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525 Baldwin Avenue

Waukegan, IL 60085

4 beds
3 baths
1,233 sqft
13,068 sqft lot
$105 per sqft
1945 build
– on site

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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.

Listing courtesy of MRED / RE/MAX Showcase as distributed by MLS GRID

Last checked: Checking… • Last updated Jan 22, 2025 •

MLS# 11907315 —

The Building

Year Built:

1945
Rebuilt:

No
New Construction:

false
Architectural Style:

Cape Cod
Roof:

Asphalt
Basement:

Full
Foundation Details:

Block
Exterior Features:

Deck
Disability Access:

No
Total SqFt:

1233
Total SqFt:

1959
Below Grade Finished Area:

500
Main SqFt:

798
Upper SqFt:

435
Basement SqFt:

726
Unfinished Basement SqFt:

226
Living Area Source:

Assessor

Interior

Room Type:

Family Room, Workshop
Rooms Total:

9
Interior Features:

Hardwood Floors
Fireplaces Total:

1
Fireplace Features:

Wood Burning
Fireplace Location:

Family Room
Laundry Features:

In Unit, Sink

Room Dimensions

Living Area:

1233

Location

Directions:

From Green Bay Rd and Grand Ave., go East to Baldwin, South to Home
Location:

2411
Location:

1855

The Property

Parcel Number:

08192080220000
Property Type:

Residential
Location:

A
Lot Size Dimensions:

100 X 135
Lot Size Acres:

0.3
Lot Size Source:

County Records
Zero Lot Line:

No
Rural:

N
Waterfront:

false
Additional Parcels:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Annual Amount:

5455.6

Beds

Bedrooms Total:

4
Bedrooms Possible:

4

Baths

Baths:

3
Full Baths:

3

The Listing

Short Sale:

Not Applicable
Special Listing Conditions:

None

Heating & Cooling

Heating:

Natural Gas, Forced Air
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Electric:

Fuses, Service - 60 Amp
Water Source:

Public

Appliances

Appliances:

Range, Refrigerator, Washer, Dryer

Schools

Elementary School District:

60
Middle Or Junior School District:

60
High School District:

60

The Community

Association Fee Includes:

None
Association Fee Frequency:

Not Applicable
Master Assoc Fee Frequency:

Not Required

Parking

Parking Total:

2
Parking Features:

Off Street
Parking Onsite:

Yes
Parking Ownership:

Owned

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$168/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
11/29/23 Nov 29, 2023	Sold	MRED	$130,000	18.3%
10/27/23 Oct 27, 2023	Pending	MRED	$109,900
10/25/23 Oct 25, 2023	Listed / Active	MRED	$109,900

House Sold on 11/29/2023

$130,000

Listing provided by broker:

Lori Mattice

RE/MAX Showcase

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Listing courtesy of MRED, RE/MAX Showcase, and Lori Mattice as distributed by MLS GRID.

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 Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. 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.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID 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.

Based on information submitted to MLS GRID as of Jan 22, 2025, 09:02 pm. 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.

525 Baldwin Avenue

Waukegan, IL 60085