NOT LISTED FOR SALE

609 Cummings Ave Waukegan, IL 60085

Estimated Value: $156,000 - $282,000

4 Beds
2 Baths
1,806 Sq Ft
$110/Sq Ft Est. Value

Last Sold November 07, 2016

Last sale price $35,000 $19 Per Sq Ft

Est. 467% increase in value since last sale

Current estimated payment $1,494/month

336 Days on Market

About This Home

As of November 2016

2 UNIT WITH 2 BEDROOMS EACH UNIT, SEPERATE ELECTRIC & GAS PRICED RIGHT FOR A SHORT SALE. 2ND FL IS OCCUPIED & IS THE SAME LAYOUT AS 1ST FL, BUT YOU CAN MOVE IN THE 1ST FL AND COLLECT THE RENT! SOLD AS-IS NO FHA ACCEPTED, 20% DOWN CONVENTIONAL FINANCING OR CASH OFFERS ONLY. E-Z TO SHOW CALL LISTING OFFICE 9am TO 6PM CALL LISTING AGENT AFTER HOURS. PLEASE ALLOW TIME FOR SHORT SALE APPROVAL.

Last Listed By

Willie Simpson

RE/MAX Plaza License #475132200 Listed on: 09/17/2015

RE/MAX Plaza

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 9,714

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • On-Street Parking
  • Uncovered Parking
  • Parking Space is Owned

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch
  • Lot Dimensions are 60 x 150
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • 2 Flat

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 42975
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Side Apron
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Dimensions: 60 X 150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2410.2
  • Tax Year: 2015
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

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
Total Days on Market
336
Current Estimated Value
$198,514

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
$1,021,187
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$822,673

Purchase Details

Listed on
Sep 17, 2015
Closed on
Nov 3, 2016
Sold by
Johnson Henry L and Johnson Earl Elizabeth
Bought by
Clear Capital Llc
Seller's Agent
Willie Simpson
RE/MAX Plaza
Buyer's Agent
David Garrigus
Castlewood Properties
List Price
$64,975
Sold Price
$35,000
Premium/Discount to List
-$29,975
-46.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.48%

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 $35,000 Fidelity National 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 $432,000
Previous Owner Johnson Henry L $137,700
Previous Owner Johnson Henry L $126,000
Previous Owner Johnson Henry L $105,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2016 11/07/16 Sold $35,000 -18.6% $19 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
06/06/2016 06/06/16 Price Changed $42,975 -14.0% $24 / Sq Ft
11/13/2015 11/13/15 Price Changed $49,975 -9.1% $28 / Sq Ft
10/02/2015 10/02/15 Price Changed $54,975 -15.4% $30 / Sq Ft
09/17/2015 09/17/15 For Sale $64,975 -- $36 / 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 $4,598 $49,508 $12,673 $36,835
2023 $3,002 $48,757 $11,347 $37,410
2022 $3,002 $30,705 $7,770 $22,935
2021 $3,173 $30,437 $7,702 $22,735
2020 $3,214 $28,355 $7,175 $21,180
2019 $3,530 $28,354 $6,575 $21,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09042826

Midwest Real Estate Data (MRED)

APN: 08-28-308-044