1027 Lorraine Ave Waukegan, IL 60085
Oakland Neighborhood
2
Beds
1
Bath
1,170
Sq Ft
1946
Built
Highlights
- Cape Cod Architecture
- Brick or Stone Mason
- Laundry Room
- Wood Flooring
- Living Room
- 5-minute walk to Armory Park
About This Home
As of May 2025This inviting 1.5 story home offers tremendous potential with its classic charm and spacious outdoor areas. Featuring two cozy bedrooms and a full bathroom, the home is perfect for those looking to create their dream space. The large backyard and side yard provide plenty of room for outdoor activities or future landscaping projects. This is an excellent opportunity for someone looking to invest in a fixer-upper. Unfinished basement and walk up unfinished attic offer additional storage and possibilities providing even more potential to make the space your own. Located near schools and easy access to local amenities. This property presents the opportunity to bring your vision to life!
Last Agent to Sell the Property
Coldwell Banker Realty License #475144230 Listed on: 11/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,212
Year Built
- Built in 1946
Home Design
- Cape Cod Architecture
- Brick or Stone Mason
Interior Spaces
- 1,170 Sq Ft Home
- 1.5-Story Property
- Family Room
- Living Room
- Dining Room
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- Driveway
- Uncovered Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2025
Closed on
May 8, 2025
Sold by
Mena Omar Arturo Murillo
Bought by
Cox Jordan A and Cox Carol
Seller's Agent
David Ayabarreno
RE/MAX Plaza
Buyer's Agent
Hal Ahmed
Paul Luxury Homes, LLC
List Price
$239,000
Sold Price
$243,000
Premium/Discount to List
$4,000
1.67%
Views
137
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.22%
Original Mortgage
$235,710
Outstanding Balance
$235,710
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
-$10,017
Purchase Details
Listed on
Nov 24, 2024
Closed on
Dec 18, 2024
Sold by
Lsf9 Master Participation Trust and Us Bank Trust Na
Bought by
Mena Omar Arturo Muril
Seller's Agent
Patti Furman
Coldwell Banker Realty
Buyer's Agent
David Ayabarreno
RE/MAX Plaza
List Price
$134,900
Sold Price
$156,000
Premium/Discount to List
$21,100
15.64%
Views
156
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
299.49%
Purchase Details
Closed on
Feb 2, 2018
Sold by
Daniels J D and City Of Waukegan
Bought by
U S Bank Trust N A and Lsf9 Master Participation Trust
Similar Homes in Waukegan, IL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $243,000 | None Listed On Document | |
| Special Warranty Deed | $156,000 | None Listed On Document | |
| Sheriffs Deed | $106,664 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $235,710 | New Conventional | |
| Previous Owner | $85,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | Sold | $243,000 | +1.7% | $162 / Sq Ft |
| 04/07/2025 04/07/25 | Pending | -- | -- | -- |
| 03/05/2025 03/05/25 | For Sale | $239,000 | +53.2% | $159 / Sq Ft |
| 01/13/2025 01/13/25 | Sold | $156,000 | +15.6% | $133 / Sq Ft |
| 12/15/2024 12/15/24 | Pending | -- | -- | -- |
| 11/24/2024 11/24/24 | For Sale | $134,900 | -- | $115 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,247 | $49,815 | $7,373 | $42,442 |
| 2023 | $4,247 | $45,039 | $6,666 | $38,373 |
| 2022 | $4,212 | $43,084 | $5,349 | $37,735 |
| 2021 | $4,027 | $38,624 | $4,676 | $33,948 |
| 2020 | $4,079 | $35,983 | $4,356 | $31,627 |
| 2019 | $3,469 | $27,863 | $3,992 | $23,871 |
| 2018 | $3,008 | $23,828 | $5,022 | $18,806 |
| 2017 | $3,021 | $21,081 | $4,443 | $16,638 |
| 2016 | $2,831 | $18,319 | $3,861 | $14,458 |
| 2015 | $2,770 | $16,396 | $3,456 | $12,940 |
| 2014 | $3,028 | $17,900 | $3,833 | $14,067 |
| 2012 | $3,753 | $19,393 | $4,153 | $15,240 |
Source: Public Records
Agents Affiliated with this Home
-
David Ayabarreno
Seller's Agent in 2025
David Ayabarreno
RE/MAX Plaza
(847) 542-4592
4 in this area
103 Total Sales
-
Patti Furman
Seller's Agent in 2025
Patti Furman
Coldwell Banker Realty
(847) 724-5800
1 in this area
221 Total Sales
-
Hal Ahmed
Buyer's Agent in 2025
Hal Ahmed
Paul Luxury Homes, LLC
(630) 802-1798
1 in this area
166 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12216297
APN: 08-17-403-015
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