NOT LISTED FOR SALE

1201 Fairfield Rd Wauconda, IL 60084

Estimated Value: $570,000

6 Beds
4 Baths
-- Sq Ft
0.75 Acres

Last Sold August 16, 2023

Last sale price $505,000

Est. 13% increase in value since last sale

Current estimated payment $3,853/month

39 Days on Market

Highlights

  • 0.75 Acre Lot
  • Farmhouse Style Home
  • Forced Air Heating System
  • Fremont Intermediate School Rated A-

About This Home

As of August 2023

4-unit apartments in this conversion building-two 1BR and two 2BR. Separate outdoor entrances for all units. All units separately metered for electric and gas. Separate furnaces and water heaters. Upper units have central air. Both parcels 10-19-200-003 and 10-19-200-015 are being sold together as one 2.9-acre property. Both parcels back to Lake County Forest Preserve with a recorded Easement for the dedicated Horse trail. Check out the video for a spectacular view! *This property is also listed as Vacant Land/MLS#11796887 and has 2 PINs 1019200003 & 1019200015. Parcels conveyed together*

Last Agent to Sell the Property

Peter Nicieja

Compass License #475194202 Listed on: 06/01/2023

Compass

Co-Listed By

David Gust

Century 21 Gust Realty License #471000200

Last Buyer's Agent

Herbert Straus

Keller Williams Thrive License #475146106

Keller Williams Thrive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,368

Year Built

  • Built in 1947

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 317x362x135x200x100x320x30x265
  • Additional Parcels

Home Design

  • Farmhouse Style Home
  • Slab Foundation

Interior Spaces

  • 4-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Parking Lot
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Fremont Elementary School
  • Fremont Middle School
  • Mundelein Cons High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Private or Community Septic Tank

Community Details

  • 4 Units
  • Gross Income $54,010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,368

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1947
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Rebuilt Year: 2015
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • Room: 4

Exterior Features

  • List Price: 560000
  • Waterfront: No
  • Exterior Building Type: Cedar,Stone

Garage/Parking

  • Parking Features: Unassigned, Parking Lot
  • ParkingTotal: 8
  • Number of Cars: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private
  • Heating: Natural Gas, Forced Air
  • Water Source: Private Well

Schools

  • Elementary School: Fremont Elementary School
  • High School: Mundelein Cons High School
  • Middle/Junior School: Fremont Middle School
  • Middle/Junior School District: 79

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.75
  • Lot Dimensions: 317X362X135X200X100X320X30X265
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 54010
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Story Unit/s

Tax Info

  • Tax Annual Amount: 12368.02
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Vernon E Risty Revocable Trust and Risty Vernon E
Bought by
Verco Re Holdings Llc
Current Estimated Value
$570,000

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 16, 2023
Sold by
Lumsden James W and Lumsden Barbara
Bought by
Vernon E Risty Revocable Trust and Risty
Seller's Agent
Peter Nicieja
Compass
Buyer's Agent
Herbert Straus
Keller Williams Thrive
List Price
$560,000
Sold Price
$505,000
Premium/Discount to List
-$55,000
-9.82%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%

Purchase Details

Closed on
Nov 18, 2004
Sold by
Breeden Margaret E
Bought by
Lumsden James W

Purchase Details

Closed on
Jan 27, 1998
Sold by
The Northern Trust Company
Bought by
Breeden Richard G and Breeden Margaret

Purchase Details

Closed on
Jan 16, 1996
Sold by
Cole Taylor Bank
Bought by
Breeden Richard G
Source: Public Records

Range of Values:

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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
Verco Re Holdings Llc -- None Listed On Document
Vernon E Risty Revocable Trust $505,000 Attorneys Title Guaranty Fund
Lumsden James W $400,000 Chicago Title Insurance Comp
Lumsden James W -- Chicago Title Insurance Comp
Breeden Richard G -- --
Breeden Richard G -- Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2023 08/16/23 Sold $505,000 -9.8% --
07/11/2023 07/11/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $560,000 -- --
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 $10,359 $118,391 $35,720 $82,671
2023 $8,754 $108,477 $32,729 $75,748
2022 $8,754 $89,218 $34,723 $54,495
2021 $8,453 $86,093 $33,507 $52,586
2020 $8,222 $83,724 $32,585 $51,139
2019 $8,222 $80,971 $31,514 $49,457
2018 $8,070 $81,108 $31,568 $49,540
2017 $7,981 $78,555 $30,574 $47,981
2016 $7,725 $74,608 $29,038 $45,570
2015 $7,483 $69,943 $27,222 $42,721
2014 $7,434 $69,327 $26,982 $42,345
2012 $6,975 $69,943 $27,222 $42,721
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11796883

Midwest Real Estate Data (MRED)

APN: 10-19-200-003