NOT LISTED FOR SALE

324 George Ave Waukegan, IL 60085

Estimated Value: $198,146 - $237,000

6 Beds
3 Baths
2,256 Sq Ft
$96/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $150,000 $66 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,597/month

11 Days on Market

About This Home

As of September 2020

GREAT OPPORTUNITY FOR INVESTORS OR FIRST TIME BUYER!* YOU CAN LIVE IN 1 UNIT AND RENT THE OTHER ONE!* THIS PROPERTY OFFER 2 UNITS* UNITS HAVE SEPARATED BILLS * TENANTS PAYS FOR GAS & ELECTRICITY* OWNER PAYS ONLY WATER BILL* 2ND UNIT HAS 4 BEDROOMS* 1`BATHROOM* LIVING ROOM* DINING ROOM* KITCHEN* STORAGE AREA* PORCH* IT IS AN OPEN CONCEPT* 1ST UNIT HAS BAR AREA* 2 BEDROOMS* 1 BATH*LIVING ROOM* DINING ROOM * KITCHEN* APARTMENTS ARE HUGE *ALL APPLIANCES STAY* FENCED BACKYARD* BIG DRIVEWAY* BASEMENT IS PARTIALLY FINISHED AND CAN BE USE AS LAUNDRY AREA* BASEMENT HAS A BATHROOM* NEW SUMP PUMP IN THE BSMT* EASY TO SHOW* BE SMART AND CALL US TODAY FOR YOUR PRIVATE SHOWING*

Last Agent to Sell the Property

Silvia Carmona

Jason Mitchell Real Estate IL License #471002878 Listed on: 07/27/2020

Jason Mitchell Real Estate IL

Co-Listed By

Angie Fraguas

Jason Mitchell Real Estate IL License #471021253

Last Buyer's Agent

Karina Chavez

eXp Realty, LLC License #471007134

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,670

Year Built

  • 1930

Lot Details

  • 5,358

Home Design

  • Frame Construction
  • Aluminum Siding

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Parking

  • Parking Available
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • $3,605 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,670

Year Built

1930

Lot Details

0

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 81-90 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Zoning Type: MULTI
  • Estimated Year Built: 1930
  • Type Multi: 2 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Number Of Rooms: 5
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 6
  • Above Grade Bedrooms: 6

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Frame

Garage/Parking

  • Number of Cars: 6
  • Parking: Space/s
  • Number Parking Spaces: 6
  • Parking On Site: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 60
  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 45X116
  • Parcel Identification Number: 08282250140000

Multi Family

  • Total Number Unitsin Building: 2
  • Three Bedroom Number of Units: Yes
  • Full Baths In Building: 3

Tax Info

  • Taxes: 3416.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 15, 2020
Sold by
Rojas Carlos Franco
Bought by
Fuentes Alex
Seller's Agent
Silvia Carmona
Jason Mitchell Real Estate IL
Buyer's Agent
Karina Chavez
eXp Realty, LLC
List Price
$145,000
Sold Price
$150,000
Premium/Discount to List
$5,000
3.45%
Total Days on Market
11
Current Estimated Value
$216,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,037
Avg. Annual Appreciation
8.00%
Original Mortgage
$147,283
Outstanding Balance
$132,111
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$83,926

Purchase Details

Listed on
Feb 13, 2017
Closed on
Oct 3, 2017
Sold by
Ocegueda Cesar O
Bought by
Rojas Carlos Franco
Seller's Agent
Jessica Chavez
Coldwell Banker Real Estate Group
Buyer's Agent
Tony Garcia
Terra Nova Realty Group Corp
List Price
$89,000
Sold Price
$70,000
Premium/Discount to List
-$19,000
-21.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.59%
Original Mortgage
$49,000
Interest Rate
8.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2002
Sold by
Ocegueda Cesar O and Ocegueda Beatriz
Bought by
Ocegueda Cesar O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
7.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 7, 1999
Sold by
Soto Armando
Bought by
Ocegueda Cesar O and Ocegueda Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,352
Interest Rate
7.77%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 1998
Sold by
Dabney Dana L
Bought by
Soto Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,480
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 1997
Sold by
Mcfarlin Jane T
Bought by
Dabney Dana L
Source: Public Records

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Range of Values:

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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
Fuentes Alex $150,000 Chicago Title
Rojas Carlos Franco $70,000 None Available
Ocegueda Cesar O -- --
Ocegueda Cesar O $78,000 --
Soto Armando $60,000 --
Dabney Dana L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuentes Alex $147,283
Previous Owner Rojas Carlos Franco $49,000
Previous Owner Ocegueda Cesar O $113,000
Previous Owner Ocegueda Cesar O $106,400
Previous Owner Ocegueda Cesar O $77,352
Previous Owner Soto Armando $60,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $150,000 +3.4% $66 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $145,000 +107.1% $64 / Sq Ft
01/09/2018 01/09/18 Off Market $70,000 -- --
10/10/2017 10/10/17 Sold $70,000 -21.3% $31 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $89,000 -- $39 / 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 $4,670 $63,834 $6,970 $56,864
2023 $3,883 $57,524 $6,240 $51,284
2022 $3,883 $45,717 $4,856 $40,861
2021 $3,461 $39,200 $4,229 $34,971
2020 $3,395 $29,949 $3,946 $26,003
2019 $3,417 $27,444 $3,616 $23,828
2018 $1,963 $18,485 $3,224 $15,261
2017 $1,473 $16,354 $2,852 $13,502
2016 $2,210 $20,303 $3,541 $16,762
2015 $2,056 $18,171 $3,169 $15,002
2014 $3,213 $24,528 $2,988 $21,540
2012 $4,202 $26,575 $3,238 $23,337
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10762492

Midwest Real Estate Data (MRED)

APN: 08-28-225-014