NOT LISTED FOR SALE

Estimated Value: $175,000 - $253,000

5 Beds
2 Baths
2,124 Sq Ft
$103/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $185,000 $87 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,468/month

54 Days on Market

About This Home

As of January 2022

Baby, this is what you came for! Check out this BEAUTIFUL and well maintained READY TO PRODUCE INCOME 2 unit right in the heart of Waukegan! Investors AND homeowners! You can not go wrong with this one! This lovely 2 story 2 unit has been cared for like you won't believe! Yes, she's over 100 years old but she doesn't look or act like it! Current owner has done so many upgrades! This current rental property features a 2 car garage with new roof and new garage doors done in 2020. Everything is separate, even the garage doors! There is also an extra long redone driveway with black asphalt that was done in 2019 that carries more space for even more vehicles to park! The property also has a new roof that was done in 2020 that comes with a 35 year warranty! The basement walls were replastered for a fresh look in 2020! ( It has NEVER flooded!) The newer windows throughout entire property (2010) will give you peace of mind and will be something you won't have to worry about. Who likes old windows? Yuck. 2 AC UNITS for central air in each unit to keep you cool on these hot summer days! 2 water heaters, one for each unit! New flush on the chimney. Tenants currently pay Separate utilities (gas and light) Current landlord only pays water. No carpet! All new flooring throughout! Kitchen in the 1st unit was updated as well with new counter top and backsplash. As of August 2021, the 2nd floor unit has been freshly painted and is vacant! This home also has a transferable rental license for the rest of 2021. Always up to code with city of Waukegan! Come view this awesome investment today! *listing agent is related to seller* SOLD AS IS conventional cash only

Last Agent to Sell the Property

Alyssa Pimentel

Compass License #475175398 Listed on: 10/05/2021

Compass

Last Buyer's Agent

Vanessa Peterson

Chicagoland Brokers Inc. License #471021423

Chicagoland Brokers Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,548

Year Built

  • Built in 1915 | Remodeled in 2019

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,548

Year Built

Built in 1915 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Room Type: Foyer
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Garage/Space,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space,Range Hood,Walk-In Closet

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 182900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Assigned
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s)
  • 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: Natural Gas
  • Water Source: Lake Michigan, Public

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 2124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4548.34
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Dec 23, 2021
Sold by
Pimentel Rosalinda L and Pimentel Jose L
Bought by
Almanza Julian X
Seller's Agent
Alyssa Pimentel
Compass
Buyer's Agent
Vanessa Peterson
Chicagoland Brokers Inc.
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$218,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,263
Avg. Annual Appreciation
6.02%
Original Mortgage
$166,500
Interest Rate
3.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Almanza Julian X $185,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Almanza Julian X $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $185,000 0.0% $87 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $185,000 -- $87 / 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 $3,791 $55,315 $7,445 $47,870
2023 $4,894 $48,203 $6,110 $42,093
2022 $4,894 $50,063 $5,285 $44,778
2021 $4,462 $42,795 $4,536 $38,259
2020 $4,519 $39,869 $4,226 $35,643
2019 $4,548 $36,533 $3,872 $32,661
2018 $3,277 $25,348 $4,384 $20,964
2017 $3,190 $22,426 $3,879 $18,547
2016 $3,012 $19,488 $3,371 $16,117
2015 $2,946 $17,442 $3,017 $14,425
2014 $3,431 $20,278 $3,068 $17,210
2012 $4,252 $21,968 $3,323 $18,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11238561

Midwest Real Estate Data (MRED)

APN: 08-21-301-028