NOT LISTED FOR SALE

537 S Lincoln Ave Waukegan, IL 60085

Estimated Value: $293,579

6 Beds
3 Baths
2,664 Sq Ft
$110/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $175,000 $66 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,078/month

49 Days on Market

Highlights

  • Screened Deck
  • 2 Car Detached Garage
  • 4-minute walk to Kirk Park
  • Enclosed Balcony

About This Home

As of July 2016

Well Maintained, Brick 2 Unit, 3 bedrooms each, dining rooms, full basement, floored attic, separate utilities, new rear decks and 2 car garage. First floor unit has 2 full bathrooms. Upstairs unit has screened front deck. Remodeled baths and kitchens. New carpeting and interior painting. Hardwood floors under carpeting. Newer hot water heater and furnace. Basement has new sprinkler system. Washer and dryer included. Newer roof. Motion light in front,rear & sides. Back yard patio and fruit trees. Easy to show.

Last Agent to Sell the Property

Gwendolyn Broughton

Freedom Realty License #475087110 Listed on: 03/29/2016

Last Buyer's Agent

Lilly Cardenas

Charles Rutenberg Realty of IL License #475137817

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,292

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x134

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Enclosed Balcony
  • Screened Deck

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,292

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Room Type: Enclosed Balcony
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Washer,Dryer
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Screened Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 179000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 50X134
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4291.62
  • Tax Year: 2014

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
Jul 1, 2016
Sold by
Lawrence Williams Jr Declaration Of Trus
Bought by
Chavez Joaquin and Chavez Bertha
Seller's Agent
Gwendolyn Broughton
Freedom Realty
Buyer's Agent
Lilly Cardenas
Charles Rutenberg Realty of IL
List Price
$179,000
Sold Price
$175,000
Premium/Discount to List
-$4,000
-2.23%
Total Days on Market
49
Current Estimated Value
$293,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,579
Avg. Annual Appreciation
5.95%
Original Mortgage
$171,830
Outstanding Balance
$141,926
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$151,653

Purchase Details

Closed on
Sep 23, 2004
Sold by
Mccurtis Clearetta and Williams Lorena D
Bought by
Williams Lorena D

Purchase Details

Closed on
Jul 29, 2002
Sold by
Mccurtis Clearetta and Williams Lorena D
Bought by
Williams Lorena D

Purchase Details

Closed on
May 2, 1994
Sold by
Williams Lawrence and Williams Lawrence J
Bought by
Williams Lawrence
Source: Public Records

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Range of Values:

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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
Chavez Joaquin $175,000 Attorneys Title Guaranty Fun
Williams Lorena D $20,028 --
Williams Lorena D $12,275 --
Williams Lawrence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Joaquin $15,133
Open Chavez Joaquin $171,830
Closed Chavez Joaquin $171,830
Previous Owner Mccurtis Clearetta $32,397
Previous Owner Williams Lorena D $12,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $175,000 -2.2% $66 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $179,000 -- $67 / 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 $6,244 $82,360 $9,036 $73,324
2023 $5,254 $74,219 $8,090 $66,129
2022 $5,254 $53,740 $6,296 $47,444
2021 $5,321 $51,042 $5,483 $45,559
2020 $4,969 $43,832 $5,116 $38,716
2019 $5,000 $40,165 $4,688 $35,477
2018 $4,576 $36,191 $3,484 $32,707
2017 $4,348 $30,568 $3,082 $27,486
2016 $4,105 $26,562 $3,826 $22,736
2015 $4,016 $23,773 $3,424 $20,349
2014 $2,571 $25,348 $3,320 $22,028
2012 $3,746 $27,461 $3,597 $23,864
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09177785

Midwest Real Estate Data (MRED)

APN: 08-28-118-010