NOT LISTED FOR SALE

2310 Washington St Waukegan, IL 60085

Estimated Value: $366,000 - $367,000

4 Beds
5 Baths
2,066 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $310,000 $150 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,570/month

10 Days on Market

About This Home

As of May 2022

Rare opportunity to purchase a 4 unit property, on busy Washington St. in Waukegan. Currently 3, one bedroom apartments and 1 studio. Studio can be combined with landlords unit, to make a 2 bedroom unit. Two car detached garage and 9 lined and numbered parking spaces. Large front yard and beautiful side and back yard. Units have been updated as of 3/1/2022. This is perfect for any investor or someone who wants to live at the property and have monthly income. This is a win, win situation and won't last long! Please call listing agent to set up a tour.

Last Agent to Sell the Property

Don Johansson

@properties Commercial License #475129268 Listed on: 03/18/2022

@properties Commercial

Last Buyer's Agent

Venny Rivera

eXp Realty License #475115955

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,082

Year Built

  • Built in 1921 | Remodeled in 2021

Lot Details

  • 0.44

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,082

Year Built

Built in 1921 | Remodeled in 2021

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: 1921
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • Room: 2

Exterior Features

  • List Price: 315000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 11
  • Number of Cars: 13
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Sewer-Storm
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Dimensions: 24,000 SQ.FT.
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 7082
  • Tax Year: 2020

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
May 17, 2022
Sold by
Skls Llc 2310
Bought by
Barragan Selena
Seller's Agent
Don Johansson
@properties Commercial
Buyer's Agent
Venny Rivera
eXp Realty
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Current Estimated Value
$366,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,333
Avg. Annual Appreciation
4.64%

Purchase Details

Closed on
May 4, 2015
Sold by
Vasilius William K and Estate Of Terrence J Sullivan
Bought by
Skls Lcc 2310
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
Barragan Selena $310,000 First American Title
Skls Lcc 2310 $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Terrence J $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $310,000 -1.6% $150 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $315,000 -- $152 / 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 $7,082 $83,886 $20,159 $63,727
2023 $6,826 $75,103 $18,048 $57,055
2022 $6,826 $69,819 $19,216 $50,603
2021 $6,992 $67,063 $18,765 $48,298
2020 $7,082 $62,477 $17,482 $44,995
2019 $7,127 $57,250 $16,019 $41,231
2018 $6,367 $49,249 $20,612 $28,637
2017 $6,245 $43,572 $18,236 $25,336
2016 $5,851 $37,862 $15,846 $22,016
2015 $5,724 $33,887 $14,182 $19,705
2014 -- $40,368 $22,424 $17,944
2012 $7,256 $43,736 $24,295 $19,441
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11350748

Midwest Real Estate Data (MRED)

APN: 08-20-305-042