516 S Michigan Ct, Addison, IL 60101 Property Records

DuPage County property record for 516 S Michigan Ct, Addison, IL 60101

Property Summary

Property TypeApartments (5+ Units)
Details3,445 sqft · built 1962
Lot Size0.2 acres (8,712 sqft)
OwnerCompany Name on Record
Last Sale$575,000 (Feb 2023)
Tax Bill$11,885 (2025)
Deeds & MortgagesMar 2024 Mortgage
Jul 2023 Mortgage
+ 3 more
Flood ZoneZone X (minimal risk)
APN03-33-201-015

Property Details

APN / Parcel Number

Primary APN03-33-201-015

Interior

Units11 Units
Building Area3,445 sqft Living Area

Exterior

Year BuiltBuilt 1962
Effective Year BuiltEffective 1962
Construction TypeMasonry / Concrete Block
Lot Area8,712 sqft (0.2 acres)

Location & Zoning

Street Address516 S MICHIGAN CT
CityADDISON
StateIL
Zip60101-4633
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Local Zoning CodeA
Legal DescriptionRUXTONS RESUBDIVISION
Legal SubdivisionRUXTONS RESUBDIVISION
Legal Lot Number9
JurisdictionDU PAGE IL
Township / Civil DivisionADDISON
Census Block Group2
Census Block2006
Census Tract846701

Owner

Source: DuPage County records, as of August 17, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address1210 EASTON DR, CAROL STREAM, IL 60188-4817
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Mar 7, 2024Warranty Deed, Transfer · Commercial Mortgage
US BANK NA
Jul 6, 2023Deed of Trust, Mortgage · Commercial Mortgage
WHEATON BANK & TRUST COMPANY
May 8, 2023Warranty Deed, Transfer
ATTORNEY ONLY, ATTORNEY
Feb 13, 2023Warranty Deed, Transfer
E-CHICAGO TITLE, CHICAGO TITLE
Dec 4, 2017Warranty Deed, Transfer · Commercial Mortgage
ASSOCIATED BANK NA

Assessor's Deed Record

Deed NamesName on Deed
Last SaleFeb 13, 2023 · Amount on Record
Deed SaleFeb 13, 2023 · Amount on Record
Prior SaleDec 4, 2017 · Amount on Record
Deed Document Number20238730
Prior Transfer DateJul 17, 2003
Prior Transfer Doc0000366388
Record UpdatedSep 20, 2026

March 2024: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionDU PAGE IL
Recording DateMar 7, 2024
Property Address516 S MICHIGAN CT, ADDISON, IL 60101-4633
Document Number0000012276
Map ReferenceDOC 986525
Instrument DateFeb 27, 2024
InstrumentR2024-012276
Transaction TypeTransfer
Record UpdatedMar 26, 2024
Title CompanyACUITY TITLE

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address29W225 NORTH AVE, WEST CHICAGO, IL 60185-1340

Transferred To (Grantee/Buyer)

NameVerified Name
Address1210 EASTERN, CAROL STREAM, IL 60188

Mortgage

Document Number0000012277
DateMar 7, 2024
InstrumentR2024-012277
Lender
NameUS BANK NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

July 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionDU PAGE IL
Property Address516 S MICHIGAN CT, ADDISON, IL 60101-4633
Transaction TypeMortgage
Record UpdatedJul 24, 2023
Title CompanyFIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000042274
DateJul 6, 2023
InstrumentR2023-042274
Lender
NameWHEATON BANK & TRUST COMPANY
TypeBank
AddressWHEATON, IL 60187
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term58 Months
DueMay 12, 2028

May 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionDU PAGE IL
Recording DateMay 8, 2023
Property Address516 S MICHIGAN CT, ADDISON, IL 60101-4633
Document Number0000027877
Map ReferenceDOC 986625
Instrument DateMay 5, 2023
InstrumentR2023-027877
Transaction TypeTransfer
Record UpdatedMay 24, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount Recorded
Tax$575.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address235 POST OAK CIR, WEST CHICAGO, IL 60185-5961

February 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionDU PAGE IL
Recording DateFeb 13, 2023
Property Address516 S MICHIGAN CT, ADDISON, IL 60101-4633
Document Number0000008730
Map ReferenceDOC 986525
Instrument DateFeb 1, 2023
InstrumentR2023-008730
Transaction TypeTransfer
Record UpdatedMar 1, 2023
Title CompanyE-CHICAGO TITLE, CHICAGO TITLE

Transaction

AmountAmount Recorded
Tax$575.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address235 POST OAK CIR, WEST CHICAGO, IL 60185-5961

December 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionDU PAGE IL
Recording DateDec 4, 2017
Property Address516 S MICHIGAN CT, ADDISON, IL 60101-4633
Document Number0000123946
Map ReferenceDOC986525
Instrument DateNov 30, 2017
InstrumentR2017-123946
Transaction TypeTransfer
Record UpdatedDec 14, 2021
Title CompanySTEWART TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,760.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address2232 FOX BORO LN, NAPERVILLE, IL 60564-8453

Mortgage

Document Number0000123948
DateDec 4, 2017
InstrumentR2017-123948
Lender
NameASSOCIATED BANK NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueNov 30, 2022

Tax Assessment & Valuation

Source: DuPage County assessment roll, as of August 17, 2026

Property Jurisdictions

TypeName
StateIllinois
MunicipalityAddison Village
CountyDuPage County
County SubdivisionAddison Township
Elementary School DistrictAddison School District 4 (PK - 08)
Secondary School DistrictDuPage High School District 88 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$11,885.00 (+12.32%)$177,058 (+23.24%) Land $70,823 Building $106,235$531,174 (+23.24%) Land $212,469 Building $318,705
2022$10,581.00$143,670 Land $57,470 Building $86,200$431,010 Land $172,410 Building $258,600

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective September 1, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies1 in force
Nearby Flood Claims15 (1978–2013)
Claims Outside the SFHA7 of 15
Most Recent ClaimApr 2013 · Severe Storms, Straight-line Winds, And Flooding
Claims by Event
  • Severe Storms & Flooding, Aug 1987 · 7 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 94% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemADDISON
serves 38,017 people · EPA ID IL0430050
Water SourcePurchased surface water from DU PAGE WATER COMMISSION
Last State InspectionJan 2024
Lead2 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 363 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless · DSL · Fiber in parts of the area
100 / 20

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