724 10th Street Waukegan, IL $ 329,975
724 10th Street
$ 329,975
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724 10th Street

Waukegan, IL, 60085
$ 329,975
Bedrooms3 Baths0.0

Monthly Estimate*

$ 2,059

724 10th Street, Waukegan, IL 60085 - Image 1
724 10th Street, Waukegan, IL 60085 - Image 2
724 10th Street, Waukegan, IL 60085 - Image 3
724 10th Street, Waukegan, IL 60085 - Image 4
724 10th Street, Waukegan, IL 60085 - Image 5
724 10th Street, Waukegan, IL 60085 - Image 6
724 10th Street, Waukegan, IL 60085 - Image 7

Multi-Family Home for sale in Waukegan, IL

for $329,975 with 3 bedrooms. This home was built in 1910 on a lot size of 0.077479.

724 & 720 10th Street have separate PIN numbers & are being sold together. 724 10th Street offers Five Units with Four 2 bedroom apartments & One 1 bedroom apartment with a full basement sitting on a 25 X 135 lot. All electric & gas are separate, electric updated and to code. 720 10th Street is a 50 X 135 paved lot being used by tenants of 724 10th Street for parking. Long Term Tenants are on Month to month. Rental income potential is higher than current rents. This property offers a positive cash flow for any investor looking for a long term investment.

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Multi-Family Contingent

Price

$ 329,975

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 8,043

Style

Lot Size

0.077479

Year Built

1910

Town/City

Waukegan

County/Region

Lake

MLS | Web ID

12474101

Features
General
Utilities Sewer Connected Water Available
Possession Closing
Zoning MULTI
Construction Materials Wood Vinyl Siding
Year Built 1910
Stories Count 2
Township Waukegan
Tax Year 2024
Gross Income 45600
County Lake
Net Operating Income 31236
Operating Expense 14364
Insurance Expense 1800
Property Type Commercial Sale Multi Family 5+
Contingency Attorney/Inspection
MaintenanceExpense 500
Status Contingent
Directions Greenbay Rd & Belvidere S to 10th St E to address
City Waukegan
Number Of Units Total 5
MLS Area Park City / Waukegan
Lot Size Square Feet 3375
Tax Annual Amount 8043.74
Electric Expense 480
Fuel Expense 900
Trash Expense 1200
Water Sewer Expense 1440
Additional Parcels Y/N Y
Standard Status Active Under Contract
Cap Rate 0.14
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Exterior
Water Source Municipal Water
Lot Dimensions 25 X 135
Frontage Type City Street
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* Excluded Features
List By
Re/Max Plaza

Broker

wsimpson08@yahoo.com

Email

Affordability Calculator

$2,729
Per Month
75%
25%
0%
Monthly Principal & Interest
$2,059
Monthly Property Taxes
$670
Monthly 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/20/2025$329,975 Listed Price

Map


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724 10th Street, Waukegan, IL, 60085 is a Multi-Family Home for sale at $329,975 with a lot size of 0.077479. 724 10th Street has 3 bedrooms, 0.0 baths, and was built in 1910. The property's zip code is 60085 which is in Waukegan, IL