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42 N Palazzo Dr; Addison, IL Property Details

42 N Palazzo Dr, Addison, IL is a Condominium that was built in 1997. This property is currently Financed,New Construction and is not for sale. Our records show that 42 N Palazzo Dr has 2 bedrooms, and a total of 1,231 square feet. The lot size of 42 N Palazzo Dr is 415,127 square feet.

Off market
42 N Palazzo Dr Addison, IL 60101
$81,316 Estimated Value
2 Beds
1,231 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1997
  • Purchase Price: $144,000
  • Est. Equity / %: $325,000 / 100%
  • Gross Yield: 10.833%
  • APN: 03-29-216-050
  • Situs County: Dupage
  • Length Of Ownership: 29 years, 1 months

Rooms

  • Bedrooms: 2
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 2
  • Exterior Wall Type: Brick
  • Water Source: Municipal

Measurements

  • Total: 1,231/SqFt
  • Lot: 415,127/SqFt
  • Gross: 1,231/SqFt
  • Living: 1,231/SqFt
  • Building: 1,231/SqFt
  • Price Per Square Foot: $116.98

Legal Description

  • Description: THE ARAGON CONDO UNIT 7-42-1 .7945 PERCENT COM INT
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: DuPage High School District 88
  • Lat / Lon: 41.92759 / -88.00558
  • Subdivision: The Aragon Condo
  • Property Class: Residential
  • Zoning: R
  • County Use Code: R

Amenities

  • Plus Four: 3264
  • Cooling: Central
  • Garage: Garage
  • Heating: Yes

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
  • H O A Two Name: Acm
  • H O A Two Type: Condo Owner Association

Ownership Info

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

Taxes

42 N Palazzo Dr has 10 associated Taxes items

42 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 $81,316. The APN we've located for 42 N Palazzo Dr is 03-29-216-050.

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Taxes
  • Assessed Value:  $81,316
  • Assessed Year:  2025
  • Assessed County:  Dupage
  • APN:  03-29-216-050
  • Assessed Land Value:  7160
  • Market Land Value:  21480
  • Tax Amount:  4384.66
  • Tax Year:  2025
  • Market Value:  243948
  • Market Year:  2025

Tax History

42 N Palazzo Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $81,316 Land Value $7,160 Improvement Value $74,156 Tax Amount $4,384.66 Change Rate +0.047969% Assessed CR Tax Rate +0.053921%
Year 2024 Assessed Value $75,363 Land Value $6,636 Improvement Value $68,727 Tax Amount $4,183.96 Change Rate +0.066754% Assessed CR Tax Rate +0.055517%
Year 2023 Assessed Value $69,280 Land Value $6,100 Improvement Value $63,180 Tax Amount $3,922.14 Change Rate +0.048314% Assessed CR Tax Rate +0.056613%
Year 2022 Assessed Value $61,800 Land Value $5,440 Improvement Value $56,360 Tax Amount $3,741.38 Change Rate +0.05118% Assessed CR Tax Rate +0.06054%
Year 2021 Assessed Value $59,190 Land Value $5,210 Improvement Value $53,980 Tax Amount $3,559.22 Change Rate +0.035753% Assessed CR Tax Rate +0.060132%
Year 2020 Assessed Value $56,690 Land Value $4,990 Improvement Value $51,700 Tax Amount $3,436.36 Change Rate +0.01425% Assessed CR Tax Rate +0.060617%
Year 2019 Assessed Value $54,510 Land Value $4,800 Improvement Value $49,710 Tax Amount $3,388.08 Change Rate +0.047864% Assessed CR Tax Rate +0.062155%
Year 2018 Assessed Value $50,830 Land Value $4,800 Improvement Value $46,030 Tax Amount $3,233.32 Change Rate +0.036553% Assessed CR Tax Rate +0.06361%
Year 2017 Assessed Value $48,580 Land Value $4,590 Improvement Value $43,990 Tax Amount $3,119.3 Change Rate +0.071229% Assessed CR Tax Rate +0.06421%
Year 2016 Assessed Value $44,850 Land Value $4,240 Improvement Value $40,610 Tax Amount $2,911.89 Change Rate +0.023511% Assessed CR Tax Rate +0.064925%
Year 2015 Assessed Value $41,430 Land Value $3,920 Improvement Value $37,510 Tax Amount $2,845 Change Rate -0.006287% Assessed CR Tax Rate +0.06867%
Year 2014 Assessed Value $41,430 Land Value $3,920 Improvement Value $37,510 Tax Amount $2,863 Change Rate +0.015248% Assessed CR Tax Rate +0.069105%
Year 2013 Assessed Value $42,270 Land Value $4,000 Improvement Value $38,270 Tax Amount $2,820 Change Rate Assessed CR Tax Rate +0.066714%