NOT LISTED FOR SALE

45 N Mcaree Rd Waukegan, IL 60085

Estimated Value: $292,000 - $335,000

8 Beds
5 Baths
1,896 Sq Ft
$166/Sq Ft Est. Value

Last Sold January 15, 2015

Last sale price $135,000 $71 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,326/month

153 Days on Market

About This Home

As of January 2015

Excellent location walking distance from the High School. Two unit building offers lots of living space, 8 bedrooms and 5 baths total! Lower level was converted to an in-law arrangement with one of the units. Live in the one side and rent out the other. Great opportunity for owner occupants and investors. Large corner lot, easy to rent. Units are 45 and 49 MCAREE, one pin number. New roof in 2013, newer boiler.

Last Agent to Sell the Property

Paul Roupas

Paul Roupas Listed on: 05/07/2014

Last Buyer's Agent

David Ayabarreno

RE/MAX Plaza License #475123448

RE/MAX Plaza

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,572

Year Built

  • Built in 1965

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 95x22x15x55x18x41x105x37
  • Corner Lot
  • Irregular Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Unassigned Parking

Additional Features

  • Walk-Out Basement
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,572

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1965
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walkout
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: Other
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner

Exterior Features

  • List Price: 139000
  • Lot Features: Corner Lot, Irregular Lot
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 95X22X15X55X18X41X105X37
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5572.06
  • Tax Year: 2012
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2014
Closed on
Jan 15, 2015
Sold by
Koromilas Georgia
Bought by
Yusuf Syed Talha B
Seller's Agent
Paul Roupas
Paul Roupas
Buyer's Agent
David Ayabarreno
RE/MAX Plaza
List Price
$165,500
Sold Price
$135,000
Premium/Discount to List
-$30,500
-18.43%
Current Estimated Value
$315,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,353
Avg. Annual Appreciation
8.55%
Original Mortgage
$101,250
Outstanding Balance
$80,568
Interest Rate
4.62%
Mortgage Type
Commercial
Estimated Equity
$244,145
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
Yusuf Syed Talha B $135,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yusuf Syed Talha B $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2015 01/15/15 Sold $135,000 -2.9% $71 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
08/17/2014 08/17/14 Price Changed $139,000 -10.6% $73 / Sq Ft
06/09/2014 06/09/14 Price Changed $155,500 -6.0% $82 / Sq Ft
05/07/2014 05/07/14 For Sale $165,500 -- $87 / 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 $7,844 $93,759 $16,937 $76,822
2023 $7,999 $83,187 $15,027 $68,160
2022 $7,999 $81,826 $14,718 $67,108
2021 $8,594 $82,429 $13,848 $68,581
2020 $8,705 $76,792 $12,901 $63,891
2019 $8,761 $70,368 $11,822 $58,546
2018 $7,568 $58,533 $14,342 $44,191
2017 $7,366 $51,786 $12,689 $39,097
2016 $6,954 $50,275 $11,026 $39,249
2015 $6,587 $45,373 $9,868 $35,505
2014 $5,632 $38,831 $7,667 $31,164
2012 $5,572 $42,068 $8,306 $33,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08607201

Midwest Real Estate Data (MRED)

APN: 08-20-301-017