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$ 330,000
Est. payment | /mo
4 Beds
2 Baths
4,791 Sqft Lot
$ 330,000
Est. payment | /mo
4 Beds
2 Baths
4,791 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12674150
Bedrooms 4
Year Built 1930
Annual Tax Amount $5,171
Tax Year 2024
Lot Size 4,791 Sqft
Lot Dimensions 46 x 175
Property Sub-Type Two to Four Units
Property Description
Excellent investment opportunity or owner-occupant duplex in Waukegan! This well-maintained 2-unit property features two spacious units, each offering 2 bedrooms and 1 full bathroom. The first-floor unit has been recently updated with new flooring, fresh paint, an updated kitchen, and a renovated bathroom, providing a modern and attractive living space. Investors will appreciate the strong rental income, with the first-floor unit generating $1,450/month and the second-floor unit generating $1,175/month. Tenants pay their own gas and electric, helping keep operating expenses low. Major improvements have already been completed, including updated plumbing, electrical systems, and a newly redone driveway, offering peace of mind and reduced maintenance costs for years to come. Conveniently located near schools, shopping, dining, and transportation, this turnkey multi-unit property is a fantastic addition to any investment portfolio or an ideal opportunity to live in one unit while collecting rental income from the other. Don't miss this chance to own a cash-flowing property with significant updates already in place!
Location
State IL
County Lake
Area Park City / Waukegan
Rooms
Basement Unfinished, Partial
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 1.0
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 60 , 60, 60
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jeremy Schwab of HomeSmart Connect LLC
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Lenny Feil
Broker-Owner | Lic# 471005412