OFF MARKET

Off market jun 2022 for $488K

—

Est. refi paymentEst. refi $3,126/mo

•

—

sq ft

119 W Michael Ln, Addison, IL 60101

About this home

4 UNIT INVESTMENT PROPERTY GROSSING $46,800 PER YEAR!!! This solid brick building features open concept, 3-level units that resemble spacious townhomes. Each unit contains 2 bedrooms and 1 bathroom, with walk-out basements that could be converted to a 3rd bedroom, eat-in kitchens, vaulted ceilings, forced air gas heating, and assigned parking at the rear of the property. The roof, furnaces, and windows are all under 10 years old, with no issues whatsoever. Tenants are responsible for their own utilities. Market rate rents are currently a minimum of $1050 per unit.

Multi-familyProperty Type

1962Year Built

9,147 sq ftLot Size

7 spacesParking

Listed by Peter Diaz • @properties Christie's International Real Estate

Bought with Kazimierz Leja • Homeplus Realty Inc.

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #11339335

Redfin Estimate

We are currently not able to show the Redfin Estimate at this time.

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

EARLY ACCESS
$440,000
3 beds1.5 baths1,753 sq ft
3N701 Central Ct, Addison, IL 60101
$437,000
3 beds3.5 baths2,200 sq ft
2138 W Adobe Dr #2138, Addison, IL 60101
$225,000
2 beds1.5 baths922 sq ft
962 N Rohlwing Rd Unit 101B, Addison, IL 60101
$340,000
3 beds2 baths1,450 sq ft
21W780 Park Ave, Lombard, IL 60148
$429,900
3 beds2.5 baths2,540 sq ft
100 S Mill Meadow Ln, Addison, IL 60101
VIDEO TOUR
$475,000
4 beds3 baths2,641 sq ft
1207 N Fischer Dr, Addison, IL 60101
$425,000
4 beds2 baths2,534 sq ft
418 N Regal Ct, Addison, IL 60101
OPEN SUN, 1PM TO 3PM
$169,900
1 bed1.5 baths900 sq ft
649 N Briar Hill Ln #1, Addison, IL 60101
$419,900
4 beds2.5 baths1,227 sq ft
416 S Cherry Hill Dr, Addison, IL 60101
$282,500
2 beds2 baths1,260 sq ft
881 N Swift Rd #306, Addison, IL 60101
See all

Provided by Redfin

Redfin agents who toured

4 unit 2 bedrooms in each unit. Washer and dryer hook up in a few units. Parking lot available
10 years ago• May not reflect the current state of the home
Marie Folan
Redfin agent

Sale history for 119 W Michael Ln

Date

Event

Price

MRED as Distributed by MLS Grid #11339335

Jun 9, 2022

Sold (MLS) (Closed)

$488,000

Jun 7, 2022

Pending

—

Apr 12, 2022

Contingent (Contingent - Continue to Show)

—

Apr 12, 2022

Relisted (Active)

—

Mar 28, 2022

Contingent (Contingent - Continue to Show)

—

Mar 25, 2022

Relisted (Active)

—

Mar 11, 2022

Contingent (Contingent - Continue to Show)

—

Mar 10, 2022

Relisted (Active)

—

Mar 6, 2022

Contingent (Contingent - Continue to Show)

—

Mar 4, 2022

Listed (Active)

$488,000

MRED as Distributed by MLS Grid #09669920

Sep 22, 2017

Sold (MLS) (Closed Sale)

$320,000

Jul 16, 2017

Contingent

—

Jun 23, 2017

Listed (New)

$339,000

PERFECT LOCATION Close to Highways and shopping! GREAT CASH FLOW! This SOLID BRICK investment features a unique 3 LEVEL layout! (Looks like attached townhomes) Each unit features a SPACIOUS OPEN CONCEPT MAIN FLOOR family room/kitchen, 2 BEDS, 1 Bath, and A WALK-OUT LOWER LEVEL WITH ABOVE GRADE WINDOW! Tenants will appreciate the AMPLE living space, OPEN CONCEPT FLOOR PLAN, dramatic vaulted ceilings, and AMPLE parking- both off street and assigned parking ! This RARE layout is IDEAL with basements that could be finished with 3rd bedrooms and could easily pull higher than average area rents! All units are FORCED GAS and AC unit ready! All tenants pay their own Electric and Gas! Property FEATURES A NEWER ROOF (TEAR OFF) under 5yrs of age, NEWER 5yr old Furnace! Property near SHOPPING, RESTAURANTS, SCHOOLS, & PARKS! GREAT TENANTS, FULLY OCCUPIED, AND RENTS OUT QUICK! (All one year leases, 2 tenants more than 5 years at property) Rents Unit A $925, Unit B $925, Unit C $900 and Unit D $900

MRED as Distributed by MLS Grid #09254064

Mar 31, 2017

Listing Removed

—

Mar 25, 2017

Contingent

—

MRED as Distributed by MLS Grid #08951975

Sep 29, 2015

Sold (MLS) (Closed Sale)

$260,000

Jul 1, 2015

Contingent

—

Jun 12, 2015

Listed (New)

$289,900

Public Records

Oct 1, 1986

Sold

$124,500

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 119 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

8,617 Sq. Ft.

Year renovated

—

Sq. Ft.

2,992

Year built

1962

Style

Multi-Family (5+ Unit)

County

DuPage County

APN

0321311017

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: Unassigned, Off Street
Parking: Space/s
Parking Ownership: Owned

Interior

Bathroom Information
# of Baths (Full): 4
Bath Amenities: Soaking Tub

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

Additional Rooms Information
Basement Description: Slab

Interior Features
# of Rooms: 5

Community Information
Community Features: Curbs, Sidewalks, Street Paved

Unit Type 1 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: 0
Rent: $950
Tenant Pays: Electric,Gas
Lease Expiration Date: Thursday, December 1, 2022

Unit Type 2 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Rent: $950
Tenant Pays: Electric,Gas
Lease Expiration Date: Thursday, December 1, 2022

Unit Type 3 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Rent: $950
Tenant Pays: Electric,Gas
Lease Expiration Date: Thursday, December 1, 2022

Unit Type 4 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Rent: $1,050
Tenant Pays: Electric,Gas
Lease Expiration Date: Thursday, December 1, 2022

Exterior

Exterior Features
Exterior Features: Storms/Screens

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

Property Information
Property Type: Two to Four Units
Model: BI-LEVEL 4 FLATS
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: School Bus Service,Interstate Access
Parcel Number: 0321311017

Lot Information
Dimensions: 157 X 60
Lot Size: Less Than .25 Acre
Zoning: MULTI

Financial

Tax Information
Tax Annual Amount: $8,863.60
Tax Year: 2020

Financial Information
Finance Code: Conventional
Special Service Area: N
Gross Income: $46,800

Utilities

Utility Information
Water Source: Lake Michigan
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: 83 NORTH to LAKE STREET WEST TO LINCOLN AVE, NORTH TO MICHAEL LANE EAST TO PROPERTY

Public facts

Beds: 8
Baths: 4.0
Sq. Ft.: 2,992
Stories: —
Lot Size: 8,617 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1962
Year Renovated: —
County: DuPage County
APN: 0321311017

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

7/10 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?

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New listings for sale in 60101

EARLY ACCESSCOLDWELL BANKER COMING SOON

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$437,000

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962 N Rohlwing Rd Unit 101B, Addison, IL 60101

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$429,900

3 beds2.5 baths2,540 sq ft

100 S Mill Meadow Ln, Addison, IL 60101

VIDEO TOUR

$475,000

4 beds3 baths2,641 sq ft

1207 N Fischer Dr, Addison, IL 60101

$425,000

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OPEN SUN, 1PM TO 3PM

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Home values near 119 W Michael Ln

Data from public records.

Address	Redfin Estimate
130 West Michael Ln, Addison, IL - Beds \| - Baths \| 2040 Sq. Ft.	—
118 West Michael Ln Apartment A, Addison, IL - Beds \| - Baths \| 2040 Sq. Ft.	—

Address	Redfin Estimate
95 West Michael Ln, Addison, IL 8 Beds \| 4 Baths \| - Sq. Ft.	$738,608
59 West Michael Ln, Addison, IL 8 Beds \| 4 Baths \| - Sq. Ft.	$590,455

Address	Redfin Estimate
106 West Michael Ln Apartment A, Addison, IL - Beds \| - Baths \| 2040 Sq. Ft.	—
71 West Michael Ln, Addison, IL - Beds \| - Baths \| 2992 Sq. Ft.	—

Property information provided by MRED as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 60101, IL

Redfin agents who toured

Sale history for 119 W Michael Ln

Tax history for 119 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 119 W Michael Ln

More real estate resources