NOT LISTED FOR SALE

Estimated Value: $303,000 - $323,000

4 Beds
4 Baths
2,032 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 18, 2024

Last sale price $290,000 $143 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,087/month

10 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 5-minute walk to Yeoman Park
  • Bungalow
  • Ceiling Fan

About This Home

As of November 2024

Incredible Opportunity! Very well maintained 4-unit building. Two one-bedroom units and 2 studio units. All units are in excellent condition. Fully rented with reliable tenants. 2024 Improvements include: Total tear out and replacement of asphalt driveway. Thorough exterior maintenance, cleaning and painting. Basement painted. Garage repairs with new gutters, and new vinyl siding. Rebuilt front steps and re-decked the front porch. Replaced front screen door. Repaired and replaced wood trim and painted first floor windows. Coin operated washer & dryer in basement. It is a no smoking and no pets building. This is a legal non-conforming building.

Last Agent to Sell the Property

Jane Haynes

Baird & Warner License #475140473 Listed on: 09/28/2024

Baird & Warner

Last Buyer's Agent

Jasmine Epps

Compass License #475183812

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,312

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 49 x 125
  • Legal Non-Conforming

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Bungalow
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Storage

Home Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Schools

  • Hyde Park Elementary School
  • Miguel Juarez Middle School
  • Waukegan High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 4 Units
  • Gross Income $29,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,312

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Other Equipment: Fire Sprinklers, CO Detectors, Ceiling Fan(s), Water Heater-Gas
  • Basement Description: Unfinished,Concrete Block,Storage Space
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Foundation Details: Block
  • Lot Features: Legal Non-Conforming, Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street, Driveway
  • ParkingTotal: 5
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Elementary School: Hyde Park Elementary School
  • High School: Waukegan High School
  • Middle/Junior School: Miguel Juarez Middle School

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 49 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Other

Multi Family

  • GrossIncome: 29100
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 5312
  • Tax Year: 2023
  • Tax Exemptions: None

MLS Schools

  • Othr Public Sch: College of Lake County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2024
Closed on
Nov 12, 2024
Sold by
Trust Number 2828 and Chicago Title Land Trust Company
Bought by
Bunch Vicki
Seller's Agent
Jane Haynes
Baird & Warner
Buyer's Agent
Jasmine Epps
Compass
List Price
$270,000
Sold Price
$290,000
Premium/Discount to List
$20,000
7.41%
Views
45
Current Estimated Value
$312,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,020
Avg. Annual Appreciation
7.59%
Original Mortgage
$100,000
Outstanding Balance
$99,179
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$212,841
Source: Public Records

Range of Values:

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Average Value
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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
Bunch Vicki $290,000 First American Title
Bunch Vicki $290,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bunch Vicki $100,000
Closed Bunch Vicki $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2024 11/18/24 Sold $290,000 +7.4% $143 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $270,000 -- $133 / Sq Ft
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 $5,312 $62,922 $9,685 $53,237
2023 $5,213 $56,335 $8,671 $47,664
2022 $5,213 $53,329 $7,905 $45,424
2021 $5,439 $52,167 $7,445 $44,722
2020 $5,509 $48,600 $6,936 $41,664
2019 $5,544 $44,534 $6,356 $38,178
2018 $4,388 $33,938 $7,497 $26,441
2017 $4,271 $30,026 $6,633 $23,393
2016 $4,032 $26,092 $5,764 $20,328
2015 $3,945 $23,353 $5,159 $18,194
2014 $4,918 $29,071 $5,111 $23,960
2012 $6,096 $31,495 $5,538 $25,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12175571

Midwest Real Estate Data (MRED)

APN: 08-20-221-017