$87,006
●
Condo -
Off Market
265 N MILL Road #8A
Addison, IL 60101
1 Bed
1 Bath
1,000 Ft²
$97,821
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
SPACIOUS 1 BEDROOM, 1 BATH CONDO IN GOOD CONDITION. NEW LAMINATE
FLOORING AND FRESHLY PAINTED IN LIVING ROOM,BEDROOM AND HALLWAY.
LARGE EAT-IN KITCHEN. BALCONY OFF LIVING ROOM. LAUNDRY ROOM AND
STORAGE IN BUILDNG. SCHOOLS, TRANSPORTATION JUST A FEW SHORT
MINUTES FROM I355 & I290. SECOND FLOOR SECURE BUILDING.COIN LAUNDRY
PLUS EXTRA STORAGE LOCKER. PLENTY OF PARKING. ASSOCIATION FEES
INCLUDE WATER & SEWER, COMMON AREA MAINTENANCE, WATER, HEATING &
COOKING GAS MASTER INSURANCE, GARAGE PICKUP, SNOW REMOVAL, LAWN
CARE. RENTALS ARE ALLOWED! THERE IS A SPECIAL ASSESSMENT FOR 71.50
PER MONTH WHICH I UNCLUDED IN THE ASOCATION FEE FOR THE PARKING LOT
AND MISC. CEMENT WORK. IT IS FOR A 84 MONTH PERIOD.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$93
Property Type
Condo
Property Taxes
$128
HOA Dues
$344
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (MRED MLS #11293475)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 3, 2022 | Sold | ||
| Sold | |||
| Dec 24, 2021 | No longer available | - | |
| No longer available | |||
| Dec 23, 2021 | Listed by RE/MAX Destiny | $92,900 | |
| Listed by RE/MAX Destiny | |||
| Dec 4, 2021 | In contract | - | |
| In contract | |||
| Nov 11, 2021 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Parking Available
Parking Details
Total Number of Parking: 1
Parking Features: Assigned
Interior Details
Bedrooms: 1
Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Refrigerator
Rooms: 3
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 0329214008
Property Type: Residential
Year Built: 1974
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2020
Tax Annual Amount: $1,533
Tax Exemptions: None
Utilities Details
Cooling: Window/Wall Unit - 1
Heating: Natural Gas, Steam, Baseboard
Sewer : Sewer-Storm
Location Details
Township: Addison
Corporate Limits: Addison
Directions: LAKE STREET TO MILL ROAD, BETWEEN ARMY TRAIL AND LAKE STREET. PARK IN BACK OF BUILDING
County or Parish: Du Page
Elementary School District: 4
Middle Or Junior School District: 4
High School District: 88
Other Details
Association Fee Includes: Heat, Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $344
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): Yes
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/03/2021
|
1 Bed
|
1 Bath
|
900 ft²
|
$84,900
1 Bed
1 Bath
900 ft²
|
$87,500
+3.06%
02/07/2022
|
Rose DiMaio
RE/MAX Destiny
| |
|
11/03/2021
|
1 Bed
|
1 Bath
|
-
|
$99,999
1 Bed
1 Bath
|
-
-
|
Isabella Pitrello
Coldwell Banker Residential Brokerage
| |
|
01/11/2021
|
1 Bed
|
1 Bath
|
-
|
$115,000
1 Bed
1 Bath
|
-
-
|
Isabella Pitrello
Coldwell Banker Residential Brokerage
| |
|
04/01/2017
|
1 Bed
|
1 Bath
|
756 ft²
|
$83,000
1 Bed
1 Bath
756 ft²
|
$80,000
-3.61%
05/11/2017
|
Anna Budasz
EHomes Realty, Ltd
|
Building Info
About Addison
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Listed by: Rose DiMaio, RE/MAX Destiny
Last Updated: 3 years ago
Data Source: MRED, MLS# 11293475
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11293475
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