$195,000
PENDING

Estimated payment $1,409/month

Total Views 3,175
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Investor Opportunity - solid 2-unit rental property in Waukegan. Recent updates include new furnace, refreshed interiors, and a newer roof (approx. 5 years). Common area utility room just renovated and ready for laundry setup. Spacious backyard and long driveway provide ample parking.

Listing Agent

Kathryn Daniel

Dillon Realty LLC License #471019832 Listed on: 07/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,183

Year Built

  • Built in 1920 | Remodeled in 2012

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x165

Interior Spaces

  • First Floor Utility Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • Gross Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,183

Year Built

Built in 1920 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: Utility Room-1st Floor
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Range Hood

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 195000
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, On Site
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Schools

  • Middle/Junior School District: 60

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 50X165
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • GrossIncome: 30600
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 4183
  • Tax Year: 2024
  • Tax Exemptions: None

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,062 $47,844 $10,644 $37,200
2023 $4,062 $43,080 $9,530 $33,550
2022 $3,318 $33,941 $7,416 $26,525
2021 $3,040 $29,162 $6,459 $22,703
2020 $2,870 $25,318 $6,025 $19,293
2019 $2,888 $23,200 $5,521 $17,679
2018 $1,854 $14,342 $4,103 $10,239
2017 $1,805 $12,689 $3,630 $9,059
2016 $2,434 $15,752 $4,506 $11,246
2015 $2,381 $14,098 $4,033 $10,065
2014 $2,602 $16,540 $3,320 $13,220
2012 $2,897 $18,921 $3,597 $15,324
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Pending -- -- --
07/05/2025 07/05/25 For Sale $195,000 +490.9% --
03/21/2015 03/21/15 Sold $33,000 0.0% $21 / Sq Ft
11/03/2014 11/03/14 For Sale $33,000 -- $21 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $31,000 Stewart Title
Quit Claim Deed -- First American Title
Special Warranty Deed -- Greater Illinois Title Co
Legal Action Court Order -- None Available
Warranty Deed $170,000 Ticor
Interfamily Deed Transfer -- Law Title Insurance
Interfamily Deed Transfer -- Chicago Title Insurance Comp
Warranty Deed $130,000 Chicago Title Insurance Comp
Interfamily Deed Transfer -- Mid America Title Company
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Warranty Deed $91,000 --
Interfamily Deed Transfer $25,000 --
Warranty Deed $25,000 1St American Title
Sheriffs Deed -- --
Quit Claim Deed $17,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $164,900 Commercial
Previous Owner $135,000 Commercial
Previous Owner $127,991 FHA
Previous Owner $90,440 FHA
Previous Owner $56,000 Commercial
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12387618

Midwest Real Estate Data (MRED)

APN: 08-28-326-014