NOT LISTED FOR SALE

115 N Butrick St Waukegan, IL 60085

Estimated Value: $145,000 - $178,429

2 Beds
2 Baths
1,435 Sq Ft
$114/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $119,000 $83 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,218/month

13 Days on Market

Highlights

  • Waterfront
  • 1 Car Detached Garage
  • Heating System Uses Natural Gas
  • Den
  • Paved or Partially Paved Lot
  • 4-minute walk to Ni-Ridge Park

About This Home

As of February 2022

CASH COW!!! $16,800 A YEAR IN INCOME. 2 UNITS WITH LONG TERM TENANTS. 2 BEDROOMS PLUS AN OFFICE. CLEAN EASY TURNKEY OPERATION. TENANTS PAY FOR THEIR OWN GAS AND ELECTRIC, SEPARATE METERS. LANDLORD PAYS FOR WATER AND GARBAGE PICK UP. PARKING FOR 6 TO 10 CARS IN THE DRIVEWAY. BOTH UNITS ARE ON MONTH-TO-MONTH LEASES. CONVENTIONAL LOAN OR CASH OFFERS ONLY, NO FHA.

Last Listed By

Mike Najarian

NCL Realty, INC. License #471002448 Listed on: 12/20/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,970

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 40 x 125
  • Waterfront
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Den
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,970

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • 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: 2
  • Room Type: Den
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 129900
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 9
  • 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, Electric
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Dimensions: 40 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 16800
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3969.96
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2023
Sold by
Rivera Edy
Bought by
Del Carmen Hosuing Llc Series 115 N Butrick
Total Days on Market
13
Current Estimated Value
$163,357

Purchase Details

Listed on
Dec 20, 2021
Closed on
Feb 7, 2022
Sold by
115 Butrick Llc
Bought by
Rivera Edy
Seller's Agent
Mike Najarian
NCL Realty, INC.
Buyer's Agent
Terrence Muse
RE/MAX Vision 212
List Price
$129,900
Sold Price
$119,000
Premium/Discount to List
-$10,900
-8.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%

Purchase Details

Closed on
Aug 8, 2019
Sold by
115 Butrick Llc
Bought by
115 Butrick Llc

Purchase Details

Closed on
Jun 16, 2009
Sold by
Merlock Kathryn V
Bought by
115 Butrick Llc

Purchase Details

Closed on
Sep 22, 2008
Sold by
Hud
Bought by
Merlock Kathryn V

Purchase Details

Closed on
Jun 19, 2007
Sold by
Ramirez Jose Alfredo
Bought by
Hud

Purchase Details

Closed on
Dec 13, 2004
Sold by
Acosta Zahara
Bought by
Ramirez Jose Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,766
Interest Rate
5.83%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2001
Sold by
Lopez Roger F
Bought by
Ramirez Jose Alfredo and Acosta Zahra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,852
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 1996
Sold by
Hernandez Andres and Hernandez Estela
Bought by
Lopez Roger F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,290
Interest Rate
8.23%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

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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
Del Carmen Hosuing Llc Series 115 N Butrick -- None Listed On Document
Rivera Edy $119,000 Chicago Title
115 Butrick Llc -- Attorney
115 Butrick Llc -- None Available
Merlock Kathryn V -- Stewart Title Company
Hud $163,131 None Available
Ramirez Jose Alfredo -- Stewart Title Company
Ramirez Jose Alfredo $139,000 First American Title
Lopez Roger F $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merlock Kathryn $60,000
Previous Owner Ramirez Jose Alfredo $146,766
Previous Owner Ramirez Jose Alfredo $142,000
Previous Owner Ramirez Jose Alfredo $136,852
Previous Owner Lopez Roger F $97,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2022 02/07/22 Sold $119,000 -8.4% $83 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/20/2021 12/20/21 For Sale $129,900 -- $91 / 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
2023 $3,759 $41,258 $6,812 $34,446
2022 $3,759 $38,449 $6,210 $32,239
2021 $3,919 $37,593 $5,850 $31,743
2020 $3,970 $35,022 $5,450 $29,572
2019 $3,995 $32,092 $4,994 $27,098
2018 $3,344 $25,866 $5,890 $19,976
2017 $3,280 $22,884 $5,211 $17,673
2016 $3,073 $19,885 $4,528 $15,357
2015 $3,006 $17,798 $4,053 $13,745
2014 $3,292 $19,461 $3,577 $15,884
2012 $4,081 $21,084 $3,876 $17,208
Source: Public Records

Agents Affiliated with this Home

  • Mike Najarian

    Seller's Agent in 2022

    Mike Najarian

    NCL Realty, INC.

    (847) 401-3700

    107 Total Sales

    Mike Najarian
    Section Image
  • Terrence Muse

    Buyer's Agent in 2022

    Terrence Muse

    RE/MAX

    (847) 571-4392

    246 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11292262

Midwest Real Estate Data (MRED)

APN: 08-20-410-002

Illinois Lake County Waukegan 60085

115 N Butrick St, Waukegan, IL

Homes for Sale in Waukegan, IL

This home is located at 115 N Butrick St, Waukegan, IL 60085 since 20 December 2021 and is currently estimated at $163,357, approximately $113 per square foot. This property was built in 1920. 115 N Butrick St is a home located in Lake County with nearby schools including Hyde Park Elementary School, Miguel Juarez Middle School, and Waukegan High School.

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