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402 E Drake Ave; Addison, IL Property Details

402 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 402 E Drake Ave has 3 bedrooms, and 1 bathroom, and a total of 1,075 square feet. The lot size of 402 E Drake Ave is 7,841 square feet.

Off market
402 E Drake Ave Addison, IL 60101
$92,138 Estimated Value
3 Beds
1 Baths
1,075 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $30,000
  • Open Loans / Balance: 2 / $127,156
  • Est. Equity / %: $207,844 / 62.04%
  • Gross Yield: 8.4%
  • APN: 03-28-420-015
  • Situs County: Dupage
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,075/SqFt
  • Lot: 7,841/SqFt
  • Gross: 2,150/SqFt
  • Garage: 440/SqFt
  • Living: 1,075/SqFt
  • Basement: 1,075/SqFt
  • Building: 2,150/SqFt
  • Ground: 1,075/SqFt
  • Garage Unfinished: 440/SqFt
  • Price Per Square Foot: $27.91

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: 41.9227 / -87.97937
  • Subdivision: Fairhaven
  • Property Class: Residential
  • Zoning: R
  • County Use Code: R

Amenities

  • Plus Four: 4025
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

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

Taxes

402 E Drake Ave has 10 associated Taxes items

402 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 $92,138. The APN we've located for 402 E Drake Ave is 03-28-420-015.

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Taxes
  • Assessed Value:  $92,138
  • Assessed Year:  2025
  • Assessed County:  Dupage
  • APN:  03-28-420-015
  • Assessed Land Value:  40518
  • Market Land Value:  121554
  • Tax Amount:  5648.18
  • Tax Year:  2025
  • Market Value:  276414
  • Market Year:  2025

Tax History

402 E Drake Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $92,138 Land Value $40,518 Improvement Value $51,620 Tax Amount $5,648.18 Change Rate +0.035478% Assessed CR Tax Rate +0.061301%
Year 2024 Assessed Value $85,392 Land Value $37,551 Improvement Value $47,841 Tax Amount $5,454.66 Change Rate +0.051039% Assessed CR Tax Rate +0.063878%
Year 2023 Assessed Value $78,500 Land Value $34,520 Improvement Value $43,980 Tax Amount $5,189.78 Change Rate +0.045184% Assessed CR Tax Rate +0.066112%
Year 2022 Assessed Value $73,420 Land Value $32,220 Improvement Value $41,200 Tax Amount $4,965.42 Change Rate +0.045228% Assessed CR Tax Rate +0.06763%
Year 2021 Assessed Value $70,320 Land Value $30,860 Improvement Value $39,460 Tax Amount $4,750.56 Change Rate +0.029396% Assessed CR Tax Rate +0.067556%
Year 2020 Assessed Value $67,360 Land Value $29,560 Improvement Value $37,800 Tax Amount $4,614.9 Change Rate +0.008417% Assessed CR Tax Rate +0.068511%
Year 2019 Assessed Value $64,770 Land Value $28,420 Improvement Value $36,350 Tax Amount $4,576.38 Change Rate +0.01302% Assessed CR Tax Rate +0.070656%
Year 2018 Assessed Value $61,650 Land Value $27,050 Improvement Value $34,600 Tax Amount $4,517.56 Change Rate +0.028453% Assessed CR Tax Rate +0.073278%
Year 2017 Assessed Value $58,920 Land Value $25,850 Improvement Value $33,070 Tax Amount $4,392.58 Change Rate +0.046321% Assessed CR Tax Rate +0.074552%
Year 2016 Assessed Value $54,400 Land Value $23,870 Improvement Value $30,530 Tax Amount $4,198.12 Change Rate +0.014774% Assessed CR Tax Rate +0.077171%
Year 2015 Assessed Value $50,250 Land Value $22,050 Improvement Value $28,200 Tax Amount $4,137 Change Rate +0.034509% Assessed CR Tax Rate +0.082328%
Year 2014 Assessed Value $48,500 Land Value $20,210 Improvement Value $28,290 Tax Amount $3,999 Change Rate +0.019633% Assessed CR Tax Rate +0.082454%
Year 2013 Assessed Value $49,490 Land Value $20,620 Improvement Value $28,870 Tax Amount $3,922 Change Rate Assessed CR Tax Rate +0.079248%