Closed

$394,900

516-518 Addison Road, Villa Park, IL 60181
6 Beds2 Baths9 days
516-518 Addison Road·Villa Park, IL 60181
6Bedrooms
2Bathrooms
1962Year Built
About This Home

Well maintained duplex-building with two side-by-side, tri-level units each featuring, 3-bedrooms, 1 bath and partial basements, individual partial basement areas with washer-dryer, and mechanicals. Each unit has the same layout including a great room and kitchen on level 1, one bedroom and a full bath on level 2, and two bedrooms on level 3. Features include, hardwood flooring, newer windows, updated doors, trim, kitchens and baths, roomy closets, separate private patios, HVAC systems, water heaters, and unfinished basements with a look-out above ground level window making it ideal for possible finishing or extra storage. Current leases allow each unit 2 off-street parking spaces (garage, 1 car, and driveway, 1 car). Tenants pay for their own heat, electric, and gas. Above grade SF for the LR, Kit, Bath & 3 Bedrooms, is 1,201 SF (measured); partial basements, 280 SF. Photos are actual, prior to current leases. Unit 516 (the front unit facing Addison) is currently leased at $1,610 per month (including water) until 02-28-2021. On 03-01-2021, the rent will increase to $1,660/month (including water) until 02-28-2022. Unit 518 (the rear unit) is currently leased at $1,625/month (including water) until 05-31-2021. On 06-01-2021 the rent will increase to $1,675 per month until 05-31-2022. Both tenants pay for their own heat, electric, and gas. Yearly expenses include water-sewer-trash and Salt Creek Sanitary District ($2,160), and insurance ($1,650), and taxes ($5,640).

MLS# 10970696Listed February 1, 2021Residential IncomeContemporary
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms10

Size & Structure

Garage Spaces2
Year Built1962
Lot Size0.190 acres

Location

CountyDu Page
TownshipYork
Zip Code60181

Financial

List Price$394,900
Annual Taxes (2019)$5,641
Monthly Tax Est.$470
Parcel #0604122020
Interior Features

Heating

Natural GasForced AirSep Heating Systems - 2+Indv Controls

Basement

UnfinishedPartialDaylight
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter

Patio & Porch

Patio

Lot Features

Corner LotLevel
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedAssignedOff StreetDrivewayOwnedGarage
HOA & Community

Community Features

SidewalksStreet LightsStreet Paved
Schools
Elementary
Schafer Elementary School
District: 45
Middle School
Jefferson Middle School
District: 45
High School
Willowbrook High School
District: 88
Tax & Financial
Annual Taxes
$5,641
Tax Year 2019
Monthly Tax Est.
$470
per month
Property Location

516-518 Addison Road, Villa Park, IL 60181Du Page County

$394,900
516-518 Addison Road
6 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
9 days on market
2-car garage
0.190 acres
$5,641/yr taxes
$2,545
estimated monthly payment
Principal & Interest
$2,075/mo
Property Tax
$470/mo
$394,900
20% — $78,980
3%50%
6.875%
3%12%
Loan Amount
$315,920
Down Payment
$78,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
RE/MAX Suburban
Agent: Frank Cincotta
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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