NOT LISTED FOR SALE

149 E Mill St Wauconda, IL 60084

Estimated Value: $878,000

42 Beds
21 Baths
935 Sq Ft
$939/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $599,900 $642 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,732/month

36 Days on Market

About This Home

As of July 2016

BANGS LAKE WATERFRONT!!! 6 Unit Building w/Gorgeous Views from Every Unit! Large Yard, Pier & Beach. Perfect Set Up! All Units Are Move In Ready & Include Large Balconies Overlooking the Lake. possibility of boat slips, renting space for kayaks and canoes, renting out beach house for private parties, coin operated laundry room. Location and Condition make this a Great Investment. Call List Agent for Additional Information.

Last Agent to Sell the Property

Sean Ryan

Ryan and Company REALTORS, Inc License #471000955 Listed on: 05/18/2016

Last Buyer's Agent

Paul Paterakis

RE/MAX Plaza License #475100932

RE/MAX Plaza

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,755

Year Built

  • Built in 1984

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 63x298x65x283

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 42 Bedrooms
  • 21 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $18,755
  • Gross Income $84,900
  • Net Operating Income $66,144

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,755

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1984
  • Built Before 1978 (Y/N): No
  • Information: Show-Call Listing Office
  • Estimated Age: 26-35 Years
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 21
  • Total Bedrooms: 42
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Room: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Misc Outside: Balcony/ies,Courtyard,Sun Deck

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Heat/Ventilation: Electric

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.41
  • Lot Dimensions: 63X298X65X283
  • Zoning: MULTI
  • Land Amenities: Dock-Community
  • Alternate Phone Number: (847) 361-7926

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 66144
  • GrossIncome: 84900
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 18755
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 18755.23
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2002
Sold by
Taylor Michele A
Bought by
Fifth Third Bank Chicago and Trust #88-110
Current Estimated Value
$878,000

Purchase Details

Closed on
Nov 9, 2001
Sold by
Fifth Third Bank Chicago
Bought by
Taylor Michele A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 1996
Sold by
Taylor Michele A
Bought by
Grand National Bank and Wauconda National Bank & Trust Co

Purchase Details

Closed on
Aug 3, 1995
Sold by
Grand National Bank
Bought by
Taylor Michele A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fifth Third Bank Chicago -- --
Taylor Michele A -- --
Grand National Bank -- --
Taylor Michele A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Michele A $250,000
Previous Owner Taylor Michele A $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $599,900 +50100.8% $642 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
06/16/2016 06/16/16 Rented $1,195 0.0% --
06/03/2016 06/03/16 Under Contract -- -- --
05/23/2016 05/23/16 Price Changed $1,195 0.0% $1 / Sq Ft
05/18/2016 05/18/16 For Sale $599,900 0.0% $642 / Sq Ft
05/16/2016 05/16/16 For Rent $1,200 -- --
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 $25,583 $284,843 $90,896 $193,947
2023 $25,749 $260,368 $83,086 $177,282
2022 $25,749 $235,980 $71,955 $164,025
2021 $24,681 $222,980 $67,991 $154,989
2020 $23,980 $212,524 $64,803 $147,721
2019 $21,375 $200,855 $61,245 $139,610
2018 $21,882 $190,225 $61,996 $128,229
2017 $22,037 $188,025 $61,279 $126,746
2016 $17,670 $178,054 $58,029 $120,025
2015 $18,231 $200,855 $53,272 $147,583
2014 $18,249 $153,527 $56,583 $96,944
2012 $17,659 $156,294 $57,603 $98,691
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09233875

Midwest Real Estate Data (MRED)

APN: 09-25-301-069