NOT LISTED FOR SALE

Estimated Value: $186,000 - $255,000

4 Beds
3 Baths
1,932 Sq Ft
$118/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $175,000 $91 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,720/month

47 Days on Market

About This Home

As of February 2022

This beautiful 2 flat in Waukegan could be your dream come true! Totally remodeled from the basement all the way to the roof, this TURN key multi-unit could fit so many different needs! Do you want to live in one unit and rent the other? You could do that here! Are you an investor who doesn't want to remodel a home but wants to immediately start collecting rent? This could be that property for you! Or maybe you want a big home that is all for yourself with so many possibilities galore? This checks that box as well. With each unit having 2 Spacious bedrooms and walk-in closets, attractive living rooms and kitchens, and even a finished attic and basement in the home, you can not go wrong! The owners were meticulous in preparing this GEM of a home when remodeling! Walk into your own paradise backyard where you can sit on your expansive deck and enjoy the day. There hasn't been a space that has not been redone in this multi-unit home! Separate utility meters, a fenced-in yard, a redone SPACIOUS 2 Car garage, and new siding throughout yearns for you to occupy. LOW TAXES. A/C on the first floor and basement but not on the second. Schedule your showing! 24-hour notice required. House was reactivated because we could not come to an agreement on the previous contract. Conventional and cash buyers ONLY even though the house passed FHA requirements. Home being sold AS IS

Last Listed By

Alyssa Pimentel

Compass License #475175398 Listed on: 12/06/2021

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,318

Year Built | Renovated

  • 1901 | 2017

Lot Details

  • 4,792

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Vinyl Siding

Additional Features

  • Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,318

Year Built | Renovated

1901 | 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Two to Four Units
  • Property Type: Residential Income
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • Architectural Style: American 4-Sq.
  • Directions: left on belvedere, right on s Jackson right on 8th st.
  • Lot Size: 38X130
  • New Construction: No
  • Ownership: Fee Simple
  • MRD_AP1: Stove,Refrigerator,Garage/Space
  • MRD_AP2: Stove,Refrigerator,Garage/Space
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1901
  • Year Renovated: 2017

Interior Features

  • Has Basement: Full
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Dining Room Type: Den

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Vinyl Siding
  • Other Structures: Shed(s)
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley
  • Number of Cars: 5
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Garage Spaces: 2
  • Total Parking Spaces: 3

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Junior High Dist: 60

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zoning: MULTI

Rental Info

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

Multi Family

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

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 2553.1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Feb 21, 2022
Sold by
Salud Romulo V and Salud Mercita B
Bought by
Padilla-Hinojosa Manuel
Seller's Agent
Alyssa Pimentel
Compass
Buyer's Agent
Sammy Diaz
Keller Williams North Shore West
Sold Price
$175,000
Total Days on Market
47
Current Estimated Value
$228,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,125
Avg. Annual Appreciation
8.50%
Original Mortgage
$131,250
Outstanding Balance
$124,064
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$104,061

Purchase Details

Closed on
Aug 8, 2017
Sold by
Salud Maria
Bought by
Salud Romulo V and Salud Mercita B

Purchase Details

Listed on
Aug 23, 2012
Closed on
Oct 18, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Salud Maria Theresa B
Seller's Agent
Holly Wyckoff
Baird & Warner
Buyer's Agent
Holly Wyckoff
Baird & Warner
List Price
$25,700
Sold Price
$19,000
Premium/Discount to List
-$6,700
-26.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.82%

Purchase Details

Closed on
Jul 19, 2012
Sold by
Guadarrama Juan
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 25, 2003
Sold by
Guadarrama Gonzalo
Bought by
Guadarrama Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,125
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 2000
Sold by
Marban Juan E and Morales Ana Maria
Bought by
Guadarrama Juan and Guadarrama Gonzalo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,215
Interest Rate
7.8%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 1999
Sold by
Hernandez Andres and Gonzalez Jesus Maria
Bought by
Marban Juan E and Morales Ana Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,847
Interest Rate
6.85%
Mortgage Type
FHA

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
Padilla-Hinojosa Manuel $175,000 Chicago Title
Salud Romulo V -- None Available
Salud Maria Theresa B $19,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Guadarrama Juan -- Home Equity Title
Guadarrama Juan $96,000 --
Marban Juan E $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla-Hinojosa Manuel $131,250
Previous Owner Guadarrama Juan $157,500
Previous Owner Guadarrama Juan $15,000
Previous Owner Guadarrama Juan $132,000
Previous Owner Guadarrama Juan $126,900
Previous Owner Guadarrama Juan $114,500
Previous Owner Guadarrama Juan $105,125
Previous Owner Guadarrama Juan $95,215
Previous Owner Marban Juan E $74,847
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $175,000 -5.4% $91 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/21/2022 01/21/22 For Sale -- -- --
01/10/2022 01/10/22 Pending -- -- --
12/06/2021 12/06/21 For Sale $185,000 +873.7% $96 / Sq Ft
10/25/2012 10/25/12 Sold $19,000 -26.1% $10 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $25,700 0.0% $13 / Sq Ft
09/12/2012 09/12/12 Pending -- -- --
08/23/2012 08/23/12 For Sale $25,700 -- $13 / 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 $5,318 $62,584 $6,511 $56,073
2023 $3,730 $56,400 $5,829 $50,571
2022 $3,730 $44,151 $4,537 $39,614
2021 $2,872 $33,552 $3,951 $29,601
2020 $2,589 $28,840 $3,686 $25,154
2019 $2,553 $26,428 $3,378 $23,050
2018 $1,109 $14,955 $2,509 $12,446
2017 $1,029 $13,231 $2,220 $11,011
2016 $1,611 $16,424 $2,756 $13,668
2015 $1,470 $14,700 $2,467 $12,233
2014 $4,065 $24,027 $2,523 $21,504
2012 $4,097 $26,032 $2,734 $23,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11281981

Midwest Real Estate Data (MRED)

APN: 08-28-318-002