Apartment Sales is Our Business!

FOR SALE2 UNITS IN WAUKEGAN, ILLINOIS

667 Lenox

� Finished wood floors throughout

� Updated 100 amp electrical services

� Interior basement access

� Front and rear entry/exit for each unit

� Separate heat, gas & electric utilities

� Huge 900 s.f. two-bedroom apartments

FEATURES:

$10,260NET OPERATINGINCOME

6,840Expenses

$17,100(900)Vacancy (5%)

$18,000GROSS INCOMEPRO - FORMA

www.graffrealty.com

MEL METTS847-949-6045

CALL:

$60,000ASKING:

667 Lenox Avenue

Apartment Sales is Our Business!

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Two to Four Units MLS #:07125079 List Price:$60,000Status:PCHG List Date:02/01/2009 Orig List Price:$75,000

Area:85  List Date Recvd:02/02/2009 Sold Price: Address:667 LENOX AVE, Waukegan 60085 Contingency Flag:

Directions:120 & MCALISTER S2 HELMHOLTZ E2 LENOX S2 #Sold by: Listing Market Time:183

Off Mkt Date: Contract Date: Points:Closed Date: Finance Code: Census Tract:

Year:1925 Built Before 78:YesOwner:Fee Simple Subdivision:Model:1,810 Sf Dimensions:50 X 133

Corp Limits:Waukegan County:LakeTownship:Waukegan

Total Units:2 Ownership:Fee Simple Waterfront:NoTotal Rooms:10 Total Bedrooms:4 Total Bathrooms:2

3 BR Unit:No Parking:Garage Zoning:Multi-FamilyBasement:Yes Cars:2 Acreage:0.15

Tax:$525.90 Tax Year:2007 Tax Exemptions:Homeowner,Other,Senior

Wall Insul: Mult PINs:No Special Assessments:NoCeiling Insul: PIN:08284060090000

Floor Level Rooms Bedrooms Bathrooms Sec Deposit Rent Lease ExpUnit #1 1 5 2 1.0 0 OWNR N/AUnit #2 2 5 2 1.0 0 700 VACUnit #3Unit #4

Annual ExpensesHeat:  Insurance:  Janitorial:  Gas:  Scavenger:   Misc:  

Electricity:  Water/Sewer:  Mgmnt Fee:   Repairs/Maint:   Gross: 

Annual IncomeMisc:  

Total Rental: Gross Rental: 

Net Operating:  

School DataElementary: (60)Junior High: (60)High School:(60)

Other:

CoordinatesNorth:33South:0West:10East:0

Age:51-100 YearsAmenities:

Appliances/Features (1):Stove, RefrigeratorAppliances/Features (2):Stove, RefrigeratorAppliances/Features (3):NoneAppliances/Features (4):None

Basement:Full, Unfinished

Bath Amn:Equipment:Foundation:Block, Concrete

Exst Bas/Fnd:Exterior:Asbestos SidingGarage:Detached, 2 Car Garage

Water:PublicSewer:Sewer-Public

Oth Impr:Curbs/Gutters, Sidewalks, StreetLights, Streets Paved

Heating:Gas, Forced Air, 2+ Sep HeatingSystems

Oth Info:NoneLot Size:Less Than .25 AcreLot Desc:

Const Opts:Other Addl Income:

Other Rooms:Possesion:Closing

Roof:Asphalt/Glass (Shingles)Style:Type:2 Flat

Sale Terms:ConventionalTenant Pays (1):Electric, GasTenant Pays (2):NoneTenant Pays (3):NoneTenant Pays (4):None

Remarks:  IMPRESSIVE 2-UNIT WITH SEPARATE GAS & ELECTRIC (100 AMP SERVICES), SEPARATE FURNACES & HWH, FOR EACH UNIT. BOTH2-BEDROOM UNITS HAVE WOOD FLOORS AND DINING ROOMS. UPPER UNIT HAS NEW FLOOR IN KITCHEN & BATH. HUGE BASEMENT WITHINSIDE ACCESS. NEWER DETACHED 2-CAR GARAGE. SOME UPDATING REQUIRED SO IT IS BEING SOLD AS-IS. THIS IS NOT A FORECLOSUREOR SHORT SALE! ZONED R4. *ALSO UPPER UNIT 4-RENT AT $700 INCL UTILITIES*

Agent Remarks:  Newer roof. Upstairs unit currently for rent. Unit 1 furniture may also be for sale.

Internet Listing:All Remarks on Internet?:Yes Addr on Internet?:YesVOW AVM:No VOW Comments/Reviews:No

Listing Type:Exclusive Right to Sell Holds Earnest Money:Yes Lock Box:Combination BoxCoop Comp:3% - $100 Special Comp Info:None

Showing Inst:CALL AGENT 847-949-6045 OR USE SHOWING ASSISTOwner:OWNER OF RECORD Ph #: Agent Owned/Interest?:NoBroker:Graff Realty (2204) Ph #: (847) 587-4900

List Agent:Mel Metts (18490) Ph #: (847) 949-6045 Email:MELMETTS@GRAFFREALTY.COMCo-lister: Ph #: More Agent Contact Info:www.graffrealty.com

Copyright 2009 MRED LLC - INFORMATION NOT GUARANTEED, CHECK FLOOD INSURANCE, ROOM SIZES ROUNDED TO THE NEAREST FOOT

 Prepared By: Mel Metts - Graff Realty 08/02/2009 11:12 AM

MLS#: 07125079Two to Four Units667 Lenox AVEWaukegan IL 60085

Copyright 2009MRED LLC

Prepared By: Mel Metts - Graff Realty 08/02/2009 11:12 AM

2 2 09

2/2/09

Lake County, Illinois

Property Tax Assessment Information: Lake County, IL

http://oldapps.lakecountyil.gov/spassessor/assessments/asmt2.asp

Property AddressPin: 08-28-406-009Street Address: 667 LENOX AVECity: WAUKEGANZip Code: 60085-6401Land Amount: $6,479Building Amount: $45,009Total Amount: $51,488Township: WaukeganAssessment Date: 2008

Property CharacteristicsNeighborhood Number: 9928420Neighborhood Name: R206Total Land Square Footage: 0House Type Code: 21Structure Type / Stories: 2.0Exterior Cover: Asbestos sidingMultiple Buildings (Y/N): NYear Built / Effective Age: 1925 / 1925Condition: AverageQuality Grade: AvgAbove Ground Living Area (Square Feet):

1810

Lower Level Area (Square Feet): Finished Lower Level (Square Feet): Basement Area (Square Feet): 905Finished Basement: Area (Square Feet)

0

Number of Full Bathrooms: 1Number of Half Bathrooms: Fireplaces: Garage Attached/Detached/Carport: 0 / 1 / 0 Garage Attached/Detached/Carport Area: 0 / 480 / 0Deck / Patios: 0 / 0Deck / Patios Area: 0 / 0Porches Open / Enclosed: 1 / 0Porches Open / Enclosed Area 126 / 0Pool 0

Click here for a Glossary of these Terms

Click on the image or sketch to the left to view and print them at full size. The sketch will have a legend.

Property Sales History

Changes made to the sketch drawings are uploaded to the website every two weeks. The property characteristics appearing on thispage show any changes made by an assessor the following day.

Note that the characteristic information shown is extracted from the Township Assessor's property records. Any errors/omissions/discrepancies should be discussed with the appropriate township office.

Date of Sale Sale Amount Qualified Sale

No previous sales information found.

Lake County, Illinois

Property Tax Assessment Information

http://oldapps.lakecountyil.gov/assessor/assessments/legend.asp?Pin=08-28-406-009

LegendNumber enclosed in an oval = footprint area of the improvement

Within the improvement section

Above the line = above grade improvements footprint Below the line = below grade improvements footprint A = atticB = basement C = crawl space Slab = area is on a concrete slab 1sFr = one story frame area 1sBr = one story brick 2sFr = two story frame area L(Fin) = lower level finished area, common in split level and raised ranches B(Fin) = basement area finished 3/4B + 1/4C = thebasement is approximately ¾ finished and ¼ crawl space OH = overhang, common in split level and raised ranches

Other common features:

FrG = frame garage BrG = brick garage OFP = open frame porch EFP = enclosed frame porch

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PAYMENT COUPON Tax Year 2007PIN: 08-28-406-009

ROBERT SKIDMORE LAKE COUNTY COLLECTOR

Pin 08-28-406-009 Interest calculated as of 1/29/2009

ADDRESS OF TAXPAYER:334 CHILTERN DR LAKE FOREST,IL 60045-2019

BALANCE DUE: $0.00

PAYABLE TO THE LAKE COUNTY COLLECTOR

Your cancelled check is your receipt. 082840600900000000000000200728

Please Remit Payment To:

Lake County Collector 18 N. County StreetWaukegan, IL 60085

-Please call 847-377-2323 with any questions

Property Location: 667 LENOX AVE Tax Year Pin Number Tax Code Acres WAUKEGAN 2007 08-28-406-009 09012 0.00 Legal Description: LENOX SUB

LOT 12 BLOCK 2 Taxing Body RateCOUNTY OF LAKE 0.348COUNTY OF LAKE PENSION PENSION 0.096CITY OF WAUKEGAN 0.798CITY OF WAUKEGAN LIBRARY LIBRARY 0.234CITY OF WAUKEGAN PENSION PENSION 0.337ROAD AND BRIDGE-WAUKEGAN 0.023WAUKEGAN PARK DIST 0.578WAUKEGAN PARK DIST PENSION PENSION 0.032UNIT SCHOOL DISTRICT #60 5.291UNIT SCHOOL DISTRICT #60 PENSION PENSION 0.348COLLEGE OF LAKE COUNTY #532 0.192BEACH PARK DRAINAGEEAST SKOKIE DRAINAGEGRUB SCHOOL DRAINAGENORTH SHORE SAN DIST 0.120FOREST PRESERVE 0.196FOREST PRESERVE PENSION PENSION 0.005TOWNSHIP OF WAUKEGAN 0.264TOWNSHIP OF WAUKEGAN PENSION PENSION 0.017

Totals 8.879

Land Value $6,217.00+ Building Value $43,187.00x State Multiplier 1.0= Equalized Value $49,404.00+ Farm Land and Bldg Value $0.00+ State Assessed Pollution Ctrl. $0.00+ State Assessed Railroads $0.00= Total Assessed Value $49,404.00- Fully Exempt $0.00- Senior Freeze $32,795.00- Home Improvement $2,186.00- Limited Homestead $5,000.00- Senior Homestead $3,500.00- Veterans/Disabled $0.00- Returning Veteran $0.00= Taxable Valuations $5,923.00x Tax rate 8.879= Real Estate Tax $525.90+ Special Services Area $0.00+ Drainage $0.00= Total Current Year Tax $525.90+ Omitted tax $0.00+ Forfeited Tax $0.00 = Total Tax Billed $525.90+ Interest Due as of 1/29/2009 $0.00

+ Cost $0.00 = AMOUNT BILLED $0.00

Fair market value $148,212.00 1st Installment Due 6/3/2008 $0.00 2nd Installment Due 9/3/2008 $0.00

THIS IS A CONFIDENTIAL MARKETING BROCHURE intended to assist a potentialpurchaser in an initial review of the real property presented here. Theselected information is not all-inclusive and does not contain all theinformation an investor may desire. Neither the owners nor GRAFF REALTYor any agent or employee make any representation or warranty,expressed or implied, as to the accuracy or completeness of this brochureor any of its contents.

Interested persons are expected to do an independent review of anyprojections and all documents relating to the property. Any projectionscontained herein are based on assumptions about the current and futuremarket conditions, and the general economy which are beyond thecontrol of GRAFF REALTY, and therefore subject to material variation.

This information is of confidential and proprietary nature, and you are notto disclose this information directly or indirectly without prior writtenpermission of the owners. This brochure may not be duplicated withoutthe consent of GRAFF REALTY.

Pursuant to regulations enacted by the State of Illinois relative todisclosure of representation by broker or sales associate, in alltransactions relative to this property, GRAFF REALTY is representing theowner. However, in any situation where there is not a cooperating brokerrepresenting the purchaser, GRAFF REALTY is deemed to also berepresenting the purchaser.

THIS OFFERING IS SUBJECT TO CHANGE AND MAY BE WITHDRAWN WITH OR WITHOUTNOTICE. THIS CONFIDENTIAL DOCUMENT SHALL NOT BE DEEMED A REPRESENTATION OFTHE STATE OF AFFAIRS OF THE PROPERTY AND THERE MAY HAVE BEEN CHANGES IN THEOPERATIONS SINCE THE DATE OF PREPARATION OF THIS DOCUMENT.

Apartment Sales is Our Business!