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Off market
  • $727,900

    507 N Valerie Ln, Addison, IL 60101

    8beds
    4baths
    --sqft
    MultiFamily
    Built in 1964
    -- sqft lot
    $727,900 Zestimate®
    $--/sqft
    $1,879 Estimated rent

    Home value

    $727,900

    $670,000 - $801,000

    $1,879/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $1,879/mo

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    $1,879/mo

    Rent Zestimate®

    Refinance and save

    $5,058/mo

    Est. payment

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    $5,058/mo

    Est. payment

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    What's special

    Fantastic investment opportunity to own solid all brick 4 units building, fully rented with excellent cash flow. Each unit has 2 bedrooms and I bath. One unit is a duplex with finished, huge basement. Additional available space in the finished basement perfect for laundry or storage. 8 Parking spaces. This is a end building with a large open space. Low utilities expenses. Tenants pay their own electric and heat. All newer 4 electric heating systems. New cabinets in 3 kitchens. Newer water heater. Near restaurants, shopping, parks and schools. Convenient to expressways and Metra. Property is not located in the flood zone. No vacancy history. Loyal tenants (1, 5, 5 & 3 years). Must make 24 hours appointment. Agent will meet you at site. Average monthly utilities expenses: water, sewer and garbage =$400; electricity for common area = $20; gas for water heater =$40. Insurance=$2,126. Property tax =$7,875.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Other, Electric
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Hardwood

    Property

    Parking
    • Total spaces: 8
    Features
    • Exterior features: Stone, Brick
    Lot
    • Size: 6,969 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1964

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & neighborhood

    Location
    • Region: Addison

    Other

    Other facts
    • Built Before 1978 (Y/N): Yes
    • Sewer: Sewer-Public
    • Water: Public, Lake Michigan
    • Listing Type: Exclusive Right To Sell
    • Equipment: CO Detectors
    • Parking Type: Space/s
    • Other Information: School Bus Service
    • Lot Description: Corner
    • Appliances/Features Unit 1: Stove, Refrigerator, Hardwood Floors
    • Style Of House: Other
    • Type-Multi: 4 Flat
    • Status: New
    • Parking: Assigned Spaces
    • Age: 51-60 Years
    • Area Amenities: Curbs/Gutters, Street Lights, Street Paved, Sidewalks
    • Parking On-Site: Yes
    • Additional Sales Information: List Agent Must Accompany
    • Exterior Property Features: Balcony
    • Parking Ownership: Owned
    • Is Parking Included in Price: Yes
    • Appliances/Features Unit 2: Stove, Refrigerator, Hardwood Floors
    • Tenant Pays - Unit 1: Electric, Heat
    • Tenant Pays - Unit 2: Electric, Heat
    • Basement (Y/N): Full, Walkout
    • Appliances/Features Unit 3: Stove, Refrigerator, Hardwood Floors
    • Appliances/Features Unit 4: Stove, Refrigerator, Hardwood Floors
    • Tenant Pays - Unit 3: Electric, Heat
    • Tenant Pays - Unit 4: Electric, Heat
    • Lot Dimensions: 60 ' X 115'

    Price history

    DateEventPrice
    2/5/2018Sold$440,000+0.2%
    Source: MRED as distributed by MLS GRID #09818215 Report a problem
    12/19/2017Pending sale$439,000
    Source: Berkshire Hathaway HomeServices Starck Real Estate #09818215 Report a problem
    12/15/2017Listed for sale$439,000+131.1%
    Source: Berkshire Hathaway HomeServices Starck Real Estate #09818215 Report a problem
    4/30/2010Sold$190,000
    Source: MRED as distributed by MLS GRID #07430399 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 60101

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $727,900
    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
    $727,900