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741 N 7th Ave, Addison, IL, 60101

5beds
4baths
4,124sqft
$989,000
$240price/sqft
$7,219/moest. monthly cost
$288,760/yrincome needed

About This Home

Exceptional new construction in convenient Addison location! Over 4100 SF of finished living space; quality craftsmanship and upscale finishes throughout including white oak hardwood on both 1st and 2nd floors and quartz counters in kitchen. Full finished basement with luxury vinyl plank flooring including 5th bedroom and full bath with egress window. Completely private backyard with enclosed vinyl fence and Trex deck. Estimated completion is September which will allow buyers to select finishes based on builder allowance - move in this fall! Enjoy easy access to Lake Street, Route 53, I-355 and I-290/294. Close to shopping, dining and O'Hare. A rare opportunity to own a customizable new construction home in an established neighborhood with modern design, exceptional convenience and timely delivery.

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

5/10
Wesley Elementary SchoolGrades K-50.5 mi
5/10
9/10
Addison Trail High SchoolGrades 9-120.9 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Construction materials: Brick,Fiber Cement

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Upper Level

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedroom2

  • Features: Flooring (Hardwood)
  • Level: Second
  • Area: 120
  • Dimensions: 12X10

Bedroom3

  • Features: Flooring (Hardwood)
  • Level: Second
  • Area: 130
  • Dimensions: 13X10

Bedroom4

  • Features: Flooring (Hardwood)
  • Level: Second
  • Area: 108
  • Dimensions: 12X9

Bedroom5

  • Features: Flooring (Luxury Vinyl)
  • Level: Basement
  • Area: 110
  • Dimensions: 11X10

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Breakfast Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 90
  • Dimensions: 10X9

Family Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 252
  • Dimensions: 18X14

Features

  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Gas Starter,Family Room
  • Fireplace: Yes
  • Finished area below ground: 1,383

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,124
  • Total interior livable area: 4,124 sqft

Kitchen

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 80
  • Dimensions: 10X8

Laundry

  • Level: Second
  • Area: 48
  • Dimensions: 6X8

Master Bedroom

  • Features: Flooring (Hardwood),Bathroom (Full)
  • Level: Second
  • Area: 195
  • Dimensions: 15X13

Office

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 130
  • Dimensions: 10X13

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 0320114021
  • Special condition: None

Features

  • Stories: 2
  • Patio & porch: Deck

Lot

  • Lot size: 9,583 sqft

Parking

  • Total spaces: 2
  • Parking features: Concrete,Yes,Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Inland Flooding
Lightning
Strong Wind

FEMA Declared Disasters Across Illinois Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,000$60,000
Home Insurance *$345$4,140
Property Taxes $1,557$18,684
Electricity $317$3,806
Total$7,219$86,628
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$247,508/yr
40% on housing$216,570/yr
45% on housing$192,506/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$240This listing

vs Other Active Listings

Avg $/sqft

ZIP 60101$223
DuPage County$270

vs Homes Sold Last Month

Median $/sqft

ZIP 60101$217
DuPage County$260

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-28Listed for sale$989,000
2024-02-28Sold$82,500
2024-01-23Pending sale$99,500
2023-04-20Price change$99,500
2021-04-26Price change$114,900
2019-06-18Price change$139,000
2019-04-03Listed for sale$149,900
2008-01-14Sold$185,000

New Construction

AgentSabrina Glover, ABR,CSC,PSA
BrokeragePlatinum Partners Realtors

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