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Off market
  • $257,400

    501 Lorraine Ave, Waukegan, IL 60085

    3beds
    1,424sqft
    SingleFamily
    Built in 1941
    5,662 Square Feet Lot
    $257,400 Zestimate®
    $181/sqft
    $2,159 Estimated rent

    Home value

    $257,400

    $245,000 - $270,000

    $2,159/mo

    Zestimate® history
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    $1,962/mo

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    What's special

    Enjoy the charm and character of this classic home completely updated and ready for a new family! Enclosed front porch welcomes you to this all brick home loved by the owner for decades! Brand new carpeting thruout 10/20, freshly painted in every room 10/20, new vinyl flooring in bright & sunny galley kitchen 10/20. Windows had all been replaced with efficient vinyl windows, all new blinds 10/20. Tankless water heater, Heil gas furnace with Aprilaire humidifier in unfinished basement complete with washtub, battery back up sump pump, and plenty of storage! Rich woodwork graces the main floor formal living room with new wall sconce lighting, brick wood burning fireplace, adjacent dining room, two bedrooms & full bath complete with new no wax flooring. Second story has master bedroom, plus large bonus room with built-ins ideal for guest area, home school space or office. Large fully fenced yard has detached one car garage with separate electrical panel, newer door, spacious storage shed, and dog run! All appliances included! This is an estate and being sold as is. Taxes reflect homestead, senior and senior freeze exemption. This home is fantastic and pristine. Security system is negotiable. Immediate closing just in time for the holidays! Roof approx 5 years old. **Buyer responsible for Village of Waukegan occupancy permit if required**

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: Partially finished
    • Attic: Dormer, Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,424 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 5,662 Square Feet
    Details
    • Parcel number: 0820212005

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1941

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & HOA

    Location
    • Region: Waukegan

    Financial & listing details

    • Price per square foot: $181/sqft
    • Tax assessed value: $226,082
    • Annual tax amount: $5,850

    Price history

    DateEventPrice
    3/10/2021Sold$164,000+2.7%$115/sqft
    Source: Public Record Report a problem
    12/28/2020Pending sale$159,750-2.6%$112/sqft
    Source: RE/MAX International #10916619 Report a problem
    12/23/2020Sold$164,000+2.7%$115/sqft
    Source: MRED as distributed by MLS GRID #10916619 Report a problem
    10/27/2020Pending sale$159,750$112/sqft
    Source: RE/MAX Suburban #10916619 Report a problem
    10/25/2020Listed for sale$159,750$112/sqft
    Source: RE/MAX Suburban #10916619 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,850 +4.3%$80,929 +7.4%
    2023$5,607 +7.7%$75,353 +11.7%
    2022$5,204 +44.4%$67,464 +13.9%
    2021$3,604 +211.7%$59,233 +56.7%
    2020$1,156 -7.7%$37,792 +9.1%
    2019$1,253 -13.6%$34,630 +12.4%
    2018$1,451 $30,808 +13%
    2017$1,451 -15.8%$27,256 +15.1%
    2016$1,723 -5.1%$23,685 +11.7%
    2015$1,815 -7.2%$21,199 -2.4%
    2014$1,957 -34.4%$21,723 -7.7%
    2012$2,986 -12%$23,534 -33.9%
    2011$3,394 -9.5%$35,628 -17.5%
    2010$3,750 -0.2%$43,174 -12.2%
    2009$3,758 +1.7%$49,190 -2.8%
    2008$3,696 +6.3%$50,601 +8.4%
    2006$3,478 +3.7%$46,685
    2005$3,353 -4.1%--
    2004$3,495 +1.2%--
    2003$3,454 +13.3%--
    2002$3,048 --
    2001-- $34,213 +3.5%
    2000$2,408 $33,069
    Find assessor info on the county website

    Neighborhood: 60085

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $257,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $257,400