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245 S Michigan Ave; Addison, IL Property Details

245 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 245 S Michigan Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,571 square feet. The lot size of 245 S Michigan Ave is 7,405 square feet.

Off market
245 S Michigan Ave Addison, IL 60101
$114,873 Estimated Value
3 Beds
1.5 Baths
1,571 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1954
  • Purchase Price: $245,000
  • Est. Equity / %: $369,000 / 100%
  • Gross Yield: 10.244%
  • APN: 03-28-417-011
  • Situs County: Dupage
  • Length Of Ownership: 20 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Water Source: Municipal

Measurements

  • Total: 1,571/SqFt
  • Lot: 7,405/SqFt
  • Gross: 2,806/SqFt
  • Garage: 379/SqFt
  • Living: 1,571/SqFt
  • Basement: 1,235/SqFt
  • Building: 2,806/SqFt
  • Ground: 1,571/SqFt
  • Garage Unfinished: 379/SqFt
  • Price Per Square Foot: $155.95

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: 41.922016 / -87.98444
  • Subdivision: Home Add To Addison
  • Property Class: Residential
  • Zoning: R
  • County Use Code: R

Amenities

  • Plus Four: 3943
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

245 S Michigan Ave has 10 associated Taxes items

245 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 $114,873. The APN we've located for 245 S Michigan Ave is 03-28-417-011.

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Taxes
  • Assessed Value:  $114,873
  • Assessed Year:  2025
  • Assessed County:  Dupage
  • APN:  03-28-417-011
  • Assessed Land Value:  43968
  • Market Land Value:  131904
  • Tax Amount:  5495.94
  • Tax Year:  2025
  • Market Value:  344619
  • Market Year:  2025

Tax History

245 S Michigan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $114,873 Land Value $43,968 Improvement Value $70,905 Tax Amount $5,495.94 Change Rate -0.047547% Assessed CR Tax Rate +0.047844%
Year 2024 Assessed Value $106,463 Land Value $40,749 Improvement Value $65,714 Tax Amount $5,770.3 Change Rate -0.04256% Assessed CR Tax Rate +0.0542%
Year 2023 Assessed Value $97,870 Land Value $37,460 Improvement Value $60,410 Tax Amount $6,026.8 Change Rate +0.031788% Assessed CR Tax Rate +0.06158%
Year 2022 Assessed Value $90,310 Land Value $34,520 Improvement Value $55,790 Tax Amount $5,841.12 Change Rate +0.047494% Assessed CR Tax Rate +0.064679%
Year 2021 Assessed Value $86,500 Land Value $33,060 Improvement Value $53,440 Tax Amount $5,576.28 Change Rate +0.031766% Assessed CR Tax Rate +0.064466%
Year 2020 Assessed Value $82,860 Land Value $31,670 Improvement Value $51,190 Tax Amount $5,404.6 Change Rate -0.057877% Assessed CR Tax Rate +0.065226%
Year 2019 Assessed Value $79,670 Land Value $30,450 Improvement Value $49,220 Tax Amount $5,736.62 Change Rate +0.011989% Assessed CR Tax Rate +0.072005%
Year 2018 Assessed Value $75,830 Land Value $28,980 Improvement Value $46,850 Tax Amount $5,668.66 Change Rate +0.027281% Assessed CR Tax Rate +0.074755%
Year 2017 Assessed Value $72,480 Land Value $27,700 Improvement Value $44,780 Tax Amount $5,518.12 Change Rate +0.043332% Assessed CR Tax Rate +0.076133%
Year 2016 Assessed Value $66,910 Land Value $25,570 Improvement Value $41,340 Tax Amount $5,288.94 Change Rate +0.01379% Assessed CR Tax Rate +0.079046%
Year 2015 Assessed Value $61,810 Land Value $23,620 Improvement Value $38,190 Tax Amount $5,217 Change Rate +0.017157% Assessed CR Tax Rate +0.084404%
Year 2014 Assessed Value $60,510 Land Value $21,660 Improvement Value $38,850 Tax Amount $5,129 Change Rate +0.02029% Assessed CR Tax Rate +0.084763%
Year 2013 Assessed Value $61,740 Land Value $22,100 Improvement Value $39,640 Tax Amount $5,027 Change Rate Assessed CR Tax Rate +0.081422%