Seller's Agent in 2023
Lori Mattice
RE/MAX Plaza
(847) 764-4663
570 Total Sales
525 Baldwin Ave Waukegan, IL 60085
Estimated Value: $201,000 - $270,000
4
Beds
3
Baths
1,233
Sq Ft
$191/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Wood Flooring
- Forced Air Heating and Cooling System
- Deck
- Workshop
- 5-minute walk to Hinkston Park
About This Home
As of November 2023MULTIPLE OFFERS - HIGHEST AND BEST DUE BY 10/27/23 @ NOON. INCREDIBLE OPPORTUNITY TO BUILD EQUITY on this home situated in a peaceful neighborhood, just waiting for the right investor to unlock its possibilities. Long time owner would LOVE To see this home come back to it's full potential, as they remember it once was. This expansive 4-bedroom, 2-bathroom home sits on a double lot, offering a rare opportunity for expansion or a second structure, pending approval from the City of Waukegan. The additional vacant lot, identified by a separate PIN#, opens doors for creative ventures, be it a garden oasis or a 2nd garage, or possible buildable lot for another home, subject to city approval. While the current plumbing and electrical systems require attention, this property is tailor-made for cash investors with a keen eye for opportunity. Bring your vision to life and explore the prospect of transforming this property into a profitable 2-unit residence, contingent upon the City of Waukegan's green light. Convenient location close to shopping centers! For the savvy investor, this fixer-upper isn't just a house; it's a canvas for a lucrative investment. Cash transactions open the door for a seamless acquisition process, making this opportunity even more enticing. Seller will also consider a buyer wanting to do a rehab loan included in the offer. Seize the chance to reimagine this home. With the right resources and creativity, this home could become a flagship investment in your portfolio. Turn this diamond in the rough into a valuable asset, creating a space that not only enhances the neighborhood but also secures your financial future.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,456
Year Built
- Built in 1945
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 100 x 135
- Additional Parcels
Home Design
- Cape Cod Architecture
- Block Foundation
- Asphalt Roof
Interior Spaces
- 1,233 Sq Ft Home
- 1.5-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- Workshop
- Wood Flooring
- Dormer Attic
- Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
- Sink Near Laundry
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Parking
- 2 Parking Spaces
- Driveway
- Uncovered Parking
- Off-Street Parking
- Parking Included in Price
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 60 Amp Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 12, 2024
Sold by
Riddhi World Llc
Bought by
Mehaai World Llc
Current Estimated Value
Purchase Details
Closed on
Apr 23, 2024
Sold by
Mehaai World Llc
Bought by
Riddhi World Llc
Purchase Details
Listed on
Oct 25, 2023
Closed on
Nov 29, 2023
Sold by
Dachdjian Paul and Derrow Marian
Bought by
Mehaai World Llc
Seller's Agent
Lori Mattice
RE/MAX Plaza
Buyer's Agent
Avani Kochar
ARNI Realty Incorporated
List Price
$109,900
Sold Price
$130,000
Premium/Discount to List
$20,100
18.29%
Views
111
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.93%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mehaai World Llc | -- | None Listed On Document | |
| Riddhi World Llc | -- | None Listed On Document | |
| Mehaai World Llc | $130,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/29/2023 11/29/23 | Sold | $130,000 | +18.3% | $105 / Sq Ft |
| 10/27/2023 10/27/23 | Pending | -- | -- | -- |
| 10/25/2023 10/25/23 | For Sale | $109,900 | -- | $89 / 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 | $4,600 | $54,485 | $12,679 | $41,806 |
| 2023 | $4,600 | $48,781 | $11,352 | $37,429 |
| 2022 | $4,438 | $45,400 | $10,458 | $34,942 |
| 2021 | $4,164 | $39,943 | $8,934 | $31,009 |
| 2020 | $2,971 | $37,212 | $8,323 | $28,889 |
| 2019 | $2,894 | $34,099 | $7,627 | $26,472 |
| 2018 | $2,641 | $32,127 | $9,816 | $22,311 |
| 2017 | $2,478 | $28,423 | $8,684 | $19,739 |
| 2016 | $2,117 | $24,698 | $7,546 | $17,152 |
| 2015 | $1,876 | $22,105 | $6,754 | $15,351 |
| 2014 | $1,723 | $20,335 | $7,284 | $13,051 |
| 2012 | $2,695 | $22,031 | $7,891 | $14,140 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Mattice
-
Avani Kochar
Buyer's Agent in 2023
Avani Kochar
ARNI Realty Incorporated
(847) 668-7879
1 Total Sale
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11907315
APN: 08-19-208-022
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