NOT LISTED FOR SALE

537 George Ave Waukegan, IL 60085

Estimated Value: $157,000 - $185,000

2 Beds
2 Baths
1,050 Sq Ft
$159/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $130,000 $124 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,090/month

179 Days on Market

Highlights

  • Entrance Foyer
  • 1-Story Property
  • 5-minute walk to Eugene P King Park

About This Home

As of May 2024

Hello investors & handyperson! Welcome to your new project! Charming 2-bedroom, 2-bathroom ranch-style home with a basement, offering immense potential for renovation and customization. This property presents a fantastic opportunity for those seeking a project to create their dream home. The kitchen provides a solid foundation for your creative vision. With ample space and potential for updates, you can transform this area into a modern culinary heaven. Imagine the possibilities of designing a stylish and functional kitchen that perfectly suits your needs. The two bedrooms offer comfortable spaces for rest and relaxation. Whether you envision a cozy guest room, a home office, or a serene principal suite, these bedrooms offer endless potential. Descend into the basement, a blank canvas awaiting your imaginative touch. Here, you'll find ample space for additional living areas, a recreation room, or a workshop. With a little creativity and effort, this area can become an extension of your vision for the perfect home. Outside, the property features a sizable yard, providing the ideal setting for outdoor activities, and gardening. Conveniently located near schools, parks, shopping centers, and major transportation routes, this home offers both accessibility and the potential for a comfortable lifestyle. With renovations, this property has the potential to become a stunning gem in a sought-after neighborhood. Don't miss out on this incredible opportunity to create the home of your dreams. This 2-bedroom, 2-bathroom ranch-style home is a blank canvas ready for your personal touch. Take advantage of this chance to make this house your own and turn it into the perfect place to call home.

Last Agent to Sell the Property

Silvia Carmona

Jason Mitchell Real Estate IL License #471002878 Listed on: 10/31/2023

Jason Mitchell Real Estate IL

Last Buyer's Agent

Rocio Mena

HomeSmart Connect LLC License #475160353

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,880

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 42x102.8

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Space is Owned

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,880

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1901
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1050
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 1050
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1050
  • Basement Sq Ft: 1050
  • Total Sq Ft: 2100
  • Unfinished Basement Sq Ft: 1050
  • Main Level Sq Ft: 1050
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 149999
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • OpenParkingSpaces: 4
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Dimensions: 42X102.8
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 1879.76
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Robins Fred D
Bought by
Super Brothers Investments Llc 537 George Ave
Current Estimated Value
$166,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,950
Interest Rate
7.17%
Mortgage Type
Construction
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
Super Brothers Investments Llc 537 George Ave $130,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Super Brothers Investments Llc 537 George Ave $138,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $130,000 -13.3% $124 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
10/31/2023 10/31/23 For Sale $149,999 -- $143 / 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 $2,527 $38,625 $5,272 $33,353
2023 $1,880 $34,800 $4,720 $30,080
2022 $1,880 $25,228 $3,673 $21,555
2021 $1,632 $21,649 $3,199 $18,450
2020 $1,435 $18,662 $2,985 $15,677
2019 $1,392 $17,100 $2,735 $14,365
2018 $1,134 $9,929 $2,032 $7,897
2017 $1,174 $8,785 $1,798 $6,987
2016 $1,275 $10,906 $2,232 $8,674
2015 $1,394 $9,761 $1,998 $7,763
2014 $1,766 $15,976 $2,509 $13,467
2012 $2,409 $17,310 $2,719 $14,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11920646

Midwest Real Estate Data (MRED)

APN: 08-28-125-003