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245 Mill Rd

Addison, IL 60101

1 bd 1 ba 750 sqft Built 1975 condos
Most recent sale
$90,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $90,000 MLS #11443043
Jun 22, 2022 Listed $93,000 MLS #11443043
Mar 6, 1991 Sold $41,500 Public Record
Aug 1, 1984 Sold $40,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $28,838 $4,503 $33,341 $1,786
2022 $24,890 $3,890 $28,780 $1,677
2021 $23,840 $3,730 $27,570 $1,593
2020 $22,830 $3,570 $26,400 $615
2019 $21,950 $3,430 $25,380 $637
2018 $21,950 $3,430 $25,380 $664
2017 $20,980 $3,280 $24,260 $679
2016 $19,370 $3,030 $22,400 $720
2015 $17,890 $2,800 $20,690 $765
2014 $17,890 $2,800 $20,690 $770
2013 $18,250 $2,860 $21,110 $738
2012 $19,490 $3,050 $22,540 $751
2011 $25,510 $3,990 $29,500 $643
2010 $31,110 $4,870 $35,980 $581
2009 $34,210 $5,360 $39,570 $515
2008 $34,210 $5,360 $39,570 $529
2007 $31,790 $4,980 $36,770 $589
2006 $24,950 $3,910 $28,860 $586

Property facts

Year built
1975
Property type
condos
Stories
3
Beds
1
Baths
1
Living area
750 sqft
Lot size
ZIP code
60101
City
Addison
Street
Mill Rd
Coordinates
41.93298, -88.00271

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$540
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 245 Mill Rd last sell?
245 Mill Rd most recently sold on Jul 15, 2022 for $90,000.
What is the current tax assessment for 245 Mill Rd?
The most recent total assessment for 245 Mill Rd (year 2024) is $33,341 with $1,786 in property tax.
How does 245 Mill Rd's assessment compare to its last sale price?
The current assessment is 63.0% below the last sale price of $90,000.
When was 245 Mill Rd built?
245 Mill Rd was built in 1975.
How does 245 Mill Rd compare to others on Mill Rd?
We track 8 other properties on Mill Rd. Browse the list under "Other properties on Mill Rd" to compare beds, baths, and sale history.
What are the property facts for 245 Mill Rd?
245 Mill Rd is a 1 bed, 1 bath, 750 sqft condos.
Is 245 Mill Rd a flip candidate?
No — 245 Mill Rd does not appear in our flips dataset.
Is 245 Mill Rd a tax-appeal candidate?
No — 245 Mill Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.5%
Implied 1-yr
+13.8%
2026 Q3
$462.5K
2026 Q4
$475.5K
ZIP 60101 — Median Price History + Forecast

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