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701 North 5th Avenue

701 North 5th Avenue, Addison, IL 60101
Condo in Addison
2 Units For Sale
Unit for sale at 701 N 5th Avenue, Addison, IL 60101

$240,000

  • 2 Beds
  • 2 Baths
  • 1,485 ft²
701 N 5th Avenue #201, Addison, IL 60101 Listing by Basel Tarabein

Unit for sale at 701 N 5th Avenue, Addison, IL 60101

$240,000 ↑ $60K

  • 2 Beds
  • 2 Baths
  • 1,485 ft²
701 N 5th Avenue #201, Addison, IL 60101 Listing by Basel Tarabein

701 North 5th Avenue is a condo located in Addison, Addison. The building was first built in 2000 and is 24 years old. The lot that the building was built on is 61 feet wide and 86 feet long. In total, 701 North 5th Avenue has a total floor area of 5,376 square feet. 701 North 5th Avenue has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 1 closings on record. The most recent transaction was for unit 304, sold for $215,000 on Nov 19, 2021. Fun fact, the oldest transaction we have on record took place on Nov 19, 2021. See the full transaction history for 701 North 5th Avenue below.

Addison, where 701 North 5th Avenue is located, has a median asking price of $187,450 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $240,000. It is a 1,485 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $240,000. It is a 1,485 sqft 2 bedroom and 2 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 2 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $240,000. Collectively, the median square footage of these active units for sale is 1,485 sqft. Active units for sale at 701 North 5th Avenue are mostly 2-bedroom apartments Active units for sale at 701 North 5th Avenue have a median count of 2 bedrooms and have a median count of 2 bathrooms.

Building Features

Exterior

Brick Exterior
Aluminum Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210104 Unit 201
01/04/2021
201
2 Bed
2 Bath
1600 ft²
$239,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1600 ft²
-
-
-
-
20190421 Unit 302
04/21/2019
302
2 Bed
2 Bath
1380 ft²
$164,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1380 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Brick
  • Building Style: A-frame
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,668
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 86
  • Lot Size Frontage Feet: 61
  • Total Building Area: 5,376
  • Gross Building Area: 5,376
  • Building Area: 3,288
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,288
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARMANI CIRCLE SUB
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ARMANI CIRCLE SUB ALL

Ownership

  • Current Owner : BELETA ALDRIN
  • Current Owner 2: BELETA MARIBETH
  • Previous Owner : RUIZOL RUBEN C
  • Previous Owner 2: RUIZOL ELIZABETH A
  • Owner Before Previous Owner: COSMOPOLITAN BANK & TRUST
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 840303

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-C3
  • Parcel: 03-20-314-015
  • Lot: 1
  • Municipality: ADDISON
  • Latitude: 41.9397
  • Longitude: -88.0088

    Address

  • Full Address: 701 N 4th Ave
  • Address - House Number: 701
  • Street Direction: N
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Addison
  • Carrier Code: R003
  • 4-Digit Zip Code: 2293
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,050
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 614,814
  • High Value: 718,993
  • Low Value: 510,636

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $484,500
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS INC
  • First Open Lien Mortgage Recording Date: Feb 25, 2022
  • First Open Lien Mortgage Loan Amount: $484,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $549,570
  • Market Land Value: $160,020
  • Market Improvement Value: $389,550

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $183,190
  • Assessed Land Value: $53,340
  • Assessed Improvements Value: $129,850

    Sales

  • Current Sale Contract Date: Jan 20, 2022
  • Current Sale Recording Date: Feb 25, 2022
  • Current Sale Transaction ID: 11880551312
  • Current Sale Price: $510,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20940
  • Previous Sale Recording Date: Sep 06, 2002
  • Previous Sale Contract Date: Aug 27, 2002
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS INC
  • First Mortgage Transaction Date: Feb 25, 2022
  • First Mortgage Loan Amount: $484,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MATRIX INVESTMENT CORP
  • Previous Mortgage Transaction Date: Sep 06, 2002
  • Previous Mortgage Loan Amount: $320,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2032

About Addison



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 701 North 5th Avenue located in?
The 701 North 5th Avenue is a condo located in the neighborhood of Addison in Addison, Addison.
How many listings are currently for sale in 701 North 5th Avenue?
There are two listings currently on the market for sale.
What is the average sales price for listings in 701 North 5th Avenue?
The average sales price for units in 701 North 5th Avenue is $240,000 , or $162/sqft. currently.

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