NOT LISTED FOR SALE

620 Bluff St Waukegan, IL 60085

Estimated Value: $274,000 - $300,000

6 Beds
2 Baths
2,424 Sq Ft
$120/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $260,000 $107 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,940/month

8 Days on Market

Highlights

  • Corner Lot
  • Ceiling Fan
  • 3-minute walk to Washington Park
  • Enclosed patio or porch

About This Home

As of October 2023

TWO UNIT APARTMENT BUILDING -- Bright, three bedroom, one bath layouts on each floor. Spacious living with individual tenant hallways & entrances. Enclosed front porches with new windows. Beautiful hardwood floors, separate dining rooms. Each kitchen is laid out with a refrigerator, range, micro-hood, dishwasher, and desirable layout. Second floor unit includes a full laundry room off the kitchen. Separated central gas-forced heat/air conditioning and utilities in each unit. Full basement with separate storage cages. Newer HVAC systems. Many renovations completed in March of 2021 including a new roof and siding. Fresh landscaping done in 9/2023. Seal coating to be completed 9/15/23. Great existing tenants. Currently both on MTM leases. **Listing broker is related to the seller.**

Last Agent to Sell the Property

Jeannine Graff

Graff Realty License #471021276 Listed on: 09/12/2023

Last Buyer's Agent

Jorge Trujillo

RE/MAX American Dream License #475132174

RE/MAX American Dream

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,459

Year Built

  • Built in 1901 | Remodeled in 2018

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 79.2x48x79.2x47.8
  • Corner Lot

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,093
  • Maintenance Expense $1,500
  • Water Sewer Expense $780
  • Gross Income $28,200
  • Net Operating Income $24,227

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,459

Year Built

Built in 1901 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1901
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors, Ceiling Fan(s), Water Heater-Gas
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 275000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Water Sewer Expenses: 780
  • Other Expenses $: 600
  • Trash Expense Year: 2022

Schools

  • Middle/Junior School District: 60

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.09
  • Lot Dimensions: 79.2X48X79.2X47.8
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 24227
  • Insurance Expense: 1093
  • GrossIncome: 28200
  • Maintenance Expense: 1500
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4458.76
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2023
Sold by
Graff Christine
Bought by
Cgi Llc Series 3
Current Estimated Value
$291,548

Purchase Details

Closed on
Jun 17, 1996
Sold by
Mcaulay Charles W and Mcaulay Rebecca L
Bought by
Lauer Trudy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
8.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 1995
Sold by
Debree Peter and Debree Lynn M
Bought by
Graff Christine
Source: Public Records

Similar Homes in Waukegan, IL

  • 619 N Jackson St, Waukegan, IL 60085

    $299,500

    • 5 Beds
    • 2 Baths
    • 619 N Jackson St
    • Waukegan, IL

    Welcome to this incredible 2-unit opportunity in Waukegan! Step into the first floor and discover a spacious layout featuring 3 bedrooms, 1 full bathroom, enclose porch for your enjoyment - perfect for comfortable everyday living. Upstairs, you'll find a move-in-ready second unit with 2 bedrooms, 1 bathroom, a cozy living room, and a dining area. Outside, enjoy a large parking area with plenty of

    Venny Rivera eXp Realty

    Section Image
  • 123 Philippa Ave, Waukegan, IL 60085

    $362,000

    • 7 Beds
    • 2 Baths
    • 123 Philippa Ave
    • Waukegan, IL

    Don't miss this one! Live in it or rent it out, this building has 2 well-maintained, beautifully-lit, spacious units. Property has 3,178 in total living space with 4,767 in total square feet. Second Floor Unit offers 4 bedrooms ; 1st floor Unit has 3 bedrooms. Each unit has an eat in kitchen, separate dining room, living area, sitting area and approximately 1,500 sq ft of living space! Painted

    Katie Orsini Baird & Warner

    Section Image
  • 28 S Fulton Ave, Waukegan, IL 60085

    $245,000

    • 4 Beds
    • 2 Baths
    • 28 S Fulton Ave
    • Waukegan, IL

    Great income property. This occupied 2 unit has long time tenants that would like to stay! Main floor is 2 bedrooms with a huge dining room for entertaining. Full unfinished basement. Upstairs is 2 bedrooms, eat in kitchen, sitting area and baseboard electric heat.

    Michelle Battisfore Cornerstone Realty Group, LLC

    Section Image
  • 670 S Martin Luther King jr Ave, Waukegan, IL 60085

    $255,000

    • 4 Beds
    • 2 Baths
    • 670 S Martin Luther King jr Ave
    • Waukegan, IL

    Landlord pays $63.10 a month water bill to City of Waukegan North Shore Water Reclamation District $120.74 quarterly expense UNIT 1 new tile flooring in kitchen and bathroom, new refrigerator and stove. UNIT 2 new tile and flooring all throughout the unit, new refrigerator. Roof fascia repaired Brand new underground sewer pipe. All work above completed less than 1 year ago. 5 A/C units

    Nancy Drabek Berkshire Hathaway HomeServices Chicago

    Section Image
  • 1532 North Ave, Waukegan, IL 60085

    $275,000

    • 4 Beds
    • 2 Baths
    • 1532 North Ave
    • Waukegan, IL

    Solid 2 Units brick, 2 Bedrooms each unit separate utilities in apartment second unit has a newer furnace, nice size back yard 2 car garage property sold "As Is", close to train station, transportation stores, restaurants, good investment.......

    Flor Luis Washington Century 21 Circle

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cgi Llc Series 3 -- --
Lauer Trudy A $7,500 Blackhawk Title Services
Graff Christine $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graff Christine $64,793
Previous Owner Lauer Trudy A $68,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $260,000 -5.5% $107 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/18/2023 09/18/23 Price Changed $275,000 -6.8% $113 / Sq Ft
09/12/2023 09/12/23 For Sale $295,000 -- $122 / 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 $4,721 $60,917 $5,172 $55,745
2023 $4,721 $50,062 $4,430 $45,632
2022 $4,459 $45,609 $3,600 $42,009
2021 $3,751 $35,981 $3,006 $32,975
2020 $3,800 $33,520 $2,800 $30,720
2019 $3,824 $30,716 $2,566 $28,150
2018 $3,861 $29,865 $3,180 $26,685
2017 $3,758 $26,422 $2,813 $23,609
2016 $3,548 $22,959 $2,444 $20,515
2015 $3,471 $20,548 $2,187 $18,361
2014 $3,223 $19,050 $2,028 $17,022
2012 $3,995 $20,640 $2,197 $18,443
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11883769

Midwest Real Estate Data (MRED)

APN: 08-21-321-015