NOT LISTED FOR SALE

319 Liberty St Waukegan, IL 60085

Estimated Value: $181,000 - $220,000

5 Beds
2 Baths
2,016 Sq Ft
$99/Sq Ft Est. Value

Last Sold February 02, 2023

Last sale price $70,000 $35 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $1,486/month

35 Days on Market

About This Home

As of February 2023

Investors welcome! Excellent opportunity for investors. Tenants currently occupy both units. Needs some rehab and TLC. Separate utilities. Extra deep lot.

Last Agent to Sell the Property

Gwendolyn Broughton

Freedom Realty License #475087110 Listed on: 10/26/2022

Last Buyer's Agent

Scherrie Scott

Freedom Realty License #475193111

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,543

Year Built

  • Built in 1901

Lot Details

  • 9,670

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Space is Owned

Additional Features

  • Lot Dimensions are 48x198
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,543

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1901
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished,Cellar
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 85000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Dimensions: 48X198
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3542.72
  • Tax Year: 2021

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Dec 27, 2022
Sold by
Oree N Thomas Living Trust
Bought by
Mercado Jose and Mercado Marcelina
Seller's Agent
Gwendolyn Broughton
Freedom Realty
Buyer's Agent
Scherrie Scott
Freedom Realty
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%
Views
206
Current Estimated Value
$200,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,460
Avg. Annual Appreciation
45.98%

Purchase Details

Closed on
Nov 12, 2008
Sold by
Thomas Oree N and Thomas Oree O
Bought by
Thomas Oree N and The Oree N Thomas Living Trust
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
Mercado Jose $70,000 First American Title
Thomas Oree N -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2023 02/02/23 Sold $70,000 -17.6% $35 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
11/17/2022 11/17/22 Price Changed $85,000 0.0% $42 / Sq Ft
11/17/2022 11/17/22 For Sale $85,000 -22.7% $42 / Sq Ft
11/12/2022 11/12/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $110,000 -- $55 / 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 $4,731 $55,725 $12,593 $43,132
2023 $3,866 $50,174 $11,275 $38,899
2022 $3,866 $39,550 $8,775 $30,775
2021 $3,543 $33,981 $7,642 $26,339
2020 $3,345 $29,513 $7,129 $22,384
2019 $3,367 $27,044 $6,533 $20,511
2018 $2,082 $16,104 $4,855 $11,249
2017 $2,042 $14,247 $4,295 $9,952
2016 $2,733 $17,686 $5,332 $12,354
2015 $2,674 $15,829 $4,772 $11,057
2014 $3,686 $21,788 $3,419 $18,369
2012 $4,568 $23,605 $3,704 $19,901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11661128

Midwest Real Estate Data (MRED)

APN: 08-28-215-016