NOT LISTED FOR SALE

Estimated Value: $920,688

2 Beds
1 Bath
750 Sq Ft
$1,228/Sq Ft Est. Value

Highlights

  • Elevator
  • Halls are 36 inches wide or more
  • Central Air
  • More Than Two Accessible Exits
  • Accessibility Features
  • 2-minute walk to Art Park

About This Home

As of March 2024

4th Floor apartment unit. Hardwood floors, Master bedroom with Walk in closet, Laundry in unit. Tenant pays electric only, saving a ton of money! Heat and central air are included in rent, saving even more money! Very safe and secure building with maintenance person on site. Key fob access system secures the building from unwanted visitors. Elevator in building, convenient parking 100 feet from the building.

Last Agent to Rent the Property

Dale Shae

The Sheridan Group License #471004395 Listed on: 02/13/2024

Last Renter's Agent

Dale Shae

The Sheridan Group License #471004395 Listed on: 02/13/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,550

Year Built

  • Built in 1900 | Remodeled in 2005

Lot Details

  • Lot Dimensions are 27 x 104
  • Irregular Lot

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 750 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Accessible Home Design

  • Halls are 36 inches wide or more
  • Accessibility Features
  • More Than Two Accessible Exits

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Security Deposit $1,500
  • Property Available on 3/1/24
  • Rent includes heat, water
  • 12 Month Lease Term

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • 4 Units
  • Elevator

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,550

Year Built

Built in 1900 | Remodeled in 2005

Lot Details

0

Rental Info

  • Available Date: 2024-03-01
  • Lease Term: 12 Months
  • Board Number: 2
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1300
  • Security Deposit: 1500
  • Is Parking Included in Price: No
  • Fees/Approvals: Credit Report,Move-in Fee

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Property Sub-Type: Attached
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Non-Smoking Building
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Unit Floor Level: 4
  • Rehab Year: 2005
  • Rebuilt Year: 2005
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Renovated: 2005

Interior Features

  • Basement: None
  • Accessibility Features: Two or More Access Exits, Hall Width 36 Inches or More
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Furnished: No
  • LivingArea: 750
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Lot Features: Irregular Lot
  • Roof: Metal, Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 2
  • Parking Features: Off Street, Parking Lot
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: No
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Elevator(s), Private Laundry Hkup
  • Rent Includes: Heat, Water
  • Management: Manager On-site,Self-Management

Lot Info

  • Lot Dimensions: 27 X 104

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2012
Sold by
Shea Dale R and Rabine Gary T
Bought by
Arsi Llc
Current Estimated Value
$920,688

Purchase Details

Closed on
Jul 15, 2008
Sold by
Little Fort Properties Llc
Bought by
Shea Dale R and Rabine Gary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,000
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2004
Sold by
City Of Waukegan
Bought by
Little Fort Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Arsi Llc -- None Available
Shea Dale R $600,000 None Available
Little Fort Properties Llc -- Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shea Dale R $697,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2024 03/20/24 Rented $1,250 -3.8% --
02/27/2024 02/27/24 Price Changed $1,300 -13.3% $2 / Sq Ft
02/13/2024 02/13/24 For Rent $1,500 -- --
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 $11,550 $128,109 $7,142 $120,967
2023 $11,833 $122,491 $6,829 $115,662
2022 $11,833 $121,044 $6,504 $114,540
2021 $12,510 $119,988 $6,447 $113,541
2020 $14,976 $131,269 $6,034 $125,235
2019 $14,976 $120,287 $5,529 $114,758
2018 $15,337 $118,628 $5,454 $113,174
2017 $14,929 $104,952 $4,825 $100,127
2016 $14,093 $91,199 $4,193 $87,006
2015 $13,788 $81,625 $3,753 $77,872
2014 $17,955 $106,129 $3,800 $102,329
2012 $20,944 $114,980 $4,118 $110,862
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11977565

Midwest Real Estate Data (MRED)

APN: 08-21-419-009