This property offers a GOLDEN OPPORTUNITY to own a hard-to-find 2-Unit in a vibrant Waukegan neighborhood. This property is a unique! It has a traditional 2-story unit in the front, which has 5 bedrooms, and 2 full baths, plus a large, spacious eat-in kitchen. Behind the traditional 2-story house is an attached apartment, with 2 bedrooms, and 1 full bath. So in total this legally-zoned 2-unit property boasts 7 bedrooms, and 3 full baths, making this property an incredible opportunity for any landlord-type Real Estate investors, or a great place for a large, extended family, to call home-sweet-home. Of course, this is a great property for a family to live in one unit, and then rent out the other unit to a tenant. There is just so much possibility and opportunity that comes with this 7 bedroom, 3 full bath legal 2-unit property in the heart of Waukegan, not far from Lake Michigan. Make an appointment today. Opportunity awaits!
Closed
$144,000
318 Oak St, Waukegan, IL 60085
7beds
--sqft
Multi Family
Built in 1901
-- sqft lot
$264,000 Zestimate®
$--/sqft
$2,123 Estimated rent
Home value
$264,000
$235,000 - $296,000
$2,123/mo
Zestimate® history
Owner options
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$1,145/mo
Est. payment
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$1,145/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Thomas Quigley, ABR,PSA 224-627-5519,
MicHana Real Estate Solutions LLC
Bought with:
Ernesto Vaca
Ernesto Vaca
Source: MRED as distributed by MLS GRID,MLS#: 12005722
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Steam
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 6
- Parking features: On Site, Owned
Lot
- Size: 5,545 Square Feet
Details
- Parcel number: 08282100140000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Waukegan
Financial & listing details
- Tax assessed value: $150,642
- Annual tax amount: $3,463
- Date on market: 3/15/2024
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2024 | Sold | $144,000-9.9% |
Source:  MRED as distributed by MLS GRID #12005722 Report a problem | ||
| 3/20/2024 | Contingent | $159,900 |
Source: MRED as distributed by MLS GRID #12005722 Report a problem | ||
| 3/15/2024 | Listed for sale | $159,900+14.3% |
Source: MRED as distributed by MLS GRID #12005722 Report a problem | ||
| 3/15/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11983627 Report a problem | ||
| 2/19/2024 | Contingent | $139,900 |
Source: MRED as distributed by MLS GRID #11983627 Report a problem | ||
| 2/17/2024 | Listed for sale | $139,900+53.7% |
Source: MRED as distributed by MLS GRID #11983627 Report a problem | ||
| 3/6/2002 | Sold | $91,000+184.4% |
Source: Public Record Report a problem | ||
| 1/8/1997 | Sold | $32,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,357 +2.2% | $53,925 +7.4% |
| 2023 | $4,265 +23.2% | $50,209 +11% |
| 2022 | $3,463 +9.3% | $45,233 +27.7% |
| 2021 | $3,169 +6.7% | $35,425 +35.2% |
| 2020 | $2,970 -0.6% | $26,198 +9.1% |
| 2019 | $2,989 +56.2% | $24,006 +57.9% |
| 2018 | $1,913 | $15,201 +13% |
| 2017 | $1,913 -24.2% | $13,449 -19.4% |
| 2016 | $2,524 -19.5% | $16,694 +11.7% |
| 2015 | $3,136 +7.6% | $14,942 -19.3% |
| 2014 | $2,915 +12.7% | $18,524 -10.3% |
| 2012 | $2,587 +13.7% | $20,640 -41.7% |
| 2011 | $2,277 -45.2% | $35,411 -14.8% |
| 2010 | $4,153 +3.1% | $41,580 -9.6% |
| 2009 | $4,027 -5.4% | $45,996 -2.8% |
| 2008 | $4,255 +15.6% | $47,316 +4.2% |
| 2006 | $3,682 +3.8% | $45,417 |
| 2005 | $3,548 +2.2% | -- |
| 2004 | $3,470 -8.1% | -- |
| 2003 | $3,777 +52.2% | -- |
| 2002 | $2,482 +97.2% | -- |
| 2001 | $1,259 +13.4% | $14,128 +3.6% |
| 2000 | $1,110 | $13,632 |
Find assessor info on the county website
Neighborhood: South Sheridan
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Nearby schools
GreatSchools rating
- 3/10Carman-Buckner Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Thomas Jefferson Middle SchoolGrades: 6-8Distance: 1.3 mi
- 1/10Waukegan High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: 60
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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