NOT LISTED FOR SALE

136 E Liberty St Wauconda, IL 60084

Estimated Value: $231,000 - $284,000

3 Beds
2 Baths
1,900 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $155,000 $82 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,882/month

18 Days on Market

About This Home

As of May 2021

Turnkey investment opportunity in downtown Wauconda. Tear-off roof replaced in 2020 on home and garage. Main floor and second floor units with detached 31'x24' heated/cooled garage + parking for 5 cars. Main floor unit is 1 bed/1 bath with eat-in kitchen and living room. Second floor unit is 2 beds/1 bath with living room, dining room and office space. Storage room off the shared laundry/mechanical area is currently being used on a bedroom for the second floor tenants. NEW furnaces and AC units in November 2020 for both units. Carpet replaced in both units 2019. Current owner was using the garage for personal storage - no tenant use. Garage walls recently painted and floor epoxy coated. Add use of garage for tenants and increase rents or rent out the garage for car/boat storage for added income source. Tenants can enjoy Bangs Lake, the Farmer's Market and all local boutiques and restaurants within walking distance of their home. As Is sale.

Last Agent to Sell the Property

Allyson Campbell

Compass License #475169046 Listed on: 03/29/2021

Compass

Last Buyer's Agent

Paul Paterakis

RE/MAX Plaza License #475100932

RE/MAX Plaza

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • 9,017

Parking

  • Detached Garage
  • Heated Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned
  • Unassigned Parking

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Additional Features

  • Crawl Space
  • Heating System Uses Gas

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

9,017 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1920
  • Type Multi: 2 Flat
  • Trash Expense Year: 2020
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Number Of Rooms: 8
  • Equipment: Multiple Water Heaters
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 8
  • Parking: Garage, Space/s
  • Parking Details: Unassigned, Driveway
  • Number Parking Spaces: 5
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas
  • Water Expense: 1440

Fee Information

  • Insurance Expense: 1070
  • Scavenger Fee: 1020

Schools

  • Junior High Dist: 118

Lot Info

  • Lot Dimensions: 9013
  • Parcel Identification Number: 09253030010000

Rental Info

  • Total Rental Income: 22800

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 2

Tax Info

  • Taxes: 6142.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2024
Sold by
Asmmj Llc
Bought by
Flagship Development Llc
Current Estimated Value
$260,893

Purchase Details

Listed on
Mar 29, 2021
Closed on
May 5, 2021
Sold by
Mehrholz Lynn and Lynn Mehrholz Living Trust
Bought by
Asmmj Llc
Seller's Agent
Allyson Campbell
Compass
Buyer's Agent
Paul Paterakis
RE/MAX Plaza
List Price
$229,000
Sold Price
$155,000
Premium/Discount to List
-$74,000
-32.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%

Purchase Details

Closed on
Oct 24, 2018
Sold by
Mehrholz Sandra T
Bought by
Mehrholz Lynn and Lynn Mehrholz Living Trust

Purchase Details

Closed on
Jun 26, 2003
Sold by
Mehrholz Lynn and Mehrholz Sandra
Bought by
Mehrholz Lynn and Mehrholz Sandra T

Purchase Details

Closed on
Feb 27, 2002
Sold by
Halloran John F and Halloran Sandra J
Bought by
Mehrholz Lynn and Mehrholz Sandra

Purchase Details

Closed on
Jun 17, 1998
Sold by
Jennings Dorothy H
Bought by
Halloran John F and Halloran Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
7.15%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flagship Development Llc -- None Listed On Document
Asmmj Llc $155,000 First American Title
Mehrholz Lynn -- Attorney
Mehrholz Lynn -- --
Mehrholz Lynn $160,000 Chicago Title Insurance Co
Halloran John F $90,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halloran John F $32,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 Sold $155,000 0.0% $82 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/13/2021 04/13/21 Off Market $155,000 -- --
04/12/2021 04/12/21 For Sale $229,000 0.0% $121 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $229,000 -- $121 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,450 $71,816 $20,517 $51,299
2023 $6,963 $65,645 $18,754 $46,891
2022 $6,963 $63,809 $16,749 $47,060
2021 $6,674 $60,294 $15,826 $44,468
2020 $6,371 $56,422 $15,084 $41,338
2019 $5,675 $53,324 $14,256 $39,068
2018 $5,375 $46,707 $17,178 $29,529
2017 $5,371 $46,167 $16,979 $29,188
2016 $5,067 $43,719 $16,079 $27,640
2015 $4,799 $40,135 $14,761 $25,374
2014 $4,781 $40,221 $16,256 $23,965
2012 $3,997 $66,455 $16,549 $49,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11001521

Midwest Real Estate Data (MRED)

APN: 09-25-303-001

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