NOT LISTED FOR SALE

555 W Water St Unit 2 Waukegan, IL 60085

Estimated Value: $242,906 - $292,000

3 Beds
1 Bath
1,423 Sq Ft
$191/Sq Ft Est. Value

Highlights

  • Property is near a bus stop
  • Forced Air Heating System
  • 2-minute walk to Washington Park

About This Home

As of June 2017

Beautiful unit with hardwood floors and brand new appliances.

Last Agent to Rent the Property

Josh Tobey

Castlewood Properties License #471004016 Listed on: 05/09/2017

Co-Listed By

David Garrigus

Castlewood Properties License #471003995

Last Renter's Agent

Josh Tobey

Castlewood Properties License #471004016 Listed on: 05/09/2017

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,614

Year Built

  • 1928

Lot Details

  • 4,530

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Parking Included in Price

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near a bus stop

Community Details

  • Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$5,614

Year Built

1928

Lot Details

0

Rental Info

  • Available: 05/10/2017
  • Monthly Lot Rental Included: Water, Parking, Scavenger

Listing Details

  • Property Type: Residential Rental
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Type Attached: Low Rise (1-3 Stories)
  • Unit Floor Level: 2
  • Age: 81-90 Years
  • Special Features: None
  • Stories: 2
  • Year Built: 1928

Interior Features

  • Number Of Rooms: 5
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X12
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 10X10
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 10X10
  • Living Room Level: Main Level
  • Living Room Size: 12X20
  • Kitchen Level: Main Level
  • Kitchen Size: 12X12
  • Additional Rooms: No additional rooms

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Pet Information: Cats OK, Dogs OK, Pet Weight Limitation
  • Common Area Amenities: Storage

Fee Information

  • Management Company: Castlewood Properties

Schools

  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 50X150

Multi Family

  • Total Number Unitsin Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2020
Sold by
Clear Capital Llc
Bought by
Clear Capital Core 1 Llc
Current Estimated Value
$271,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,144,975
Outstanding Balance
$1,016,538
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$754,849

Purchase Details

Closed on
Sep 30, 2015
Sold by
Mt Homes Llc
Bought by
Clear Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 2013
Sold by
Federal National Mortgage Association
Bought by
Mt Homes Llc

Purchase Details

Closed on
Nov 30, 2012
Sold by
Matthews Lisa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 31, 2007
Sold by
Ramirez Lorenzo
Bought by
Matthews Helorus J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,801
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2004
Sold by
Stricklin Mark and Stricklin Susan L
Bought by
Ramirez Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,975
Interest Rate
8.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 29, 2004
Sold by
Fincher Mary Kay and Selby Mary Kay
Bought by
Fincher John and Fincher Pam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,975
Interest Rate
8.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 20, 1999
Sold by
Fincher John and Fincher Pam
Bought by
Stricklin Mark and Stricklin Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,700
Interest Rate
7.76%
Mortgage Type
Commercial
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
Clear Capital Core 1 Llc -- Attorney
Clear Capital Core 1 Llc -- Attorney
Clear Capital Llc $65,000 Greater Illinois Title Co
Mt Homes Llc $38,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Matthews Helorus J $176,000 Attorneys Title Guaranty Fun
Ramirez Lorenzo $170,500 Matc
Fincher John -- --
Stricklin Mark $98,000 Freedom Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clear Capital Core 1 Llc $1,144,975
Closed Clear Capital Core 1 Llc $1,144,975
Previous Owner Clear Capital Llc $740,000
Previous Owner Matthews Helorus J $166,801
Previous Owner Ramirez Lorenzo $161,975
Previous Owner Stricklin Mark S $100,000
Previous Owner Stricklin Mark $126,000
Previous Owner Stricklin Mark $99,700
Previous Owner Stricklin Mark $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2017 06/01/17 Rented $975 0.0% --
05/24/2017 05/24/17 Under Contract -- -- --
05/15/2017 05/15/17 For Rent $975 0.0% --
05/12/2017 05/12/17 Under Contract -- -- --
05/09/2017 05/09/17 For Rent $975 -- --
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 $5,614 $69,524 $6,162 $63,362
2023 $4,288 $59,539 $5,277 $54,262
2022 $4,288 $43,862 $3,614 $40,248
2021 $4,533 $43,479 $3,582 $39,897
2020 $4,592 $40,506 $3,337 $37,169
2019 $4,835 $38,835 $3,058 $35,777
2018 $4,204 $32,516 $3,788 $28,728
2017 $4,092 $28,767 $3,351 $25,416
2016 $5,077 $32,851 $2,912 $29,939
2015 $4,967 $29,402 $2,606 $26,796
2014 $1,978 $12,569 $2,112 $10,457
2012 $4,904 $30,204 $2,289 $27,915
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09621179

Midwest Real Estate Data (MRED)

APN: 08-21-322-030