NOT LISTED FOR SALE

517 Oak St Waukegan, IL 60085

Estimated Value: $100,000 - $166,000

6 Beds
2 Baths
1,218 Sq Ft
$121/Sq Ft Est. Value

Last Sold July 07, 2015

Last sale price $29,900 $25 Per Sq Ft

Est. 394% increase in value since last sale

Current estimated payment $1,135/month

26 Days on Market

About This Home

As of July 2015

Attention Investors and opportunity seekers! Roll up your sleeves, lots of potential for a positive cash flow in this property. Features 3 bedrooms in each unit, Dining & living rooms, full basement & more! Property sold "as-is" no survey, 100% tax prorations No bill of sale on PP, Information not guaranteed, zoning, permits and or city inspections are buyer's responsibility.

Last Agent to Sell the Property

Enrique Cardenas

Northern Star Properties License #471017220 Listed on: 05/28/2015

Last Buyer's Agent

Marco Montoya

Midwest America Realty, Inc. License #475143648

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 5,271

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 41 x 132
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1901
  • Age: 100+ 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: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 29900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • Parking: None

Utilities

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

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Dimensions: 41 X 132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2344.41
  • Tax Year: 2014

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2015
Closed on
Jun 25, 2015
Sold by
North Shore Trust & Savings
Bought by
Puerto Marco A
Seller's Agent
Enrique Cardenas
Northern Star Properties
Buyer's Agent
Marco Montoya
Midwest America Realty, Inc.
List Price
$39,900
Sold Price
$29,900
Premium/Discount to List
-$10,000
-25.06%
Total Days on Market
26
Current Estimated Value
$147,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,856
Avg. Annual Appreciation
17.21%

Purchase Details

Closed on
Mar 24, 2015
Sold by
Robles Sixto
Bought by
North Shore Trust & Savings

Purchase Details

Closed on
Feb 24, 2005
Sold by
Lopez Wilfred and Lopez Evelyn
Bought by
Robles Sixto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 31, 1993
Sold by
Hilson Elijah K and Hilson Rita
Bought by
Lopez Wilfred and Lopez Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,600
Interest Rate
7.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 1993
Sold by
Parker Joseph B and Parker Armentha
Bought by
Hilson Elijah K and Hilson Rita
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
Puerto Marco A $29,900 Fidelity Natl Title Ins Co
North Shore Trust & Savings -- None Available
Robles Sixto $99,000 Attorneys Title Guaranty Fun
Lopez Wilfred $33,000 --
Hilson Elijah K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robles Sixto $134,250
Previous Owner Robles Sixto $148,500
Previous Owner Robles Sixto $79,200
Previous Owner Lopez Wilfred $39,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2015 07/07/15 Sold $29,900 0.0% $25 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
06/18/2015 06/18/15 Price Changed $29,900 -25.1% $25 / Sq Ft
06/09/2015 06/09/15 For Sale $39,900 +33.4% $33 / Sq Ft
06/07/2015 06/07/15 Off Market $29,900 -- --
05/28/2015 05/28/15 For Sale $39,900 -- $33 / 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 $3,712 $43,697 $6,876 $36,821
2023 $3,712 $39,363 $6,156 $33,207
2022 $2,930 $29,972 $4,791 $25,181
2021 $2,682 $25,724 $4,172 $21,552
2020 $2,517 $22,205 $3,893 $18,312
2019 $2,533 $20,347 $3,567 $16,780
2018 $1,566 $12,114 $3,181 $8,933
2017 $1,536 $10,717 $2,814 $7,903
2016 $2,056 $13,303 $3,493 $9,810
2015 $2,011 $11,906 $3,126 $8,780
2014 -- $13,847 $3,147 $10,700
2012 $3,170 $15,003 $3,410 $11,593
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08935994

Midwest Real Estate Data (MRED)

APN: 08-28-223-019