NOT LISTED FOR SALE

423 W Park Ave Libertyville, IL 60048

South Libertyville Neighborhood

Estimated Value: $467,000 - $661,000

6 Beds
2 Baths
1,934 Sq Ft
$279/Sq Ft Est. Value

Last Sold October 05, 2012

Last sale price $196,000 $101 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $3,547/month

48 Days on Market

Highlights

  • Farmhouse Style Home
  • Rockland Elementary School Rated A-
  • 3 Car Detached Garage

About This Home

As of October 2012

$10K REDUCTION!. Heritage Area Investment Opportunity. Rental Income of $2150/MO. Updated Two Flat located on Double Lot. Unit 1 has New Kitchen, Bathroom, Paint, Doors & Laminate Flooring. Features 4BR, 1 BA & Partial Finished Basment. Unit 2 has Updated Kitchen, 2 BR, 1 BA. Extra Deep Lot. R-7 zoning. Up to 4 units may be possible. Large 3-Car Garage & Large Work Shop. Unit 1 Rent $1200. Unit 2 Rent $950

Last Agent to Sell the Property

Edwin Sweeney

NextHome Oak Street Realty Listed on: 07/27/2012

NextHome Oak Street Realty

Last Buyer's Agent

Jim Starwalt

Better Homes and Garden Real Estate Star Homes License #471010243

Better Homes and Garden Real Estate Star Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,246

Year Built

  • Built in 1910

Lot Details

  • 0.36 Acre Lot
  • Additional Parcels

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Farmhouse Style Home
  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Rockland Elementary School
  • Highland Middle School
  • Libertyville High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units
  • Heritage Subdivision, Two Flat Floorplan

Building Details

  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,246

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Subdivision Name: HERITAGE
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Elementary School: ROCKLAND ELEMENTARY SCHOOL
  • High School: LIBERTYVILLE HIGH SCHOOL
  • Middle/Junior School: HIGHLAND MIDDLE SCHOOL

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.36
  • Lot Dimensions: 15869 SQ FEET
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • GrossIncome: 25200
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 7246
  • Tax Year: 2010
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2024
Sold by
Lomas Thomas John
Bought by
Ozdaryal Burak
Current Estimated Value
$540,135
Source: Public Records

Range of Values:

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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
Ozdaryal Burak $196,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2012 10/05/12 Sold $196,000 -2.0% $101 / Sq Ft
09/13/2012 09/13/12 Pending -- -- --
09/04/2012 09/04/12 Price Changed $199,900 -4.8% $103 / Sq Ft
08/15/2012 08/15/12 Price Changed $209,900 -8.7% $109 / Sq Ft
07/27/2012 07/27/12 For Sale $229,900 -- $119 / 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 $8,473 $114,068 $52,187 $61,881
2023 $8,099 $105,209 $48,134 $57,075
2022 $8,099 $101,263 $46,265 $54,998
2021 $7,803 $99,083 $45,269 $53,814
2020 $7,515 $97,417 $44,508 $52,909
2019 $7,327 $96,491 $44,085 $52,406
2018 $6,999 $95,228 $53,151 $42,077
2017 $6,906 $92,222 $51,473 $40,749
2016 $6,692 $87,439 $48,803 $38,636
2015 $6,650 $81,727 $45,615 $36,112
2014 $4,569 $76,789 $42,860 $33,929
2012 $6,087 $77,457 $43,232 $34,225
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Edwin Sweeney

    NextHome Oak Street Realty

    Section Image
  • Jim Starwalt

    Buyer's Agent in 2012

    Jim Starwalt

    Better Homes and Gardens Real Estate Star Homes

    (847) 650-9139

    7 in this area

    1,589 Total Sales

    Jim Starwalt
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08124257

Midwest Real Estate Data (MRED)

APN: 11-21-108-007

Illinois Lake County Libertyville 60048 South Libertyville

423 W Park Ave, Libertyville, IL

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