NOT LISTED FOR SALE

1616 Grand Ave Waukegan, IL 60085

Oakland Neighborhood

Estimated Value: $1,206,721

-- Bed
-- Bath
25,512 Sq Ft
$47/Sq Ft Est. Value

About This Home

This home is located at 1616 Grand Ave, Waukegan, IL 60085 and is currently estimated at $1,206,721, approximately $47 per square foot. 1616 Grand Ave is a home located in Lake County with nearby schools including Whittier Elementary School, Edith M Smith Middle School, and Waukegan High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2023
Sold by
B114 Grand Llc
Bought by
Nicasa Nfp
Current Estimated Value
$1,206,721

Purchase Details

Closed on
Dec 30, 2010
Sold by
Restoration Asset Management Llc
Bought by
Bh4 Grand Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,376,250
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 22, 2010
Sold by
Synergy Property Holdings Llc
Bought by
Restoration Asset Management Llc

Purchase Details

Closed on
Sep 17, 2010
Sold by
Kotevski Branko
Bought by
Synergy Property Holdings Llc

Purchase Details

Closed on
Jul 30, 2007
Sold by
Kotevski Branko and Kotevski Verica
Bought by
Cohen Ari

Purchase Details

Closed on
Dec 7, 2004
Sold by
Harris Trust & Savings Bank
Bought by
Kotevski Branko and Kotevski Verna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2001
Sold by
Mohamadi Azar and Mahamadi Fariborz
Bought by
Harris Bank Barrington and Trust #11-5273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
7.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 1998
Sold by
Mohamadi Azar and Mohamadi Marjan
Bought by
Mohamadi Azar and Mohamadi Marjan

Purchase Details

Closed on
Jul 30, 1998
Sold by
Grand Premier Trust & Investment Inc Na
Bought by
Mohamadi Azar and Mohamadi Marjari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
7.83%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Nicasa Nfp $1,000,000 None Listed On Document
Bh4 Grand Llc $1,835,000 Ctic
Restoration Asset Management Llc -- None Available
Synergy Property Holdings Llc -- None Available
Cohen Ari $3,450,000 None Available
Kotevski Branko $1,600,000 Plm Title Company
Harris Bank Barrington $1,800,000 Plm Title Company
Mohamadi Azar -- --
Mohamadi Azar $1,050,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bh4 Grand Llc $1,376,250
Previous Owner Kotevski Branko $1,280,000
Previous Owner Harris Bank Barrington $1,440,000
Previous Owner Mohamadi Azar $735,000
Source: Public Records

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 $35,144 $389,800 $125,773 $264,027
2023 $48,875 $372,706 $120,257 $252,449
2022 $48,875 $499,950 $114,531 $385,419
2021 $67,827 $650,578 $113,531 $537,047
2020 $81,605 $608,579 $105,768 $502,811
2019 $81,600 $655,434 $96,919 $558,515
2018 $87,235 $796,350 $95,582 $700,768
2017 $81,489 $572,862 $84,563 $488,299
2016 $77,833 $612,222 $73,481 $538,741
2015 $74,113 $547,949 $65,768 $482,181
2014 $80,364 $554,884 $66,599 $488,285
2012 $83,873 $601,163 $72,154 $529,009
Source: Public Records

Map

Illinois Lake County Waukegan 60085 Oakland

1616 Grand Ave, Waukegan, IL

This home is located at 1616 Grand Ave, Waukegan, IL 60085 and is currently estimated at $1,206,721, approximately $47 per square foot. 1616 Grand Ave is a home located in Lake County with nearby schools including Whittier Elementary School, Edith M Smith Middle School, and Waukegan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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