Seller's Agent in 2025
Laura Claussen
Baird Warner
(224) 374-4527
1 in this area
13 Total Sales
521 Lorraine Ave Waukegan, IL 60085
Lorraine Terrace Neighborhood
3
Beds
2
Baths
1,880
Sq Ft
7,057
Sq Ft Lot
Highlights
- Corner Lot
- 2 Car Detached Garage
- Forced Air Heating System
- Fenced Yard
About This Home
As of March 2025This charming and well-kept 2-unit building is perfect for investors or owner-occupants! The property features one spacious 2-bed, 1-bath unit and one cozy 1-bed, 1-bath unit, offering great flexibility for tenants. Situated on a desirable corner lot, this property boasts a shared garage, providing extra convenience. Tenants will appreciate the new, free in-building washer and dryer, making laundry easy and cost-free! With excellent maintenance and strong rental potential, this is a fantastic opportunity you don't want to miss. Schedule your showing today!
Last Agent to Sell the Property
Baird & Warner License #475155951 Listed on: 02/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,022
Year Built
- Built in 1931
Lot Details
- Fenced Yard
- Corner Lot
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Gross Income $2,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2025
Closed on
Mar 11, 2025
Sold by
Wrightwood 2022 Llc Series 521 Lorraine
Bought by
Figueroa Rodriguez Vanesa P and Lopez Oscar Amador
Seller's Agent
Laura Claussen
Baird & Warner
Buyer's Agent
Humberto Millan Zavala
Netgar Investments Inc
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,802
Avg. Annual Appreciation
4.32%
Original Mortgage
$240,000
Outstanding Balance
$239,333
Interest Rate
9.88%
Mortgage Type
New Conventional
Estimated Equity
$67,469
Purchase Details
Closed on
Sep 27, 2023
Sold by
Bouikidis Hrisovalandis and Bouikidis Samantha Ghana
Bought by
Wrightwood 2022 Llc Series 521 Lorraine
Purchase Details
Listed on
Apr 22, 2023
Closed on
Jun 22, 2023
Sold by
Kardoush Llc
Bought by
Bouikidis Samantha Ghanayem and Bouikidis Hrisovalandis
Seller's Agent
Elie Kardoush
Keller Williams North Shore West
Buyer's Agent
Renee O'Brien
Keller Williams North Shore West
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%
Views
166
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Original Mortgage
$191,250
Interest Rate
5.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 2, 2021
Sold by
Kardoush Natalie
Bought by
Kardoush Llc
Purchase Details
Listed on
Jan 25, 2013
Closed on
Mar 6, 2013
Sold by
Fettinger Ann L and Fettinger Ann L
Bought by
Kardoush Natalie
Seller's Agent
John Steele
RE/MAX Plaza
Buyer's Agent
David Ayabarreno
RE/MAX Plaza
List Price
$99,900
Sold Price
$94,500
Premium/Discount to List
-$5,400
-5.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Purchase Details
Closed on
Oct 8, 2007
Sold by
Fettinger Ann L
Bought by
Fettinger Ann L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | Chicago Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $255,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Warranty Deed | $94,500 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,000 | New Conventional | |
| Previous Owner | $191,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | Sold | $300,000 | +1.7% | $160 / Sq Ft |
| 02/17/2025 02/17/25 | Pending | -- | -- | -- |
| 02/10/2025 02/10/25 | For Sale | $295,000 | +15.7% | $157 / Sq Ft |
| 06/23/2023 06/23/23 | Sold | $255,000 | -3.8% | $136 / Sq Ft |
| 05/25/2023 05/25/23 | Pending | -- | -- | -- |
| 05/24/2023 05/24/23 | For Sale | $265,000 | 0.0% | $141 / Sq Ft |
| 05/14/2023 05/14/23 | Pending | -- | -- | -- |
| 05/10/2023 05/10/23 | For Sale | $265,000 | 0.0% | $141 / Sq Ft |
| 05/04/2023 05/04/23 | Pending | -- | -- | -- |
| 04/22/2023 04/22/23 | For Sale | $265,000 | +180.4% | $141 / Sq Ft |
| 03/06/2013 03/06/13 | Sold | $94,500 | -5.4% | $50 / Sq Ft |
| 01/31/2013 01/31/13 | Pending | -- | -- | -- |
| 01/24/2013 01/24/13 | For Sale | $99,900 | -- | $53 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,022 | $66,745 | $10,892 | $55,853 |
| 2023 | $5,022 | $53,255 | $9,752 | $43,503 |
| 2022 | $4,915 | $50,272 | $8,890 | $41,382 |
| 2021 | $5,121 | $49,118 | $8,374 | $40,744 |
| 2020 | $5,187 | $45,759 | $7,801 | $37,958 |
| 2019 | $5,220 | $41,930 | $7,148 | $34,782 |
| 2018 | $4,851 | $36,550 | $8,430 | $28,120 |
| 2017 | $4,600 | $32,336 | $7,458 | $24,878 |
| 2016 | $4,342 | $28,099 | $6,481 | $21,618 |
| 2015 | $4,248 | $25,457 | $5,801 | $19,656 |
| 2014 | $3,507 | $26,264 | $5,322 | $20,942 |
| 2012 | $3,464 | $28,455 | $5,766 | $22,689 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Claussen
-
Humberto Millan Zavala
Buyer's Agent in 2025
Humberto Millan Zavala
Netgar Investments Inc
(224) 944-9455
1 in this area
45 Total Sales
-
Elie Kardoush
Seller's Agent in 2023
Elie Kardoush
Keller Williams North Shore West
(224) 628-2945
1 in this area
95 Total Sales
-
Renee O'Brien
Buyer's Agent in 2023
Renee O'Brien
Keller Williams North Shore West
(847) 687-1954
1 in this area
167 Total Sales
-
John Steele
Seller's Agent in 2013
John Steele
RE/MAX Plaza
(847) 894-0114
99 Total Sales
-
David Ayabarreno
Buyer's Agent in 2013
David Ayabarreno
RE/MAX Plaza
(847) 542-4592
99 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12285783
APN: 08-20-203-021
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