Back 941 North Avenue
Off Market

941 North Avenue

Waukegan IL 60085

4
2
Multi-Family
Last sold for $182,000
Dawn BremerDawn Bremer, last sold this property on 01 April 2022 after 25 days on market.

Overview

Great investment opportunity in the SPACIOUS north side two unit! Each unit features a living room, separate dining room, kitchen, reading room and office which can be used as a third bedroom! Full basement, both units have separate washer/dryer hookups, separate utilities, central air, abundant storage, and two-car garage. Mechanicals and electric panels are all updated and the basement has two sump pits and drain tile system. Separate storage lockers for each unit in basement. Stable, long-term tenants in place make this a truly turn-key investment! The building is currently zoned residential (single family) and is a legal non-conforming building. City of Waukegan will not issue a re-build letter so only CONVENTIONAL or CASH offers are acceptable - building will not qualify for FHA or VA loans. Pre-approval or proof of funds will be required for all showings and 24 hours notice will be required for all showings due to tenants. Driveway is shared with home at 939 North. Shared driveway agreement and survey located in documents section.

Features

4 bedrooms
2 carspaces
2 garage spaces
Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Waukegan over the last 12 months, the estimated median property value of 941 North Avenue is $260k.

Median value
$260k
Estimated value range
$140k - $379.9k
Median days on market
13
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Waukegan. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 941 North Avenue

2022
Sold
$182,000
01 Apr 2022 by Dawn Bremer, of Keller Williams Success Realty
2020
Sold
$116,000
27 Mar 2020 by Johnny Scott, of @properties Christie's International Real Estate

Happy sellers in Waukegan

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We have insufficient information to provide an overview of customer satisfaction for Waukegan. Viewing the agent profiles, reviews and sales for Waukegan can provide insights for this location.

Local market activity for 4 bedroom multi families in Waukegan

In the last 12 months, 17 four-bedroom multi families similar to 941 North Avenue, have been sold.

This represents a 30% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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