1222 North Ave Waukegan, IL 60085
Estimated Value: $187,454 - $193,000
3
Beds
2
Baths
1,280
Sq Ft
$149/Sq Ft
Est. Value
About This Home
As of April 20232-Unit home on a charming tree lined street. Live on the main floor and let the second floor tenants pay your mortgage. 1st floor features 2 bedrooms, 1 bath, large living/dining room combo with hardwood and built-ins, sunny enclosed front porch and private access to the full unfinished basement with ample storage, laundry and shower. 2nd floor unit with separate entrance, 1 bedroom, 1 bath, living room, kitchen, storage room and laundry. 2nd floor currently leased month-to-month with excellent tenants who wish to stay. Separate furnaces, hot water tanks, electric and gas meters. 1 car garage off alley and gravel parking area for 2 cars in back. Turnkey and cash flowing investment.
Last Agent to Sell the Property
Prello Realty License #471006989 Listed on: 01/27/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,844
Year Built
- Built in 1920
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 125 x 32
Parking
- 1 Car Detached Garage
- Parking Space is Owned
Home Design
- Frame Construction
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
Building Details
- Gross Income $26,400
- Net Operating Income $25,745
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2023
Closed on
Mar 24, 2023
Sold by
Craft Home Renovations Llc
Bought by
Garcia Eric
Seller's Agent
Robert Picciariello
Prello Realty
Buyer's Agent
Ruth Ramirez
US Homes Inc.
List Price
$185,000
Sold Price
$165,000
Premium/Discount to List
-$20,000
-10.81%
Total Days on Market
31
Views
312
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,364
Avg. Annual Appreciation
6.78%
Original Mortgage
$123,750
Outstanding Balance
$121,094
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$69,270
Purchase Details
Listed on
Jun 9, 2021
Closed on
Aug 13, 2021
Sold by
Ceisel Michael J
Bought by
Craft Home Renovations Llc
Seller's Agent
Martin Murray
Re/Max Premier
Buyer's Agent
Elizabeth Lita
Vylla Home
Sold Price
$129,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.23%
Original Mortgage
$90,930
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 12, 2011
Sold by
Ernest J Ceisel Revocable Trust
Bought by
Ceisel Michael J
Purchase Details
Closed on
Dec 10, 2011
Sold by
Ceisel Alan and Odriscoll Beth
Bought by
Ernest J Ceisel Revocable Trust
Purchase Details
Closed on
Dec 16, 2005
Sold by
Ceisel Michael J
Bought by
Ceisel Ernest
Purchase Details
Closed on
Aug 11, 2003
Sold by
Ceisel Mark S and Ceisel Karen H
Bought by
Ceisel Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
6.4%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 21, 1997
Sold by
Ceisel Mark S and Ceisel Karen H
Bought by
Ceisel Mark S and Ceisel Karen H
Similar Homes in Waukegan, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garcia Eric | $165,000 | None Listed On Document | |
| Craft Home Renovations Llc | $130,000 | Chicago Title | |
| Ceisel Michael J | -- | Chicago Title Insurance Co | |
| Ernest J Ceisel Revocable Trust | -- | Chicago Title Insurance Co | |
| Ceisel Ernest | $125,000 | Multiple | |
| Ceisel Michael J | $112,000 | Chicago Title Insurance Co | |
| Ceisel Mark S | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Garcia Eric | $123,750 | |
| Previous Owner | Craft Home Renovations Llc | $90,930 | |
| Previous Owner | Ceisel Michael J | $111,500 | |
| Previous Owner | Ceisel Mark S | $75,000 | |
| Closed | Ceisel Michael J | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2023 04/07/23 | Sold | $165,000 | -10.8% | $129 / Sq Ft |
| 02/28/2023 02/28/23 | Pending | -- | -- | -- |
| 01/27/2023 01/27/23 | For Sale | $185,000 | +42.4% | $145 / Sq Ft |
| 09/03/2021 09/03/21 | Sold | $129,900 | 0.0% | $101 / Sq Ft |
| 07/08/2021 07/08/21 | Pending | -- | -- | -- |
| 07/07/2021 07/07/21 | For Sale | -- | -- | -- |
| 06/16/2021 06/16/21 | Pending | -- | -- | -- |
| 06/09/2021 06/09/21 | For Sale | $129,900 | -- | $101 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,271 | $45,324 | $6,051 | $39,273 |
| 2023 | $4,210 | $45,297 | $5,417 | $39,880 |
| 2022 | $4,210 | $43,068 | $4,508 | $38,560 |
| 2021 | $3,845 | $36,877 | $4,021 | $32,856 |
| 2020 | $3,894 | $34,355 | $3,746 | $30,609 |
| 2019 | $3,919 | $31,481 | $3,433 | $28,048 |
| 2018 | $3,533 | $27,326 | $4,373 | $22,953 |
| 2017 | $3,439 | $24,176 | $3,869 | $20,307 |
| 2016 | $3,246 | $21,008 | $3,362 | $17,646 |
| 2015 | $3,176 | $18,802 | $3,009 | $15,793 |
| 2014 | $3,113 | $18,400 | $3,270 | $15,130 |
| 2012 | $3,858 | $19,934 | $3,543 | $16,391 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Picciariello
Seller's Agent in 2023
Robert Picciariello
Prello Realty
(312) 933-1591
1,192 Total Sales
-
Ruth Ramirez
Buyer's Agent in 2023
Ruth Ramirez
US Homes Inc.
(224) 656-2598
43 Total Sales
-
Martin Murray
Seller's Agent in 2021
Martin Murray
Re/Max Premier
(312) 656-4584
19 Total Sales
-
Elizabeth Lita
Buyer's Agent in 2021
Elizabeth Lita
Vylla Home
33 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11708335
APN: 08-16-307-014
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