When was property at 525 South Addison Road built and last sold?

The property at 525 South Addison Road was built in and last sold on Mar 8, 2018 for $225,000.

How much is this home worth?

The estimated value of the home located at 525 South Addison Road is $473,690.

What are some comparable homes to 525 South Addison Road?

There are currently no comparable homes to 525 South Addison Road.

Addison

60101

525 S Addison Road

Map

$469,000

● Land - For Sale

525 S Addison Road

Addison, IL 60101

Studio

0 Bath

$2,898

Est. Monthly

About This Property

Commercial corner and former 7/11 store is available for redevelopment. This high profile corner has two existing curb cuts on Addison and additional curb cut on Lorraine. Adjoins Starburst Bowl. Well located between North Avenue and Lake Avenue with per day traffic count. Approx. 190 feet frontage on Addison by 150 feet on Lorraine. Many end user possibilities: convenience store with fuel, free standing restaurant with drive through, multi unit strip center, franchise coffee shop with drive through, tunnel car wash, professional office building, flex office/warehouse, etc...Contact city of Addison with your ideas and discuss possible new business incentives. Seller may consider joint venture but prefers to sell to pursue other opportunities.

Unit Size

Days on Market

Land Size

0.65 acres

Price per sqft

Property Type

Land

Property Taxes

$595

HOA Dues

Year Built

Listed By

Robert Crown, GRI

[email protected]

Connection Realty

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Property Highlights

Parking Details

Parking Features: Asphalt, Concrete

Exterior Details

Lot Size Area: 28314

Lot Size Units: Square Feet

Lot Size Acres: 0.65

Lot Size Square Feet: 28314

Lot Size Dimensions: 189 X 150 X 190 X 150

Water Source: Municipal Water

Financial Details

Tax Annual Amount: $7,140

Building Info

Overview

General

Building Count: 1

Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 28,314

Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: C
Subdivision: PIONEER SQUARE
Land Acres: 0000000650
Standard Land Use Code: 2000
County Land Use Code: C
Legal Description 1: PIONEER SQUARE

Neighborhood

School District Name: Addison School District 4

School Tax School District: ADDISON
Census Tract: 846702

Zoning

Zoning: C

Geography

Parcel: 03-33-205-001

Lot: 68
Municipality: ADDISON
Latitude: 41.9166
Longitude: -87.9881

Address

Full Address: 525 S Addison Rd

Address - House Number: 525
Street Direction: S
Address - Street Name: Addison
Address - Suffix Type: Rd
State: IL
City Name: Addison
Carrier Code: C008
4-Digit Zip Code: 4649
Zip Code: 60101

Valuation

Tax

Tax Year: 2022

Tax Amount: $626,018
Initial Tax Delinquent Year: 2022
Tax Rate Code Area: 3033

Market Valuation

Market Total Value: $255,000

Market Land Value: $255,000

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $85,000
Assessed Land Value: $85,000

Sales

Current Sale Contract Date: Mar 08, 2018

Current Sale Recording Date: Mar 16, 2018
Current Sale Price:

Premium
Current Sale Document Type: 68
Current Sale Input Document Number: R2018-023360

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Addison

Stats & Trends

Median Asking:

$401,134

Sale Price/ft²

$220

Below Asking

0.01%

Average Days on Market

Average Home Size

1915 ft²

Average Home Age

42.2 years

Currently For Sale

49 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$3,500 /mo

3 Beds
2 Baths
1,298 ft²

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Unit for rent at 206 W Division Street, Villa Park, IL, 60181

$1,550 /mo

1 Bed
1 Bath

206 W Division Street #I, Villa Park, IL, 60181 Listing by Jeffrey Steinberg

Unit for rent at 831 W Heritage Drive, Addison, IL, 60101

$2,100 /mo

2 Beds
2 Baths
800 ft²

831 W Heritage Drive #2, Addison, IL, 60101 Listing by Jennifer Anteliz

Rentals Near You

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Listed by: Robert Frank, Robert E. Frank Real Estate
Data Source: MRED, MLS# MRD12573995

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.