—

Sep 16, 2010

Price Changed

$210,000

Sep 16, 2010

Price Changed (Price Change)

$215,000

Sep 8, 2010

Price Changed (Price Change)

$220,000

Aug 24, 2010

Price Changed (Price Change)

$225,000

Aug 12, 2010

Price Changed (Price Change)

$230,000

Jul 1, 2010

Price Changed (Price Change)

$240,000

Jun 13, 2010

Price Changed (Price Change)

$245,000

Jun 8, 2010

Relisted (Reactivated)

—

Jun 2, 2010

Contingent

—

May 3, 2010

Listed (New)

$249,000

4 UNITS EACH HAS 2 BR, 1 BATH, KITCHEN, LIVING RM AND BASEMENT FINISHED. MUST UNITS ARE UPDATED. NEWER ROOF, NEWER OUTSIDE DOORS AND WINDOWS, CERAMIC TILES IN ALL BATHROOMS & KITCHENS. TENANTS PAY FOR GAS, ELECTRIC. GOOD CASH FLOW INVESTMENT! SALE AS IS. THIS IS A SHORT SALE. EARNEST MONEY HELD BY L OFFICE & PROOF OF FUNDS REQ. ALL DOCUMENTS ARE IN PROCESS W/ LENDER, PROOF OF FUNDS REQUIRED.

MRED as Distributed by MLS Grid #07393107

Dec 12, 2009

Listing Removed

—

MRED as Distributed by MLS Grid #07208262

Aug 3, 2009

Listing Removed

—

Public Records

May 4, 2006

Sold

$450,000

Public Records

Jan 27, 2000

Sold

$238,000

Year

Property tax

Land + Additions

Assessment*

2024

$10,732 (+4.2%)

$60,906 + $91,364

$152,270

2023

$10,305 (+8.9%)

$55,990 + $83,990

$139,980

2022

$9,460 (+4.1%)

$51,380 + $77,070

$128,450

2021

$9,087 (+2.5%)

$49,210 + $73,820

$123,030

2020

$8,864 (+0.4%)

$47,140 + $70,710

$117,850

2019

$8,824 (+7.2%)

$45,330 + $67,990

$113,320

2018

$8,231 (+2.3%)

$40,560 + $60,840

$101,400

2017

$8,044 (+2.1%)

$38,760 + $58,150

$96,910

2016

$7,875 (+1.9%)

$35,790 + $53,690

$89,480

2015

$7,727 (+49.7%)

$33,060 + $49,600

$82,660

2013

$5,162 (+3.3%)

$14,310 + $42,930

$57,240

2012

$4,997 (+5.0%)

$15,280 + $45,840

$61,120

2011

$4,760 (−45.0%)

$17,000 + $50,990

$67,990

2010

$8,648 (+2.6%)

$27,350 + $109,400

$136,750

2009

$8,429 (+2.6%)

$30,070 + $120,300

$150,370

2008

$8,213 (+6.6%)

$30,070 + $120,300

$150,370

2007

$7,703

$27,950 + $111,800

$139,750

Tax history for 107 W Michael Ln

Year

Property tax

Land + Additions

Assessment*

2024

$10,732 (+4.2%)

$60,906 + $91,364

$152,270

2023

$10,305 (+8.9%)

$55,990 + $83,990

$139,980

2022

$9,460 (+4.1%)

$51,380 + $77,070

$128,450

2021

$9,087 (+2.5%)

$49,210 + $73,820

$123,030

2020

$8,864 (+0.4%)

$47,140 + $70,710

$117,850

2019

$8,824 (+7.2%)

$45,330 + $67,990

$113,320

2018

$8,231 (+2.3%)

$40,560 + $60,840

$101,400

2017

$8,044 (+2.1%)

$38,760 + $58,150

$96,910

2016

$7,875 (+1.9%)

$35,790 + $53,690

$89,480

2015

$7,727 (+49.7%)

$33,060 + $49,600

$82,660

2013

$5,162 (+3.3%)

$14,310 + $42,930

$57,240

2012

$4,997 (+5.0%)

$15,280 + $45,840

$61,120

2011

$4,760 (−45.0%)

$17,000 + $50,990

$67,990

2010

$8,648 (+2.6%)

$27,350 + $109,400

$136,750

2009

$8,429 (+2.6%)

$30,070 + $120,300

$150,370

2008

$8,213 (+6.6%)

$30,070 + $120,300

$150,370

2007

$7,703

$27,950 + $111,800

$139,750

*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

8,908 Sq. Ft.

Year renovated

—

Sq. Ft.

2,992

Year built

1962

Style

Multi-Family (5+ Unit)

County

DuPage County

APN

0321311018

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 8, 2026.

Property details

Parking

Parking Information
# Of Cars: 7
# of Parking (Total): 7
Parking On-Site: Yes
Parking Features: Assigned
Parking: Space/s
Parking Ownership: Owned

Interior

Bathroom Information
# of Baths (Full): 4

Bedroom Information
# of Bedrooms: 8
# of Bedrooms Possible: 8

Additional Rooms Information
Recreation Room, Utility Room-Lower Level
Basement: Partial, Walkout
Basement Description: Finished,Unfinished,Exterior Access

Interior Features
# of Rooms: 20

Equipment
CO Detectors, Sump Pump

Community Information
Community Features: Sidewalks, Street Lights, Street Paved

Unit Type 1 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1

Unit Type 2 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1

Unit Type 3 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1

Unit Type 4 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1

Exterior

Building Information
# Of Units in Building: 4
Exterior Building Type: Brick
Age: 51-60 Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt

Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: School Bus Service
Parcel Number: 0321311018

Lot Information
Dimensions: 60 X 150
Lot Size: Less Than .25 Acre
Zoning: MULTI

Financial

Tax Information
Tax Annual Amount: $7,875
Tax Year: 2016

Financial Information
Finance Code: Conventional
Special Service Area: N
Gross Income: $4,044

Utilities

Utility Information
Water Source: Lake Michigan, Public
Sewer: Public Sewer, Sewer-Storm

Heating & Cooling
Heating: Natural Gas, Forced Air

Location

School Information
Elementary School District: 4
Elementary School: LINCOLN ELEMENTARY SCHOOL
Middle Or Junior School District: 4
Middle Or Junior School: INDIAN TRAIL JUNIOR HIGH SCHOOL
High School District: 88
High School: ADDISON TRAIL HIGH SCHOOL

Location Information
Township: ADDISON
Corporate Limits: ADDISON
Directions: Addison, North of Lake, to Michael Lane, West to units.

Public facts

Beds: —
Baths: —
Sq. Ft.: 2,992
Stories: —
Lot Size: 8,908 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1962
Year Renovated: —
County: DuPage County
APN: 0321311018

Home facts updated by county records on Sep 8, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing

Around this home

Schools

Lincoln Elementary School

Public K-5 • Assigned • 0.3mi

4/10

Indian Trail Junior High School

Public 6-8 • Assigned • 0.4mi

5/10

Addison Trail High School

Public 9-12 • Assigned • 1.6mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

6/10 Flood Factor

Estimated 71-79% 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?

Track this home’s value and nearby sales activity

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New listings for sale in 60101

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Remodeled kitchen • Quartz countertops • Finished basement

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656 W St Aubin Dr, Addison, IL 60101

Granite counter-tops • Rec room • Deck

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Bright upper level • Private backyard • 9,147 sq ft lot

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Exposed brick wall • Private new balcony • Versatile bonus room

OPEN SUN, 12PM TO 2PM

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100 W Natoma Ave, Addison, IL 60101

Heated driveway • Original millwork • Zoned r3d

3D WALKTHROUGH

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427 W Natoma Ave, Addison, IL 60101

Brick home • Gas fireplace • Walk-in closets

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Split-level home • Private cul-de-sac • 9,147 sq ft lot

Home values near 107 W Michael Ln

Data from public records.

Address	Redfin Estimate
130 W Michael Lane, Addison, IL - Beds \| - Baths \| 2040 Sq. Ft.	—
118 W Michael Lane #A, Addison, IL - Beds \| - Baths \| 2040 Sq. Ft.	—

Address	Redfin Estimate
95 W Michael Lane, Addison, IL 8 Beds \| 4 Baths \| - Sq. Ft.	$759,525
47 W Michael Lane, Addison, IL - Beds \| - Baths \| 2992 Sq. Ft.	—

Address	Redfin Estimate
106 W Michael Lane #A, Addison, IL - Beds \| - Baths \| 2040 Sq. Ft.	—
59 W Michael Lane, Addison, IL 8 Beds \| 4 Baths \| - Sq. Ft.	$583,400

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 60101, IL

Sale history for 107 W Michael Ln

Tax history for 107 W Michael Ln

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 60101

Home values near 107 W Michael Ln

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