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1506 Laurel Ave, Waukegan, IL, 60085

$265,000

Home List Price

$3,147*

Closing Credit

4 Bedrooms
2 Baths
House
Schools Nearby

Location

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1506 Laurel Ave, Waukegan$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDriveway
Year Built1901
HeatingNatural Gas, Electric
BasementYes
MLS #11983916
Lot Size0.11 Acres
StatusActive

About 1506 Laurel Ave

Bright and Sunny Well-maintained units in a quiet neighborhood in Waukegan. Each unit features two bedrooms with a full bathroom (tub and shower). Entire property was completely renovated in 2021 with newly-installed windows, flooring, roof, bathrooms (1st floor bathroom renovated in 2024), furnace and water heater. In addition, the kitchen was renovated in 2021 and features a granite countertop and stocked with new (2021 and 2023) kitchen appliances. Each of the units have separate utilities, front and back entrances with enclosed porch. Property has Private fenced backyard with a spacious deck and ample parking spaces. Both units are currently occupied with great tenants. Don't miss this fabulous opportunity for a great investment.

Property Details

Property Features

Property Information:

  • Architectural Style: Bi-Level, Traditional
  • Year Built: 1901

Listing Office:

  • Office Name: Baird & Warner
  • Office Phone: (847) 724-1855
  • Listing Agent: Jinhee Yang

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Electric

School Info

Assigned Schools Information:

  • Waukegan High School, Public District Grades 9-12
  • Robert E Abbott Middle School, Public District Grades 6-8
  • Washington Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Washington to Butrick South to Laurel

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000

Tax Information:

  • Annual Amount: $4,270
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Waukegan, IL.

Med. Sold Price

$223.7K

Med. Price/SqFt

$155

Avg. Days On Market

30

# of Sold Homes

39

1506 Laurel Ave vs Waukegan

57 DAYS ON ROCKET

+27 Days

$265,000

+$41.2K More

KEY TAKEAWAY

This property is $41.2K more than the Median Sold Price in Waukegan, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11983916

Listing Office:

  • Office Name: Baird & Warner
  • Office Phone: (847) 724-1855
  • Listing Agent: Jinhee Yang

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 5:15:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,270$37,170
2019$4,240$34,061
2018$13,750$25,029
2017$13,750$22,143

History based on county public records data.

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$1,390

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-792656
5
/10
  • Washington Elementary School

  • 110 S Orchard Ave

  • 0.64 miles

  • Public District Grades KG-5

Middle School

school-card-donut-792657
3
/10
  • Robert E Abbott Middle School

  • 1319 Washington St

  • 0.18 miles

  • Public District Grades 6-8

High School

school-card-donut-792658
1
/10
  • Waukegan High School

  • 2325 Brookside Ave

  • 0.82 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,423. Residents of Waukegan, IL typically earn between $35k-100k each year. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1506 Laurel Ave

What is the listing price of this property?

The listing price of 1506 Laurel Ave property is $265,000.

What type of property is this?

The property 1506 Laurel Ave is a house located in Waukegan, Illinois, 60085.

Is this property for sale now?

Active Listing: 1506 Laurel Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1506 Laurel Ave are:
Washington Elementary School: GreatSchools Rating 5/10
Robert E Abbott Middle School: GreatSchools Rating 3/10
Waukegan High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,270 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1506 Laurel Ave has 4 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 1506 Laurel Ave is 1901.

Rocket Homes›Illinois›Lake County›Waukegan›60085›1506 Laurel Ave

This home is located at 1506 Laurel Ave in Waukegan, IL and zip code 60085 in the Moderwells neighborhood. This home, which was built in 1901, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $265,000.

While more than 16 listings in Waukegan, IL in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 20 were sold below. The inventory of homes for sale in Waukegan, IL between February 2024 and March 2024 increased by 11.2%. While the average time on the market in March 2024 was 30 days, the median list price was $223,750.

From Rocket Homes Real Estate and based on county public records data.

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