NOT LISTED FOR SALE

1731 N Berwick Blvd Waukegan, IL 60085

Estimated Value: $117,000 - $168,000

12 Beds
8 Baths
-- Sq Ft
2,047 Sq Ft Lot

Last Sold June 18, 2019

Last sale price $272,000

Est. 46% decrease in value since last sale

Current estimated payment $988/month

6 Days on Market

Highlights

  • Property is near a park
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • Georgian Architecture

About This Home

As of June 2019

Great Investment Opportunity! Property has been broker owned for 11 years, and ALL units are occupied. Tenants pay water, gas, and electric. The all brick 2-story building with full basements are well maintained inside and out. Make this one your passive income stream today!

Last Agent to Sell the Property

Robert Wilder

Wilder Properties License #471018999 Listed on: 05/28/2019

Last Buyer's Agent

Venny Rivera

eXp Realty License #475115955

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,014

Year Built

  • Built in 1965 | Remodeled in 2008

Lot Details

  • Paved or Partially Paved Lot
  • Additional Parcels

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 8 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Location

  • Property is near a park

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • 4 Units
  • Gross Income $47,268

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,014

Year Built

Built in 1965 | Remodeled in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Georgian
  • New Construction: No
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2008
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2008

Interior Features

  • Basement: Full
  • Total Bathrooms: 8
  • Total Bedrooms: 12
  • Other Equipment: TV-Cable, CO Detectors, Sump Pump
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 4
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Laundry Hook-Up,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Laundry Hook-Up,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Laundry Hook-Up,Range Hood,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Laundry Hook-Up,Range Hood,Hardwood Floors
  • Room: 6

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 279900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Paved

Fee Information

  • Other Expenses $: 12141

Schools

  • Middle/Junior School District: 60

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 2105 SQ. FT.
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat,Water

Multi Family

  • GrossIncome: 47268
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 10014
  • Tax Year: 2017
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2019
Closed on
Jun 11, 2019
Sold by
Johns Habitat Llc
Bought by
Calderon Carlota
Seller's Agent
Robert Wilder
Wilder Properties
Buyer's Agent
Venny Rivera
eXp Realty
List Price
$279,900
Sold Price
$272,000
Premium/Discount to List
-$7,900
-2.82%
Current Estimated Value
$146,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$125,277
Avg. Annual Appreciation
-9.29%

Purchase Details

Closed on
Nov 19, 2008
Sold by
American Home Mortgage Servicing Inc
Bought by
Johns Habitat Llc

Purchase Details

Closed on
Mar 16, 2007
Sold by
Tormos Vincent
Bought by
American Home Mortgage Inc

Purchase Details

Closed on
Jul 22, 2005
Sold by
Tormos Vincent
Bought by
Itasca Bank & Trust Co and Trust #12181

Purchase Details

Closed on
Dec 20, 2004
Sold by
Bank Of Waukegan
Bought by
Tormos Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
4.25%
Mortgage Type
Unknown
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
Calderon Carlota $272,000 Chicago Title
Johns Habitat Llc $46,000 Fatic
American Home Mortgage Inc -- None Available
Itasca Bank & Trust Co -- --
Tormos Vincent $408,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tormos Vincent $81,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2019 09/17/19 Off Market $272,000 -- --
06/18/2019 06/18/19 Sold $272,000 -2.8% --
06/03/2019 06/03/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $279,900 -- --
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 $2,555 $33,220 $3,041 $30,179
2023 $2,377 $27,094 $2,480 $24,614
2022 $2,377 $24,313 $2,588 $21,725
2021 $2,494 $23,920 $2,605 $21,315
2020 $2,526 $22,284 $2,427 $19,857
2019 $2,542 $20,420 $2,224 $18,196
2018 $2,589 $20,022 $2,422 $17,600
2017 $2,520 $17,714 $2,143 $15,571
2016 $2,379 $15,393 $1,676 $13,717
2015 $2,327 $13,777 $1,500 $12,277
2014 $1,728 $10,213 $1,646 $8,567
2012 $2,142 $11,065 $1,783 $9,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10394531

Midwest Real Estate Data (MRED)

APN: 08-17-102-020