Incredible Opportunity: 1/2 Duplex with Assumable Mortgage! This 1/2 Ranch Duplex has NO HOA fees and ASSUMABLE MORTGAGE AT 2.875!!!! Approximately 228,000 in balance. Includes a Home Warranty for your peace of mind! Secure this home's low, assumable mortgage, save thousands annually, and close in 30 days! This Spacious home has excellent bones and an amazing back yard that could be fenced for more privacy. It just needs your ideas and some elbow grease to make this place AMAZING!! With a few adjustments it could be handicapped accessible, but isn't in the current state. One level ranch! The property was rehabbed in 2021. SS appliances , newer kitchen, flooring and bathrooms. Master bedroom has full master bathroom with walk-in shower and double closets. 1 car garage with 2 car wide driveway. Great location within walking distance to schools. Great extra deep crawl space for an additional storage. This home could also make a great rental property!
Closed
$285,000
462 E Lorraine Ave, Addison, IL 60101
3beds
1,329sqft
Duplex, Single Family Residence
Built in 1984
-- sqft lot
$306,200 Zestimate®
$214/sqft
$2,166 Estimated rent
Home value
$306,200
$279,000 - $337,000
$2,166/mo
Zestimate® history
Owner options
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$2,166/mo
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$2,166/mo
Rent Zestimate®
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$1,984/mo
Est. payment
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$1,984/mo
Est. payment
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List your homeWhat's special
Newer kitchenSs appliancesDouble closetsWalk-in shower
Zillow last checked:
Listing updated:
Listing courtesy of:
Ivelina Stoyanova 312-493-8327,
HomeSmart Connect LLC
Bought with:
Maria Noyola
T.K. Realty Inc
Source: MRED as distributed by MLS GRID,MLS#: 12222933
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14X12
Bedroom 2
- Features: Flooring (Carpet)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 3
- Features: Flooring (Carpet)
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11X12
Dining room
- Features: Flooring (Wood Laminate)
- Level: Main
- Dimensions: COMBO
Kitchen
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 170 Square Feet
- Dimensions: 10X17
Laundry
- Features: Flooring (Vinyl)
- Level: Main
- Area: 40 Square Feet
- Dimensions: 5X8
Living room
- Features: Flooring (Carpet)
- Level: Main
- Area: 276 Square Feet
- Dimensions: 12X23
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Refrigerator
- Laundry: Washer Hookup, Main Level, Gas Dryer Hookup, In Unit
Features
- Dining Combo
- Flooring: Laminate
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,329 sqft
Property
Parking
- Total spaces: 1
- Parking features: Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Lot
- Size: 7,854 sqft
- Dimensions: 34X231
- Features: Other
Details
- Parcel number: 0334104040
- Special conditions: Home Warranty
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Single Family Residence
Materials
- Brick, Cedar
Condition
- New construction: No
- Year built: 1984
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Addison
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/7/2025 | Sold | $285,000-4.6%$214/sqft |
Source:  MRED as distributed by MLS GRID #12222933 Report a problem | ||
| 12/28/2024 | Contingent | $298,884$225/sqft |
Source: MRED as distributed by MLS GRID #12222933 Report a problem | ||
| 12/18/2024 | Listed for sale | $298,884$225/sqft |
Source: MRED as distributed by MLS GRID #12222933 Report a problem | ||
| 12/17/2024 | Listing removed | $2,400$2/sqft |
Source: MRED as distributed by MLS GRID #12223157 Report a problem | ||
| 12/17/2024 | Contingent | $298,884$225/sqft |
Source: MRED as distributed by MLS GRID #12222933 Report a problem | ||
| 12/9/2024 | Listed for rent | $2,400$2/sqft |
Source: MRED as distributed by MLS GRID #12223157 Report a problem | ||
| 12/8/2024 | Listed for sale | $298,884+34.6%$225/sqft |
Source: MRED as distributed by MLS GRID #12222933 Report a problem | ||
| 1/27/2022 | Sold | $222,000$167/sqft |
Source: Public Record Report a problem | ||
| 10/8/2021 | Sold | $222,000-1.3%$167/sqft |
Source: MRED as distributed by MLS GRID #11185757 Report a problem | ||
| 8/23/2021 | Contingent | $225,000$169/sqft |
Source: MRED as distributed by MLS GRID #11185757 Report a problem | ||
| 8/11/2021 | Listed for sale | $225,000$169/sqft |
Source: MRED as distributed by MLS GRID #11185757 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,456 +5.3% | $71,218 +8.8% |
| 2023 | $4,231 +3.3% | $65,470 +6.2% |
| 2022 | $4,097 +15.5% | $61,630 +4.4% |
| 2021 | $3,547 +3.6% | $59,030 +4.4% |
| 2020 | $3,425 +1.4% | $56,540 +4% |
| 2019 | $3,377 +6.6% | $54,370 +8.7% |
| 2018 | $3,168 +3.7% | $50,030 +4.6% |
| 2017 | $3,055 +4.8% | $47,810 +8.3% |
| 2016 | $2,917 +4.8% | $44,140 +8.2% |
| 2015 | $2,784 -16.3% | $40,780 -12% |
| 2014 | $3,327 +1.6% | $46,360 -2% |
| 2013 | $3,273 -1.2% | $47,300 -6.4% |
| 2012 | $3,312 +2.4% | $50,510 -10.1% |
| 2011 | $3,234 +3.5% | $56,190 -5.4% |
| 2010 | $3,123 +0.8% | $59,380 -9.1% |
| 2009 | $3,099 | $65,290 |
Find assessor info on the county website
Neighborhood: 60101
Nearby schools
GreatSchools rating
- 5/10Fullerton Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Indian Trail Jr High SchoolGrades: 6-8Distance: 1.5 mi
- 9/10Addison Trail High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Fullerton Elementary School
- Middle: Indian Trail Junior High School
- High: Addison Trail High School
- District: 4
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$306,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$306,200
- Illinois
- DuPage County
- Addison
- 60101
- 462 E Lorraine Ave
Nearby cities
Nearby zip codes
Other Addison Topics
