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116 S Michigan Ave; Addison, IL Property Details

116 S Michigan Ave, Addison, IL is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 116 S Michigan Ave has 1 bathroom, and a total of 1,074 square feet. The lot size of 116 S Michigan Ave is 6,970 square feet.

Off market
116 S Michigan Ave Addison, IL 60101
$87,232 Estimated Value
1 Baths
1,074 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1954
  • Purchase Price: $124,000
  • Est. Equity / %: $338,000 / 100%
  • Gross Yield: 8.024%
  • APN: 03-28-411-016
  • Situs County: Dupage
  • Length Of Ownership: 29 years, 8 months

Rooms

  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Brick

Measurements

  • Total: 1,074/SqFt
  • Lot: 6,970/SqFt
  • Gross: 1,890/SqFt
  • Living: 1,074/SqFt
  • Basement: 816/SqFt
  • Building: 1,890/SqFt
  • Ground: 1,074/SqFt
  • Price Per Square Foot: $115.46

Legal Description

  • Description: HOME ADD TO ADDISON
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: DuPage High School District 88
  • Lat / Lon: 41.92478 / -87.985214
  • Subdivision: Home Add To Addison
  • Property Class: Residential
  • Zoning: R
  • County Use Code: R

Amenities

  • Plus Four: 3942

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

116 S Michigan Ave has no associated ownership info
116 S Michigan Ave has no associated ownership info.

Taxes

116 S Michigan Ave has 10 associated Taxes items

116 S Michigan Ave, Addison, IL pays taxes in Dupage County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $87,232. The APN we've located for 116 S Michigan Ave is 03-28-411-016.

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Taxes
  • Assessed Value:  $87,232
  • Assessed Year:  2025
  • Assessed County:  Dupage
  • APN:  03-28-411-016
  • Assessed Land Value:  45588
  • Market Land Value:  136764
  • Tax Amount:  5318.84
  • Tax Year:  2025
  • Market Value:  261696
  • Market Year:  2025

Tax History

116 S Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $87,232 Land Value $45,588 Improvement Value $41,644 Tax Amount $5,318.84 Change Rate +0.035967% Assessed CR Tax Rate +0.060973%
Year 2024 Assessed Value $80,845 Land Value $42,250 Improvement Value $38,595 Tax Amount $5,134.18 Change Rate +0.051638% Assessed CR Tax Rate +0.063506%
Year 2023 Assessed Value $74,320 Land Value $38,840 Improvement Value $35,480 Tax Amount $4,882.08 Change Rate +0.061973% Assessed CR Tax Rate +0.06569%
Year 2022 Assessed Value $68,420 Land Value $35,790 Improvement Value $32,630 Tax Amount $4,597.18 Change Rate +0.045579% Assessed CR Tax Rate +0.067191%
Year 2021 Assessed Value $65,530 Land Value $34,280 Improvement Value $31,250 Tax Amount $4,396.78 Change Rate +0.029951% Assessed CR Tax Rate +0.067096%
Year 2020 Assessed Value $62,760 Land Value $32,830 Improvement Value $29,930 Tax Amount $4,268.92 Change Rate +0.008681% Assessed CR Tax Rate +0.06802%
Year 2019 Assessed Value $60,350 Land Value $31,570 Improvement Value $28,780 Tax Amount $4,232.18 Change Rate +0.022444% Assessed CR Tax Rate +0.070127%
Year 2018 Assessed Value $56,990 Land Value $30,050 Improvement Value $26,940 Tax Amount $4,139.28 Change Rate +0.028848% Assessed CR Tax Rate +0.072632%
Year 2017 Assessed Value $54,470 Land Value $28,720 Improvement Value $25,750 Tax Amount $4,023.22 Change Rate +0.047684% Assessed CR Tax Rate +0.073861%
Year 2016 Assessed Value $50,290 Land Value $26,520 Improvement Value $23,770 Tax Amount $3,840.11 Change Rate +0.015365% Assessed CR Tax Rate +0.076359%
Year 2015 Assessed Value $46,460 Land Value $24,500 Improvement Value $21,960 Tax Amount $3,782 Change Rate +0.067457% Assessed CR Tax Rate +0.081403%
Year 2014 Assessed Value $43,660 Land Value $20,210 Improvement Value $23,450 Tax Amount $3,543 Change Rate +0.019275% Assessed CR Tax Rate +0.08115%
Year 2013 Assessed Value $44,550 Land Value $20,620 Improvement Value $23,930 Tax Amount $3,476 Change Rate Assessed CR Tax Rate +0.078025%