NOT LISTED FOR SALE

2100 Georgetown Ln Waukegan, IL 60085

Estimated Value: $550,000 - $618,788

11 Beds
6 Baths
-- Sq Ft
9,060 Sq Ft Lot

Last Sold September 24, 2018

Last sale price $327,000

Est. 79% increase in value since last sale

Current estimated payment $3,892/month

5 Days on Market

About This Home

As of September 2018

Well maintained building in great condition. New boiler, new window, doors, most units are updated.

Last Agent to Sell the Property

Rony Khezeran

American International Realty License #471005867 Listed on: 06/21/2018

American International Realty

Last Buyer's Agent

Dorie Westmeyer

Charles Rutenberg Realty

Charles Rutenberg Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,512

Year Built

  • 1959

Lot Details

  • 9,060

Home Design

  • Brick Exterior Construction

Community Details

  • Fuel Expense $8,000
  • Insurance Expense $2,600

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,512

Year Built

1959

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Sole Proprietor
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2016
  • Net Oper Income: 25000
  • Repairs Decor Expense: 2000
  • Scavenger Expense: 1200
  • Total Annual Exp: 27000
  • Total Annual Income: 52000
  • Total Monthly Income: 4400
  • Leased Washer Dryer: Yes
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 2.1
  • Estimated Year Built: 1959
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1959

Exterior Features

  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 7

Utilities

  • Heatventilation: Central Heat/Indiv Controls, Gas, Hot Water, Baseboard
  • Water Expense: 7200

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 600
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 67 X 134
  • Lot Sq Ft: 9070
  • Land Amenities: Curbs and Gutters, Sidewalks
  • Parcel Identification Number: 08171020300000

Rental Info

  • Gross Rental Income: 52000
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2016
  • Fuel Expense: 8000
  • Insurance Expense: 2600

Tax Info

  • Taxes: 8854

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Lw Consulting Group Inc
Bought by
Wei Am Investments Llc
Current Estimated Value
$584,394

Purchase Details

Listed on
Jun 21, 2018
Closed on
Sep 24, 2018
Sold by
Solayman George
Bought by
L W Consulting Group Inc
Seller's Agent
Rony Khezeran
American International Realty
Buyer's Agent
Dorie Westmeyer
Charles Rutenberg Realty
List Price
$350,000
Sold Price
$327,000
Premium/Discount to List
-$23,000
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$245,250
Interest Rate
4.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2005
Sold by
Norstates Bank
Bought by
Solayman George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.34%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 1994
Sold by
Grand National Bank
Bought by
Bank Of Waukegan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
9%
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
Wei Am Investments Llc -- Old Republic National Title
L W Consulting Group Inc $327,000 Citywide Title Corporation
Solayman George $285,000 None Available
Bank Of Waukegan $155,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner L W Consulting Group Inc $245,250
Previous Owner Solayman George $213,750
Previous Owner Bank Of Waukegan $116,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2018 09/24/18 Sold $327,000 -6.6% --
06/26/2018 06/26/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $350,000 -- --
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 $9,512 $106,669 $12,077 $94,592
2023 $8,839 $100,874 $10,430 $90,444
2022 $8,839 $90,413 $9,149 $81,264
2021 $11,099 $106,457 $10,773 $95,684
2020 $11,242 $99,177 $10,036 $89,141
2019 $11,314 $90,879 $9,196 $81,683
2018 $9,635 $74,526 $10,849 $63,677
2017 $9,379 $65,934 $9,598 $56,336
2016 $8,854 $57,294 $8,340 $48,954
2015 $8,662 $51,279 $7,464 $43,815
2014 $8,574 $50,679 $5,973 $44,706
2012 $9,502 $54,906 $6,471 $48,435
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09993272

Midwest Real Estate Data (MRED)

APN: 08-17-102-030