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240 S Michigan Ave; Addison, IL Property Details

240 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 240 S Michigan Ave has 4 bedrooms, and 1.5 bathrooms, and a total of 1,428 square feet. The lot size of 240 S Michigan Ave is 6,970 square feet.

Off market
240 S Michigan Ave Addison, IL 60101
$141,134 Listing Price
4 Beds
1.5 Baths
1,428 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $255,000
  • Open Loans / Balance: 1 / $215,785
  • Est. Equity / %: $164,215 / 43.21%
  • Gross Yield: 8.58%
  • APN: 03-28-416-020
  • Situs County: Dupage
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Brick

Measurements

  • Total: 1,428/SqFt
  • Lot: 6,970/SqFt
  • Gross: 2,244/SqFt
  • Garage: 528/SqFt
  • Living: 1,428/SqFt
  • Basement: 816/SqFt
  • Building: 2,244/SqFt
  • Ground: 816/SqFt
  • Garage Unfinished: 528/SqFt
  • Price Per Square Foot: $178.57

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: 41.922142 / -87.98514
  • Subdivision: Home Add To Addison
  • Property Class: Residential
  • Zoning: R
  • County Use Code: R

Amenities

  • Plus Four: 3944
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

240 S Michigan Ave has 10 associated Taxes items

240 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 $92,361. The APN we've located for 240 S Michigan Ave is 03-28-416-020.

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Taxes
  • Assessed Value:  $92,361
  • Assessed Year:  2025
  • Assessed County:  Dupage
  • APN:  03-28-416-020
  • Assessed Land Value:  43968
  • Market Land Value:  131904
  • Tax Amount:  5126.12
  • Tax Year:  2025
  • Market Value:  277083
  • Market Year:  2025

Tax History

240 S Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $92,361 Land Value $43,968 Improvement Value $48,393 Tax Amount $5,126.12 Change Rate -0.06274% Assessed CR Tax Rate +0.055501%
Year 2024 Assessed Value $85,599 Land Value $40,749 Improvement Value $44,850 Tax Amount $5,469.26 Change Rate +0.051017% Assessed CR Tax Rate +0.063894%
Year 2023 Assessed Value $78,690 Land Value $37,460 Improvement Value $41,230 Tax Amount $5,203.78 Change Rate +0.06266% Assessed CR Tax Rate +0.06613%
Year 2022 Assessed Value $72,490 Land Value $34,520 Improvement Value $37,970 Tax Amount $4,896.94 Change Rate +0.045278% Assessed CR Tax Rate +0.067553%
Year 2021 Assessed Value $69,430 Land Value $33,060 Improvement Value $36,370 Tax Amount $4,684.82 Change Rate +0.029414% Assessed CR Tax Rate +0.067475%
Year 2020 Assessed Value $66,510 Land Value $31,670 Improvement Value $34,840 Tax Amount $4,550.96 Change Rate +0.008519% Assessed CR Tax Rate +0.068425%
Year 2019 Assessed Value $63,950 Land Value $30,450 Improvement Value $33,500 Tax Amount $4,512.52 Change Rate +0.013266% Assessed CR Tax Rate +0.070563%
Year 2018 Assessed Value $60,860 Land Value $28,980 Improvement Value $31,880 Tax Amount $4,453.44 Change Rate +0.028432% Assessed CR Tax Rate +0.073175%
Year 2017 Assessed Value $58,170 Land Value $27,700 Improvement Value $30,470 Tax Amount $4,330.32 Change Rate +0.046626% Assessed CR Tax Rate +0.074442%
Year 2016 Assessed Value $53,700 Land Value $25,570 Improvement Value $28,130 Tax Amount $4,137.41 Change Rate +0.014817% Assessed CR Tax Rate +0.077047%
Year 2015 Assessed Value $49,610 Land Value $23,620 Improvement Value $25,990 Tax Amount $4,077 Change Rate +0.010659% Assessed CR Tax Rate +0.082181%
Year 2014 Assessed Value $48,880 Land Value $21,660 Improvement Value $27,220 Tax Amount $4,034 Change Rate +0.019459% Assessed CR Tax Rate +0.082529%
Year 2013 Assessed Value $49,880 Land Value $22,100 Improvement Value $27,780 Tax Amount $3,957 Change Rate Assessed CR Tax Rate +0.07933%