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505 E Palmer Ave; Addison, IL Property Details

505 E Palmer 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 505 E Palmer Ave has 3 bedrooms, and 1 bathroom, and a total of 1,062 square feet. The lot size of 505 E Palmer Ave is 7,405 square feet.

Off market
505 E Palmer Ave Addison, IL 60101
$170,000 Listing Price
3 Beds
1 Baths
1,062 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $170,000
  • Open Loans / Balance: 1 / $100,445
  • Est. Equity / %: $223,555 / 69%
  • Gross Yield: 9.411%
  • APN: 03-27-323-004
  • Situs County: Dupage
  • Length Of Ownership: 10 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick

Measurements

  • Total: 1,062/SqFt
  • Lot: 7,405/SqFt
  • Gross: 2,124/SqFt
  • Garage: 456/SqFt
  • Living: 1,062/SqFt
  • Basement: 1,062/SqFt
  • Building: 2,124/SqFt
  • Ground: 1,062/SqFt
  • Garage Unfinished: 456/SqFt
  • Price Per Square Foot: $160.08

Legal Description

  • Description: FAIRHAVEN UNIT NO 1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: DuPage High School District 88
  • Lat / Lon: 41.921555 / -87.97687
  • Subdivision: Fairhaven
  • Property Class: Residential
  • Zoning: R
  • County Use Code: R

Amenities

  • Plus Four: 4012
  • Cooling: Central
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

505 E Palmer Ave has no associated ownership info
505 E Palmer Ave has no associated ownership info.

Taxes

505 E Palmer Ave has 10 associated Taxes items

505 E Palmer 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 $92,338. The APN we've located for 505 E Palmer Ave is 03-27-323-004.

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Taxes
  • Assessed Value:  $92,338
  • Assessed Year:  2025
  • Assessed County:  Dupage
  • APN:  03-27-323-004
  • Assessed Land Value:  40518
  • Market Land Value:  121554
  • Tax Amount:  5661.6
  • Tax Year:  2025
  • Market Value:  277014
  • Market Year:  2025

Tax History

505 E Palmer Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $92,338 Land Value $40,518 Improvement Value $51,820 Tax Amount $5,661.6 Change Rate +0.035459% Assessed CR Tax Rate +0.061314%
Year 2024 Assessed Value $85,577 Land Value $37,551 Improvement Value $48,026 Tax Amount $5,467.72 Change Rate +0.051016% Assessed CR Tax Rate +0.063892%
Year 2023 Assessed Value $78,670 Land Value $34,520 Improvement Value $44,150 Tax Amount $5,202.32 Change Rate +0.04492% Assessed CR Tax Rate +0.066128%
Year 2022 Assessed Value $73,600 Land Value $32,220 Improvement Value $41,380 Tax Amount $4,978.68 Change Rate +0.045094% Assessed CR Tax Rate +0.067645%
Year 2021 Assessed Value $70,500 Land Value $30,860 Improvement Value $39,640 Tax Amount $4,763.86 Change Rate +0.029427% Assessed CR Tax Rate +0.067572%
Year 2020 Assessed Value $67,530 Land Value $29,560 Improvement Value $37,970 Tax Amount $4,627.68 Change Rate +0.008468% Assessed CR Tax Rate +0.068528%
Year 2019 Assessed Value $64,930 Land Value $28,420 Improvement Value $36,510 Tax Amount $4,588.82 Change Rate +0.012859% Assessed CR Tax Rate +0.070673%
Year 2018 Assessed Value $61,810 Land Value $27,050 Improvement Value $34,760 Tax Amount $4,530.56 Change Rate +0.028495% Assessed CR Tax Rate +0.073298%
Year 2017 Assessed Value $59,070 Land Value $25,850 Improvement Value $33,220 Tax Amount $4,405.04 Change Rate +0.107724% Assessed CR Tax Rate +0.074573%
Year 2016 Assessed Value $54,540 Land Value $23,870 Improvement Value $30,670 Tax Amount $3,976.66 Change Rate +0.080321% Assessed CR Tax Rate +0.072913%
Year 2015 Assessed Value $50,380 Land Value $22,050 Improvement Value $28,330 Tax Amount $3,681 Change Rate +0.041891% Assessed CR Tax Rate +0.073065%
Year 2014 Assessed Value $48,550 Land Value $20,210 Improvement Value $28,340 Tax Amount $3,533 Change Rate +0.016691% Assessed CR Tax Rate +0.07277%
Year 2013 Assessed Value $49,540 Land Value $20,620 Improvement Value $28,920 Tax Amount $3,475 Change Rate Assessed CR Tax Rate +0.070145%