$435,000
SOLD AUG 21, 2025

520 S Main St Wauconda, IL 60084

4 Beds
5 Baths
-- Sq Ft
9,148 Sq Ft Lot

Recently Sold

1% Above List Price

11 Days on Market

About This Home

As of August 2025

Exceptional Investment Opportunity. Fully Updated Duplex walking distance to Downtown Wauconda and Bangs Lake! Don't miss this beautifully updated and well-maintained duplex featuring two spacious units, each offering 2 bedrooms and 2 full bathrooms. Perfect for multi-generational living, a family and in-law arrangement, or a high-yield investment with excellent rental potential. Unit 520 includes 2 bedrooms, 2 1/2 baths, and a 2-car heated garage. Unit 520A offers 2 bedrooms, 2 baths, and a 1-car heated attached garage. Each unit has been thoughtfully updated throughout with modern finishes, offering comfortable, move-in-ready living. Ideally located within walking distance to beautiful Bangs Lake, this property is also just minutes from downtown Wauconda, where you'll find a variety of restaurants, coffee shops, boutiques, and local events all in a charming lake town atmosphere. Whether you're looking to live in one unit and rent the other, or expand your investment portfolio, this versatile property offers outstanding value, location, and lifestyle potential.

Last Agent to Sell the Property

Gina Lepore

Coldwell Banker Realty License #475185254 Listed on: 07/09/2025

Coldwell Banker Realty

Co-Listed By

Paolo Ancona

Coldwell Banker Realty License #475184983

Last Buyer's Agent

Chris Peters

Coldwell Banker Realty License #475123390

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,546

Year Built

  • Built in 1988 | Remodeled in 2024

Parking

  • 3 Car Garage

Home Design

  • Ranch Style House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 5 Bathrooms

Additional Features

  • 9,148 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,546

Year Built

Built in 1988 | Remodeled in 2024

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1988
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 429900
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, Carport, Heated Garage, Tandem, On Site, Attached, Garage
  • ParkingTotal: 3

Utilities

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

Schools

  • Middle/Junior School District: 118

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 9148
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 9546.12
  • Tax Year: 2023
  • Tax Exemptions: Other

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

Closed on
Jun 18, 2021
Sold by
Schuhknecht Wesley H and Schuhknecht Janis I
Bought by
Schuhknecht Wesley H and Schuhknecht Janis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$105,064
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2014
Closed on
Aug 7, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Epp Chris
Seller's Agent
Linda Lindsay Murphy
Buyer's Agent
Raymond Huertas
SKYLINE Leasing, Sales & Management
List Price
$84,900
Sold Price
$105,000
Premium/Discount to List
$20,100
23.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2014
Sold by
Kahn Jason C
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 10, 2006
Sold by
Kahn Jason C and Heuberger Keith A
Bought by
M P C 06 Llc

Purchase Details

Closed on
Apr 15, 2004
Sold by
Schuhknecht Wesley and Schuhknecht Janis
Bought by
Kahn Jason C and Heuberger Keith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
5.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 1995
Sold by
Sniezewski James R and Welzen Colleen A
Bought by
Schuhknecht Wesley and Schuhknecht Janis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 1993
Sold by
Commercial National Bank Of Chicago
Bought by
Sniezewski James R and Welzen Colleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,627
Interest Rate
7.26%
Mortgage Type
FHA
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Special Warranty Deed $105,000 Attorneys Title Guaranty Fun
Sheriffs Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $289,000 Multiple
Warranty Deed $91,000 --
Joint Tenancy Deed $54,333 Imperial Land Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $115,000 New Conventional
Previous Owner $80,000 Commercial
Previous Owner $272,000 Commercial
Previous Owner $231,200 Commercial
Previous Owner $148,500 Commercial
Previous Owner $72,800 Commercial
Previous Owner $81,627 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Sold $435,000 +1.2% --
07/20/2025 07/20/25 Pending -- -- --
07/16/2025 07/16/25 For Sale $429,900 0.0% --
07/12/2025 07/12/25 Pending -- -- --
07/09/2025 07/09/25 For Sale $429,900 +309.4% --
09/17/2014 09/17/14 Sold $105,000 +23.7% --
08/06/2014 08/06/14 Pending -- -- --
07/26/2014 07/26/14 For Sale $84,900 -- --
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 $9,546 $106,289 $39,009 $67,280
2023 $9,136 $97,156 $35,657 $61,499
2022 $9,136 $89,727 $32,348 $57,379
2021 $8,720 $84,784 $30,566 $54,218
2020 $8,441 $107,414 $29,133 $78,281
2019 $3,741 $40,235 $27,533 $12,702
2018 $3,991 $40,729 $27,870 $12,859
2017 $3,985 $40,258 $27,548 $12,710
2016 $3,723 $38,123 $26,087 $12,036
2015 $3,467 $95,390 $23,948 $71,442
2014 $10,332 $72,999 $27,870 $45,129
2012 $9,997 $88,485 $27,094 $61,391
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12410154

Midwest Real Estate Data (MRED)

APN: 09-36-102-043