24 Philippa Ave Waukegan, IL 60085
Lyon Grove Neighborhood
4
Beds
2
Baths
2,016
Sq Ft
6,534
Sq Ft Lot
Highlights
- Prairie Architecture
- Forced Air Heating System
- Paved or Partially Paved Lot
- 2 Car Detached Garage
About This Home
As of March 2025This is a great opportunity for the seasoned landlord or the rookie investor looking for a turn-key investment ready to collect rents. Both units currently occuppied on a month to month with long term tenants. Well maintained building with separate furnaces, water heaters and updated electrical boxes. First Floor unit offers two bedrooms, full bath, living room, dining room, and spacious kitchen. Second Floor unit offers kitchen, living room, 2 bedrooms and full bath. Two car garage and long driveway for plenty of parking included. Fenced in backyard for added privacy. Located within walking distance to Waukegan east highschool campus, restaurants and convinience stores. Priced to sell!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,198
Year Built
- Built in 1930
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 47x125
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Parking Included in Price
- Unassigned Parking
Home Design
- Prairie Architecture
- Block Foundation
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | Sold | $223,000 | -3.0% | $111 / Sq Ft |
| 01/29/2025 01/29/25 | Pending | -- | -- | -- |
| 01/13/2025 01/13/25 | For Sale | $229,900 | +64.2% | $114 / Sq Ft |
| 06/16/2021 06/16/21 | Sold | $140,000 | +0.1% | $69 / Sq Ft |
| 04/14/2021 04/14/21 | Pending | -- | -- | -- |
| 04/14/2021 04/14/21 | For Sale | -- | -- | -- |
| 04/10/2021 04/10/21 | For Sale | $139,900 | -- | $69 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2023 | $4,697 | $49,813 | $8,010 | $41,803 |
| 2022 | $5,198 | $53,172 | $7,294 | $45,878 |
| 2021 | $4,532 | $43,467 | $6,259 | $37,208 |
| 2020 | $4,590 | $40,495 | $5,831 | $34,664 |
| 2019 | $4,620 | $37,107 | $5,343 | $31,764 |
| 2018 | $3,640 | $29,925 | $6,049 | $23,876 |
| 2017 | $3,766 | $26,476 | $5,352 | $21,124 |
| 2016 | $3,555 | $23,007 | $4,651 | $18,356 |
| 2015 | $3,478 | $20,592 | $4,163 | $16,429 |
| 2014 | $2,955 | $17,464 | $3,758 | $13,706 |
| 2012 | $3,366 | $18,921 | $4,071 | $14,850 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $140,000 | New Conventional | |
| Previous Owner | $137,464 | FHA | |
| Previous Owner | $1,991,850 | Commercial | |
| Previous Owner | $65,000 | Commercial | |
| Previous Owner | $60,000 | Commercial | |
| Previous Owner | $2,000,000 | Commercial | |
| Previous Owner | $39,000 | Commercial | |
| Previous Owner | $156,000 | Balloon | |
| Previous Owner | $128,000 | Commercial | |
| Previous Owner | $103,200 | Commercial |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $220,000 | Greater Illinois Title | |
| Warranty Deed | $140,000 | Chicago Title | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $65,000 | Stewart Title | |
| Special Warranty Deed | $35,000 | First American | |
| Sheriffs Deed | -- | Premier Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Ins | |
| Deed | $129,000 | -- |
Source: Public Records
Similar Homes in the area
Source: Midwest Real Estate Data (MRED)
MLS Number: 12270165
APN: 08-21-305-031
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