720 W Grove Ave Waukegan, IL 60085
Estimated Value: $256,000 - $267,566
4
Beds
2
Baths
2,438
Sq Ft
$108/Sq Ft
Est. Value
Highlights
- 2 Car Detached Garage
- Heating System Uses Steam
- 5-minute walk to Victory Park
About This Home
As of December 2023SOLID BRICK 2-FLAT W/ 2 CAR GARAGE! Excellent opportunity to own this property w/ Strong Long-term Tenants, Hardwood Floors Throughout, 2 Car Garage, Deep Rear Back Yard, Additional Street Parking, Sold "As-Is".
Last Agent to Sell the Property
RE/MAX Plaza License #475116618 Listed on: 10/12/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,891
Year Built
- Built in 1933
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 42x205
Parking
- 2 Car Detached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Radiator
- Heating System Uses Steam
- Heating System Uses Natural Gas
Community Details
- 2 Units
- Gross Income $25,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2023
Closed on
Dec 8, 2023
Sold by
720 Grove Llc
Bought by
North Shore Family Investments Llc
Seller's Agent
Greg Klemstein
RE/MAX Plaza
Buyer's Agent
Nora Carrillo
Re/Max American Dream
List Price
$260,000
Sold Price
$225,000
Premium/Discount to List
-$35,000
-13.46%
Total Days on Market
38
Views
83
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,142
Avg. Annual Appreciation
11.16%
Purchase Details
Closed on
Nov 16, 2011
Sold by
Mcfarland Robert E
Bought by
720 Grove Llc
Purchase Details
Closed on
Feb 10, 2003
Sold by
Cybulski Walter V
Bought by
Mcfarland Robert E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.87%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 31, 1995
Sold by
Hale John S and Rohr Gretchen J
Bought by
Mcfarland Robert E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
7.51%
Mortgage Type
Commercial
Similar Homes in Waukegan, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| North Shore Family Investments Llc | $225,000 | Chicago Title | |
| 720 Grove Llc | $140,000 | St | |
| Mcfarland Robert E | -- | -- | |
| Mcfarland Robert E | $137,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mcfarland Robert E | $20,000 | |
| Previous Owner | Mcfarland Robert E | $135,000 | |
| Previous Owner | Mcfarland Robert E | $116,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/14/2023 12/14/23 | Sold | $225,000 | -13.5% | $92 / Sq Ft |
| 11/20/2023 11/20/23 | Pending | -- | -- | -- |
| 11/07/2023 11/07/23 | For Sale | $260,000 | 0.0% | $107 / Sq Ft |
| 10/18/2023 10/18/23 | Pending | -- | -- | -- |
| 10/12/2023 10/12/23 | For Sale | $260,000 | -- | $107 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,743 | $74,993 | $11,221 | $63,772 |
| 2023 | $6,891 | $71,514 | $10,120 | $61,394 |
| 2022 | $6,891 | $70,492 | $9,952 | $60,540 |
| 2021 | $7,497 | $71,910 | $8,878 | $63,032 |
| 2020 | $7,594 | $66,993 | $8,271 | $58,722 |
| 2019 | $7,643 | $61,388 | $7,579 | $53,809 |
| 2018 | $7,206 | $55,739 | $10,725 | $45,014 |
| 2017 | $7,015 | $49,314 | $9,489 | $39,825 |
| 2016 | $5,871 | $37,990 | $8,247 | $29,743 |
| 2015 | $5,744 | $34,001 | $7,381 | $26,620 |
| 2014 | $5,054 | $29,873 | $5,093 | $24,780 |
| 2012 | $6,264 | $32,364 | $5,518 | $26,846 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Klemstein
Seller's Agent in 2023
Greg Klemstein
RE/MAX
(847) 363-7489
229 Total Sales
-
Nora Carrillo
Buyer's Agent in 2023
Nora Carrillo
RE/MAX
(847) 208-2892
46 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11906157
APN: 08-16-116-034
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