550 E Lake St, Addison, IL 60101
OFF MARKET

550 E Lake St
Addison, IL 60101

    (on 3.39 acres)

    Local Information

    • Map ViewExplore the area around 550 E Lake St.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    3.39 acres

    About this House

    This lot/land is located at 550 E Lake St, Addison, IL. 550 E Lake St is in Addison, IL and in ZIP code 60101. This property has a lot size of 3.39 acres.
    550 E Lake St, Addison, IL 60101 is a lot/land. It last sold for $20,000 on Jul 29, 2014. It is currently off market. The Trulia Estimate rent is $2,070/month.

    Home Details for 550 E Lake St

    Interior Features

    Heating & Cooling
    Heating: GasHeating Fuel: Gas

    Exterior Features

    Exterior Home Features
    Roof: Other

    Property Information

    Property Type / Style
    Property Type: Lot LandArchitecture: Other

    Lot Information

    Lot Area: 3.39 acres

    Price History for 550 E Lake St

    DatePriceEventSource
    01/01/2026$1,399,000ListingRemovedMRED as distributed by MLS GRID #12187035
    11/17/2025$1,399,000PriceChange
    MRED as distributed by MLS GRID #12187035
    07/29/2025$1,449,000PriceChange
    MRED as distributed by MLS GRID #12187035
    06/23/2025$1,499,000PriceChange
    MRED as distributed by MLS GRID #12187035
    04/29/2025$1,599,000PriceChange
    MRED as distributed by MLS GRID #12187035
    03/01/2025$1,699,000PriceChange
    MRED as distributed by MLS GRID #12187035
    02/18/2025$1,799,000PriceChange
    MRED as distributed by MLS GRID #12187035
    01/16/2025$1,899,000PriceChange
    MRED as distributed by MLS GRID #12187035
    11/18/2024$1,999,000PriceChange
    MRED as distributed by MLS GRID #12187035
    10/12/2024$2,200,000Listed For SaleMRED as distributed by MLS GRID #12187035
    05/02/2019$399,900ListingRemovedAgent Provided
    06/25/2018$399,900Listed For SaleAgent Provided
    07/29/2014$20,000Sold
    MRED as distributed by MLS GRID #08249316
    07/16/2014$199,000PendingAgent Provided
    04/30/2014$199,000Listed For SaleAgent Provided

    Market trends in Addison

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $393K
    $21.73K    MoM
    Sale-to-List Price
    100.5%
    Price per sq ft
    $232
    $4    MoM
    Available listings
    64
    6    MoM
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    Comparable Sales for 550 E Lake St

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    102 N Oakleaf Dr, Addison, IL
    0.35
    Lot/Land
    $139,000
    07/20/26
    -
    -
    310 N Hillcrest St, Addison, IL
    0.44
    Lot/Land
    $108,000
    01/22/26
    -
    -
    4N041 N Elmwood Ave, Addison, IL
    0.60
    Lot/Land
    $325,000
    08/26/25
    -
    -
    Lot 4 Niles Ave, Addison, IL
    0.73
    Lot/Land
    $50,000
    11/13/25
    -
    -
    436 W Fullerton Ave, Addison, IL
    1.43
    Lot/Land
    $23,500
    09/04/25
    -
    -
    17W525 White Pine Rd, Addison, IL
    0.81
    Lot/Land
    $100,000
    12/23/25
    -
    -
    4N014 Church Rd, Bensenville, IL
    1.17
    Lot/Land
    $875,000
    12/03/25
    -
    -
    17W363 White Pine Rd, Addison, IL
    0.87
    Lot/Land
    $100,000
    09/30/25
    -
    -
    17W266 Byron Ave #16, Addison, IL
    1.12
    Lot/Land
    $50,000
    01/12/26
    -
    -
    432 W Natoma Ave, Addison, IL
    1.26
    Lot/Land
    $145,000
    06/17/26
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 550 E Lake St.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    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"
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    • 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
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    • Crystal Ortiz
      "Keep your kids safe always watch your surroundings something here and there so happen but that’s in a blue moon "
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    • 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. "
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    • 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
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    • Kime
      "careing neighborhood on every street and good place to walk your dog everyone speaks ad wwwwwwyyyyyy"
      1
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    • 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
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    • 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 "
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    • Paige H.
      "I dont personally like living in addison but I guess its nice because it's close to stores. "
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    • P. J.
      "There are several schools in the area. The way they determine what school your child attends needs improvement. "
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    • 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
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    • 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
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    • 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."
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    • 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."
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    • 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."
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    • 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
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    • Tinamodela
      "Very isolated, people don’t really talk to each other. It used to be a lot more friendly, but not now. "
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    • 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."
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    • 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
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    • 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 "
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    • Vinpomp35
      "there are plenty of dog walkers, lots of grass on both sides of sidewalk, and a couple parks and forest preserves close by. "
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    • 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 "
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    • 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. "
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    • 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
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    • 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
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    • 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
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    Apartments for Rent

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    Explore by feature - Pet Friendly

    11 pet-friendly rentals in Addison, IL

    Explore by feature - Garage

    15 rentals with a garage in Addison, IL

    Explore by feature - Air Conditioning

    29 rentals with air conditioning in Addison, IL

    Explore by feature - Washer/dryer

    15 rentals with a washer/dryer in Addison, IL

    Explore by feature - Outdoor Space

    7 rentals with an outdoor space in Addison, IL

    Homes for sale near 550 E Lake St

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    Off Market Homes Near 550 E Lake St

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    Frequently asked questions about 550 E Lake St

    • What is the price history for 550 E Lake St?
      550 E Lake St in Addison, IL last sold for $20,000 in July 2014.
    • 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 $393K. That is up $21.73K from the prior month.
    • What do residents say about Addison?
      Residents describe Addison, IL as dog-friendly, pedestrian-friendly, and easy to park in. See recently sold homes in Addison, IL.