NOT LISTED FOR SALE

3031 Belvidere Rd Waukegan, IL 60085

Southwest Waukegan Neighborhood

Estimated Value: $4,551,262

-- Bed
-- Bath
-- Sq Ft
3.02 Acres

About This Home

This home is located at 3031 Belvidere Rd, Waukegan, IL 60085 and is currently estimated at $4,551,262. 3031 Belvidere Rd is a home located in Lake County with nearby schools including Oakdale Elementary School, John R Lewis Middle School, and Waukegan High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2020
Sold by
Kkvp Corp
Bought by
New Candle Sonal Llc
Current Estimated Value
$4,551,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Outstanding Balance
$132,097
Interest Rate
2.35%
Mortgage Type
FHA
Estimated Equity
$4,419,165

Purchase Details

Closed on
Jun 13, 2017
Sold by
Ravistar Corporation
Bought by
Kkvp Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2007
Sold by
Mr Management Group
Bought by
Ravistar Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 2006
Sold by
Brahmand Inc
Bought by
Mr Management Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,437,000
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2006
Sold by
Shah Ashok and Shah Birju A
Bought by
Waukegan Hotels Llc

Purchase Details

Closed on
May 11, 2000
Sold by
Bank Of Waukegan
Bought by
Bank Of Waukegan and Trust #204369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 1, 1997
Sold by
Devon Bank
Bought by
Bank Of Waukegan and Trust #204225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
9.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 1997
Sold by
Delre Gary
Bought by
Devon Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
9.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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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
New Candle Sonal Llc $2,725,000 Chicago Title
New Candle Sonal Llc $2,725,000 Chicago Title
Kkvp Corp $2,000,000 Chicago Title
Ravistar Corp $2,000,000 Greater Illinois Title Co
Mr Management Group Llc -- First American Title
Brahmand Inc $3,200,000 First American Title
Waukegan Hotels Llc -- First American Title
Bank Of Waukegan $2,860,000 --
Bank Of Waukegan $906,666 Chicago Title Insurance Co
Devon Bank -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Candle Sonal Llc $176,000
Closed New Candle Sonal Llc $176,000
Open New Candle Sonal Llc $2,116,000
Closed New Candle Sonal Llc $2,116,000
Previous Owner Kkvp Corp $1,050,000
Previous Owner Ravistar Corp $1,200,000
Previous Owner Brahmand Inc $1,437,000
Previous Owner Bank Of Waukegan $4,200,000
Previous Owner Bank Of Waukegan $1,650,000
Source: Public Records

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 $45,028 $516,931 $158,952 $357,979
2023 $46,189 $494,263 $151,981 $342,282
2022 $46,189 $470,727 $144,744 $325,983
2021 $48,820 $466,620 $143,481 $323,139
2020 $65,676 $577,886 $133,670 $444,216
2019 $66,097 $529,539 $122,487 $407,052
2018 $67,689 $522,226 $120,795 $401,431
2017 $65,893 $462,024 $106,870 $355,154
2016 $62,213 $401,481 $92,866 $308,615
2015 $60,699 $359,331 $83,116 $276,215
2014 $57,253 $363,879 $84,168 $279,711
2012 $61,356 $409,251 $91,188 $318,063
Source: Public Records

Map

Illinois Lake County Waukegan 60085 Southwest Waukegan

3031 Belvidere Rd, Waukegan, IL

Not Listed for Sale

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