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7560 North Waukegan Road

7560 North Waukegan Road, Niles, IL 60714
Property in Niles
Sold Nov 16, 2021
$1,150,000
$862,500 by West Suburban Bank
Mortgage
7560 North Waukegan Road has been categorized by the local assessors in Niles, IL as a residential type of property. The building on the property was first built in 1960 and is 64 years old. The area measurement of the land has been determined as 7,446 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7560 North Waukegan Road sold most recently in Sep 15, 2021 for a total of $1,150,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,554 in taxes each year. 7560 North Waukegan Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $66,829. If we break it down further, the land itself was valued at $10,424. Improvements to the property, however, were assessed at a total of $56,405. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Living Units: 7
  • Business/Commerical Units Count: 7
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,446
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUPERIOR COURT PARTITION
  • Land Acres: 0.171
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : 7560 WAUKEGAN LLC
  • Previous Owner : PULEO JOSEPH
  • Previous Owner 2: PULEO SARAH
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Niles Elementary School District 71
  • Census Tract: 808100

Geography

  • District: 24
  • Parcel: 10-30-326-019-0000
  • Meridian: SEC 30 TWN 41N RNG 13E
  • Municipality: NILES
  • Latitude: 42.0188
  • Longitude: -87.8032

    Address

  • Full Address: 7560 N Waukegan Rd
  • Address - House Number: 7560
  • Street Direction: N
  • Address - Street Name: Waukegan
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Niles
  • Carrier Code: C029
  • 4-Digit Zip Code: 3760
  • Zip Code: 60714

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,554
  • Tax Rate Code Area: 24011

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 578,952
  • High Value: 666,336
  • Low Value: 491,567

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $862,500
  • First Open Lien Mortgage Lender: WEST SUBURBAN BANK
  • First Open Lien Mortgage Recording Date: Nov 16, 2021
  • First Open Lien Mortgage Loan Amount: $862,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $668,290
  • Market Land Value: $104,240
  • Market Improvement Value: $564,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,829
  • Assessed Land Value: $10,424
  • Assessed Improvements Value: $56,405

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Nov 16, 2021
  • Current Sale Transaction ID: 11869094956
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2132021374

    Last Sale Mortgage

  • First Mortgage Lender: WEST SUBURBAN BANK
  • First Mortgage Transaction Date: Nov 16, 2021
  • First Mortgage Loan Amount: $862,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Niles



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Unit for rent at 6047 N Northwest Highway, Chicago, IL, 60631

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
6047 N Northwest Highway #3, Chicago, IL, 60631 Listing by Dimitris Mellos

Frequently Asked Questions

What neighborhood is 7560 North Waukegan Road located in?
The 7560 North Waukegan Road is a located in the neighborhood of Niles in Niles, Niles.
What is the average sales price for listings in 7560 North Waukegan Road?
The average sales price for units in 7560 North Waukegan Road is $0 currently.

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