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American Homeowner Preservation CMA Sheet
Name: Abe Rabah
Phone Number: 312‐464‐0460
Email Address: abe@thereobroker.com
Brokerage: Great Street Properties
Subject Property Address: 812‐14 14th St, North Chicago, IL 60064
Vacant or Occupied: Vacant
Quick Sale Value: $20,000
Comments: The subject is a set of two homes that are each single family units in
suburban North Chicago, a lower demand, rising REO area with an average pride
of ownership. The property is located on a residential street near Foss Park, a
school and the industrial property for Abbott Labs. The subject’s exteriors
appear to suggest an overall fair condition due to there being signs of deferred
maintenance including boarded windows, peeling paint and weeds in the yard.
The subject is a unique 2 unit property in that each unit is a separate structure.
The demand for multiunit properties is very limited in the subject’s area and
prices continue to drop. The property is currently listed as a short sale at $85,000
and has been on the market for 212 days. A reduction to $29,000 would be
suggested with a sales value of $20,000.
Insert Picture(s):
812 Front
814 Front
812 & 814 Rear
street
connectMLS - Connecting Your Real Estate Community Page 1 of 6
Two to Four Units MLS #: 07696572 List Price: $27,000
Status:CLSD List Date: 12/20/2010 Orig List Price:$27,000
Area:64 List Dt Rec: 12/20/2010 Sold Price:$18,000 (F)
Address:1028 Lenox Ave , North Chicago, Illinois 60064 Contingency
Flag:
Directions:Sheridan to 10th West to Lenox South to #
Closed:03/09/2011 Contract: 02/28/2011 List. Mkt Time:71
Off Mkt:02/28/2011 Financing: Conventional Points:
Year Built:1901 Blt Before 78: Yes Contingency:
Dimensions:142 X 50 County:Lake
Ownership:Fee Simple Subdivision: Waukegan Model:Multi-unit
Highlands
Corp Limits:North Chicago Township:Shields Parking:Garage, Exterior
Space(s)
Coordinates:N:32 W:10 # Spaces:Gar:2 Ext:5
Acreage: Total Units: 2 Parking Incl. Yes
In Price:
Total Rooms:11 Total Baths 2/0 3 BR Unit:No
(Full/Half):
Total Bedrooms:4 Basement: Full Zoning:Multi-Family
Waterfront:No
Remarks: Great for investors or someone who wants to live in one unit and have tenants in
another. Just a block from Lake Michigan. Day 1-7 offers not reviewed. Days 8 - 12: offers
ONLY from NSP buyers, Municipalities, Non-profit organizations and Owner-Occupants will be
reviewed. Day 13+ We will consider offers from all buyers.
School Data
Elementary: (187)
Junior High: (187)
High School: (187)
Other:
Taxes/Assessments Financial Info
PIN: 08332010210000 Total Rental Income:
Mult PINs: Net Operating Income:
Tax Amount:$3,927 Gross Income:
Tax Year: 2009 Gross Expenses:
Exemptions: Other Income:
Special Assessments: No
Special Service Area: No
Floor Level Rooms Bedrooms Bathrooms Master Bath Sec Deposit Rent Lease Exp
Unit #1 1 5 2 1/0 None 0 0 00/00
Unit #2 2 5 2 1/0 None 0 0 00/00
Age: 100+ Years Garage Ownership: Owned Tenant Pays (1): None
Type-Multi Unit: 3 Story Unit/s Garage On Site: Yes Tenant Pays (2): None
Style: Garage Type: Detached Tenant Pays (3):
Const Opts: Garage Details: None/NA Tenant Pays (4):
General Info: Q Parking Ownership: N/A Water: Public
Amenities: Parking On Site: Yes Sewer: Sewer-Public
Ext. Bldg. Type: Aluminum Siding Parking Details: Unassigned Heating: Gas
Lot Size: Less Than .25 Acre Appliances/Features (1): None Equipment:
Lot Desc: Appliances/Features (2): None HERS Index Score:
Roof: Appliances/Features (3): Green Disc:
Foundation: Appliances/Features (4): Green Rating Srce:
Exst Bas/Fnd: Bath Amn: Green Feats:
Basement Details: Finished Possession: Closing
Additional Rooms: Loft Sale Terms:
Copyright 2011 MRED LLC - 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.
MLS #: 07696572 Prepared By: Ayoub Rabah | Great Street Properties, Inc. | 05/16/2011 09:06 AM
http://connectmls3.mredllc.com/report/report.jsp?chooseSelection=true&change_report_type_to=&fromUR... 5/16/2011
connectMLS - Connecting Your Real Estate Community Page 2 of 6
Two to Four Units MLS #: 07715182 List Price: $25,250
Status:CLSD List Date: 01/19/2011 Orig List Price:$25,250
Area:64 List Dt Rec: 01/20/2011 Sold Price:$19,000 (F)
Address:1507 Glenn Dr , North Chicago, Illinois 60064 Contingency
Flag:
Directions:14th St. East of Lewis to Glenn, South to Address (look for 1505 on outside of
home)
Closed:03/25/2011 Contract: 02/21/2011 List. Mkt Time:34
Off Mkt:02/21/2011 Financing: Cash Points:
Year Built:1925 Blt Before 78: Yes Contingency:
Dimensions:50 X 120 County:Lake
Ownership:Fee Simple Subdivision: Model:
Corp Limits:North Chicago Township: Waukegan Parking:Exterior Space(s)
Coordinates:N: S: E: W: # Spaces:Ext:2
Acreage: Total Units: 2 Parking Incl.
In Price:
Total Rooms:11 Total Baths 2/0 3 BR Unit:Yes
(Full/Half):
Total Bedrooms:6 Basement: Partial Zoning:Single Family
Waterfront:No
Remarks: Great 2-unit w/lots of potential for the right person. Nice layout w/3 BR's in upper
level & 3 bedrooms on main level. Appears to have good "bones," nice siding, needs work, but
could be a great investment. Live in one and rent out the other! Separate entrances. Bsmnt!
Bring your ideas! This is a Fannie Mae property. SOLD "AS-IS." Windows boarded to preserve
property(all windows intact but one).BRING FLASHLIGHT!
School Data
Elementary: (187)
Junior High: (187)
High School: (187)
Other:
Taxes/Assessments Financial Info
PIN: 08333060030000 Total Rental Income:
Mult PINs: No Net Operating Income:
Tax Amount:$3,057 Gross Income:
Tax Year: 2009 Gross Expenses:
Exemptions: Other Income:
Special Assessments: Unknown
Special Service Area: No
Floor Level Rooms Bedrooms Bathrooms Master Bath Sec Deposit Rent Lease Exp
Unit #1 1 6 3 1/0 0 0 0
Unit #2 2 5 3 1/0 0 0 0
Age: 81-90 Years Garage Ownership: Tenant Pays (1): All
Type-Multi Unit: 2 Flat Garage On Site: Tenant Pays (2): All
Style: Garage Type: Tenant Pays (3):
Const Opts: Garage Details: Tenant Pays (4):
General Info: Q Parking Ownership: N/A Water: Public
Amenities: Parking On Site: Yes Sewer: Sewer-Public
Ext. Bldg. Type: Vinyl Siding Parking Details: Unassigned Heating: Gas, Forced Air
Lot Size: Less Than .25 Acre Appliances/Features (1): None Equipment:
Lot Desc: Appliances/Features (2): None HERS Index Score:
Roof: Appliances/Features (3): Green Disc:
Foundation: Appliances/Features (4): Green Rating Srce:
Exst Bas/Fnd: Bath Amn: Green Feats:
Basement Details: Unfinished Possession: Closing, Immediate, Negotiable
Additional Rooms: Sale Terms:
Copyright 2011 MRED LLC - 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.
MLS #: 07715182 Prepared By: Ayoub Rabah | Great Street Properties, Inc. | 05/16/2011 09:06 AM
http://connectmls3.mredllc.com/report/report.jsp?chooseSelection=true&change_report_type_to=&fromUR... 5/16/2011
connectMLS - Connecting Your Real Estate Community Page 3 of 6
Two to Four Units MLS #: 07711019 List Price: $34,975
Status:CLSD List Date: 01/14/2011 Orig List Price:$34,975
Area:64 List Dt Rec: 01/14/2011 Sold Price:$27,000
Address:1307 Glenn Dr , North Chicago, Illinois 60064 Contingency
Flag:
Directions:JACKSON & 14TH ST W TO GLENN N TO HOUSE
Closed:03/23/2011 Contract: 03/01/2011 List. Mkt Time:47
Off Mkt:03/01/2011 Financing: Cash Points:
Year Built:1901 Blt Before 78: Yes Contingency:
Dimensions:50 X 114 County:Lake
Ownership:Fee Simple Subdivision: Model:
Corp Limits:North Chicago Township: Waukegan Parking:Garage
Coordinates:N: S: E: W: # Spaces:Gar:2
Acreage:0 Total Units: 2 Parking Incl.
In Price:
Total Rooms:10 Total Baths 2/0 3 BR Unit:No
(Full/Half):
Total Bedrooms:4 Basement: Partial Zoning:Legal Non-
Conforming
Waterfront:No
Remarks: ATTENTION INVESTORS AND REHABBERS! GREAT INVESTMENT OPPORTUNITY.
SOLD AS-IS, NO SURVEY, 100% TAX PRORATION. BUYER RESPONSIBLE FOR ANY & ALL
COMPLIANCES. CASH OFFERS ONLY. PROOF OF FUNDS REQUIRED WITH ALL OFFERS.
EARNEST MONEY CERTIFIED FUNDS
School Data
Elementary: (187)
Junior High: (187)
High School: (187)
Other:
Taxes/Assessments Financial Info
PIN: 08331220030000 Total Rental Income:
Mult PINs: No Net Operating Income:
Tax Amount:$4,183.37 Gross Income:
Tax Year: 2009 Gross Expenses:
Exemptions: Other Income:
Special Assessments: No
Special Service Area: No
Floor Level Rooms Bedrooms Bathrooms Master Bath Sec Deposit Rent Lease Exp
Unit #1 1 5 2 1/0 None 0 0 NA
Unit #2 2 5 2 1/0 None 0 0 NA
Age: 100+ Years Garage Ownership: Owned Tenant Pays (1): None
Type-Multi Unit: 2 Flat Garage On Site: Yes Tenant Pays (2): None
Style: Garage Type: Detached Tenant Pays (3):
Const Opts: Garage Details: Tenant Pays (4):
General Info: School Bus Service Parking Ownership: Water: Public
Amenities: Parking On Site: Sewer: Sewer-Public
Ext. Bldg. Type: Other Parking Details: Heating: Gas, Forced Air, Hot Water/Steam
Lot Size: Less Than .25 Acre Appliances/Features (1): None Equipment:
Lot Desc: Appliances/Features (2): None HERS Index Score:
Roof: Appliances/Features (3): Green Disc:
Foundation: Appliances/Features (4): Green Rating Srce:
Exst Bas/Fnd: Bath Amn: Green Feats:
Basement Details: Unfinished Possession: Closing
Additional Rooms: Sale Terms: Cash Only
Copyright 2011 MRED LLC - 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.
MLS #: 07711019 Prepared By: Ayoub Rabah | Great Street Properties, Inc. | 05/16/2011 09:06 AM
http://connectmls3.mredllc.com/report/report.jsp?chooseSelection=true&change_report_type_to=&fromUR... 5/16/2011
connectMLS - Connecting Your Real Estate Community Page 4 of 6
Two to Four Units MLS #: 07753686 List Price: $35,350
Status:PEND List Date: 03/12/2011 Orig List Price:$35,350
Area:64 List Dt Rec: 03/14/2011 Sold Price:
Address:1118 Park Ave , North Chicago, Illinois 60064 Contingency
Flag:
Directions:JACKSON & 10TH S2 11TH E2 PARK
Closed: Contract: 03/23/2011 List. Mkt Time:12
Off Mkt:03/23/2011 Financing: Points:
Year Built:1915 Blt Before 78: Yes Contingency:
Dimensions:150X142 County:Lake
Ownership:Fee Simple Subdivision: Model:
Corp Limits:North Chicago Township: Waukegan Parking:Garage
Coordinates:N:32 W:10 # Spaces:Gar:2
Acreage:0 Total Units: 4 Parking Incl.
In Price:
Total Rooms:16 Total Baths 4/0 3 BR Unit:No
(Full/Half):
Total Bedrooms:8 Basement: Partial Zoning:Multi-Family
Waterfront:No
Remarks: This is a Fannie Mae Homepath Property. Purchase for as little as 3% down! Call
agent for details. For the 1st 15 days, ONLY owner-occup/public entity offers will be
considered. Sold as is. NO disclosures. See Agent remarks for more notes. No Survey.
School Data
Elementary: (187)
Junior High: (187)
High School: (187)
Other:
Taxes/Assessments Financial Info
PIN: 08331110290000 Total Rental Income:
Mult PINs: Net Operating Income:
Tax Amount:UNK Gross Income:
Tax Year: 2009 Gross Expenses:
Exemptions: Other Income:
Special Assessments: No
Special Service Area: No
Floor Level Rooms Bedrooms Bathrooms Master Bath Sec Deposit Rent Lease Exp
Unit #1 1 4 2 1/0 0 0 0
Unit #2 2 4 2 1/0 0 0 0
Unit #3 3 4 2 1/0 0 0 0
Unit #4 4 4 2 1/0 0 0 0
Age: 91-100 Years Garage Ownership: Owned Tenant Pays (1): None
Type-Multi Unit: 4 Story Unit/s Garage On Site: Yes Tenant Pays (2): None
Style: Garage Type: Detached Tenant Pays (3): None
Const Opts: Garage Details: Tenant Pays (4): None
General Info: None Parking Ownership: Water: Public
Amenities: Parking On Site: Sewer: Sewer-Public
Ext. Bldg. Type: Frame Parking Details: Heating: Gas
Lot Size: Less Than .25 Acre Appliances/Features (1): None Equipment:
Lot Desc: Appliances/Features (2): None HERS Index Score:
Roof: Appliances/Features (3): None Green Disc:
Foundation: Appliances/Features (4): None Green Rating Srce:
Exst Bas/Fnd: Bath Amn: Green Feats:
Basement Details: Other Possession: Closing
Additional Rooms: Sale Terms:
Copyright 2011 MRED LLC - 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.
MLS #: 07753686 Prepared By: Ayoub Rabah | Great Street Properties, Inc. | 05/16/2011 09:06 AM
http://connectmls3.mredllc.com/report/report.jsp?chooseSelection=true&change_report_type_to=&fromUR... 5/16/2011
connectMLS - Connecting Your Real Estate Community Page 5 of 6
Two to Four Units MLS #: 07713290 List Price: $35,900
Status:RACT List Date: 01/18/2011 Orig List Price:$54,900
Area:64 List Dt Rec: 01/18/2011 Sold Price:
Address:1313 Broadway Ave , North Chicago, Illinois Contingency
60064 Flag:
Directions:1300 Broadway northeast to property
Closed: Contract: List. Mkt Time:119
Off Mkt: Financing: Points:
Year Built:1962 Blt Before 78: Yes Contingency:
Dimensions:25X125 County:Lake
Ownership:Fee Simple Subdivision: Model:
Corp Limits:North Chicago Township: Benton Parking:None
Coordinates:N:1300 E:1300 # Spaces:0
Acreage:0.06 Total Units: 2 Parking Incl.
In Price:
Total Rooms:10 Total Baths 2/2 3 BR Unit:Yes
(Full/Half):
Total Bedrooms:6 Basement: Full Zoning:Multi-Family
Waterfront:No
Remarks: Large multi unit in North Chicago. Over 2560 square feet! 6bedroom, 2.2 Bath. Large
Basement! NO SURVEY OR DISCLOSURES. PROOF OF FUND/PRE APPROVAL LETTER MUST
ACCOMPANY ALL OFFERS. ADDENDUM REQUIRED AFTER ACCEPTANCE. EARNEST MONEY
MUST BE CERTIFIED FUNDS. ROOMS, LOT SIZE & DETAILS NOT GUARANTEED.BUYER
RESPONSIBLE FOR ANY & ALL CITY LIENS/VIOLATIONS, CITY REPAIRS & CITY ESCROWS IF
ANY
School Data
Elementary: (187)
Junior High: (187)
High School: (187)
Other:
Taxes/Assessments Financial Info
PIN: 12052270230000 Total Rental Income:
Mult PINs: Net Operating Income:
Tax Amount:$2,600.22 Gross Income:
Tax Year: 2009 Gross Expenses:
Exemptions: Other Income:
Special Assessments: No
Special Service Area: No
Floor Level Rooms Bedrooms Bathrooms Master Bath Sec Deposit Rent Lease Exp
Unit #1 1 5 3 2/1 None OWN OWN OWN
Unit #2 2 5 3 1/0 None OWN OWN OWN
Age: 41-50 Years Garage Ownership: Tenant Pays (1): All
Type-Multi Unit: 2 Flat Garage On Site: Tenant Pays (2): All
Style: Garage Type: Tenant Pays (3):
Const Opts: Garage Details: Tenant Pays (4):
General Info: None Parking Ownership: Water: Public
Amenities: Parking On Site: Sewer: Septic-Shared
Ext. Bldg. Type: Brick Parking Details: Heating: Gas
Lot Size: .25-.49 Acre Appliances/Features (1): None Equipment:
Lot Desc: Appliances/Features (2): None HERS Index Score:
Roof: Appliances/Features (3): Green Disc:
Foundation: Appliances/Features (4): Green Rating Srce:
Exst Bas/Fnd: Bath Amn: Green Feats:
Basement Details: Partially Finished Possession: Closing, Immediate
Additional Rooms: Sale Terms:
Copyright 2011 MRED LLC - 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.
MLS #: 07713290 Prepared By: Ayoub Rabah | Great Street Properties, Inc. | 05/16/2011 09:06 AM
http://connectmls3.mredllc.com/report/report.jsp?chooseSelection=true&change_report_type_to=&fromUR... 5/16/2011
connectMLS - Connecting Your Real Estate Community Page 6 of 6
Two to Four Units MLS #: 07691183 List Price: $45,500
Status:ACTV List Date: 12/09/2010 Orig List Price:$95,000
Area:64 List Dt Rec: 12/09/2010 Sold Price:
Address:1025 Wadsworth Ave , North Chicago, Illinois Contingency
60064 Flag:
Directions:LEWIS TO 10TH EAST TO WADSWORTH RD.,SOUTH TO #
Closed: Contract: List. Mkt Time:159
Off Mkt: Financing: Points:
Year Built:1901 Blt Before 78: Yes Contingency:
Dimensions:50X150 County:Lake
Ownership:Fee Simple Subdivision: Waukegan Model:
Highlands
Corp Limits:North Chicago Township: Waukegan Parking:Garage
Coordinates:N:31 W:10 # Spaces:Gar:2
Acreage:0.17 Total Units: 2 Parking Incl. Yes
In Price:
Total Rooms:8 Total Baths 2/0 3 BR Unit:No
(Full/Half):
Total Bedrooms:4 Basement: Full Zoning:Multi-Family
Waterfront:No
Remarks: GREAT INVESTMENT, SOLID INCOME PROPERTY, ALL SEPERATE UTILITIES, 2 GAS
FURNACES, 2 ELECTRICAL BOXES, 2 GAS METERS. SHORT SALE. SOLD AS IS. ALLOW AMPLE
TIME FOR BANK APPROVAL.
School Data
Elementary: (187)
Junior High: (187)
High School: (187)
Other:
Taxes/Assessments Financial Info
PIN: 08331070090000 Total Rental Income:
Mult PINs: No Net Operating Income:
Tax Amount:$3,923 Gross Income:
Tax Year: 2009 Gross Expenses:
Exemptions: Homeowner Other Income:
Special Assessments: No
Special Service Area: No
Floor Level Rooms Bedrooms Bathrooms Master Bath Sec Deposit Rent Lease Exp
Unit #1 1 4 2 1/0 0 0 000
Unit #2 2 4 2 1/0 0 0 000
Age: 100+ Years Garage Ownership: Owned Tenant Pays (1): All
Type-Multi Unit: 2 Story Unit/s Garage On Site: Yes Tenant Pays (2): All
Style: Garage Type: Detached Tenant Pays (3):
Const Opts: Garage Details: Tenant Pays (4):
General Info: None Parking Ownership: Water: Public
Amenities: Parking On Site: Sewer: Sewer-Public
Ext. Bldg. Type: Brick Parking Details: Heating: Gas
Lot Size: Less Than .25 Acre Appliances/Features (1): None Equipment:
Lot Desc: Appliances/Features (2): None HERS Index Score:
Roof: Asphalt/Glass (Shingles) Appliances/Features (3): Green Disc:
Foundation: Concrete Appliances/Features (4): Green Rating Srce:
Exst Bas/Fnd: Bath Amn: Green Feats:
Basement Details: Unfinished Possession: Closing
Additional Rooms: Sale Terms: Conventional, FHA, VA, Cash Only
Copyright 2011 MRED LLC - 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.
MLS #: 07691183 Prepared By: Ayoub Rabah | Great Street Properties, Inc. | 05/16/2011 09:06 AM
http://connectmls3.mredllc.com/report/report.jsp?chooseSelection=true&change_report_type_to=&fromUR... 5/16/2011
