NOT LISTED FOR SALE

Estimated Value: $289,870 - $374,000

6 Beds
3 Baths
3,004 Sq Ft
$111/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $313,000 $104 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,321/month

4 Days on Market

About This Home

As of March 2024

Exciting Investment Opportunity in the Historic District of Waukegan! Welcome to the heart of Waukegan, where history meets modern charm in this stunning 2-unit gem! Let's explore the beauty of each unit: Unit 1: The Airbnb Ready Haven! Discover a delightful space featuring 3 beds, 1.5 baths, and a captivating sunroom. This unit comes with its own private side entrance. Cozy up to the wood-burning fireplace or entertain in the dining room adorned with original built-in China Cabinets. Currently used as an Airbnb, this unit is a proven money-maker, frequently hosting Navy families. All the stylish furniture, beds, tables, couches, TVs, rugs and more can stay in place and be purchased for just 2k cashier check made out to the owner - an instant move-in or rent-out opportunity! Unit 2: The Move-In Ready Marvel! Step into a well-maintained haven offering 3 beds, 1 bath, a spacious living and dining room, and a basement with a washer and dryer. Wood burning Fire Place! This unit is ready for immediate occupancy, needing only personal cosmetic touches to enhance its beauty. Modern Upgrades Across Both Units: *Roof and all 48 exterior windows Replaced in 2020 plus two *Brand new skylight windows with remotes illuminate both units. *Stand-up attics provide additional charm. *The furnace and hot water heater were replaced in 2021, ensuring comfort and efficiency. * Both stoves replaced in 2021 Outdoor Delight: An expansive yard, part of an open space concept to the northern most corner of the property, adds a refreshing touch. Trees removed to the southern most corner where concrete is already laid is the perfect nook for grilling and relaxing in the shade. This property comes complete with a 2-car garage and parking spaces, offering both practicality and aesthetics. Don't Miss Out: This property isn't just a home; it's an investment waiting to be explored! Schedule a visit today to witness the perfect blend of history and profit.

Last Agent to Sell the Property

Taneisha Stackhouse

@properties Christie's International Real Estate License #475201938 Listed on: 02/23/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Oksana Chura

North Shore Prestige Realty License #471008202

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,717

Year Built

  • Built in 1935 | Remodeled in 2020

Lot Details

  • Lot Dimensions are 133x47

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Parking Space is Owned

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Other Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,717

Year Built

Built in 1935 | Remodeled in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1935
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Room Type: Sun Room
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1

Exterior Features

  • List Price: 310000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • OpenParkingSpaces: 2
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

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

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Dimensions: 133X47
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6717
  • Tax Year: 2022
  • Tax Exemptions: Disabled Vet

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Mar 15, 2024
Sold by
Hall Myrtle
Bought by
Almasi Isabella
Seller's Agent
Taneisha Stackhouse
@properties Christie's International Real Estate
Buyer's Agent
Oksana Chura
North Shore Prestige Realty
List Price
$310,000
Sold Price
$313,000
Premium/Discount to List
$3,000
0.97%
Views
48
Current Estimated Value
$332,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,968
Avg. Annual Appreciation
3.77%
Original Mortgage
$250,400
Outstanding Balance
$247,626
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$83,240

Purchase Details

Listed on
Dec 1, 2018
Closed on
Feb 19, 2019
Sold by
Glover Andrew L and Glover Mary L
Bought by
Hall Myrtle
Seller's Agent
Darryl Hayes
@properties Christie's International Real Estate
Buyer's Agent
Cindy Gilliland
RE/MAX Advisors
List Price
$190,000
Sold Price
$184,900
Premium/Discount to List
-$5,100
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$184,900
Interest Rate
3.75%
Mortgage Type
VA

Purchase Details

Closed on
Aug 15, 2001
Sold by
Adams Waylon and Adams Trudy
Bought by
Glover Andrew L and Glover Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.23%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Almasi Isabella $313,000 Proper Title
Hall Myrtle $185,000 Baird & Warner Ttl Svcs Inc
Glover Andrew L $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almasi Isabella $250,400
Previous Owner Hall Myrtle $184,900
Previous Owner Glover Andrew L $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $313,000 +1.0% $104 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $310,000 0.0% $103 / Sq Ft
09/01/2020 09/01/20 Rented $1,475 0.0% --
07/15/2020 07/15/20 For Rent $1,475 0.0% --
03/09/2019 03/09/19 Sold $184,900 0.0% $62 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
12/28/2018 12/28/18 Price Changed $184,900 -2.7% $62 / Sq Ft
12/01/2018 12/01/18 For Sale $190,000 -- $63 / 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 $6,741 $79,266 $9,571 $69,695
2023 $3,267 $71,486 $8,631 $62,855
2022 $3,267 $78,839 $7,184 $71,655
2021 $6,717 $70,430 $6,407 $64,023
2020 $1,846 $65,614 $5,969 $59,645
2019 $1,846 $60,125 $5,470 $54,655
2018 $6,683 $51,694 $7,743 $43,951
2017 $6,506 $45,734 $6,850 $38,884
2016 $6,141 $39,741 $5,952 $33,789
2015 $6,008 $35,569 $5,327 $30,242
2014 $5,799 $34,278 $5,705 $28,573
2012 $7,187 $37,137 $6,181 $30,956
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11986777

Midwest Real Estate Data (MRED)

APN: 08-16-106-006