NOT LISTED FOR SALE

1526 North Ave Waukegan, IL 60085

Estimated Value: $245,452 - $348,000

5 Beds
2 Baths
2,216 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $132,000 $60 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,040/month

7 Days on Market

About This Home

As of August 2016

North side of Waukegan! Legal 2 unit with separate utilities. Full basement, 2 car garage, porch and 2nd floor balcony, tandem third bedroom on 1st floor. Great condition with built-in tenants! Great investment, or live on one floor, rent the other. Not a short sale or foreclosure.

Last Agent to Sell the Property

Laura Forman

Compass License #475164743 Listed on: 06/28/2016

Compass

Last Buyer's Agent

Luis Fuentes

RE/MAX Plaza License #475112552

RE/MAX Plaza

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,866

Year Built

  • Built in 1930

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 53 x 160

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Webb And Jensens Subdivision, Multi Unit Floorplan

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,866

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
  • New Construction: No
  • Subdivision Name: WEBB AND JENSENS
  • Year Built: 1930
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 135000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

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
  • Water Source: Public

Schools

  • Middle/Junior School District: 60

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.19
  • Lot Dimensions: 53 X 160
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4865.83
  • Tax Year: 2015
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2016
Closed on
Aug 15, 2016
Sold by
J & G Properties Llc Series 1526 North
Bought by
Vargas Alvis and Guerrero David Alfonso
Seller's Agent
Laura Forman
Compass
Buyer's Agent
Luis Fuentes
RE/MAX Plaza
List Price
$135,000
Sold Price
$132,000
Premium/Discount to List
-$3,000
-2.22%
Total Days on Market
7
Current Estimated Value
$276,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,863
Avg. Annual Appreciation
8.75%

Purchase Details

Closed on
Mar 2, 2009
Sold by
Citibank Na
Bought by
J & G Properties Llc Series 1526 North

Purchase Details

Closed on
Aug 12, 2008
Sold by
Peter Richard M
Bought by
Citibank Na

Purchase Details

Closed on
Jul 13, 2005
Sold by
Brooks James D and Brooks Janice C
Bought by
Peter Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
8.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2001
Sold by
Brooks James and Brooks Janice L
Bought by
The Brooks Family Trust

Purchase Details

Closed on
Aug 31, 2001
Sold by
Wick Craig M
Bought by
Brooks James and Brooks Janice C

Purchase Details

Closed on
Jul 21, 1998
Sold by
Liberacki Daniel L and Liberacki Colleen M
Bought by
Wick Craig M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,871
Interest Rate
7.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 1995
Sold by
Liberacki Colleen M and Liberacki Daniel L
Bought by
Decl Colleen M and Decl Daniel
Source: Public Records

Similar Homes in Waukegan, IL

  • 619 N Jackson St, Waukegan, IL 60085

    $299,500

    • 5 Beds
    • 2 Baths
    • 619 N Jackson St
    • Waukegan, IL

    Welcome to this incredible 2-unit opportunity in Waukegan! Step into the first floor and discover a spacious layout featuring 3 bedrooms, 1 full bathroom, enclose porch for your enjoyment - perfect for comfortable everyday living. Upstairs, you'll find a move-in-ready second unit with 2 bedrooms, 1 bathroom, a cozy living room, and a dining area. Outside, enjoy a large parking area with plenty of

    Venny Rivera eXp Realty, LLC

    Section Image
  • 932 N Jackson St, Waukegan, IL 60085

    $279,900

    • 4 Beds
    • 3 Baths
    • 932 N Jackson St
    • Waukegan, IL

    Situated on an oversized corner lot, you'll discover this multi-unit gem. The sun-filled main unit features gorgeous hardwood floors, an entry parlor, living room and dining room. Two spacious bedrooms offer generous closet space. Kitchen leads to large deck overlooking the incredible yard. The additional 2 units are tenant-occupied for steady income. The jumbo fenced yard is ready for spring

    Deborah Evans Coldwell Banker Realty

    Section Image
  • 28 S Fulton Ave, Waukegan, IL 60085

    $245,000

    • 4 Beds
    • 2 Baths
    • 28 S Fulton Ave
    • Waukegan, IL

    Great income property. This occupied 2 unit has long time tenants that would like to stay! Main floor is 2 bedrooms with a huge dining room for entertaining. Full unfinished basement. Upstairs is 2 bedrooms, eat in kitchen, sitting area and baseboard electric heat.

    Michelle Battisfore Cornerstone Realty Group, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vargas Alvis $132,000 Ct
J & G Properties Llc Series 1526 North $86,000 First American Title
Citibank Na -- Premier Title
Peter Richard M $175,000 First American Title
The Brooks Family Trust -- Chicago Title Insurance Co
Brooks James $130,000 --
Wick Craig M $118,000 Chicago Title Insurance Co
Decl Colleen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Alvis $91,000
Previous Owner J & G Properties Llc Series 1526 North $50,487
Previous Owner J & G Properties Llc Series 1526 North $112,000
Previous Owner Peter Richard M $193,600
Previous Owner Peter Richard M $24,200
Previous Owner Peter Richard $17,000
Previous Owner Peter Richard M $178,400
Previous Owner Peter Richard M $33,450
Previous Owner Peter Richard M $180,000
Previous Owner Peter Richard M $157,500
Previous Owner Wick Craig M $116,871
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $132,000 -2.2% $60 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $135,000 -- $61 / 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 $5,899 $69,371 $11,014 $58,357
2023 $5,737 $62,563 $9,933 $52,630
2022 $5,737 $58,686 $8,961 $49,725
2021 $6,231 $59,766 $7,993 $51,773
2020 $6,312 $55,679 $7,446 $48,233
2019 $6,352 $51,021 $6,823 $44,198
2018 $5,780 $44,710 $9,658 $35,052
2017 $5,627 $39,556 $8,545 $31,011
2016 $4,973 $32,183 $7,424 $24,759
2015 $4,866 $30,764 $6,645 $24,119
2014 $4,426 $26,161 $6,435 $19,726
2012 $5,485 $28,343 $6,972 $21,371
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09270838

Midwest Real Estate Data (MRED)

APN: 08-16-114-013