NOT LISTED FOR SALE

1601 Hyde Park Ave Waukegan, IL 60085

Estimated Value: $243,020 - $253,000

6 Beds
2 Baths
2,178 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 20, 2022

Last sale price $186,750 $86 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,826/month

7 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Patio
  • Lower Floor Utility Room
  • Porch
  • Ceiling Fan

About This Home

As of September 2022

Exceptional Value! Well maintained two-unit. 3 bedrooms, spacious living room with fireplace, formal dining room and bright kitchen in each unit. Both units are rented. 2nd level unit has long-time tenants. Building features 2 new furnaces, updated electric, newer windows, siding, and roof. Basement has separate storage areas and space for washers and dryers. Detached 2-car garage. Garage door is "as-is".

Last Agent to Sell the Property

Jeffrey Penteris

JCP Realty Group, Inc. License #471003327 Listed on: 03/07/2022

Last Buyer's Agent

Michael Heagney

Berkshire Hathaway HomeServices Chicago License #475141641

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,437

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Lower Floor Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units
  • Hyde Park Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,437

Year Built

Built in 1940

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: Hyde Park
  • Year Built: 1940
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: Utility Room-Lower Level
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Wood,Garage/Space,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Wood,Garage/Space,Range Hood

Exterior Features

  • ExteriorFeatures: Patio, Porch, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 204900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Side Apron
  • ParkingTotal: 2
  • Number of Cars: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 60

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.13
  • Lot Dimensions: 50 FT. X 125 FT.
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6437.04
  • Tax Year: 2020
  • 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
Mar 7, 2022
Closed on
Sep 14, 2022
Sold by
Duyn Joshua
Bought by
Vanburen Benjamin
Seller's Agent
Jeffrey Penteris
JCP Realty Group, Inc.
Buyer's Agent
Michael Heagney
Berkshire Hathaway HomeServices Chicago
List Price
$204,900
Sold Price
$186,750
Premium/Discount to List
-$18,150
-8.86%
Current Estimated Value
$248,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,755
Avg. Annual Appreciation
11.47%
Original Mortgage
$158,737
Outstanding Balance
$153,738
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$104,636

Purchase Details

Listed on
Mar 27, 2015
Closed on
May 15, 2015
Sold by
Betty Nicklas Trust
Bought by
Duyn Joshua
Seller's Agent
Gwendolyn Broughton
Freedom Realty
Buyer's Agent
Dawn Ruiz
Red Door Realty LLC
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$153,122
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 20, 2000
Sold by
Nicklas Thomas R and Nicklas Betty F
Bought by
Betty Nicklas Trust

Purchase Details

Closed on
Jan 2, 1997
Sold by
Kutzler Leo F
Bought by
Nicklas Thomas R and Nicklas Betty F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 1995
Sold by
Kutzler Leo F
Bought by
Kutzler Leo F
Source: Public Records

Range of Values:

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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
Vanburen Benjamin $187,000 Chicago Title
Duyn Joshua $149,900 Ct
Betty Nicklas Trust -- --
Nicklas Thomas R $139,000 Chicago Title Insurance Co
Kutzler Leo F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanburen Benjamin $158,737
Previous Owner Duyn Joshua $153,122
Previous Owner Nicklas Thomas R $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2022 09/20/22 Sold $186,750 -8.9% $86 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $204,900 +36.7% $94 / Sq Ft
05/26/2015 05/26/15 Sold $149,900 0.0% $69 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $149,900 -- $69 / 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 $6,022 $71,334 $9,208 $62,126
2023 $6,637 $63,866 $8,244 $55,622
2022 $6,637 $67,895 $7,515 $60,380
2021 $6,355 $60,954 $7,078 $53,876
2020 $6,437 $56,786 $6,594 $50,192
2019 $6,478 $52,035 $6,042 $45,993
2018 $5,945 $45,984 $7,127 $38,857
2017 $5,787 $40,683 $6,305 $34,378
2016 $5,463 $35,352 $5,479 $29,873
2015 $5,345 $31,641 $4,904 $26,737
2014 $5,497 $32,489 $5,431 $27,058
2012 $6,812 $35,198 $5,884 $29,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11340442

Midwest Real Estate Data (MRED)

APN: 08-20-216-005