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224 S Michigan Ave; Addison, IL Property Details

224 S Michigan Ave, Addison, IL is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 224 S Michigan Ave has 3 bedrooms, and 1 bathroom, and a total of 1,248 square feet. The lot size of 224 S Michigan Ave is 6,970 square feet.

Off market
224 S Michigan Ave Addison, IL 60101
$226,000 Listing Price
3 Beds
1 Baths
1,248 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1950
  • Purchase Price: $226,000
  • Open Loans / Balance: 2 / $215,245
  • Est. Equity / %: $138,755 / 39.2%
  • Gross Yield: 8.559%
  • APN: 03-28-416-016
  • Situs County: Dupage
  • Length Of Ownership: 6 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Brick
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,248/SqFt
  • Lot: 6,970/SqFt
  • Gross: 2,080/SqFt
  • Garage: 460/SqFt
  • Living: 1,248/SqFt
  • Basement: 832/SqFt
  • Building: 2,080/SqFt
  • Ground: 832/SqFt
  • Garage Unfinished: 460/SqFt
  • Price Per Square Foot: $181.09

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: 41.922688 / -87.985214
  • Subdivision: Home Add To Addison
  • Property Class: Residential
  • Zoning: R
  • County Use Code: R

Amenities

  • Plus Four: 3944
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

224 S Michigan Ave has 10 associated Taxes items

224 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 $88,499. The APN we've located for 224 S Michigan Ave is 03-28-416-016.

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Taxes
  • Assessed Value:  $88,499
  • Assessed Year:  2025
  • Assessed County:  Dupage
  • APN:  03-28-416-016
  • Assessed Land Value:  43968
  • Market Land Value:  131904
  • Tax Amount:  5403.9
  • Tax Year:  2025
  • Market Value:  265497
  • Market Year:  2025

Tax History

224 S Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $88,499 Land Value $43,968 Improvement Value $44,531 Tax Amount $5,403.9 Change Rate +0.035825% Assessed CR Tax Rate +0.061062%
Year 2024 Assessed Value $82,020 Land Value $40,749 Improvement Value $41,271 Tax Amount $5,217 Change Rate +0.05148% Assessed CR Tax Rate +0.063606%
Year 2023 Assessed Value $75,400 Land Value $37,460 Improvement Value $37,940 Tax Amount $4,961.58 Change Rate +0.060411% Assessed CR Tax Rate +0.065803%
Year 2022 Assessed Value $69,530 Land Value $34,520 Improvement Value $35,010 Tax Amount $4,678.92 Change Rate +0.045555% Assessed CR Tax Rate +0.067294%
Year 2021 Assessed Value $66,590 Land Value $33,060 Improvement Value $33,530 Tax Amount $4,475.06 Change Rate +0.029602% Assessed CR Tax Rate +0.067203%
Year 2020 Assessed Value $63,790 Land Value $31,670 Improvement Value $32,120 Tax Amount $4,346.4 Change Rate +0.008797% Assessed CR Tax Rate +0.068136%
Year 2019 Assessed Value $61,330 Land Value $30,450 Improvement Value $30,880 Tax Amount $4,308.5 Change Rate +0.013259% Assessed CR Tax Rate +0.070251%
Year 2018 Assessed Value $58,380 Land Value $28,980 Improvement Value $29,400 Tax Amount $4,252.12 Change Rate +0.028672% Assessed CR Tax Rate +0.072835%
Year 2017 Assessed Value $55,800 Land Value $27,700 Improvement Value $28,100 Tax Amount $4,133.6 Change Rate +0.047505% Assessed CR Tax Rate +0.074079%
Year 2016 Assessed Value $51,510 Land Value $25,570 Improvement Value $25,940 Tax Amount $3,946.14 Change Rate +0.015215% Assessed CR Tax Rate +0.076609%
Year 2015 Assessed Value $47,580 Land Value $23,620 Improvement Value $23,960 Tax Amount $3,887 Change Rate +0.026948% Assessed CR Tax Rate +0.081694%
Year 2014 Assessed Value $46,230 Land Value $21,660 Improvement Value $24,570 Tax Amount $3,785 Change Rate +0.019391% Assessed CR Tax Rate +0.081873%
Year 2013 Assessed Value $47,170 Land Value $22,100 Improvement Value $25,070 Tax Amount $3,713 Change Rate Assessed CR Tax Rate +0.078715%