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$265,000   Price Analysis
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1506 Laurel Ave
Waukegan, IL 60085
4 bed 2 bath unknown SqFt ($0/SqFt)
4,792SqFt lot. Built 1901
Listed 2024-02-29, Taxes $4,159
Ⓧ USDA Ineligible
due to location

near Waukegan

Bright and Sunny Well-maintained units in a quiet neighborhood in Waukegan.

* No Longer For Sale *
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Each uni t features two bedrooms with a full bathroom (tub and shower). Entre property was completely renovated in 2021 with newly-installed windows, flooring, roof, bathrooms (1st floor bathroom renovated in 2024), furnace and water heater. In addition, the kitchen was renovated in 2021 and features a granite countertop and stocked with new (2021 and 2023) kitchen appliances.

Each of the units have separate utilities, front and back entrances with enclosed porch. Property has Private fenced backyard with a roomy deck and ample parking spaces. Both units are currently occupied with exceptional tenants. Don't miss this fabulous opportunity for a great investment.


Presented by Jinhee Yang at
Baird & Warner Glenbrook.
Listing Agent Photo

Property MLS #11983916 from MRED

Bedrooms: 4
Bedrooms Possible: 4

Total Rooms: 10
Enclosed Balcony, Enclosed Porch, Foyer
Basement Features: Full
Basement Description: Unfinished, Concrete (Basement)

Total Bathrooms: 2
Full Bathrooms: 2

Heating Features: Natural Gas, Electric

Deck

Lot Size Acres: 0.11
Lot Size Dimensions: 50X100
Lot Size Square Feet: 4792

Parking Features: Driveway
Parking Total: 8

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Washington Elementary School
High School: Waukegan High School
High School District: 60

Robert E Abbott Middle School is a public middle school located approximately 0.2 miles away.
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Washington Elementary School is a public elementary school located approximately 0.6 miles away.
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Waukegan High School is a public high school located approximately 0.8 miles away.
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Shelia Daniels Christian Academy is a private elementary and middle school located approximately 0.6 miles away.
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Community Features: Park, Sidewalks, Street Lights, Street Paved

Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 5
Unit 1 Total Actual Rent: 1350
Unit 2 Total Actual Rent: 1300

Annual Tax Amount: 4388.00
Source Listing Status: Closed
County: Lake
Directions: Washington to Butrick South to Laurel
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 08204220410000
Township: Waukegan
Zoning: MULTI
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$35,622 + $4,276
$39,898
$4,159
2019$30,410 + $3,651
$34,061
$4,240
2018$18,310 + $6,719
$25,029
$3,322
2017$16,199 + $5,944
$22,143
$13,750
2016$14,076 + $5,165
$19,241
$2,973
2015$12,598 + $4,623
$17,221
$2,909
2014$12,598 + $4,623
$17,221
$2,876
2013$18,134 + $4,856
$22,990
$2,952
2012$23,794 + $6,373
$30,167
$3,879
2011$29,743 + $7,966
$37,709
$4,000
2010$37,543 + $8,045
$45,588
$4,311
2009$39,717 + $12,438
$52,155
$4,294
2008$40,857 + $12,795
$53,652
$4,203
2007$37,852 + $12,277
$50,129
$4,007
2006$36,397 + $11,805
$48,202
$3,935

Sold 2024-06-05
$275,000
MRED
Price Changed 2024-04-15
$265,000
MRED
Price Changed 2024-03-22
$269,000
MRED
Listed 2024-02-29
$280,000
MRED
Sold 2023-07-18
$234,900
MRED
Listed 2023-06-17
$239,900
MRED
Listing removed 2023-06-17
$239,900
MRED
Listed 2023-05-23
$234,900
MRED
Listing removed 2020-03-11
$138,900
MRED
Listing removed 2019-04-21
$152,900
MRED
Listed 2019-04-21
$147,900
MRED
Price Changed 2019-04-03
$152,900
MRED
Price Changed 2019-02-27
$154,900
MRED
Listing removed 2019-02-09
$159,900
MRED
Listed 2019-02-09
$159,900
MRED
Listing removed 2019-02-03
$159,900
MRED
Listed 2019-01-22
$159,900
MRED
Sold 1988-05-01
$55,500
Public Record

Year Built: 1901
Foundation Details: Concrete Perimeter
Property Age: 123
Roof: Asphalt
Architectural Style: Bi-Level, Traditional

Sewer: Public Sewer
Water Source: Public

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.