Waukegan, IL 60085,525 Baldwin Avenue
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Waukegan, IL 60085,525 Baldwin Avenue
Waukegan, IL 60085,525 Baldwin Avenue
Waukegan, IL 60085,525 Baldwin Avenue
Waukegan, IL 60085,525 Baldwin Avenue

$130,000

Est. payment /mo

$109,900

18.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

525 Baldwin Avenue Waukegan, IL 60085

4 Beds

3 Baths

1,233 SqFt

SOLD DATE : 11/29/2023

Key Details

Sold Price $130,000

Property Type Single Family Home

Sub Type Detached Single

Listing Status Sold

Purchase Type For Sale

Square Footage 1,233 sqft

Price per Sqft $105

MLS Listing ID 11907315

Sold Date 11/29/23

Style Cape Cod

Bedrooms 4

Full Baths 3

Year Built 1945

Annual Tax Amount $5,455

Tax Year 2022

Lot Size 0.300 Acres

Lot Dimensions 100 X 135

Property Description

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.

Location

State IL

County Lake

Rooms

Basement Full

Interior

Interior Features Hardwood Floors

Heating Natural Gas, Forced Air

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace Y

Appliance Range, Refrigerator, Washer, Dryer

Laundry In Unit, Sink

Exterior

Exterior Feature Deck

Waterfront false

View Y/N true

Roof Type Asphalt

Building

Story 1.5 Story

Foundation Block

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 60, 60, 60

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

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Listed by Lori Mattice • RE/MAX Showcase
Bought with Avani Kochar • ARNI Realty Incorporated

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

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