NOT LISTED FOR SALE

Estimated Value: $703,339

10 Beds
6 Baths
-- Sq Ft
0.26 Acres

Last Sold April 20, 2018

Last sale price $390,000

Est. 80% increase in value since last sale

Current estimated payment $4,830/month

19 Days on Market

About This Home

As of April 2018

Waukegan 6 Flat Apartment Building in Great Location! Four Apartment units with 2 Bedrooms. Eat in Kitchen. Full Bath. Large Living room approximate 975 SF. Two Apartments units with 1 Bedroom Eat in Kitchen. Full Bath and Large Living room approximate 775 SF. Full Basement with 6 Storage units. Coin operated Laundry Room. Separate Elctric for each Unit. Separate Cooking Gas for each unit. One Furnace/Boiler for entire building with separate Gas Meter. Ample parking lot with 8 car spaces. Great Investment and Opportunity! 24 HOUR REQUIRED FOR ALL SHOWINGS.

Last Agent to Sell the Property

Luis Zires

Charles Rutenberg Realty of IL License #475132442 Listed on: 02/01/2018

Charles Rutenberg Realty of IL

Last Buyer's Agent

Don Glyman

Tri-County Comm'l R.E., Inc. License #471002692

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,753

Year Built

  • 1961

Lot Details

  • 0.26

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Window Unit Cooling System

Additional Features

  • Unfinished Basement

Community Details

  • Fuel Expense $3,003
  • Insurance Expense $2,798

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,753

Year Built

1961

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 29103
  • Repairs Decor Expense: 800
  • Roof Coverings: Shingle Composition
  • Roof Structure: Gable
  • Scavenger Expense: 3073
  • Total Annual Exp: 23997
  • Total Annual Income: 53100
  • Total Monthly Income: 4425
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 2
  • Estimated Year Built: 1961
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1961

Interior Features

  • Basement: Unfinished

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.26
  • Construction: Brick, Concrete, Concrete Block
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Gas, Hot Water, Baseboard
  • Water Expense: 903

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 498
  • Electrical Service: Circuit Breakers
  • Janitor Expense: 153

Lot Info

  • Lot Dimensions: 60 X 120
  • Land Amenities: Curbs and Gutters, Lighting/Exterior, Sidewalks
  • Parcel Identification Number: 08173120050000

Rental Info

  • Gross Rental Income: 53100
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 3003
  • Insurance Expense: 2798
  • Other Expenses: 700
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 12069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 11, 2018
Sold by
Boyer Marjory O and Marjory O Boyer Declaration Of
Bought by
Maimou Properties Llc
Seller's Agent
Luis Zires
Charles Rutenberg Realty of IL
Buyer's Agent
Don Glyman
Tri-County Comm'l R.E., Inc.
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Current Estimated Value
$703,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,339
Avg. Annual Appreciation
8.11%
Original Mortgage
$294,879
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 9, 2003
Sold by
Boyer Everd S and Boyer Marjory O
Bought by
Boyer Everd S and Boyer Marjory O

Purchase Details

Closed on
Jan 17, 1996
Sold by
Parker Charles M and Parker Ada M
Bought by
Boyer Everd S and Boyer Majory O
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maimou Properties Llc $390,000 First American Title
Boyer Everd S -- Mid America Title Company
Boyer Everd S $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maimou Properties Llc $277,000
Closed Maimou Properties Llc $294,879
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $390,000 -2.5% --
02/20/2018 02/20/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $399,900 -- --
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 $11,753 $130,358 $15,266 $115,092
2023 $13,033 $124,641 $14,596 $110,045
2022 $13,033 $133,320 $13,901 $119,419
2021 $15,688 $150,473 $12,215 $138,258
2020 $15,891 $140,184 $11,380 $128,804
2019 $15,992 $128,456 $10,428 $118,028
2018 $13,319 $109,399 $13,282 $96,117
2017 $12,914 $96,788 $11,751 $85,037
2016 $12,070 $84,105 $10,211 $73,894
2015 $11,702 $75,275 $9,139 $66,136
2014 $8,581 $56,682 $7,820 $48,862
2012 $10,544 $61,410 $8,473 $52,937
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09848209

Midwest Real Estate Data (MRED)

APN: 08-17-312-005