NOT LISTED FOR SALE

707 S Mcalister Ave Waukegan, IL 60085

Estimated Value: $194,000 - $205,000

4 Beds
2 Baths
1,776 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $135,000 $76 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,527/month

19 Days on Market

Highlights

  • Fenced Yard
  • Property is near a bus stop
  • 5-minute walk to Eugene P King Park
  • Detached Garage

About This Home

As of April 2021

GREAT INVESTMENT OPPORTUNITY! TWO-UNIT HOME with detached 3-CAR GARAGE! Each unit features 2 bedrooms and 1 full bath. Unit 1 has interior stair access to attic area for storage. Unit 2 has access to the basement for storage. Home is approx 1776 sq ft, basement is approx 888 sq ft. FENCED YARD. NEW GARAGE ROOF and NEW SIDING in 2017. Additional updates include: newer shingled roof and concrete stairs. Close to schools and parks. Great location near shopping, restaurants and major roadways for work commute. Home is sold in as-is condition. Cash or conventional loan only.

Last Listed By

Jim Starwalt

Better Homes and Garden Real Estate Star Homes License #471010243 Listed on: 02/20/2021

Better Homes and Garden Real Estate Star Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,868

Year Built

  • 1910

Lot Details

  • 7,405

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Additional Features

  • Fenced Yard
  • Property is near a bus stop
  • Heating System Uses Gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,868

Year Built

1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Zoning Type: MULTI
  • Estimated Year Built: 1910
  • Type Multi: 2 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Number Of Rooms: 13
  • Basement: Full
  • Basement: Partially Finished, Exterior Access
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.17

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 60
  • Junior High Dist: 60

Lot Info

  • Lot Dimensions: 7536
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 08284120030000

Multi Family

  • Total Number Unitsin Building: 2
  • Three Bedroom Number of Units: Yes
  • Full Baths In Building: 2

Tax Info

  • Taxes: 3441.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2023
Sold by
Newday Apartments Llc-Msr
Bought by
Newday Apartments Llc-Elgin
Total Days on Market
19
Current Estimated Value
$200,333

Purchase Details

Listed on
Feb 20, 2021
Closed on
Apr 19, 2021
Sold by
Ibarra Irene
Bought by
New Day Apartments Llc
Seller's Agent
Jim Starwalt
Better Homes and Garden Real Estate Star Homes
Buyer's Agent
Robert McKelvey
Suburban Life Realty, Ltd
List Price
$180,000
Sold Price
$135,000
Premium/Discount to List
-$45,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%
Original Mortgage
$1,000,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2010
Sold by
Chicago Title Land Trust Company
Bought by
Ibarra Irene

Purchase Details

Closed on
Oct 26, 2000
Sold by
Ibarra Irene
Bought by
Bank Of Waukegan and Trust #203983

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
Newday Apartments Llc-Elgin -- None Listed On Document
New Day Apartments Llc $135,000 Attorney
Ibarra Irene -- None Available
Bank Of Waukegan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newday Apartments Llc--Msr $1,000,000
Previous Owner Newday Apartments Llc Msr $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $135,000 -25.0% $76 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
02/20/2021 02/20/21 For Sale $180,000 -- $101 / 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 $4,868 $57,310 $9,819 $47,491
2023 $4,868 $51,621 $8,791 $42,830
2022 $3,617 $36,999 $6,842 $30,157
2021 $3,640 $34,914 $5,958 $28,956
2020 $3,420 $30,167 $5,558 $24,609
2019 $3,441 $27,643 $5,093 $22,550
2018 $2,068 $15,996 $3,785 $12,211
2017 $2,013 $14,152 $3,349 $10,803
2016 $2,715 $17,569 $4,157 $13,412
2015 $2,656 $15,725 $3,721 $12,004
2014 $2,812 $17,872 $3,320 $14,552
2012 $3,643 $20,640 $3,597 $17,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10977112

Midwest Real Estate Data (MRED)

APN: 08-28-412-003