Google street view image for 316 S Michigan Ave, Addison, IL 60101

OFF MARKET

$346,417

—

•

1.5 ba

•

1,576

sq ft

316 S Michigan Ave, Addison, IL 60101

About this home

316 S Michigan Ave is a 1,576 square foot house on a 10,584 square foot lot with 1.5 bathrooms. Based on Redfin's Addison data, we estimate the home's value is $346,417.

Single-familyProperty Type

1950Year Built

10,584 sq ftLot Size

$220Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$346,417

$12K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.5% lower than the average sale price ($379K) of 6 comparable homes.

SOLD AUG 24, 2026
$377,000
A
4 beds2 baths1,400 sq ft
340 E Drake Ave, Addison, IL 60101
SOLD JUN 3, 2026
$385,000
B
4 beds2 baths1,516 sq ft
45 N Wisconsin Ave N, Addison, IL 60101
SOLD JUN 18, 2026
$415,000
C
4 beds2 baths1,700 sq ft
221 S Michigan Ave, Addison, IL 60101
SOLD AUG 14, 2026
$375,000
D
3 beds1.5 baths1,706 sq ft
921 S Iowa Ave, Addison, IL 60101
SOLD JUL 24, 2026
$375,000
E
3 beds1 bath1,458 sq ft
657 W Armitage Ave, Elmhurst, IL 60126
SOLD JUN 24, 2026
$345,000
F
3 beds2 baths1,288 sq ft
17W685 Lorraine Ave, Addison, IL 60101

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Earn from this home

Sell

$328,809

Est. take-home

List your home with Redfin and save $1,732

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 316 S Michigan Ave

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2024

$5,957 (+5.9%)

$44,817 + $55,695

$100,512

2023

$5,624 (+3.2%)

$41,200 + $51,200

$92,400

2022

$5,452 (+4.8%)

$37,960 + $47,060

$85,020

2021

$5,203 (+3.2%)

$36,360 + $45,080

$81,440

2020

$5,040 (+1.1%)

$34,830 + $43,180

$78,010

2019

$4,984 (+1.7%)

$33,490 + $41,520

$75,010

2018

$4,903 (+3.2%)

$31,880 + $39,520

$71,400

2017

$4,751 (+3.8%)

$30,470 + $37,770

$68,240

2016

$4,577 (+3.7%)

$28,130 + $34,870

$63,000

2015

$4,412 (+1.5%)

$25,990 + $32,210

$58,200

2013

$4,348 (−0.1%)

$24,300 + $34,920

$59,220

2012

$4,353 (+3.0%)

$25,950 + $37,290

$63,240

2011

$4,225 (−11.8%)

$28,870 + $41,480

$70,350

2010

$4,791 (+1.4%)

$36,920 + $48,840

$85,760

2009

$4,725 (−2.6%)

$40,600 + $53,700

$94,300

2008

$4,850 (+6.5%)

$40,600 + $53,700

$94,300

2007

$4,555

$37,730 + $49,910

$87,640

Tax history for 316 S Michigan Ave

Year

Property tax

Land + Additions

Assessment*

2024

$5,957 (+5.9%)

$44,817 + $55,695

$100,512

2023

$5,624 (+3.2%)

$41,200 + $51,200

$92,400

2022

$5,452 (+4.8%)

$37,960 + $47,060

$85,020

2021

$5,203 (+3.2%)

$36,360 + $45,080

$81,440

2020

$5,040 (+1.1%)

$34,830 + $43,180

$78,010

2019

$4,984 (+1.7%)

$33,490 + $41,520

$75,010

2018

$4,903 (+3.2%)

$31,880 + $39,520

$71,400

2017

$4,751 (+3.8%)

$30,470 + $37,770

$68,240

2016

$4,577 (+3.7%)

$28,130 + $34,870

$63,000

2015

$4,412 (+1.5%)

$25,990 + $32,210

$58,200

2013

$4,348 (−0.1%)

$24,300 + $34,920

$59,220

2012

$4,353 (+3.0%)

$25,950 + $37,290

$63,240

2011

$4,225 (−11.8%)

$28,870 + $41,480

$70,350

2010

$4,791 (+1.4%)

$36,920 + $48,840

$85,760

2009

$4,725 (−2.6%)

$40,600 + $53,700

$94,300

2008

$4,850 (+6.5%)

$40,600 + $53,700

$94,300

2007

$4,555

$37,730 + $49,910

$87,640

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

Permits

Apr 30, 2019 • Final

Accessory

Work on a sidewalk for a single-family home accessory structure.

ADU

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

Interior

Basement Information
Basement Sq. Ft: 760

Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1

Exterior

Exterior Information
Building Style Type: Ranch
Construction Type: Frame
Building Type: Residential

Property Information
Subdivision Name: HOME ADD TO ADD
Living Sq. Ft: 1,576
Ground Floor Sq. Ft: 1,576
Building Sq. Ft: 2,336
Legal Description: HOME ADD TO ADDISON ALL N 1/2

Lot Information
# of Buildings: 1
Land Sq. Ft: 10,584
Legal Lot Number: 5,6
Legal Block Number: 24
Municipality Name: ADDISON TOWNSHIP
Acres: 0.243
Depth Footage: 142
Front Footage: 75
Zoning Code: R
County Use Description: RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2024

Public facts

Beds: —
Baths: 1.5
Sq. Ft.: 1,576
Stories: —
Lot Size: 10,584 square feet
Style: Single Family Residential
Year Built: 1950
Year Renovated: —
County: DuPage County
APN: 0328424014

Home facts updated by county records on Sep 8, 2026

Around this home

Schools

Fullerton Elementary School

Public K-5 • Assigned • 0.1mi

5/10

Indian Trail Junior High School

Public 6-8 • Assigned • 1.0mi

5/10

Addison Trail High School

Public 9-12 • Assigned • 2.0mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk 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

Estimated sale price

$330,000 – $399,000

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Nearby similar homes

$237,500

1 bed1.5 baths1,344 sq ft

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$600,000

5 beds3.5 baths2,103 sq ft

231 W Diversey Ave, Addison, IL 60101

$59,900

Land— sq ft

343 S Chatham Ave, Addison, IL 60101

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4 beds2 baths1,100 sq ft

548 S Harvard Ave, Addison, IL 60101

NEW CONSTRUCTION

$1,499,000

4 beds4.5 baths3,600 sq ft

215 N Glade Ave, Elmhurst, IL 60126

$349,999

3 beds1.5 baths1,811 sq ft

10 N Adams Dr, Addison, IL 60101

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 316 S Michigan Ave

Data from public records.

Address	Redfin Estimate
329 S Michigan Avenue, Addison, IL 3 Beds \| 2 Baths \| 1291 Sq. Ft.	$387,909
317 S Michigan Avenue, Addison, IL 3 Beds \| 1 Baths \| 1062 Sq. Ft.	$360,194

Address	Redfin Estimate
341 S Michigan Avenue, Addison, IL - Beds \| 1.5 Baths \| 1267 Sq. Ft.	$359,052
305 S Michigan Avenue, Addison, IL 3 Beds \| 1.5 Baths \| - Sq. Ft.	$375,166

Address	Redfin Estimate
321 S Michigan Avenue, Addison, IL 4 Beds \| 2 Baths \| 1260 Sq. Ft.	$426,403
301 S Michigan Avenue, Addison, IL 3 Beds \| 1 Baths \| 1260 Sq. Ft.	$318,723

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