$130,000
$109,900
18.3%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
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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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Avani Kochar • ARNI Realty Incorporated