NOT LISTED FOR SALE

Estimated Value: $273,815

4 Beds
2 Baths
2,972 Sq Ft
$92/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $220,000 $74 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,033/month

Highlights

  • 2 Car Detached Garage
  • Home Security System
  • Wood Fence
  • Enclosed patio or porch
  • Forced Air Heating System

About This Home

As of March 2023

Welcome to 115 N. Jackson st. near downtown Waukegan, Il! This Charming, mature, BRICK, 2 flat home is perfect for someone who may want to generate INCOME! Or, use the entire 2972 sq. feet of living space for themselves! Do you love a home with "character"? This home has it! Featuring 2 bedrooms, 1 bath PLUS an extra room for your ideas (office space? plant room? your call!), a full dining room AND spacious living room with a wood burning fireplace in EACH UNIT, you will be sure to see the potential! Separate entrances in each unit, separate laundry rooms, and separate utilities make this a great property to build your investment portfolio! Newer vinyl flooring and updated bathroom in the 1st unit (main floor). This property has 2 a/c units and water heaters with a newer A/C unit and water heater within the past 2 years! All utilities are separate. A long driveway leads to a 2 car garage and patio area. The fenced in backyard is great for privacy. This tudor style home may look like a single family from the outside but walk into so much more than that! A full unfinished basement welcomes storage space for you. Conventional/cash only loans. Sold AS IS. Schedule your showing today!

Last Listed By

Alyssa Pimentel

Compass License #475175398 Listed on: 01/28/2023

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,633

Year Built

  • Built in 1929

Lot Details

  • 5,227 Sq Ft Lot
  • Wood Fence
  • Wire Fence

Parking

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

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,633

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Year Built: 1929
  • Age: 91-100 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: Security System
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished,Concrete Block
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Fireplace-Wood,Garage/Space,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Fireplace-Wood,Garage/Space,Laundry Hook-Up

Exterior Features

  • Foundation Details: Block, Concrete Perimeter
  • List Price: 245000
  • Lot Features: Sidewalks, Wood Fence, Woven Wire Fence
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 2
  • Number of Cars: 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, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 5280
  • Zoning: LNC
  • 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: 5632.86
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2023
Closed on
Mar 2, 2023
Sold by
Matus Alberto
Bought by
Morales Marco A and Arenas Figueroa Dalia
Seller's Agent
Alyssa Pimentel
Compass
Buyer's Agent
Sue Dunnigan
@properties Christie's International Real Estate
List Price
$245,000
Sold Price
$220,000
Premium/Discount to List
-$25,000
-10.2%
Total Days on Market
0
Views
15
Current Estimated Value
$273,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,815
Avg. Annual Appreciation
10.66%
Original Mortgage
$187,000
Outstanding Balance
$182,594
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
$91,221

Purchase Details

Closed on
Jun 24, 2003
Sold by
Sanchez Cesar and Matus Alberto
Bought by
Matus Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,608
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2002
Sold by
Gillispie Goldie L
Bought by
Sanchez Cesar and Matus Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,605
Interest Rate
6.07%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 1996
Sold by
Hogan Leo
Bought by
Gillispie Goldie L

Purchase Details

Closed on
Nov 30, 1995
Sold by
Radovic Branko
Bought by
Gillispie Goldie L and Hogan Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,014
Interest Rate
7.45%
Mortgage Type
FHA

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
Morales Marco A $220,000 Chicago Title
Matus Alberto -- --
Sanchez Cesar $155,000 First American Title
Gillispie Goldie L -- --
Gillispie Goldie L $114,000 Blackhawk Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Marco A $187,000
Previous Owner Matus Alberto J $25,000
Previous Owner Matus Alberto $159,608
Previous Owner Sanchez Cesar $152,605
Previous Owner Gillispie Goldie L $112,014
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $220,000 -10.2% $74 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/28/2023 01/28/23 For Sale $245,000 -- $82 / 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 $6,179 $59,967 $6,687 $53,280
2022 $6,179 $63,210 $5,784 $57,426
2021 $5,633 $54,029 $4,966 $49,063
2020 $5,706 $50,334 $4,626 $45,708
2019 $5,742 $46,123 $4,239 $41,884
2018 $4,809 $37,196 $5,759 $31,437
2017 $4,681 $32,908 $5,095 $27,813
2016 $4,419 $28,595 $4,427 $24,168
2015 $4,323 $25,593 $3,962 $21,631
2014 $3,961 $28,952 $3,068 $25,884
2012 $5,130 $31,366 $3,323 $28,043
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11708911

Midwest Real Estate Data (MRED)

APN: 08-21-304-005