$172,000
SOLD MAY 5, 2022

722 8th St Waukegan, IL 60085

6 Beds
2 Baths
2,476 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

4% Above List Price

10 Days on Market

About This Home

As of September 2023

**BEST & FINAL OFFERS DUE MONDAY 4.4.2022 EOB** Add this turnkey investment property to your portfolio for immediate cash flow! Property features two 3-bedroom/1-bathroom apartments and is fully occupied. Water heater replaced late 2021. Tenants pay gas & electricity.

Last Agent to Sell the Property

Kathryn Daniel

Dillon Realty LLC License #471019832 Listed on: 03/27/2022

Last Buyer's Agent

Michael Heagney

Berkshire Hathaway HomeServices Chicago License #475141641

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,559

Year Built

  • Built in 1910

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Parking

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

Additional Features

  • Basement Fills Entire Space Under The House
  • 9,148 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $24,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,559

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up

Exterior Features

  • List Price: 165000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 6
  • Number of Cars: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 8923
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • GrossIncome: 24900
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3559.28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Sep 20, 2023
Sold by
Sharifi Holdings Llc
Bought by
Cardenas Carlos
Seller's Agent
Michael Heagney
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Ruth Ramirez
US Homes Inc.
List Price
$199,000
Sold Price
$199,000
Views
69
Current Estimated Value
$237,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,117
Avg. Annual Appreciation
9.21%
Original Mortgage
$149,250
Outstanding Balance
$146,586
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$90,531

Purchase Details

Closed on
Jan 13, 2023
Sold by
Sharifi Jaqob Lemar
Bought by
Sharifi Holdings Llc

Purchase Details

Listed on
Mar 27, 2022
Closed on
May 5, 2022
Sold by
Lane Isaac
Bought by
Sharifi Jaqob Lemar and Sharifi Laila
Seller's Agent
Kathryn Daniel
Dillon Realty LLC
Buyer's Agent
Michael Heagney
Berkshire Hathaway HomeServices Chicago
List Price
$165,000
Sold Price
$172,000
Premium/Discount to List
$7,000
4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%
Original Mortgage
$137,600
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 11, 2021
Sold by
Clear Capital Core 1 Llc
Bought by
Lane Isaac
Seller's Agent
Lori Mattice
RE/MAX Plaza
Buyer's Agent
Anthony Angelos
eXp Realty
List Price
$129,900
Sold Price
$135,000
Premium/Discount to List
$5,100
3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.66%
Original Mortgage
$101,250
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2020
Sold by
Clear Capital Llc
Bought by
Clear Capital Core 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,991,850
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 2014
Sold by
Mt Homes Llc 722 8Th Street
Bought by
Clear Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 2010
Sold by
Mt Homes Llc
Bought by
Mt Homes Llc 722 8Th Street

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 21, 2009
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Mt Homes Llc

Purchase Details

Closed on
Apr 10, 2009
Sold by
Duran Felipe A
Bought by
The Bank Of New York Mellon Trust Compan and The Bank Of New York Trust Company Na

Purchase Details

Closed on
Jun 22, 2002
Sold by
Duran Adan and Duran Felipe A
Bought by
Duran Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 1993
Sold by
Raeburn Geraldine
Bought by
Duran Felipe and Duran Adan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,323
Interest Rate
7.02%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $199,000 Chicago Title
Quit Claim Deed -- --
Warranty Deed $172,000 Chicago Title
Warranty Deed $135,000 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $45,000 Stewart Title
Quit Claim Deed -- None Available
Special Warranty Deed $15,000 1St American Title
Legal Action Court Order -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $42,666 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $149,250 New Conventional
Previous Owner $137,600 New Conventional
Previous Owner $101,250 New Conventional
Previous Owner $1,991,850 Commercial
Previous Owner $45,000 Commercial
Previous Owner $81,000 Commercial
Previous Owner $64,323 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $199,000 0.0% $80 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
08/06/2023 08/06/23 For Sale $199,000 0.0% $80 / Sq Ft
08/06/2023 08/06/23 Off Market $199,000 -- --
07/31/2023 07/31/23 For Sale $199,000 +15.7% $80 / Sq Ft
05/05/2022 05/05/22 Sold $172,000 0.0% $69 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
04/05/2022 04/05/22 Off Market $172,000 -- --
03/27/2022 03/27/22 For Sale $165,000 +22.2% $67 / Sq Ft
08/20/2021 08/20/21 Sold $135,000 +3.9% $55 / Sq Ft
07/04/2021 07/04/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $129,900 -- $52 / 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 $5,455 $69,411 $11,626 $57,785
2023 $4,103 $57,851 $10,409 $47,442
2022 $4,103 $41,969 $8,101 $33,868
2021 $3,509 $33,656 $7,065 $26,591
2020 $3,554 $31,355 $6,582 $24,773
2019 $3,904 $31,355 $6,031 $25,324
2018 $2,321 $17,955 $4,482 $13,473
2017 $2,260 $15,885 $3,965 $11,920
2016 $3,047 $19,720 $4,922 $14,798
2015 $2,981 $17,649 $4,405 $13,244
2014 $2,577 $16,381 $3,319 $13,062
2012 $2,934 $20,640 $3,596 $17,044
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11358232

Midwest Real Estate Data (MRED)

APN: 08-28-311-066