NOT LISTED FOR SALE

101 N Mcaree Rd Waukegan, IL 60085

Estimated Value: $261,000 - $331,000

4 Beds
2 Baths
2,108 Sq Ft
$142/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $300,000 $142 Per Sq Ft

Current estimated payment $2,103/month

17 Days on Market

Highlights

  • Cape Cod Architecture
  • Two Heating Systems
  • Multiple Water Heaters
  • 2 Car Detached Garage
  • Baseboard Heating
  • Paved or Partially Paved Lot

About This Home

As of August 2023

This 2-unit brick Cape-Cod style investment property comes with a brick garage and separate basements, each with laundry facilities. The tenants are content and on a month-to-month lease. Although the property is offered as-is, buyers are required to review *Disclosures* and *Financial & Supplemental* documents.

Last Agent to Sell the Property

Terrence Muse

RE/MAX Premier License #475144929 Listed on: 06/28/2023

RE/MAX  Premier

Last Buyer's Agent

Terrence Muse

RE/MAX Premier License #475144929 Listed on: 06/28/2023

RE/MAX  Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,747

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 80x101
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage

Utilities

  • Two Heating Systems
  • Individual Controls for Heating
  • Baseboard Heating
  • Multiple Water Heaters
  • Electric Water Heater

Community Details

  • 2 Units
  • Douglas Nursery Subdivision, Cape Cod Floorplan

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,747

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Subdivision Name: Douglas Nursery
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Sump Pump, Multiple Water Heaters, Water Heater-Electric
  • Basement Description: Unfinished,Concrete (Basement),Storage Space
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 314900
  • Lot Features: Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 6
  • Number of Cars: 8
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Baseboard, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 75

Schools

  • Middle/Junior School District: 60

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 80X101
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6747.48
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 15, 2023
Sold by
Melgoza Francisco and Melgoza Patricia
Bought by
Garcia William
Seller's Agent
Terrence Muse
RE/MAX Premier
Buyer's Agent
Terrence Muse
RE/MAX Premier
List Price
$314,900
Sold Price
$300,000
Premium/Discount to List
-$14,900
-4.73%
Total Days on Market
17
Views
347
Current Estimated Value
$300,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107
Avg. Annual Appreciation
0.02%
Original Mortgage
$279,837
Outstanding Balance
$274,217
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$25,890

Purchase Details

Listed on
Sep 1, 2022
Closed on
Sep 22, 2022
Sold by
Graff Christine H
Bought by
Melgoza Francisco and Melgoza Patricia
Seller's Agent
Mel Metts
Graff Realty
Buyer's Agent
Terrence Muse
RE/MAX Premier
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.62%

Purchase Details

Closed on
May 16, 2005
Sold by
Beger Jerrold R and Degreef Dolores F
Bought by
Graff Christine H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.91%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garcia William $285,000 Chicago Title
Melgoza Francisco $200,000 Nippersink Title
Graff Christine H $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia William $279,837
Previous Owner Graff Christine H $142,852
Previous Owner Graff Christine H $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $300,000 -4.7% $142 / Sq Ft
07/16/2023 07/16/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $314,900 +57.5% $149 / Sq Ft
09/23/2022 09/23/22 Sold $199,900 0.0% $95 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $199,900 -- $95 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,213 $74,264 $13,934 $60,330
2023 $7,007 $65,890 $12,363 $53,527
2022 $7,007 $71,677 $12,109 $59,568
2021 $6,747 $64,720 $11,393 $53,327
2020 $6,835 $60,294 $10,614 $49,680
2019 $6,878 $55,250 $9,726 $45,524
2018 $6,818 $52,736 $11,799 $40,937
2017 $6,637 $46,657 $10,439 $36,218
2016 $6,265 $40,543 $9,071 $31,472
2015 $6,130 $36,287 $8,119 $28,168
2014 $5,286 $31,246 $8,689 $22,557
2012 $6,552 $33,853 $9,415 $24,438
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11819303

Midwest Real Estate Data (MRED)

APN: 08-20-301-007