838 Lenox Ave Waukegan, IL 60085
Estimated Value: $185,000 - $230,126
4
Beds
2
Baths
2,440
Sq Ft
$85/Sq Ft
Est. Value
Highlights
- 2 Car Detached Garage
- Forced Air Heating System
- 4-minute walk to Citizens Park
About This Home
As of October 2021GREAT INVESTMENT OPPORTUNITY! TWO-UNIT HOME with detached 2-CAR GARAGE and is located on an EXTRA wide lot !! Each unit features Kitchen, Living room, 2 bedrooms and 1 full bath and a sitting room that could be made into a 3rd bedroom . Home is approximately 2400 sq ft. The basement is approximately another 1200 sq ft. with lots of storage space and a laundry area. The basement has two washers and and 2 dryers and a laundry tub sink. The HUGE Side lot is a great play area for kids and FENCED YARD! 1st floor has A/C. PLUS, there's a HUGE walk-in attic for MORE storage. Because of the EXTRA WIDE lot there are two alley parking spaces in addition to a two car garage. Great location near Lake Michigan, shopping, restaurants and major roadways for work commute. Alternatively, you can rent out 1 floor in this spacious income producing property and move into the other. Income producing properties are becoming very rare, get yours while they are still being offered for sale. Let the income from the rental unit pay your mortgage and live RENT FREE! The home is currently rented to two long term tenants that are on one month leases. This property is sold As Is.
Last Agent to Sell the Property
Kale Realty License #475161707 Listed on: 08/05/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,887
Year Built
- Built in 1930 | Remodeled in 2020
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 58x133
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2021
Closed on
Sep 23, 2021
Sold by
Real Jr Llc
Bought by
Giraldo Jonathan
Seller's Agent
Jamey Kassaros-Johnson
Kale Realty
Buyer's Agent
Daniel Lang
Real People Realty
List Price
$144,995
Sold Price
$136,000
Premium/Discount to List
-$8,995
-6.2%
Total Days on Market
5
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
$70,282
Avg. Annual Appreciation
14.36%
Original Mortgage
$6,000
Outstanding Balance
$5,519
Interest Rate
2.8%
Mortgage Type
Stand Alone Second
Estimated Equity
$216,445
Purchase Details
Closed on
Dec 19, 2014
Sold by
Rosam Omar
Bought by
Real Jr Llc
Purchase Details
Closed on
Dec 5, 2003
Sold by
Hill Carole
Bought by
Rosas Omar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.91%
Mortgage Type
Commercial
Purchase Details
Closed on
May 20, 2002
Sold by
Hill Carole
Bought by
Hill Carol and Carole Hill Declaration Of Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,300
Interest Rate
7%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 9, 1999
Sold by
Bank Of Northern Illinois Na
Bought by
Hill Carole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.05%
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 |
|---|---|---|---|
| Giraldo Jonathan | $136,000 | Chicago Title Insurance Co | |
| Real Jr Llc | $12,000 | None Available | |
| Rosas Omar | $110,000 | Ticor Title Insurance Compan | |
| Hill Carol | -- | -- | |
| Hill Carole | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Giraldo Tonathan | $6,000 | |
| Previous Owner | Giraldo Jonathan | $128,250 | |
| Previous Owner | Rosas Omar | $187,034 | |
| Previous Owner | Rosas Omar | $150,300 | |
| Previous Owner | Rosas Omar | $92,000 | |
| Previous Owner | Hill Carole J | $36,300 | |
| Previous Owner | Hill Carole | $52,000 | |
| Closed | Rosas Omar | $23,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2021 10/06/21 | Sold | $136,000 | -6.2% | $56 / Sq Ft |
| 08/13/2021 08/13/21 | Pending | -- | -- | -- |
| 08/07/2021 08/07/21 | For Sale | $144,995 | -- | $59 / 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 | $4,896 | $66,520 | $9,871 | $56,649 |
| 2023 | $3,584 | $59,927 | $8,837 | $51,090 |
| 2022 | $3,584 | $42,657 | $6,877 | $35,780 |
| 2021 | $4,119 | $39,508 | $5,990 | $33,518 |
| 2020 | $3,862 | $34,071 | $5,587 | $28,484 |
| 2019 | $3,887 | $31,221 | $5,120 | $26,101 |
| 2018 | $2,192 | $16,955 | $4,184 | $12,771 |
| 2017 | $2,134 | $15,001 | $3,702 | $11,299 |
| 2016 | $2,014 | $13,036 | $4,597 | $8,439 |
| 2015 | $1,971 | $20,530 | $4,114 | $16,416 |
| 2014 | $3,624 | $26,956 | $3,852 | $23,104 |
| 2012 | $4,711 | $29,205 | $4,173 | $25,032 |
Source: Public Records
Agents Affiliated with this Home
-
Jamey Kassaros-Johnson
J
Seller's Agent in 2021
Jamey Kassaros-Johnson
Kale Realty
(630) 780-7499
97 Total Sales
-
Daniel Lang
Buyer's Agent in 2021
Daniel Lang
Real People Realty
(847) 630-9409
54 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11182455
APN: 08-28-415-030
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