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.
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Street View
$130,000
525 Baldwin Ave, Waukegan, IL 60085
4beds
1,233sqft
Single Family Residence
Built in 1945
0.3 Acres Lot
$271,800 Zestimate®
$105/sqft
$2,611 Estimated rent
Home value
$271,800
$236,000 - $302,000
$2,611/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Lori Mattice 847-764-4663,
RE/MAX Showcase
Bought with:
Avani Kochar
ARNI Realty Incorporated
Source: MRED as distributed by MLS GRID,MLS#: 11907315
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Family Room, Workshop
Primary bedroom
- Features: Flooring (Hardwood)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Bedroom 2
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9X9
Bedroom 3
- Features: Flooring (Vinyl)
- Level: Second
- Area: 90 Square Feet
- Dimensions: 10X9
Bedroom 4
- Features: Flooring (Carpet)
- Level: Second
- Area: 100 Square Feet
- Dimensions: 10X10
Family room
- Features: Flooring (Parquet)
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16X12
Other
- Features: Flooring (Vinyl)
- Level: Basement
- Area: 90 Square Feet
- Dimensions: 10X9
Kitchen
- Features: Kitchen (Pantry-Closet), Flooring (Vinyl)
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Laundry
- Level: Basement
- Area: 81 Square Feet
- Dimensions: 9X9
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13X10
Other
- Features: Flooring (Vinyl)
- Level: Basement
- Area: 80 Square Feet
- Dimensions: 10X8
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Washer, Dryer
- Laundry: In Unit, Sink
Features
- Flooring: Hardwood
- Basement: Partially Finished,Full
- Attic: Dormer
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Family Room
Interior area
- Total structure area: 1,959
- Total interior livable area: 1,233 sqft
- Finished area below ground: 500
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Off Street, On Site, Owned
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1.5
- Patio & porch: Deck
Lot
- Size: 0.3 Acres
- Dimensions: 100 X 135
Details
- Additional parcels included: 08192080210000
- Parcel number: 08192080220000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Fiber Cement
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Electric: Fuses, Service - 60 Amp
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Waukegan
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $163,472
- Annual tax amount: $5,455
- Date on market: 10/25/2023
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/12/2024 | Price change | $2,300-2.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/13/2024 | Listed for rent | $2,350-2.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/19/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/9/2024 | Listed for rent | $2,400$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/29/2023 | Sold | $130,000+18.3%$105/sqft |
Source:  MRED as distributed by MLS GRID #11907315 Report a problem | ||
| 10/28/2023 | Pending sale | $109,900$89/sqft |
Source: MRED as distributed by MLS GRID #11907315 Report a problem | ||
| 10/25/2023 | Listed for sale | $109,900$89/sqft |
Source: MRED as distributed by MLS GRID #11907315 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,832 +2.7% | $58,517 +7.4% |
| 2023 | $4,704 +6% | $54,485 +11.7% |
| 2022 | $4,438 +6.6% | $48,781 +7.4% |
| 2021 | $4,164 +40.2% | $45,400 +22% |
| 2020 | $2,971 +2.7% | $37,212 +9.1% |
| 2019 | $2,894 +16.8% | $34,099 +6.1% |
| 2018 | $2,478 | $32,127 +13% |
| 2017 | $2,478 +32.1% | $28,423 +15.1% |
| 2016 | $1,876 +18.7% | $24,698 +11.7% |
| 2015 | $1,580 -8.2% | $22,105 +8.7% |
| 2014 | $1,723 -36.1% | $20,335 -7.7% |
| 2012 | $2,695 -13% | $22,031 -33.9% |
| 2011 | $3,096 -5.9% | $33,355 -14.7% |
| 2010 | $3,290 -7.9% | $39,085 -17.3% |
| 2009 | $3,571 +1.6% | $47,242 -2.8% |
| 2008 | $3,516 +6.2% | $48,597 +8.4% |
| 2006 | $3,310 +5.1% | $44,837 |
| 2005 | $3,150 +6.7% | -- |
| 2004 | $2,952 -1.2% | -- |
| 2003 | $2,987 +6.7% | -- |
| 2002 | $2,798 +12.6% | -- |
| 2001 | $2,485 +17.5% | $33,389 +6.1% |
| 2000 | $2,115 | $31,461 |
Find assessor info on the county website
Neighborhood: 60085
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Nearby schools
GreatSchools rating
- 5/10Whittier Elementary SchoolGrades: K-5Distance: 0.9 mi
- 3/10Robert E Abbott Middle SchoolGrades: 6-8Distance: 1.4 mi
- 1/10Waukegan High SchoolGrades: 9-12Distance: 1.5 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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- Illinois
- Lake County
- Waukegan
- 60085
- 525 Baldwin Ave
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