OFF MARKET

Off Market Jul 2019 for $412K

$663,708

Est. refi paymentEst. refi $3,271/mo

•

4 ba

•

—

sq ft

216 W Michael Ln, Addison, IL 60101

About this home

ESTABLISHED BRICK 4-UNIT APARTMENT BUILDING. PERFECT FOR A NEW INVESTOR! NO VACANCIES, TENURED TENANTS AND AN OPPORTUNITY TO INCREASE RENTS. * BRAND NEW ROOF 2019 * NEWER BOILER (FURNACE) INSTALLED (APPROX. 5 YEARS OLD) * ALL WINDOWS REPLACED IN EARLY 2000s * BRAND NEW FRONT MAIN DOOR. * 7 EXTERIOR PARKING SPACES WITH A LARGE PORTION OF REFINISHED BLACKTOP 2018 CENTRAL LOCATION WITHIN CITY, CLOSE TO ELEMENTARY/JUNIOR HIGH SCHOOLS AND SHOPPING. NOTE: PLEASE DO NOT APPROACH TENANTS. 24-HOUR NOTICE REQUIRED FOR SHOWINGS.

Multi-familyProperty Type

1963Year Built

8,712 sq ftLot Size

7 spacesParking

Listed by Alexandra Kaleel • PRG Group, LLC

Bought with Juan Zapata • Net Realty Corp

Redfin checked: 4 minutes ago

•Source:MRED as Distributed by MLS Grid #10414628

Redfin Estimate

$663,708

$252K since sold in July 2019$5,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 44.7% higher than the average sale price ($459K) of 6 comparable homes.

SOLD SEP 3, 2026
$475,000
A
5 beds2 baths— sq ft
611 N Lincoln Ave, Addison, IL 60101
SOLD JUL 16, 2026
$430,000
B
3 beds1.5 baths1,600 sq ft
722 N Mavis Ln, Addison, IL 60101
SOLD JUL 31, 2026
$420,000
C
3 beds2.5 baths1,624 sq ft
115 N Rose Ave, Addison, IL 60101
SOLD JUL 6, 2026
$485,000
D
3 beds2.5 baths1,980 sq ft
237 N Pioneer Dr, Addison, IL 60101
SOLD JUL 31, 2026
$385,000
E
3 beds2 baths1,526 sq ft
403 N 6th Ave, Addison, IL 60101
SOLD MAY 27, 2026
$557,500
F
4 beds2.5 baths1,884 sq ft
263 N Baynard Rd, 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 August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.7%

+0.0% MoM

Median sale price

$415K

$5K MoM

Avg. days on market

48d

1 days MoM

Recently sold homes

106

4 MoM

New listings for sale

3D WALKTHROUGH
$597,000
4 beds2.5 baths2,623 sq ft
1251 N Scarlet Dr, Addison, IL 60101
$154,900
1 bed1.5 baths927 sq ft
940 N Rohlwing Rd Unit 201A, Addison, IL 60101
$473,000
3 beds2 baths2,466 sq ft
1210 N Keebie Ct, Addison, IL 60101
$440,000
4 beds2 baths— sq ft
121 S Addison Rd, Addison, IL 60101
$399,000
3 beds2 baths3,635 sq ft
201 S Yale Ave, Addison, IL 60101
$410,000
3 beds2 baths1,219 sq ft
1101 N Millns Ln, Addison, IL 60101
$155,000
1 bed1 bath— sq ft
215 S Hale St Unit 6A, Addison, IL 60101
$595,000
4 beds3.5 baths2,323 sq ft
200 N Maple St, Addison, IL 60101
$519,900
5 beds2.5 baths2,442 sq ft
1734 W Rampart Rd, Addison, IL 60101
$579,000
2 beds2 baths1,754 sq ft
768 Eagle Ct, Addison, IL 60101
See all

Provided by Redfin

Sale history for 216 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

Tax history for 216 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

8,878 Sq. Ft.

Year renovated

—

Sq. Ft.

1,935

Year built

1963

Style

Multi-Family (5+ Unit)

County

DuPage County

APN

0321305044

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 8, 2026.

Jul 11, 2019 • Final

Alteration

Perform a roof alteration on a multi-family residential building.

Demolition

Jul 3, 2019 • Final

Accessory

Construct a parking lot as an accessory structure for a multi-family residential building.

Grading

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
# of Cars: 7
# of Exterior Parking Spaces: 7
Parking Space(s)
Parking On-Site
Parking Ownership: Owned Parking

Interior

Bedroom Information
# of Bedrooms: 7
# of Bedrooms (Above Grade): 7

Bathroom Information
# of Baths (Full): 4

Additional Rooms Information
Utility Room (1st Floor)
Partial Basement
Unfinished Basement

Heating & Cooling
Gas Heating

Unit 1 Information
# of Rooms: 4
# of Beds: 1
# of Baths (Full): 1
Floor #: 1
Stove, Refrigerator, Window Air Conditioner
Tenant Pays Electric
Rent: $760
Security Deposit: $760
Lease Expiration Date: NA

Unit 2 Information
# of Rooms: 5
# of Beds: 2
# of Baths (Full): 1
Floor #: 1
Stove, Refrigerator, Window Air Conditioner
Tenant Pays Electric
Rent: $860
Security Deposit: $860
Lease Expiration Date: NA

Unit 3 Information
# of Rooms: 5
# of Beds: 2
# of Baths (Full): 1
Floor #: 2
Stove, Refrigerator, Window Air Conditioner
Tenant Pays Electric
Rent: $860
Security Deposit: $860
Lease Expiration Date: NA

Unit 4 Information
# of Rooms: 5
# of Beds: 2
# of Baths (Full): 1
Floor #: 2
Stove, Refrigerator, Window Air Conditioner
Tenant Pays Electric
Rent: $860
Security Deposit: $860

Exterior

Building Information
# of Units: 4
Built Before 1978
Age: 51-60 Years
Brick Exterior
Asphalt/Glass Roof (Shingles)

Lot Information
Dimensions: 60X148
Less Than .25 Acre

Property Information
# of Rooms: 20
Ownership: Fee Simple
Parcel Identification Number: 0321305044

Financial

Financial Information
Tax: $8,043.92
Tax Year: 2017
Special Service Area: N
Finance Code: FHA

Utilities

Utility Information
Water: Lake Michigan
Sewer (Public)

Location

School Information
Elementary School District: 4
Junior High District: 4
High School District: 4

Location Information
Township: Addison
Corporate Limits: Addison
Directions: Lake Street to Lincoln Road

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,935
Stories: —
Lot Size: 8,878 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1963
Year Renovated: —
County: DuPage County
APN: 0321305044

Home facts updated by county records on Sep 8, 2026

Other

Listing Information
Possession: Closing
Holds Earnest Money: Yes
Seller Concessions: No

Around this home

Schools

Lincoln Elementary School

Public K-5 • Assigned • 0.2mi

4/10

Indian Trail Junior High School

Public 6-8 • Assigned • 0.3mi

5/10

Addison Trail High School

Public 9-12 • Assigned • 1.4mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 14-22% 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

3D WALKTHROUGH

$597,000

4 beds2.5 baths2,623 sq ft

1251 N Scarlet Dr, Addison, IL 60101

$154,900

1 bed1.5 baths927 sq ft

940 N Rohlwing Rd Unit 201A, Addison, IL 60101

$473,000

3 beds2 baths2,466 sq ft

1210 N Keebie Ct, Addison, IL 60101

$440,000

4 beds2 baths— sq ft

121 S Addison Rd, Addison, IL 60101

$399,000

3 beds2 baths3,635 sq ft

201 S Yale Ave, Addison, IL 60101

$410,000

3 beds2 baths1,219 sq ft

1101 N Millns Ln, Addison, IL 60101

$155,000

1 bed1 bath— sq ft

215 S Hale St Unit 6A, Addison, IL 60101

$595,000

4 beds3.5 baths2,323 sq ft

200 N Maple St, Addison, IL 60101

$519,900

5 beds2.5 baths2,442 sq ft

1734 W Rampart Rd, Addison, IL 60101

Home values near 216 W Michael Ln

Data from public records.

Address	Redfin Estimate
205 W Michael Lane, Addison, IL 11 Beds \| 6 Baths \| - Sq. Ft.	—
213 W Michael Lane, Addison, IL - Beds \| - Baths \| 3869 Sq. Ft.	—

Address	Redfin Estimate
201 W Michael Lane, Addison, IL 11 Beds \| 6 Baths \| 3869 Sq. Ft.	—
217 W Michael Lane Unit 3, Addison, IL - Beds \| - Baths \| 3869 Sq. Ft.	—

Address	Redfin Estimate
209 W Michael Lane, Addison, IL - Beds \| - Baths \| 3869 Sq. Ft.	—
221 W Michael Lane, Addison, IL - Beds \| - Baths \| 3869 Sq. Ft.	—

Property information provided by MRED as Distributed by MLS Grid when last listed in 2019. 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

Earn from this home

Market trends in 60101, IL

Sale history for 216 W Michael Ln

Tax history for 216 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 216 W Michael Ln

More real estate resources