Incredible Opportunity: 1/2 Duplex with Assumable Mortgage! This 1/2 Ranch Duplex has NO HOA fees and ASSUMABLE MORTGAGE AT 2.875!!!! Approximately 228,000 in balance. Includes a Home Warranty for your peace of mind! Secure this home's low, assumable mortgage, save thousands annually, and close in 30 days! This Spacious home has excellent bones and an amazing back yard that could be fenced for more privacy. It just needs your ideas and some elbow grease to make this place AMAZING!! With a few adjustments it could be handicapped accessible, but isn't in the current state. One level ranch! The property was rehabbed in 2021. SS appliances , newer kitchen, flooring and bathrooms. Master bedroom has full master bathroom with walk-in shower and double closets. 1 car garage with 2 car wide driveway. Great location within walking distance to schools. Great extra deep crawl space for an additional storage. This home could also make a great rental property!
Closed
$285,000
462 E Lorraine Ave, Addison, IL 60101
3beds
1,329sqft
Duplex, Single Family Residence
Built in 1984
-- sqft lot
$294,000 Zestimate®
$214/sqft
$2,474 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 10, 2025 at 12:36am
Listing courtesy of:
Ivelina Stoyanova 312-493-8327,
HomeSmart Connect LLC
Bought with:
Maria Noyola
Century 21 TK Realty
Source: MRED as distributed by MLS GRID,MLS#: 12222933

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14X12
Bedroom 2
- Features: Flooring (Carpet)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 3
- Features: Flooring (Carpet)
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11X12
Dining room
- Features: Flooring (Wood Laminate)
- Level: Main
- Dimensions: COMBO
Kitchen
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 170 Square Feet
- Dimensions: 10X17
Laundry
- Features: Flooring (Vinyl)
- Level: Main
- Area: 40 Square Feet
- Dimensions: 5X8
Living room
- Features: Flooring (Carpet)
- Level: Main
- Area: 276 Square Feet
- Dimensions: 12X23
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Refrigerator
- Laundry: Gas Dryer Hookup, In Unit, First Floor Laundry, Laundry Hook-Up in Unit
Features
- Dining Combo
- Flooring: Laminate
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,329 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached, Open
- Attached garage spaces: 1
- Has uncovered spaces: Yes
- Details: Garage (Garage Door Opener(s)), Driveway (Concrete)
Accessibility
- Accessibility features: No Disability Access
Lot
- Size: 7,854 sqft
- Dimensions: 34X231
- Features: Other
Details
- Parcel number: 0334104040
- Special conditions: Home Warranty
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Single Family Residence
Materials
- Brick, Cedar
Condition
- New construction: No
- Year built: 1984
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Addison
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Services availability

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$294,000
2% more+ $5,880
With Zillow Showcase(estimated)
$299,880