525 Baldwin Avenue, Waukegan, Illinois 60085
$130,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 1,233 |
| Cost/Sqft: | $89 |
| Beds: | 4 |
| Baths: | 3 |
| Year Built: | 1945 |
| Property Taxes: | $5,456 |
| Days On Market: | 706 |
| Lot Size: | 0,30 |
Description
MULTIPLE OFFERS - HIGHEST AND BEST DUE BY 10/27/23 @ NOON. INCREDIBLE OPPORTUNITY TO BUILD EQUITY on this home situated in a peaceful neighborhood, just waiting for the right investor to unlock its possibilities. Long time owner would LOVE To see this home come back to it's full potential, as they remember it once was. This expansive 4-bedroom, 2-bathroom home sits on a double lot, offering a rare opportunity for expansion or a second structure, pending approval from the City of Waukegan. The additional vacant lot, identified by a separate PIN#, opens doors for creative ventures, be it a garden oasis or a 2nd garage, or possible buildable lot for another home, subject to city approval. While the current plumbing and electrical systems require attention, this property is tailor-made for cash investors with a keen eye for opportunity. Bring your vision to life and explore the prospect of transforming this property into a profitable 2-unit residence, contingent upon the City of Waukegan's green light. Convenient location close to shopping centers! For the savvy investor, this fixer-upper isn't just a house; it's a canvas for a lucrative investment. Cash transactions open the door for a seamless acquisition process, making this opportunity even more enticing. Seller will also consider a buyer wanting to do a rehab loan included in the offer. Seize the chance to reimagine this home. With the right resources and creativity, this home could become a flagship investment in your portfolio. Turn this diamond in the rough into a valuable asset, creating a space that not only enhances the neighborhood but also secures your financial future.
Property Specifics
| Single Family | |
| — | |
| — | |
| 1945 | |
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| — | |
| No | |
| 0.3 |
| Lake | |
| — | |
| 0 / Not Applicable | |
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| — | |
| — | |
| 11907315 | |
| 08192080220000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 29 Nov, 2023 | Sold | $130,000 | MRED MLS |
| 27 Oct, 2023 | Under contract | $109,900 | MRED MLS |
| 25 Oct, 2023 | Listed for sale | $109,900 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 1
Rooms: —
Basement Description: Partially Finished
Other Specifics
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| Concrete | |
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| 100 X 135 | |
| Dormer | |
| — | |
| — | |
| — | |
| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2023 | $5,456 |
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