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.
Property Map
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Property Details
Rooms
Room
Level
Flooring
Size
Living Room
Main
Hardwood
13X10
Dining Room
N/A
Kitchen
Main
Vinyl
10X10
Family Room
Main
Parquet
16X12
Laundry
Basement
9X9
Master Bedroom
Main
Hardwood
11X10
Bedroom 2
Main
9X9
Bedroom 3
Second
Vinyl
10X9
Bedroom 4
Second
Carpet
10X10
Family Room - Down
Basement
Vinyl
10X9
Work Room
Basement
Vinyl
10X8
Utilities
Heating Natural Gas, Forced Air
Cooling Central Air
Water Public
Sewer Public Sewer
Additional Information
Interior Features
Hardwood Floors
Exterior Features
Deck
Appliances
Range, Refrigerator, Washer, Dryer
Parking
2 Parking Spaces, Off Street, Parking On Site, Owned, Parking included in price
Schools
District 60
Payment Calculator
Listing History
10-25-2023
Listed at $109,900
10-27-2023
Status changed to Under Contract
Last Modified 10/27/23 7:34 PM
Nearby Transportation
Hwy 41 North
1.2 mi
Hwy 41 South
1.3 mi
I 94 East
3.1 mi
I 94 West
3.3 mi
For More Information
(312) 528-9200
For more information about 525 Baldwin, Waukegan, IL 60085 contact Corcoran Urban Real Estate.
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Listing provided by RE/MAX Showcase
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