702 Franklin St Waukegan, IL 60085
Estimated payment $1,911/month
Highlights
- Wood Flooring
- Corner Lot
- Formal Dining Room
- Victorian Architecture
- Home Office
- Living Room
About This Home
Nestled on a spacious corner lot, this Grand Victorian home. The interior and exterior have been freshly painted, and the hardwood floors throughout the home have been re-stained. You'll find spacious rooms adorned with stunning original trim work. This home features four genuine bedrooms upstairs and a cozy den or office on the first floor. The large yard and massive two-car garage, complete with stairs leading to a loft above, offer plenty of space and potential.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,028
Year Built
- Built in 1901
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 74 x 121
- Corner Lot
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Victorian Architecture
- Asphalt Roof
Interior Spaces
- 2,614 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Home Office
- Partial Basement
- Laundry Room
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Gas Water Heater
Listing and Financial Details
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,028 | $68,081 | $12,076 | $56,005 |
| 2023 | $4,889 | $61,322 | $10,812 | $50,510 |
| 2022 | $4,889 | $56,014 | $10,284 | $45,730 |
| 2021 | $4,421 | $48,403 | $9,173 | $39,230 |
| 2020 | $4,431 | $45,093 | $8,546 | $36,547 |
| 2019 | $4,407 | $41,320 | $7,831 | $33,489 |
| 2018 | $4,109 | $38,163 | $9,974 | $28,189 |
| 2017 | $3,949 | $33,763 | $8,824 | $24,939 |
| 2016 | $3,607 | $29,339 | $7,668 | $21,671 |
| 2015 | $3,422 | $26,259 | $6,863 | $19,396 |
| 2014 | $3,220 | $24,571 | $5,673 | $18,898 |
| 2012 | $4,211 | $26,621 | $6,146 | $20,475 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2025 08/31/25 | Price Changed | $280,000 | -1.8% | $107 / Sq Ft |
| 07/28/2025 07/28/25 | Price Changed | $285,000 | -3.4% | $109 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $295,000 | -7.8% | $113 / Sq Ft |
| 03/21/2025 03/21/25 | Price Changed | $320,000 | -5.9% | $122 / Sq Ft |
| 10/11/2024 10/11/24 | For Sale | $340,000 | -- | $130 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $86,000 | None Listed On Document | |
| Warranty Deed | $124,000 | Lakeshore Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $121,754 | FHA | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $10,000 | Stand Alone Second |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12184987
APN: 08-21-104-026
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