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340 E Drake Ave; Addison, IL Property Details

340 E Drake Ave, Addison, IL is a Single Family that was built in 1956. This property is currently Financed and is not for sale. Our records show that 340 E Drake Ave has 3 bedrooms, and 1 bathroom, and a total of 1,231 square feet. The lot size of 340 E Drake Ave is 7,405 square feet.

Off market
340 E Drake Ave Addison, IL 60101
$377,000 Listing Price
3 Beds
1 Baths
1,231 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $205,000
  • Open Loans / Balance: 1 / $169,620
  • Est. Equity / %: $165,380 / 49.37%
  • Gross Yield: 8.901%
  • APN: 03-28-420-012
  • Situs County: Dupage
  • Length Of Ownership: 10 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

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

Measurements

  • Total: 1,231/SqFt
  • Lot: 7,405/SqFt
  • Gross: 2,306/SqFt
  • Living: 1,231/SqFt
  • Basement: 1,075/SqFt
  • Building: 2,306/SqFt
  • Ground: 1,231/SqFt
  • Price Per Square Foot: $166.53

Legal Description

  • Description: FAIRHAVEN UNIT NO 2
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 / -87.98009
  • Subdivision: Fairhaven
  • Property Class: Residential
  • Zoning: R
  • County Use Code: R

Amenities

  • Plus Four: 4023
  • Cooling: Central
  • Garage: Garage

Ownership Info

340 E Drake Ave has no associated ownership info
340 E Drake Ave has no associated ownership info.

Taxes

340 E Drake Ave has 10 associated Taxes items

340 E Drake 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 $89,545. The APN we've located for 340 E Drake Ave is 03-28-420-012.

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Taxes
  • Assessed Value:  $89,545
  • Assessed Year:  2025
  • Assessed County:  Dupage
  • APN:  03-28-420-012
  • Assessed Land Value:  40518
  • Market Land Value:  121554
  • Tax Amount:  5474.12
  • Tax Year:  2025
  • Market Value:  268635
  • Market Year:  2025

Tax History

340 E Drake Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $89,545 Land Value $40,518 Improvement Value $49,027 Tax Amount $5,474.12 Change Rate +0.035737% Assessed CR Tax Rate +0.061133%
Year 2024 Assessed Value $82,988 Land Value $37,551 Improvement Value $45,437 Tax Amount $5,285.24 Change Rate +0.05135% Assessed CR Tax Rate +0.063687%
Year 2023 Assessed Value $76,290 Land Value $34,520 Improvement Value $41,770 Tax Amount $5,027.1 Change Rate +0.047535% Assessed CR Tax Rate +0.065895%
Year 2022 Assessed Value $71,160 Land Value $32,220 Improvement Value $38,940 Tax Amount $4,798.98 Change Rate +0.045297% Assessed CR Tax Rate +0.067439%
Year 2021 Assessed Value $68,160 Land Value $30,860 Improvement Value $37,300 Tax Amount $4,591.02 Change Rate +0.029561% Assessed CR Tax Rate +0.067357%
Year 2020 Assessed Value $65,290 Land Value $29,560 Improvement Value $35,730 Tax Amount $4,459.2 Change Rate +0.008545% Assessed CR Tax Rate +0.068298%
Year 2019 Assessed Value $62,780 Land Value $28,420 Improvement Value $34,360 Tax Amount $4,421.42 Change Rate +0.013125% Assessed CR Tax Rate +0.070427%
Year 2018 Assessed Value $59,760 Land Value $27,050 Improvement Value $32,710 Tax Amount $4,364.14 Change Rate +0.028711% Assessed CR Tax Rate +0.073028%
Year 2017 Assessed Value $57,110 Land Value $25,850 Improvement Value $31,260 Tax Amount $4,242.34 Change Rate +0.046806% Assessed CR Tax Rate +0.074284%
Year 2016 Assessed Value $52,730 Land Value $23,870 Improvement Value $28,860 Tax Amount $4,052.65 Change Rate +0.014939% Assessed CR Tax Rate +0.076857%
Year 2015 Assessed Value $48,710 Land Value $22,050 Improvement Value $26,660 Tax Amount $3,993 Change Rate +0.011654% Assessed CR Tax Rate +0.081975%
Year 2014 Assessed Value $47,950 Land Value $20,210 Improvement Value $27,740 Tax Amount $3,947 Change Rate +0.019633% Assessed CR Tax Rate +0.082315%
Year 2013 Assessed Value $48,930 Land Value $20,620 Improvement Value $28,310 Tax Amount $3,871 Change Rate Assessed CR Tax Rate +0.079113%