1099 West Lake Street

1099 West Lake Street in Addison, IL was first built in 1988 and is 36 years old. This has been categorized as a unknown property type. In total, the area measurement of the land is 22,216 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with unknown control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1099 West Lake Street sold most recently in May 15, 2017 for a total of $619,000. If you work out the math, that's approximately a cost of $116.18 per sqft. Before that, the property was also sold for $600,000 in Dec 13, 2000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $23,429 in taxes each year. 1099 West Lake Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $318,120. If we break it down further, the land itself was valued at $124,760. Improvements to the property, however, were assessed at a total of $193,360. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!