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40 N Palazzo Dr; Addison, IL Property Details

40 N Palazzo Dr, Addison, IL is a Structures On Leased Land that was built in 1997. This property is currently a cash purchase and is not for sale. Our records show that 40 N Palazzo Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,471 square feet. The lot size of 40 N Palazzo Dr is 415,127 square feet.

Off market
40 N Palazzo Dr Addison, IL 60101
$227,500 Listing Price
3 Beds
2 Baths
1,471 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1997
  • Purchase Price: $227,500
  • Open Loans / Balance: 1 / $161,605
  • APN: 03-29-216-049
  • Situs County: Dupage
  • Length Of Ownership: 7 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Structure

  • Building Style: Brick
  • Stories: 2
  • Exterior Wall Type: Brick

Measurements

  • Total: 1,471/SqFt
  • Lot: 415,127/SqFt
  • Gross: 1,471/SqFt
  • Living: 1,471/SqFt
  • Building: 1,471/SqFt
  • Price Per Square Foot: $154.66

Legal Description

  • Description: THE ARAGON CONDO UNIT 7-40-3 .9493 PERCENT COM INT
Building Insights

Land Information

  • Property Type: Structures on leased land
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: DuPage High School District 88
  • Lat / Lon: 41.92759 / -88.00551
  • Subdivision: The Aragon Condo
  • Property Class: Commercial
  • Zoning: R
  • County Use Code: L

Amenities

  • Plus Four: 3264

HOA

  • H O A One: $283
  • H O A Amount: $283
  • H O A One Frequency: Monthly
  • H O A One Name: The Aragon Condo
  • H O A One Type: Condo  Owner Association

Ownership Info

40 N Palazzo Dr has no associated ownership info
40 N Palazzo Dr has no associated ownership info.

Taxes

40 N Palazzo Dr has 10 associated Taxes items

40 N Palazzo Dr, 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 $90,131. The APN we've located for 40 N Palazzo Dr is 03-29-216-049.

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Taxes
  • Assessed Value:  $90,131
  • Assessed Year:  2025
  • Assessed County:  Dupage
  • APN:  03-29-216-049
  • Assessed Land Value:  8568
  • Market Land Value:  25704
  • Tax Amount:  4976.44
  • Tax Year:  2025
  • Market Value:  270393
  • Market Year:  2025

Tax History

40 N Palazzo Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $90,131 Land Value $8,568 Improvement Value $81,563 Tax Amount $4,976.44 Change Rate -0.154736% Assessed CR Tax Rate +0.055213%
Year 2024 Assessed Value $83,532 Land Value $7,941 Improvement Value $75,591 Tax Amount $5,887.44 Change Rate +0.041505% Assessed CR Tax Rate +0.070481%
Year 2023 Assessed Value $76,790 Land Value $7,300 Improvement Value $69,490 Tax Amount $5,652.82 Change Rate +0.120813% Assessed CR Tax Rate +0.073614%
Year 2022 Assessed Value $68,480 Land Value $6,500 Improvement Value $61,980 Tax Amount $5,043.5 Change Rate +0.040949% Assessed CR Tax Rate +0.073649%
Year 2021 Assessed Value $65,600 Land Value $6,230 Improvement Value $59,370 Tax Amount $4,845.1 Change Rate +0.025158% Assessed CR Tax Rate +0.073858%
Year 2020 Assessed Value $62,840 Land Value $5,970 Improvement Value $56,870 Tax Amount $4,726.2 Change Rate +0.032819% Assessed CR Tax Rate +0.07521%
Year 2018 Assessed Value $56,370 Land Value $5,740 Improvement Value $50,630 Tax Amount $4,576.02 Change Rate +0.023201% Assessed CR Tax Rate +0.081178%
Year 2017 Assessed Value $53,880 Land Value $5,490 Improvement Value $48,390 Tax Amount $4,472.26 Change Rate +0.03119% Assessed CR Tax Rate +0.083004%
Year 2016 Assessed Value $49,750 Land Value $5,070 Improvement Value $44,680 Tax Amount $4,336.99 Change Rate +0.009776% Assessed CR Tax Rate +0.087176%
Year 2015 Assessed Value $45,950 Land Value $4,680 Improvement Value $41,270 Tax Amount $4,295 Change Rate -0.006477% Assessed CR Tax Rate +0.093471%
Year 2014 Assessed Value $45,950 Land Value $4,680 Improvement Value $41,270 Tax Amount $4,323 Change Rate +0.172816% Assessed CR Tax Rate +0.094081%
Year 2013 Assessed Value $46,880 Land Value $4,770 Improvement Value $42,110 Tax Amount $3,686 Change Rate Assessed CR Tax Rate +0.078626%