Seller's Agent in 2023
Paul Proano
Coldwell Banker Commercial NRT
(312) 860-4043
53 Total Sales
303 N Butrick St Waukegan, IL 60085
Estimated Value: $978,000
20
Beds
10
Baths
10,152
Sq Ft
$96/Sq Ft
Est. Value
About This Home
As of October 2023Pleased to present this ten (10) unit apartment building located in Waukegan, IL. All units consist of all 2bd/1bath units which measure approximately 650 SF. The property also offers an onsite coin laundry room, ample off-street parking, porch for the whole second floor and is located across the street from Miguel Juarez Middle School. Recent capital improvements are: All new windows installed in 2019, new roof 2019, hot water heaters 2019, second floor porch Installed 2018 , Master Key for whole building and a 16 Channel Camera System.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,239
Year Built
- Built in 1960
Lot Details
- 9,600 Sq Ft Lot
- Lot Dimensions are 120x80
- Additional Parcels
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
Interior Spaces
- 10,152 Sq Ft Home
- 2-Story Property
- Finished Basement
- Exterior Basement Entry
Bedrooms and Bathrooms
- 20 Bedrooms
- 10 Bathrooms
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Baseboard Heating
- Separate Meters
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 10 Units
Building Details
- Electric Expense $999,999
- Fuel Expense $999,999
- Insurance Expense $999,999
- Maintenance Expense $999,999
- Manager Expense $999,999
- Other Expense $999,999
- Trash Expense $999,999
- Water Sewer Expense $999,999
- Operating Expense $9,999,999
- Gross Income $99,999,999
- Net Operating Income $65,263
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2023
Closed on
Oct 31, 2023
Sold by
Tlc Investment Inc
Bought by
303 Butrick Llc
Seller's Agent
Paul Proano
Coldwell Banker Commercial NRT
Buyer's Agent
Paul Proano
Coldwell Banker Commercial NRT
List Price
$999,000
Sold Price
$930,000
Premium/Discount to List
-$69,000
-6.91%
Total Days on Market
21
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,000
Avg. Annual Appreciation
1.34%
Original Mortgage
$650,000
Outstanding Balance
$642,424
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$306,576
Purchase Details
Closed on
Dec 19, 2022
Sold by
Tlc Investments Inc
Bought by
Tlc Investments Llc
Purchase Details
Closed on
Jul 19, 2007
Sold by
Serwatka Paul D
Bought by
Tlc Investments Inc
Purchase Details
Closed on
Oct 17, 2006
Sold by
Dragojlovich Branko
Bought by
Serwatka Paul D
Purchase Details
Closed on
Jan 24, 2006
Sold by
Chicago Title Land Trust Co
Bought by
Serwatka Paul D and Dragojlovich Branko
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 303 Butrick Llc | $930,000 | None Listed On Document | |
| Tlc Investments Llc | -- | -- | |
| Tlc Investments Inc | $550,000 | Multiple | |
| Serwatka Paul D | -- | None Available | |
| Serwatka Paul D | $560,000 | St |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 303 Butrick Llc | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2023 10/31/23 | Sold | $930,000 | -6.9% | $92 / Sq Ft |
| 09/01/2023 09/01/23 | Pending | -- | -- | -- |
| 08/10/2023 08/10/23 | For Sale | $999,000 | -- | $98 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $19,721 | $207,759 | $8,101 | $199,658 |
| 2022 | $19,721 | $201,731 | $7,715 | $194,016 |
| 2021 | $20,848 | $199,972 | $7,648 | $192,324 |
| 2020 | $21,253 | $186,298 | $7,125 | $179,173 |
| 2019 | $21,253 | $170,712 | $6,529 | $164,183 |
| 2018 | $21,766 | $168,356 | $6,438 | $161,918 |
| 2017 | $21,188 | $148,948 | $5,696 | $143,252 |
| 2016 | $20,001 | $129,430 | $4,950 | $124,480 |
| 2015 | $19,568 | $115,841 | $4,430 | $111,411 |
| 2014 | $19,846 | $117,307 | $4,486 | $112,821 |
| 2012 | $21,072 | $127,090 | $4,860 | $122,230 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Proano
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11856026
APN: 08-20-222-016
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