NOT LISTED FOR SALE

622 May St Waukegan, IL 60085

Estimated Value: $218,000 - $280,000

5 Beds
3 Baths
1,516 Sq Ft
$160/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $164,000 $108 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,799/month

176 Days on Market

About This Home

As of March 2021

A completely remodeled 4 bedroom house with a 1 bedroom coach house in the back. 2 new kitchens, 3 new bathrooms, all new siding, roof, floors, sump pump, and the list goes on. Live in one unit and rent out the other for some extra cash flow. Come take a look and make an offer! Zoning is single family residence with a second house on the lot. THIS PROPERTY IS BEING ACTIVATED DUE TO BUYER'S LENDER NOT ORDERING APPRAISAL AND ASKING FOR MANY EXTENSION... CITY OF WAUKEGAN CLOSING LETTER DONE, CITY INSPECTION DONE AND PASSED, BUYER'S HOME INSPECTION DONE AND REPAIRS MADE FOR THEM, SELLER DECIDED NOT TO GRANT ANY MORE EXTENSIONS AND SAID TO REACTIVATE AND GET IT SOLD!!!!

Last Listed By

Dawn Ruiz

Red Door Realty LLC License #475129200 Listed on: 09/02/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,323

Year Built | Renovated

  • 1915 | 2020

Lot Details

  • 4,835

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Parking

  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Fenced Yard

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,323

Year Built | Renovated

1915 | 2020

Lot Details

0

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 3
  • Zoning Type: SINGL
  • Estimated Year Built: 1915
  • Deconversion (Y/N): Y
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915
  • Year Renovated: 2020

Interior Features

  • Number Of Rooms: 10
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 5
  • Above Grade Bedrooms: 5

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Storms/Screens

Garage/Parking

  • Number of Cars: 5
  • Parking: Space/s
  • Parking Details: Off Street, Driveway
  • Number Parking Spaces: 5
  • Parking On Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • School District: 60
  • Elementary School: Carman-Buckner Elementary School
  • Middle School: Thomas Jefferson Middle School
  • High School: Waukegan High School
  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 40 X 122
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 08283080360000

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 3

Tax Info

  • Taxes: 2805

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Mar 25, 2021
Sold by
Granda Angel
Bought by
Blancas Laura and Gutierrez Osvaldo
Seller's Agent
Dawn Ruiz
Red Door Realty LLC
Buyer's Agent
Rocio Rodriguez
Solaris Enterprises Inc
List Price
$184,900
Sold Price
$164,000
Premium/Discount to List
-$20,900
-11.3%
Total Days on Market
176
Current Estimated Value
$242,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,090
Avg. Annual Appreciation
9.79%
Original Mortgage
$161,029
Outstanding Balance
$146,093
Interest Rate
2.75%
Mortgage Type
FHA
Estimated Equity
$95,997

Purchase Details

Listed on
Dec 6, 2017
Closed on
Jan 23, 2018
Sold by
Bank Of America Na
Bought by
Granda Angel
Seller's Agent
Carole ONeill
Chicagoland Realty, LLC
Buyer's Agent
Dawn Ruiz
Red Door Realty LLC
List Price
$41,000
Sold Price
$34,500
Premium/Discount to List
-$6,500
-15.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.08%

Purchase Details

Closed on
Jan 18, 2017
Sold by
Secretary Of Housing & Urban Development
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 15, 2016
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Deve

Purchase Details

Closed on
Dec 11, 2015
Sold by
Ureino Francisco and Case #12 Ch 5007
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 20, 2004
Sold by
Urcino Francisco
Bought by
Garibay Patricia

Purchase Details

Closed on
Oct 28, 1998
Sold by
Contreras Fausto
Bought by
Urcino Francisco and Urcino Clemente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,405
Interest Rate
6.93%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 1997
Sold by
Zires George R
Bought by
Contreras Fausto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,583
Interest Rate
7.7%
Mortgage Type
FHA

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

Similar Homes in the area

  • 1243 Jackson St, North Chicago, IL 60064

    $290,000

    • 7 Beds
    • 3 Baths
    • 1243 Jackson St
    • North Chicago, IL

    Don't miss this move-in-ready two-unit building on a massive 11,250 sq ft lot in North Chicago. The first-floor unit features 3 spacious bedrooms and 1 full bath, while the second-floor unit is a large 4-bedroom, 2-bath duplex that extends into the finished attic, offering tons of living space. Both units have passed all inspections and are fully cleared by the Town of North Chicago for occupancy

    Elena Pichardo Realty of America, LLC

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

    $250,000

    • 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
  • 948 Carney Ave, Waukegan, IL 60085

    $295,000

    • 4 Beds
    • 4 Baths
    • 948 Carney Ave
    • Waukegan, IL

    Introducing 950-948 Carney Ave, a beautiful 4 bedroom, 4 bathroom ranch-style duplex in the Pleasant Hills neighborhood. Each residence features an attached garage and private driveway, offering ample parking. The 950 property has been renovated in 2023. Both units have a finished basement with an additional half bathroom. Unit 948 is presently leased to long-term tenants on a monthly basis. A

    Mallory Davis Coldwell Banker Realty

    Section Image
  • 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, LLC

    Section Image
  • 932 N Jackson St, Waukegan, IL 60085

    $279,900

    • 4 Beds
    • 3 Baths
    • 932 N Jackson St
    • Waukegan, IL

    Situated on an oversized corner lot, you'll discover this multi-unit gem. The sun-filled main unit features gorgeous hardwood floors, an entry parlor, living room and dining room. Two spacious bedrooms offer generous closet space. Kitchen leads to large deck overlooking the incredible yard. The additional 2 units are tenant-occupied for steady income. The jumbo fenced yard is ready for spring

    Deborah Evans Coldwell Banker Realty

    Section Image
  • 1334 Chestnut St, Waukegan, IL 60085

    $275,000

    • 6 Beds
    • 2 Baths
    • 1334 Chestnut St
    • Waukegan, IL

    Attractive Brick 2 units, features 3 Bedrooms each unit. New roof, New Plumbing, New water heater in each unit 2 car garage. Each unit has separate heater and electric. Close to train station, stores and transportation Take a look!

    Flor Luis Washington Century 21 Circle

    Section Image

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
Blancas Laura $164,000 Chicago Title
Granda Angel $34,500 None Available
Bank Of America Na -- Title365
Secretary Of Housing & Urban Deve -- Blue Streak Docs
Bank Of America Na -- Attorney
Garibay Patricia -- --
Urcino Francisco $95,000 Ticor Title
Contreras Fausto $57,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blancas Laura $161,029
Previous Owner Granda Angel Uriostegui $20,000
Previous Owner Urcino Francisco $93,405
Previous Owner Contreras Fausto $85,583
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $164,000 -11.3% $108 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $184,900 0.0% $122 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $184,900 0.0% $122 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/21/2020 10/21/20 Price Changed $184,900 -2.6% $122 / Sq Ft
09/29/2020 09/29/20 For Sale $189,900 0.0% $125 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $189,900 +450.4% $125 / Sq Ft
02/15/2018 02/15/18 Sold $34,500 -15.9% $23 / Sq Ft
12/29/2017 12/29/17 Pending -- -- --
12/29/2017 12/29/17 Price Changed $41,000 +18.8% $27 / Sq Ft
12/11/2017 12/11/17 Off Market $34,500 -- --
12/06/2017 12/06/17 For Sale $41,000 -- $27 / 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 $5,323 $62,644 $6,274 $56,370
2023 $3,856 $56,455 $5,617 $50,838
2022 $3,856 $39,444 $4,371 $35,073
2021 $3,908 $37,484 $3,807 $33,677
2020 $2,814 $24,582 $3,552 $21,030
2019 $2,804 $22,526 $3,255 $19,271
2018 $1,781 $13,772 $3,143 $10,629
2017 $1,746 $12,185 $2,781 $9,404
2016 $2,338 $15,128 $3,454 $11,674
2015 $2,287 $13,539 $3,091 $10,448
2014 $3,577 $21,130 $3,147 $17,983
2012 $4,430 $22,892 $3,410 $19,482
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10846623

Midwest Real Estate Data (MRED)

APN: 08-28-308-036