462 E Lorraine Ave, Addison, IL 60101
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Property image
OFF MARKET

462 E Lorraine Ave
Addison, IL 60101

  • 3 Beds
  • 2 Baths
  • 1,329 sqft

$319,800

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $2,230/mo*
Refinance Your Home

$319,800

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $2,230/mo*
Refinance Your Home
3 Beds
2 Baths
1,329 sqft

Home Value

Trulia Estimate
$320K
Since last month
Increased$3K (+0.9%)
Since last year
Increased$27K (+9%)
Since last sale
Increased$35K (+12.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +65% in the last 10 years
MonthEstimated value
2026
August 2026$320K
July 2026$317K
June 2026$307K
May 2026$306K
April 2026$306K
March 2026$304K
February 2026$297K
January 2026$301K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
450 N Addison Rd, Villa Park, IL
1.46
Multi-Family Home
$600,000
08/03/26
6
2
-
400 N Addison Rd, Villa Park, IL
1.57
Multi-Family Home
$500,000
10/15/25
6
2
-
104 N Evergreen Ave, Elmhurst, IL
1.89
Multi-Family Home
$1,085,000
06/08/26
3
4.5
2,269
211 N Larch Ave, Elmhurst, IL
1.94
Multi-Family Home
$600,000
04/30/26
4
3
-
285 E 1st St, Elmhurst, IL
2.61
Multi-Family Home
$435,000
07/06/26
3
1.5
1,430
188 Paramount Dr, Wood Dale, IL
3.04
Multi-Family Home
$342,000
07/15/26
3
2
2,210
80 Westmore Meyers Rd, Lombard, IL
2.34
Multi-Family Home
$452,000
07/22/26
4
3.5
1,960
831 E South Broadway Ave, Lombard, IL
2.68
Multi-Family Home
$438,000
02/26/26
4
2
-
112 N Center St #A, Bensenville, IL
3.35
Multi-Family Home
$525,000
04/17/26
3
3.5
1,802

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
442 Lorraine Ave, Addison, IL 60101
0.07
$485,100
3
2
2,904
Off Market
431 S Cherry Hill Ct, Addison, IL 60101
0.07
$429,800
3
2
2,224
Off Market
456 S Cherry Hill Ct, Addison, IL 60101
0.11
$431,400
4
2
2,229
Off Market
17W685 Lorraine Ave, Addison, IL 60101
0.07
$345,000
3
2
1,288
Recently Sold
17W707 Lorraine Ave, Addison, IL 60101
0.08
$349,600
4
2
-
Off Market
423 S Cherry Hill Ct, Addison, IL 60101
0.10
$383,500
4
1.5
1,210
Off Market
17W645 Lorraine Ave, Addison, IL 60101
0.06
$360,000
3
2
2,310
Recently Sold
437 E Lorraine Ave, Addison, IL 60101
0.10
$88,000
-
-
-
For Sale
448 S Villa Ave, Addison, IL 60101
0.09
$399,100
3
2
-
Off Market
415 S Cherry Hill Ct, Addison, IL 60101
0.12
$417,500
5
2
2,229
Off Market
422 Beverly Ave, Addison, IL 60101
0.16
$436,400
4
2
1,638
Off Market

Local Information

  • Map ViewExplore the area around 462 E Lorraine Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1984
Living Area
1,329 sqft
Price/Sqft
$241
Parking
1 Car Garage

About this House

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!
462 E Lorraine Ave, Addison, IL 60101 is a 3 bedroom, 2 bathroom, 1,329 sqft multi-family built in 1984. It last sold for $285,000 on Jan 7, 2025 (5% below the $298,884 asking price). More recently, it was listed as a rental in December 2024 with an asking price of $2,400 per month. That rental listing was removed on December 17, 2024. It is currently off market. The Trulia Estimate is $319,800, with a rent estimate of $2,155/month.
Last check for updates: about 16 hours ago
Listed by Ivelina Stoyanova, (312) 493-8327
HomeSmart Connect LLC
Bought with: Maria Noyola, T.K. Realty Inc
Source: MRED as distributed by MLS GRID, MLS#12222933

Home Details for 462 E Lorraine Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1329 Square Feet
Appliances & Utilities
Appliances: Range, Microwave, RefrigeratorLaundry: Washer Hookup,Main Level,Gas Dryer Hookup,In UnitMicrowaveRefrigerator
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No Spa
Windows, Doors, Floors & Walls
Flooring: Laminate
Levels, Entrance, & Accessibility
Number of Stories: 1Accessibility: No Disability AccessFloors: Laminate
View
No View

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 1Parking: Concrete,Garage Door Opener,On Site,Garage Owned,Attached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1984
Property Type / Style
Property Type: ResidentialProperty Subtype: Duplex, Single Family Residence
Building
Construction Materials: Brick, CedarNot a New ConstructionIncludes Home Warranty
Property Information
Parcel Number: 0334104040

Price & Status

Price
List Price: $298,884
Status Change & Dates
Off Market Date: Thu Dec 26 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: Addison
School Information
Elementary School: Fullerton Elementary SchoolElementary School District: 4Jr High / Middle School: Indian Trail Junior High SchoolJr High / Middle School District: 4High School: Addison Trail High SchoolHigh School District: 88

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 7854 sqft

Listing Info

Special Conditions: Home Warranty

Offer

Listing Terms: Cash

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 12222933Back On Market Date: Wed Dec 18 2024

Additional Information

Source Internet Automated Valuation DisplaySource Internet Consumer CommentSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Jan 7, 2025
Source: MRED as distributed by MLS GRID #12222933
Sold
$285,000
Dec 28, 2024
Source: MRED as distributed by MLS GRID #12222933
Contingent
$298,884
Dec 18, 2024
Source: MRED as distributed by MLS GRID #12222933
PendingToActive
$298,884
Dec 17, 2024
Source: MRED as distributed by MLS GRID #12223157
ListingRemoved
$2,400
Dec 17, 2024
Source: MRED as distributed by MLS GRID #12222933
Contingent
$298,884

Market trends in Addison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$402K
$8.33KMoM
Sale-to-List Price
100.6%
0.2%MoM
Price per sq ft
$239
$6MoM
Available listings
71
7MoM

Around this home

What Locals Say about Addison

At least 248 Trulia users voted on each feature.

  • 84 % Say it's dog friendly

  • 83 % Say there are sidewalks

  • 79 % Say car is needed

  • 75 % Say parking is easy

  • 70 % Say yards are well-kept

  • 69 % Say there's holiday spirit

  • 68 % Say kids play outside

  • 63 % Say streets are well-lit

  • 61 % Say there's wildlife

  • 60 % Say it's quiet

  • 57 % Say people would walk alone at night

  • 54 % Say they plan to stay for at least 5 years

  • 53 % Say it's walkable to grocery stores

  • 50 % Say it's walkable to restaurants

  • 45 % Say neighbors are friendly

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Gailygurl5949
    "Summer concert series"
    0
    Flag
  • Jfverdi
    "Great neighborhood, one way in and one way out, privacy abound. Downfall is no nearby parks or pools and you can’t really walk to grocery stores if you need to, too far, about 1 mile away to closest one. Nice neighborhood restaurants and bars, kid friendly. Great H.S. Easy access to expressways and O’hare. "
    0
    Flag
  • Crystal Ortiz
    "Keep your kids safe always watch your surroundings something here and there so happen but that’s in a blue moon "
    0
    Flag
  • Mg7rpzw77h
    " This is one of a few places that I have seen children outside playing under watchful eyes of parents on several porches. It’s heartwarming to see kids playing outside and feeling safe. "
    0
    Flag
  • Erika R.
    "You could always see owners walking their dogs here, and they are also very good about picking up after them "
    2
    Flag
  • Francisco B.
    "Just visiting. The town seems really friendly. There are a lot of upscale housing in the area. I would say, not a bad place to live."
    1
    Flag
  • Janette C.
    "Great environment and great schools!! Never felt unsafe living here. Great suburb to live n have kids "
    0
    Flag
  • Kime
    "careing neighborhood on every street and good place to walk your dog everyone speaks ad wwwwwwyyyyyy"
    1
    Flag
  • Jeffsnider10
    "The neighborhood is friendly and safe. I have not heard of any crimes in our area for the past 6 years since we moved to this area. In the warmer months we walk our dog to the park several times a week if not daily, everyone is friendly."
    1
    Flag
  • Mmike4874
    "Not far from work easy 20 minute drive of course traffic makes a difference but close to home and yet still close to work "
    0
    Flag
  • Paige H.
    "I dont personally like living in addison but I guess its nice because it's close to stores. "
    0
    Flag
  • P. J.
    "There are several schools in the area. The way they determine what school your child attends needs improvement. "
    0
    Flag
  • Travis T.
    "Safe neighborhood to walk your dog in but way too many Skunks in the summer! My dog got sprayed 7 times in the 2 years I lived here. City doesn’t do anything about them. "
    1
    Flag
  • Pinedasyl
    "Close enough to walk to parks, schools, and stores. Close to bus stop, police station, and library. "
    1
    Flag
  • Kime
    "neighbors speaks all the time. neighbors look out for each other houses and cars no one try to steal your car "
    0
    Flag
  • Joshua G.
    "Very busy, very populated town. Some unsafe areas, some very nice areas. Depends where you live. Lake st, is also very busy all the time."
    0
    Flag
  • Chelsea T.
    "I've lived here for 5 years. It feels safe and welcoming. There are a lot of families with children and the park is always busy."
    0
    Flag
  • G.saab00012
    "I love my town. I've been living here from last 2 years and I feel totally safe here. It I will recommend this area to all peoples."
    0
    Flag
  • Jfverdi
    "We have Rock n Wheels every Thursday night at Village Center. Features live bands, food and beverage stands or you can bring your own. Great gathering event."
    0
    Flag
  • Tinamodela
    "Very isolated, people don’t really talk to each other. It used to be a lot more friendly, but not now. "
    0
    Flag
  • Trulia User
    "Friendly quiet town just west of the city. In summer lots of activities to do. Great restaurants and bars down lake. A great place to raise a family."
    0
    Flag
  • Aaliyah
    "By car, Lyft, Uber. I’ve seen a bus go passed but I have never taken it before. Or I choose to walk or ride a bike."
    0
    Flag
  • Shivendra B.
    "they love walking dogs and is really safe for dog and it is awesome to see people walking dogs. I'm about to move and I will miss people walking dogs. It is an good community "
    0
    Flag
  • Vinpomp35
    "there are plenty of dog walkers, lots of grass on both sides of sidewalk, and a couple parks and forest preserves close by. "
    0
    Flag
  • Erica S.
    "the park by my complex gets flooded when it rains a lot so sometimes you can't walk over there, it gets so bad it floods half of the parking lot "
    0
    Flag
  • Prisila C.
    "Summer Thursday nights Rockn wheels. never gone but looks fun. No other community events that I know of. wood Dale and Itasca near by. "
    0
    Flag
  • Laura E.
    "I've lived in this neighborhood for 3 years and have loved it. it's peaceful, well kept, and citizen oriented. I am sad to be leaving the area but work calls for it. "
    0
    Flag
  • Darlandra W.
    "The park, i ut allows the kids a supervised place to hangout. The have a place for little kids as well as big kids."
    1
    Flag
  • Stulo603
    "We have lived here for about 7 months. It’s a quiet neighborhood, the people are nice and friendly. Stores are close buy and great restaurants. "
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information

Frequently asked questions about 462 E Lorraine Ave

  • What is 462 E Lorraine Ave estimated to be worth?
    Trulia's estimated value for 462 E Lorraine Ave in Addison, IL is $319,800.
  • What is the price history for 462 E Lorraine Ave?
    462 E Lorraine Ave in Addison, IL last sold for $285,000 in January 2025.
  • Is Addison a buyer's or seller's market?
    Addison is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Addison?
    The median sale price in Addison is $402K. That is up $8.33K from the prior month.
  • Does 462 E Lorraine Ave have air conditioning?
    Yes, 462 E Lorraine Ave in Addison, IL has air conditioning.
  • Does 462 E Lorraine Ave have laundry facilities?
    Yes, 462 E Lorraine Ave in Addison, IL has laundry facilities.

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Off Market Homes Near 462 E Lorraine Ave

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