NOT LISTED FOR SALE

664 S Mcalister Ave Waukegan, IL 60085

Estimated Value: $279,000 - $297,035

10 Beds
5 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold December 21, 2018

Last sale price $175,000

Est. 66% increase in value since last sale

Current estimated payment $2,290/month

63 Days on Market

Highlights

  • Screened Porch
  • Sitting Room
  • Forced Air Heating System
  • Den
  • Entrance Foyer
  • 5-minute walk to Eugene P King Park

About This Home

As of December 2018

Deal Fell Through Back On the Market! 2 Buildings for the Price of One. Move In Condition!!! Live in one Unit and Rent the other 2 for Positive Income. This 3 unit property includes a 2 Flat Building with 4 Bedrooms, 2 Baths, Sep. Living Rm. & Dining Rm & over 1,400 sq. ft. in each Unit. Both unit's Master Bedrooms have a Master Bath. Also Included in this Fantastic Deal is a Separate 2 Story, 2 Bedroom House with over 1,180 sq. ft., all at a Great Price! All 3 Units have been Completely Remodeled with New Windows, New Plumbing, 3 New Updated 100 Amp Electric Services, 3 New Furnaces, 3 Kitchens, 5 Baths, Interior doors, Flooring, Carpet & Appliances. All Gas & Electric Utilities are separate & Both Buildings have Full Basements that can be used for storage. This is great investment because you can basically live for free by renting 2 of the units and living in one of the units! Investors should also take a look at this potential $2,800 a month income. This is a Great Opportunity th

Last Agent to Sell the Property

Willie Simpson

RE/MAX Plaza License #475132200 Listed on: 08/28/2018

RE/MAX Plaza

Last Buyer's Agent

Jorge Trujillo

Re/Max American Dream

Re/Max American Dream

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,168

Year Built

  • Built in 1920 | Remodeled in 2018

Lot Details

  • 6,098 Sq Ft Lot

Interior Spaces

  • Entrance Foyer
  • Sitting Room
  • Den
  • Screened Porch
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Waukegan High Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,168

Year Built

Built in 1920 | 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: 1920
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • 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: 5
  • Total Bedrooms: 10
  • Room Type: Den, Enclosed Porch, Foyer, Screened Porch, Sitting Room
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 179975
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Elementary School: WAUKEGAN HIGH SCHOOL
  • Middle/Junior School District: 60

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 6258 SQ FT
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4167.87
  • Tax Year: 2017

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2018
Closed on
Dec 21, 2018
Sold by
Mayfield Rita
Bought by
Aguilera Betancourth Eduviges A
Seller's Agent
Willie Simpson
RE/MAX Plaza
Buyer's Agent
Jorge Trujillo
Re/Max American Dream
List Price
$179,975
Sold Price
$175,000
Premium/Discount to List
-$4,975
-2.76%
Total Days on Market
63
Current Estimated Value
$290,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,012
Avg. Annual Appreciation
8.59%
Original Mortgage
$131,250
Outstanding Balance
$117,753
Interest Rate
5.37%
Mortgage Type
New Conventional
Estimated Equity
$179,813

Purchase Details

Closed on
Mar 28, 2016
Sold by
Wells Fargo Bank Na
Bought by
Mayfield Rita

Purchase Details

Closed on
Jan 29, 2014
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 16, 2013
Sold by
Montiel William and Rios Gabino
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Aug 9, 2004
Sold by
Rios Gabino H and Montiel William
Bought by
Rios Gabino H and Rios Virginia R

Purchase Details

Closed on
Sep 24, 2002
Sold by
Seppala Eino E and Seppala Betty T
Bought by
Rios Gabino H and Montiel William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,049
Interest Rate
6.34%
Mortgage Type
FHA
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
Aguilera Betancourth Eduviges A $175,000 Greater Illinois Title Co
Mayfield Rita $35,000 Servicelink Llc
Wells Fargo Bank Na -- None Available
The Secretary Of Hud -- None Available
Rios Gabino H -- --
Rios Gabino H $189,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilera Betancourth Eduviges A $131,250
Previous Owner Rios Gabino H $30,000
Previous Owner Rios Gabino H $18,300
Previous Owner Rios Gabino H $186,049
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $175,000 -2.8% --
10/30/2018 10/30/18 Pending -- -- --
10/29/2018 10/29/18 For Sale $179,975 +2.8% --
09/19/2018 09/19/18 Off Market $175,000 -- --
09/05/2018 09/05/18 Pending -- -- --
09/03/2018 09/03/18 For Sale $179,975 +2.8% --
08/30/2018 08/30/18 Off Market $175,000 -- --
08/28/2018 08/28/18 For Sale $179,975 -- --
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 $7,992 $102,908 $8,154 $94,754
2023 $6,045 $92,755 $7,300 $85,455
2022 $6,045 $67,839 $5,965 $61,874
2021 $6,110 $64,606 $5,195 $59,411
2020 $5,576 $55,334 $4,846 $50,488
2019 $5,576 $50,705 $4,441 $46,264
2018 $4,282 $33,117 $3,300 $29,817
2017 $4,168 $29,300 $2,920 $26,380
2016 $4,988 $32,278 $3,625 $28,653
2015 $4,880 $28,889 $3,244 $25,645
2014 $7,179 $42,432 $2,377 $40,055
2012 $8,564 $45,972 $2,576 $43,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10064932

Midwest Real Estate Data (MRED)

APN: 08-28-309-023