Friday, June 20, 2008
Drobonick Estates

Sitting right in the middle of beautiful Drobonick Estates was this slightly run down, brick, gem of a home. My client spotted this among the properties I have been sending him on a weekly basis and said he had to have it. Originally listed for $130,000, he purchased it for $111,000. He hopes to add a bedroom, fix up the property, rent it out and watch his investment grow!
2636 N Pine Street, Waukegan 60087

This picture does not do this property justice. It is a 3 bedroom, 1 1/2 bath home located in the "gardens". It has central air and a 2.5 car garage. Property was listed at $106,900 which was well below current market value. My client was able to snatch this property for a mere $71,000. He figures he will need to do about $7,000 in rehab and will rent it for $1,000 or more per month.
Thursday, June 5, 2008
Beach Park Passes Zoning Inspection Ordinance
The Village of Beach Park has recently adopted an ordinance requiring all one or two-unit residential zoned properties to file for a Zoning Certificate upon the transfer of ownership; the cost is $25. A property inspection must be conducted in order to determine the legal zoning of the property. Upon inspection and determination of the zoning, a Zoning Certificate will be issued which must be provided to the Buyer at the time of closing. In order to ensure the Zoning Certificate is ready in time for the closing, please make sure to make application for the Zoning Certificate not less than two weeks from the closing. However, nothing precludes the Seller from making application for the Zoning Certificate more than two weeks from the closing, including at the time of listing. Applications are available at Village Hall. From -It's News to You-, REALTOR® Association of NorthWest Chicagoland
Wednesday, June 4, 2008
Waukegan - Worth A Look

Three bedroom, 1 bath with extra show in basement Sturdy brick constuction in northern part of Waukegan. $158,900.
Unusual Waukegan Listing
This property appears to have been a business in the past and is now listed as a single family home. It has two half baths but does not have a full bath. The property does not contain a kitchen either. However, it does appear to be very well build and could be rehabbed rather easily. The basement is dry, building is supported by a steal beam and it has older style electrical circuit breaker boxes. Should be easy to rent as it is located on a busy street. Priced at $84,900.
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Waukegan, 3 BR, 1.5 Bath, Central Air, 2 Car Garage $129,900 



