Welcome to the pre-approved short sale listing for the property located at 701 N. 5th Ave. #201, Addison, IL. Priced tens of thousands below market value!! This 2-bedroom, 2-bathroom condo is a great opportunity for buyers looking for a spacious and modern living space at an affordable price. The condo features an open-concept layout with hardwood floors and plenty of natural light. The living room and dining area are perfect for entertaining, while the fully-equipped kitchen features stainless steel appliances and granite countertops. The master bedroom includes a walk-in closet and an en-suite bathroom with a dual sink vanity, soaking tub, and separate shower. The second bedroom is perfect for guests or can be used as a home office. Additional features of this property include central air conditioning, a private balcony, washer & dryer in unit, and a designated heated parking garage. The short sale has been pre-approved at the above price. All offers must be equal or higher than asking price. Offers must include pre-approval letter and/or proof of funds. Contact us today to schedule a viewing!
Closed
$257,500
701 N 5th Ave APT 201, Addison, IL 60101
2beds
1,485sqft
Condominium, Single Family Residence
Built in 2003
-- sqft lot
$292,000 Zestimate®
$173/sqft
$2,343 Estimated rent
Home value
$292,000
$277,000 - $307,000
$2,343/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 25, 2023 at 02:06pm
Listing courtesy of:
Basel Tarabein, GRI 847-828-2243,
RE/MAX At Home
Bought with:
Oksana Kuleshko
KOMAR
Source: MRED as distributed by MLS GRID,MLS#: 11762179
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Flooring (Carpet), Window Treatments (All), Bathroom (Full)
- Level: Main
- Area: 176 Square Feet
- Dimensions: 16X11
Bedroom 2
- Features: Flooring (Carpet), Window Treatments (All)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Balcony porch lanai
- Level: Main
- Area: 84 Square Feet
- Dimensions: 6X14
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13X11
Kitchen
- Features: Kitchen (Eating Area-Table Space), Flooring (Wood Laminate)
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13X11
Laundry
- Features: Flooring (Hardwood), Window Treatments (All)
- Level: Main
- Area: 25 Square Feet
- Dimensions: 5X5
Living room
- Features: Flooring (Carpet), Window Treatments (All)
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16X14
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: In Unit
Features
- Basement: None
Interior area
- Total structure area: 1,485
- Total interior livable area: 1,485 sqft
Property
Parking
- Total spaces: 1
- Parking features: Asphalt, Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Exterior features: Balcony
Lot
- Features: Corner Lot
Details
- Parcel number: 0320327043
- Special conditions: Short Sale
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Addison
- Subdivision: Avanti Place
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $287 monthly
- Amenities included: Elevator(s), Security Door Lock(s)
- Services included: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Other
Other facts
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2023 | Sold | $257,500+7.3%$173/sqft |
Source:  MRED as distributed by MLS GRID #11762179 | ||
| 6/11/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11762179 | ||
| 4/28/2023 | Contingent | $240,000$162/sqft |
Source: MRED as distributed by MLS GRID #11762179 | ||
| 4/18/2023 | Listed for sale | $240,000$162/sqft |
Source: MRED as distributed by MLS GRID #11762179 | ||
| 4/18/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11344438 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $5,126 +9.1% | $69,630 +9.2% |
| 2022 | $4,697 +4.1% | $63,770 +4.4% |
| 2021 | $4,511 +2.5% | $61,080 +4.4% |
Find assessor info on the county website
Neighborhood: 60101
Nearby schools
GreatSchools rating
- 5/10Wesley Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Indian Trail Jr High SchoolGrades: 6-8Distance: 0.8 mi
- 8/10Addison Trail High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Wesley Elementary School
- Middle: Indian Trail Junior High School
- High: Addison Trail High School
- District: 4
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Get a free Zillow Showcase℠ listing and you could sell for .
$292,000
2% more+ $5,840
With Zillow Showcase(estimated)
$297,840