
Seller's Agent in 2024
Scott Paul
RE/MAX Suburban
(847) 274-3591
157 Total Sales
Great investment opportunity! Rentable condo with Gurnee Schools. Compelling price on this 2 bedroom 1.5 bath 2nd floor condo. Carpet is in great shape and paint and decor is light and neutral. Hall bathroom and master bedroom powder room have been updated. Dogs are allowed for owner occupants. Dogs are not allowed for tenants. Coin operated laundry machines on each floor. Small storage cage on third floor. Parking spaces in lot are not assigned. CASH ONLY. Complex not eligible for standard conventional loan. (The adjacent apartment complex owns more than 33% of the units (9 out of 27) which exceeds lender guidelines. Therefore purchase needs to be CASH ONLY. This condo is an affordable home to live in or can be an exceptional turn-key investment. (2023 Taxes of $1464 dollars reflect homeowner and senior exemptions. Those exemptions would also be reflected in the 2024 taxes, Based on the 2024 valuation, the 2024 taxes (payable in 2025) are estimated at approximately $2277. If an investor buys, then the exemptions would not be applicable for the 2025 taxes (payable in 2026). Assuming tax rates stay the same and based on the 2024 valuation, the taxes would be approximately $4220 without any exemptions for an investor owner. This condo is in great condition and a buyer or tenant would be able to move right in! See it today!
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Est. Annual Taxes
Year Built
HOA Fees
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Bedrooms and Bathrooms
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Parking
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Listing and Financial Details
Overview
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Security
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $120,000 | None Listed On Document | |
Warranty Deed | $126,500 | None Available |
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $126,200 | Unknown |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/04/2024 10/04/24 | Sold | $119,900 | -7.7% | $137 / Sq Ft |
09/17/2024 09/17/24 | Pending | -- | -- | -- |
09/14/2024 09/14/24 | For Sale | $129,900 | -- | $148 / Sq Ft |
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 | $1,464 | $34,749 | $5,160 | $29,589 |
2023 | $2,639 | $28,054 | $4,166 | $23,888 |
2022 | $2,639 | $21,686 | $4,846 | $16,840 |
2021 | $2,370 | $20,015 | $4,473 | $15,542 |
2020 | $2,332 | $19,523 | $4,363 | $15,160 |
2019 | $2,304 | $18,956 | $4,236 | $14,720 |
2018 | $1,643 | $13,275 | $4,962 | $8,313 |
2017 | $1,629 | $12,895 | $4,820 | $8,075 |
2016 | $1,588 | $12,320 | $4,605 | $7,715 |
2015 | $1,572 | $11,684 | $4,367 | $7,317 |
2014 | $1,554 | $11,525 | $4,308 | $7,217 |
2012 | $2,613 | $21,858 | $4,341 | $17,517 |
Seller's Agent in 2024
Scott Paul
RE/MAX Suburban
(847) 274-3591
157 Total Sales
Buyer's Agent in 2024
Prentiss Grant
RE/MAX Plaza
(224) 627-4290
227 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 12164176
APN: 07-02-400-028