807 Mcalister Avenue, Waukegan, Illinois 60085


$242,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 1920
Property Taxes: $3,715
Days On Market: 1424
Lot Size: 0,03
Map
Street View

Description

10% Cap Rate - Extra Large Waukegan Turnkey 2 Unit! Potential to utilize the studio to go back to 3 units. Fully rented and profiting with above market rents. Unit 1 is updated with 4 bedrooms, 1 bath, family room, kitchen and a butler's pantry. Option to convert 4th bedroom back to the original dining room for additional living space. Unit 2 is updated and has 4 bedrooms, 2 bathrooms, family room, kitchen and an enclosed 3 season room. Basement includes laundry area with coin operated machines and private, partially finished Studio Apartment with separate entrance and egress (check with city regarding converting back to 3 units) Fenced yard with 3 large parking spots off alley. Full, partially finished attic for additional storage. Both tenants wish to stay if an investor or live in one unit and let the other unit pay your mortgage! Rents are 2,900 for both units- 1,450 each. This one will not last.

Property Specifics

Multi-unit
Quad Level
1920
Full
No
0.03
Lake
— / —
Lake Michigan
Public Sewer
11263304
08284150030000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Andrew Cooke Magnet Elementary S
60
High School
Waukegan High School
60 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
17 Jan, 2019 Listed for sale $0 MRED MLS
13 Sep, 2019 Sold $134,900 MRED MLS
25 Jul, 2019 Under contract $134,900 MRED MLS
21 Jul, 2019 Listed for sale $134,900 MRED MLS
26 Jan, 2022 Sold $242,000 MRED MLS
2 Dec, 2021 Under contract $249,900 MRED MLS
Last price change $259,900 MRED MLS
4 Nov, 2021 Listed for sale $259,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: Full
Basement Description: Partially Finished

Other Specifics

Concrete Perimeter
Porch, Porch Screened, Breezeway
100 X 75
Not in DB
Curbs, Sidewalks, Street Lights, Street Paved

Tax History

Year Property Taxes
2019 $2,424
2022 $3,715

Nearby Similar Homes

822 Martin Luther King Jr Avenue, Waukegan, Illinois 60085
For Sale
$239,000
2 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1925
332

706 Martin Luther King Drive, Waukegan, Illinois 60085
For Sale
$259,000
6 beds / 0.0 baths / 0 ft2
Multi-unit / Built: —
41

670 Martin Luther King Jr Avenue, Waukegan, Illinois 60085
For Sale
$245,000
4 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1920
104

1017 Mcalister Avenue, North Chicago, Illinois 60064
For Sale
$247,000
5 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1923
5

515 George Avenue, Waukegan, Illinois 60085
For Sale
$325,000
6 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1901
79

522 George Avenue, Waukegan, Illinois 60085
For Sale
$238,000
4 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1920
38

Nearby Sold Comparables

807 Mcalister Avenue, Waukegan, Illinois 60085
Sold
$134,900
8 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1920
2261

810 Lenox Avenue, Waukegan, Illinois 60085
Sold
$34,900
4 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1925
4444

810 Lenox Avenue, Waukegan, Illinois 60085
Sold
$89,000
4 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1925
2111

806 Mcalister Avenue, Waukegan, Illinois 60085
Sold
$50,000
6 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1901
3485

806 Lenox Avenue, Waukegan, Illinois 60085
Sold
$225,000
6 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1901
1053

824 Lenox Avenue, Waukegan, Illinois 60085
Sold
$41,000
4 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1920
4682


Contact Agent

Listing Provided By

Vylla Home