706 Martin Luther King Drive Waukegan, IL ^$ 259,000

706 Martin Luther King Drive

^$ 259,000

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706 Martin Luther King Drive

Waukegan, IL, 60085

^$ 259,000

Bedrooms6 Baths2.0

Monthly Estimate*

^$ 1,616

706 Martin Luther King Drive, Waukegan, IL 60085 - Image 1

706 Martin Luther King Drive, Waukegan, IL 60085 - Image 2

706 Martin Luther King Drive, Waukegan, IL 60085 - Image 3

706 Martin Luther King Drive, Waukegan, IL 60085 - Image 4

706 Martin Luther King Drive, Waukegan, IL 60085 - Image 5

706 Martin Luther King Drive, Waukegan, IL 60085 - Image 6

706 Martin Luther King Drive, Waukegan, IL 60085 - Image 7

706 Martin Luther King Drive, Waukegan, IL 60085 - Image 8

Multi-Family Home for sale in Waukegan, IL

for $259,000 with 6 bedrooms and 2 full baths.

EXCELLENT 2-Flat Opportunity! Don't miss this versatile property-perfect for owner-occupants or investors. The upstairs unit has just been vacated and fully renovated, making it move-in ready or ideal for a new tenant. Recent updates include a new water heater, new roof, and new stainless steel appliances. Enjoy the large fenced backyard-great for entertaining, pets, or gardening. Property is being sold AS-IS.

Multi-Family Contingent

Price

^$ 259,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,311

Style

Town/City

Waukegan

County/Region

Lake

MLS | Web ID

12449570

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Construction Materials Aluminum Siding

Township Waukegan

Tax Year 2024

Ownership Fee Simple

County Lake

New Construction N

Property Type Residential Income Two to Four Units

Contingency Financing

Total Rooms 10

Status Contingent

Directions Take MLK to the Address

City Waukegan

High School District 60

MLS Area Park City / Waukegan

Tax Annual Amount 5311.28

Standard Status Active Under Contract

Middle/Junior School District 60

Elementary School District 60

Interior

Basement Unfinished Full

Total Bedrooms 6

Total Baths 2

Bedrooms Possible 6

Full Baths Building 2

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features On Site

Water Source Lake Michigan

Total Parking 4

Lot Dimensions 6504

Waterfront Y/N N

* Excluded Features

List By

Prs Realty Llc

Broker

prsbrokerage@gmail.com

Affordability Calculator

$2,058

Per Month

Monthly Principal & Interest: $1,616
Monthly Property Taxes: $443
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Waukegan, IL

Average List Price ^$274,990

Percent of Sale Price 6%

About Waukegan, IL

89,653 Population

1% Since 2002

^$47,241 Median Income

33.6 Median Age

41% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

567103 Elementary School

564562 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/4/2025	$259,000	-3.72%	Price Down
8/18/2025	$269,000		Listed Price

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706 Martin Luther King Drive, Waukegan, IL, 60085 is a Multi-Family Home for sale at $259,000. 706 Martin Luther King Drive has 6 bedrooms and 2.0 baths. The property's zip code is 60085 which is in Waukegan, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/11/2025.

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706 Martin Luther King Drive

Multi-Family Home for sale in Waukegan, IL

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