NOT LISTED FOR SALE

50 N Mcaree Rd Waukegan, IL 60085

Estimated Value: $364,000 - $392,000

8 Beds
4 Baths
3,360 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $230,000 $68 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,834/month

7 Days on Market

About This Home

As of April 2019

Solid brick 4 flat with three units rented with solid long term tenants. Fourth unit was former owner and vacant. Excellent location. Building has full basement. Coin Operated laundry units in basement.

Last Listed By

Bob Krombach

Baird & Warner License #475129346 Listed on: 01/02/2019

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,856

Year Built

  • 1958

Lot Details

  • 0.28

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Parking

  • Parking Available
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near a bus stop
  • Heating System Uses Gas

Community Details

  • Fuel Expense $2,307

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,856

Year Built

1958

Lot Details

0

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Age: 61-70 Years
  • Full Bathrooms: 4
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4
  • Zoning Type: MULTI
  • Estimated Year Built: 1958
  • Type Multi: 4 Flat
  • Trash Expense Year: 2017
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Number Of Rooms: 16
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 8
  • Above Grade Bedrooms: 8

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.28

Garage/Parking

  • Number of Cars: 8
  • Parking: Space/s
  • Parking Details: Unassigned, Off Street
  • Number Parking Spaces: 8
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas
  • Water Expense: 1033

Fee Information

  • Electricity Expense: 455
  • Insurance Expense: 1109
  • Scavenger Fee: 311

Schools

  • School District: 60
  • High School: Waukegan High School
  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 93X190X74X133
  • Parcel Identification Number: 08194120260000

Rental Info

  • Gross Rental Income: 26400
  • Total Rental Income: 26400

Multi Family

  • Total Number Unitsin Building: 4
  • Full Baths In Building: 4
  • Fuel Expense: 2307

Tax Info

  • Taxes: 7795.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2019
Sold by
Susman Richard M and Estate Of Robert M Susman
Bought by
Torres Manuel and Delgado Maylen
Total Days on Market
7
Current Estimated Value
$378,030

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
Torres Manuel $230,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2019 04/15/19 Sold $230,000 +2.3% $68 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $224,900 -- $67 / 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
2023 $8,856 $95,251 $14,946 $80,305
2022 $8,856 $90,589 $13,589 $77,000
2021 $9,362 $89,798 $13,470 $76,328
2020 $9,483 $83,658 $12,549 $71,109
2019 $8,192 $76,659 $11,499 $65,160
2018 $8,104 $74,379 $14,054 $60,325
2017 $7,796 $65,805 $12,434 $53,371
2016 $7,137 $57,182 $10,805 $46,377
2015 $6,787 $51,179 $9,671 $41,508
2014 $5,749 $44,134 $8,407 $35,727
2012 $7,352 $47,815 $9,108 $38,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10157088

Midwest Real Estate Data (MRED)

APN: 08-19-412-026