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550 W Memory Ln; Addison, IL Property Details

550 W Memory Ln, Addison, IL is a Single Family that was built in 1959. This property is currently Financed and is not for sale. Our records show that 550 W Memory Ln has 4.5 bathrooms, and a total of 2,506 square feet. The lot size of 550 W Memory Ln is 10,019 square feet.

Off market
550 W Memory Ln Addison, IL 60101
$148,952 Estimated Value
4.5 Baths
2,506 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1959
  • Purchase Price: $178,000
  • Est. Equity / %: $421,000 / 100%
  • Gross Yield: 11.014%
  • APN: 03-29-204-008
  • Situs County: Dupage
  • Length Of Ownership: 27 years, 1 months

Rooms

  • Bathrooms: 4.5
  • Full Bathrooms: 4
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,506/SqFt
  • Lot: 10,019/SqFt
  • Gross: 4,190/SqFt
  • Garage: 658/SqFt
  • Living: 2,506/SqFt
  • Basement: 1,026/SqFt
  • Building: 4,190/SqFt
  • Ground: 1,876/SqFt
  • Garage Unfinished: 658/SqFt
  • Price Per Square Foot: $71.03

Legal Description

  • Description: A P ROSS PIONEER PARK UNIT NO 5
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: 41.930355 / -88.00312
  • Subdivision: A P Ross Pioneer Park
  • Property Class: Residential
  • Zoning: R
  • County Use Code: R

Amenities

  • Plus Four: 3408
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

550 W Memory Ln has no associated ownership info
550 W Memory Ln has no associated ownership info.

Taxes

550 W Memory Ln has 10 associated Taxes items

550 W Memory Ln, 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 $148,952. The APN we've located for 550 W Memory Ln is 03-29-204-008.

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Taxes
  • Assessed Value:  $148,952
  • Assessed Year:  2025
  • Assessed County:  Dupage
  • APN:  03-29-204-008
  • Assessed Land Value:  37703
  • Market Land Value:  122046
  • Tax Amount:  9934.46
  • Tax Year:  2024
  • Market Value:  482160
  • Market Year:  2025

Tax History

550 W Memory Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $160,720 Land Value $40,682 Improvement Value $120,038 Tax Amount $10,252.1 Change Rate +0.031974% Assessed CR Tax Rate +0.063789%
Year 2024 Assessed Value $148,952 Land Value $37,703 Improvement Value $111,249 Tax Amount $9,934.46 Change Rate +0.046718% Assessed CR Tax Rate +0.066696%
Year 2023 Assessed Value $136,930 Land Value $34,660 Improvement Value $102,270 Tax Amount $9,491.06 Change Rate +0.051045% Assessed CR Tax Rate +0.069313%
Year 2022 Assessed Value $128,610 Land Value $32,540 Improvement Value $96,070 Tax Amount $9,030.12 Change Rate +0.043291% Assessed CR Tax Rate +0.070213%
Year 2021 Assessed Value $123,190 Land Value $31,170 Improvement Value $92,020 Tax Amount $8,655.42 Change Rate +0.02753% Assessed CR Tax Rate +0.070261%
Year 2020 Assessed Value $118,000 Land Value $29,860 Improvement Value $88,140 Tax Amount $8,423.52 Change Rate +0.006656% Assessed CR Tax Rate +0.071386%
Year 2019 Assessed Value $113,460 Land Value $28,710 Improvement Value $84,750 Tax Amount $8,367.82 Change Rate +0.010587% Assessed CR Tax Rate +0.073751%
Year 2018 Assessed Value $108,000 Land Value $27,320 Improvement Value $80,680 Tax Amount $8,280.16 Change Rate +0.026085% Assessed CR Tax Rate +0.076668%
Year 2017 Assessed Value $103,220 Land Value $26,110 Improvement Value $77,110 Tax Amount $8,069.66 Change Rate +0.039397% Assessed CR Tax Rate +0.078179%
Year 2016 Assessed Value $95,300 Land Value $24,110 Improvement Value $71,190 Tax Amount $7,763.79 Change Rate +0.012492% Assessed CR Tax Rate +0.081467%
Year 2015 Assessed Value $88,030 Land Value $22,270 Improvement Value $65,760 Tax Amount $7,668 Change Rate -0.055781% Assessed CR Tax Rate +0.087107%
Year 2014 Assessed Value $92,310 Land Value $20,420 Improvement Value $71,890 Tax Amount $8,121 Change Rate +0.020996% Assessed CR Tax Rate +0.087975%
Year 2013 Assessed Value $94,200 Land Value $20,840 Improvement Value $73,360 Tax Amount $7,954 Change Rate Assessed CR Tax Rate +0.084437%