$301,000 - $339,000
RENTED OCT 29, 2024

516 N Prairie Ave Mundelein, IL 60060

3 Beds
2 Baths
1,800 Sq Ft
$177 Price per Sq Ft

Last Sold March 30, 2021

Last sale price $224,000 $124 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,415/month

Highlights

  • 2 Car Detached Garage
  • Bar
  • Laundry Room
  • Mundelein Cons High School Rated A
  • Living Room
  • Ceramic Tile Flooring

About This Home

As of October 2024

Great three bedroom, two bath rental in Mundelein. Walking distance to downtown restaurants, coffee shops, parks, and more! This home has recently been repainted, and the back deck stained. Large driveway and two car garage. Newer washer (2024) and dryer (2022), dishwasher (2021), and refrigerator over the past few years. It's ready for you to move in and make it home. There are two living rooms or family rooms, and a large bar area with a mini-fridge. Reach out for a showing!

Last Agent to Rent the Property

Erich Schwenk

The Pineapple Brand Company License #471021647 Listed on: 08/27/2024

Last Renter's Agent

Erich Schwenk

The Pineapple Brand Company License #471021647 Listed on: 08/27/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,182

Year Built

  • Built in 1956 | Remodeled in 2020

Lot Details

  • Lot Dimensions are 150x50

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Bar
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Mundelein Cons High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Community Details

  • Erich Schwenk Association, Phone Number (224) 360-0301
  • Property managed by The Pineapple Brand Co.

Listing and Financial Details

  • Property Available on 8/28/24
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,182

Year Built

Built in 1956 | Remodeled in 2020

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2024-08-28
  • Lease Term: 12 Months
  • Board Number: 2
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Detached
  • Rental Price: 2800
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Property Sub-Type: Detached
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1800
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 2800
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street, Driveway
  • ParkingTotal: 6
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: None
  • Management Company: The Pineapple Brand Co.
  • Management Contact Name: Erich Schwenk
  • Management Phone: 224-360-0301

Schools

  • High School: Mundelein Cons High School
  • Middle/Junior School District: 75

Lot Info

  • Lot Dimensions: 150X50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2021
Sold by
Ferm and Richard
Bought by
Ferm-Schneider Trust
Current Estimated Value
$318,670

Purchase Details

Listed on
Mar 3, 2021
Closed on
Mar 29, 2021
Sold by
Betancourt Javier and Morales Julia
Bought by
Ferm Brita and Scheneider Richard
Seller's Agent
Jose Quiroz
Diamond Homes Realty
Buyer's Agent
Amber Reid-Schwenk
The Pineapple Brand Company
List Price
$224,900
Sold Price
$224,000
Premium/Discount to List
-$900
-0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%

Purchase Details

Listed on
Jul 9, 2018
Closed on
Aug 23, 2018
Sold by
Arrordable Housing Corporation Of Lake C
Bought by
Betancourt Javier and Morales Julia
Seller's Agent
Evan Kane
Realty Scientists Inc.
Buyer's Agent
Margaret Urban
Charles Rutenberg Realty of IL
List Price
$199,900
Sold Price
$198,000
Premium/Discount to List
-$1,900
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$192,060
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2017
Sold by
Wyckoff Carla N
Bought by
Affordable Housing Corporation Of Lake C

Purchase Details

Closed on
Jun 27, 2001
Sold by
Morreale Philip D and Will Of Evelyn Scharba
Bought by
Morreale Philip D
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
Ferm-Schneider Trust -- Wiggins & Ebert Apc
Ferm Brita $225,000 Attorneys Ttl Guaranty Fund
Betancourt Javier $198,000 First American Title
Affordable Housing Corporation Of Lake C -- None Available
Morreale Philip D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Betancourt Javier $192,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Rented $2,650 -5.4% --
09/24/2024 09/24/24 Under Contract -- -- --
08/27/2024 08/27/24 For Rent $2,800 0.0% --
03/30/2021 03/30/21 Sold $224,000 -0.4% $146 / Sq Ft
03/16/2021 03/16/21 For Sale $224,900 +0.4% $146 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/10/2021 03/10/21 Off Market $224,000 -- --
03/03/2021 03/03/21 For Sale $224,900 +13.6% $146 / Sq Ft
08/24/2018 08/24/18 Sold $198,000 -1.0% $129 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $199,900 0.0% $130 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $199,900 -- $130 / 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 $8,182 $92,818 $16,073 $76,745
2023 $8,182 $85,045 $14,727 $70,318
2022 $7,598 $76,628 $14,023 $62,605
2021 $6,754 $73,944 $13,532 $60,412
2020 $6,639 $71,909 $13,160 $58,749
2019 $6,420 $69,544 $12,727 $56,817
2018 $4,012 $60,321 $11,972 $48,349
2017 $2,532 $28,778 $11,596 $17,182
2016 $2,442 $27,332 $11,013 $16,319
2015 $2,349 $25,623 $10,324 $15,299
2014 $2,294 $25,477 $10,233 $15,244
2012 $2,375 $25,703 $10,324 $15,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12148454

Midwest Real Estate Data (MRED)

APN: 10-24-413-032