NOT LISTED FOR SALE

738 Walnut St Waukegan, IL 60085

Estimated Value: $353,000 - $413,000

12 Beds
4 Baths
4,688 Sq Ft
$84/Sq Ft Est. Value

Last Sold January 23, 2015

Last sale price $160,000 $34 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,919/month

42 Days on Market

About This Home

As of January 2015

Great investment opportunity. Fully occupied, cash-flowing 4-flat just N of Grand Ave in Waukegan. $3300/month rental income and haven't had a turnover in 2 years! Tenants pay their own gas and electric. New roof installed this year with 40-yr transferrable warranty. Building rehabbed to code with new drainage system in 2012. Separate basements for storage & mechanicals for each unit.

Last Agent to Sell the Property

Brent Horvay

The Horvay Group LLC License #471001904 Listed on: 10/21/2014

Last Buyer's Agent

Terrence Muse

RE/MAX Vision 212 License #475144929

RE/MAX Vision 212

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,817

Year Built

  • Built in 1959

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 50 x 130

Parking

  • 4 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,817

Year Built

Built in 1959

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1959
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 12
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 6

Exterior Features

  • List Price: 169900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Fee Information

  • Other Expenses $: 14529

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 50 X 130
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 6817.38
  • Tax Year: 2012

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Apartment Living Llc $121,500
Closed Betancourt Pedro $22,000
Closed Betancourt Pedro $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2015 01/23/15 Sold $160,000 -5.8% $34 / Sq Ft
12/02/2014 12/02/14 Pending -- -- --
11/04/2014 11/04/14 For Sale $169,900 0.0% $36 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
10/21/2014 10/21/14 For Sale $169,900 -- $36 / 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 $8,718 $105,142 $19,062 $86,080
2023 $8,082 $92,453 $16,762 $75,691
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08758027

Midwest Real Estate Data (MRED)

APN: 08-16-327-068