NOT LISTED FOR SALE

2595 N Sheridan Rd Waukegan, IL 60087

Estimated Value: $90,000 - $380,240

21.49 Acres
$12,878 Price per Acre
936,104 Sq Ft Lot

Last Sold July 24, 2017

Last sale price $195,000

Est. 42% increase in value since last sale

Current estimated payment $2,134/month

198 Days on Market

About This Lot

As of July 2017

Wooded 21 plus acre site lies just west of Lyons Woods Forest Preserve, northeast from Glenn Flora Country Club with 18 holes (104 years of tradition). To the north is Illinois Beach State Park and just south is Bowen Park. Open space and recreation abounds near this site. Zoning is R2 Residential but contact City of Waukegan for potential multi family, senior housing, mixed use and commercial use. 683 feet of frontage on busy Sheridan Road. Once cleared the site will offer amazing views of Lake Michigan. Two existing curb cuts on Sheridan. Water to the site. Seller is motivated and will consider carrying paper. Can be aggressive with cash buyers. Buyers to perform due diligence. What an opportunity to own 21 plus acres below $12,000 per acre!

Last Agent to Sell the Property

Robert Frank

Robert E. Frank Real Estate License #471012445 Listed on: 04/25/2016

Last Buyer's Agent

Robert Frank

Robert E. Frank Real Estate License #471012445 Listed on: 04/25/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,004

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$8,004

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: No Development Status
  • Ownership Type: Corporation
  • Potential Use: Commercial, Planned Unit Development, Recreational, Residential-Multi-Family, Residential-Single Family, Retail, Special Use, Zoning Change Required
  • Total Listed Lots Avail: 1
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer Nearby, Water to Site
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Wetland/s, Wooded, Walk-out
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: 10.0-24.99 Acres
  • Acreage: 21.49
  • Frontage Access: State Road
  • Front Footage: 683

Schools

  • School District: 60
  • Elementary School: JOHN S CLARK ELEMENTARY SCHOOL
  • Middle School: JACK BENNY MIDDLE SCHOOL
  • High School: WAUKEGAN HIGH SCHOOL
  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 683X1335X296X489X115X115X1394
  • Estimated Land Sq Ft: 936104
  • Parcel Identification Number: 08092000080000

Tax Info

  • Taxes: 9826.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Jul 17, 2017
Sold by
Beor Fund 1 Llc
Bought by
Drd Holdings Llc
Seller's Agent
Robert Frank
Robert E. Frank Real Estate
Buyer's Agent
Robert Frank
Robert E. Frank Real Estate
List Price
$249,000
Sold Price
$195,000
Premium/Discount to List
-$54,000
-21.69%
Current Estimated Value
$276,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,747
Avg. Annual Appreciation
4.36%

Purchase Details

Closed on
Apr 1, 2016
Sold by
County Of Lake
Bought by
Beor Fund I Llc

Purchase Details

Closed on
Jun 30, 2011
Sold by
Ct Group Llc
Bought by
Amos Financial Llc

Purchase Details

Closed on
Sep 25, 2007
Sold by
Hyman Daniel J
Bought by
Ct Group Llc
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
Drd Holdings Llc $195,000 Fidelity National Title
Beor Fund I Llc -- Attorney
Beor Fund 1 Llc -- Attorney
Amos Financial Llc $70,000 None Available
Ct Group Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2017 07/24/17 Sold $195,000 -21.7% --
11/09/2016 11/09/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $249,000 -- --
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 $8,004 $94,104 $94,104 --
2023 $9,312 $84,885 $84,885 --
2022 $9,312 $95,256 $95,256 $0
2021 $9,011 $86,430 $86,430 $0
2020 $9,127 $80,520 $80,520 $0
2019 $9,186 $73,784 $73,784 $0
2018 $10,930 $84,539 $84,539 $0
2017 $10,719 $74,793 $74,793 $0
2016 $10,043 $64,992 $64,992 $0
2015 $9,826 $58,169 $58,169 $0
2014 $8,908 $52,612 $52,612 $0
2012 $11,031 $57,001 $57,001 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09205485

Midwest Real Estate Data (MRED)

APN: 08-09-200-008