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408 E Drake Ave; Addison, IL Property Details

408 E Drake Ave, Addison, IL is a Structures On Leased Land that was built in 1956. This property is currently Financed and is not for sale. Our records show that 408 E Drake Ave has 3 bedrooms, and 1 bathroom, and a total of 2,150 square feet. The lot size of 408 E Drake Ave is 7,841 square feet.

Off market
408 E Drake Ave Addison, IL 60101
$270,000 Listing Price
3 Beds
1 Baths
2,150 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $270,000
  • Open Loans / Balance: 1 / $236,006
  • APN: 03-28-420-016
  • Situs County: Dupage
  • Length Of Ownership: 4 years, 7 months

Rooms

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

Structure

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

Measurements

  • Total: 2,150/SqFt
  • Lot: 7,841/SqFt
  • Gross: 2,150/SqFt
  • Garage: 528/SqFt
  • Living: 1,075/SqFt
  • Basement: 1,075/SqFt
  • Building: 2,150/SqFt
  • Ground: 1,075/SqFt
  • Price Per Square Foot: $125.58

Legal Description

  • Description: FAIRHAVEN UNIT NO 2
Building Insights

Land Information

  • Property Type: Structures on leased land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: DuPage High School District 88
  • Lat / Lon: 41.922703 / -87.97916
  • Subdivision: Fairhaven
  • Property Class: Commercial
  • Zoning: R
  • County Use Code: L

Amenities

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

Ownership Info

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

Taxes

408 E Drake Ave has 10 associated Taxes items

408 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 $89,099. The APN we've located for 408 E Drake Ave is 03-28-420-016.

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Taxes
  • Assessed Value:  $89,099
  • Assessed Year:  2025
  • Assessed County:  Dupage
  • APN:  03-28-420-016
  • Assessed Land Value:  38487
  • Market Land Value:  115461
  • Tax Amount:  5981.22
  • Tax Year:  2025
  • Market Value:  267297
  • Market Year:  2025

Tax History

408 E Drake Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $89,099 Land Value $38,487 Improvement Value $50,612 Tax Amount $5,981.22 Change Rate +0.027708% Assessed CR Tax Rate +0.06713%
Year 2024 Assessed Value $82,575 Land Value $35,669 Improvement Value $46,906 Tax Amount $5,819.96 Change Rate +0.041503% Assessed CR Tax Rate +0.070481%
Year 2023 Assessed Value $75,910 Land Value $32,790 Improvement Value $43,120 Tax Amount $5,588.04 Change Rate +0.068794% Assessed CR Tax Rate +0.073614%
Year 2022 Assessed Value $70,990 Land Value $30,600 Improvement Value $40,390 Tax Amount $5,228.36 Change Rate +0.041017% Assessed CR Tax Rate +0.073649%
Year 2021 Assessed Value $68,000 Land Value $29,310 Improvement Value $38,690 Tax Amount $5,022.36 Change Rate +0.025298% Assessed CR Tax Rate +0.073858%
Year 2020 Assessed Value $65,130 Land Value $28,070 Improvement Value $37,060 Tax Amount $4,898.44 Change Rate +0.012447% Assessed CR Tax Rate +0.07521%
Year 2018 Assessed Value $59,600 Land Value $25,690 Improvement Value $33,910 Tax Amount $4,838.22 Change Rate +0.023329% Assessed CR Tax Rate +0.081178%
Year 2017 Assessed Value $56,960 Land Value $24,550 Improvement Value $32,410 Tax Amount $4,727.92 Change Rate +0.031198% Assessed CR Tax Rate +0.083004%
Year 2016 Assessed Value $52,590 Land Value $22,670 Improvement Value $29,920 Tax Amount $4,584.88 Change Rate +0.009663% Assessed CR Tax Rate +0.087182%
Year 2015 Assessed Value $48,580 Land Value $20,940 Improvement Value $27,640 Tax Amount $4,541 Change Rate +0.026215% Assessed CR Tax Rate +0.093475%
Year 2014 Assessed Value $47,030 Land Value $19,200 Improvement Value $27,830 Tax Amount $4,425 Change Rate +0.022412% Assessed CR Tax Rate +0.094089%
Year 2013 Assessed Value $47,990 Land Value $19,590 Improvement Value $28,400 Tax Amount $4,328 Change Rate Assessed CR Tax Rate +0.090185%