NOT LISTED FOR SALE

1318 Chestnut St Waukegan, IL 60085

Estimated Value: $264,000 - $332,000

6 Beds
3 Baths
3,186 Sq Ft
$96/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $150,000 $47 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,341/month

70 Days on Market

Highlights

  • English Architecture
  • Heating System Uses Steam
  • Senior Freeze Tax Exemptions
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot

About This Home

As of January 2019

Bring Offer, Spacious 2 unit. Hardwoods floors throughout. Fireplace in each unit with spacious dining rooms. Updated bathroom tile. 3 bedroom 1 bath per unit. Possible in-law suite in lower level walkout with kitchen and bath. Shower in the basement, with laundry room, plus 1/2 bth and room for 2 Bedrooms, with front and side entrances. Detached 2 car garage. Separate electric meters with 1 boiler and 1 gas meter. Great rental potential and ready for your updates. Needs a little work, great exterior, and newer windows. Needs kitchen update but livable and functional. Sold as is.

Last Agent to Sell the Property

Stephen Snarski

HomeSmart Connect License #475181872 Listed on: 09/17/2018

HomeSmart Connect

Co-Listed By

Marty Golden

HomeSmart Connect LLC License #471003122

Last Buyer's Agent

Lupe Lara

Century 21 Circle License #475133182

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,683

Year Built

  • Built in 1930

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x160x50x160
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • English Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,683

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: English
  • New Construction: No
  • Year Built: 1930
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 169500
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 50X160X50X160
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5683
  • Tax Year: 2017
  • Tax Exemptions: Homeowner,Senior Freeze

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

Closed on
Jun 13, 2024
Sold by
Corrales Martin A and Corrales Toireasa
Bought by
Matl Investments Llc
Total Days on Market
70
Current Estimated Value
$307,142

Purchase Details

Listed on
Sep 17, 2018
Closed on
Dec 12, 2018
Sold by
Meara Joyce S O
Bought by
Corrales Toireasa and Corrales Martin A
Seller's Agent
Stephen Snarski
HomeSmart Connect
Buyer's Agent
Lupe Lara
Century 21 Circle
List Price
$169,500
Sold Price
$150,000
Premium/Discount to List
-$19,500
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$112,500
Interest Rate
6%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Matl Investments Llc -- First American Title
Corrales Toireasa $150,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corrales Toireasa $112,500
Previous Owner Omeara Dolores A $132,500
Previous Owner Omeara Dolores A $60,000
Previous Owner Omeara Dolores A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $150,000 -11.5% $47 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $169,500 0.0% $53 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
10/12/2018 10/12/18 Price Changed $169,500 -10.3% $53 / Sq Ft
09/17/2018 09/17/18 For Sale $189,000 -- $59 / 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 $7,487 $88,038 $10,792 $77,246
2023 $5,776 $79,397 $9,732 $69,665
2022 $5,776 $59,081 $7,987 $51,094
2021 $6,106 $58,565 $7,917 $50,648
2020 $6,185 $54,561 $7,376 $47,185
2019 $4,873 $49,996 $6,759 $43,237
2018 $5,890 $57,251 $9,567 $47,684
2017 $5,683 $50,651 $8,464 $42,187
2016 $5,102 $44,014 $7,355 $36,659
2015 $4,796 $39,393 $6,583 $32,810
2014 $4,406 $36,196 $6,069 $30,127
2012 $6,021 $39,216 $6,576 $32,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10085863

Midwest Real Estate Data (MRED)

APN: 08-16-121-018