NOT LISTED FOR SALE

629 Franklin St Waukegan, IL 60085

Estimated Value: $280,000 - $308,000

6 Beds
4 Baths
3,120 Sq Ft
$93/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $220,000 $71 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,255/month

8 Days on Market

About This Home

As of November 2021

Small 4 unit brick building with lots of potential for monthly income . 2-2 Bedroom unit 1 full bathroom in each unit on main floor and 2 -1 bedroom unit with 1 full bathroom in each unit in lower level. 2 Parking spaces for each unit . Tenants are month to month .. Buyers and Brokers see time for showing and give us a call . Must follow Covid 19 guidelines when enter building units. Showings 629 and 633 ONLY Tuesdays and Thursday's 4 pm -6 pm Saturday 10am to 1: 00 pm offers will be review on October 17 2021

Last Agent to Sell the Property

Luis Fuentes

RE/MAX Plaza License #475112552 Listed on: 10/10/2021

RE/MAX Plaza

Last Buyer's Agent

Stewart Ramirez

E- Signature Realty License #471020107

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,372

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 40 x 128
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Parking

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

Utilities

  • Baseboard Heating

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,372

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1961
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 3

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 194000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Middle/Junior School District: 60

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 40 X 128
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 8372.1
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

MLS Schools

  • Other Public Sch Dist: CLC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2021
Closed on
Nov 10, 2021
Sold by
Trust No C98e37k
Bought by
Hadjis Theodore Basil
Seller's Agent
Luis Fuentes
RE/MAX Plaza
Buyer's Agent
Stewart Ramirez
E- Signature Realty
List Price
$194,000
Sold Price
$220,000
Premium/Discount to List
$26,000
13.4%
Current Estimated Value
$290,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,824
Avg. Annual Appreciation
8.67%
Original Mortgage
$165,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 1999
Sold by
Hernandez Joseph
Bought by
Hernandez Joseph John and Trust #C98e36k

Purchase Details

Closed on
Dec 21, 1998
Sold by
Hernandez Joseph and Hernandez Albert
Bought by
Hernandez Albert and Trust #C98e37k
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
Hadjis Theodore Basil $220,000 First American Title
Hernandez Joseph John -- --
Hernandez Albert -- --
Hernandez Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hadjis Theodore Basil $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $220,000 +13.4% $71 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/10/2021 10/10/21 For Sale $194,000 -- $62 / 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 $7,622 $89,672 $6,737 $82,935
2023 $7,756 $80,828 $6,032 $74,796
2022 $7,756 $79,332 $5,737 $73,595
2021 $8,213 $78,774 $5,118 $73,656
2020 $8,319 $73,387 $4,768 $68,619
2019 $8,372 $67,247 $4,369 $62,878
2018 $9,215 $69,430 $5,566 $63,864
2017 $8,738 $61,426 $4,924 $56,502
2016 $8,248 $53,377 $4,279 $49,098
2015 $8,070 $47,773 $3,830 $43,943
2014 $5,888 $34,805 $3,068 $31,737
2012 $7,298 $37,707 $3,323 $34,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11242971

Midwest Real Estate Data (MRED)

APN: 08-21-114-009