505 Lorraine Avenue Waukegan, IL ^$ 279,900

505 Lorraine Avenue

^$ 279,900

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Recently Listed

505 Lorraine Avenue

Waukegan, IL, 60085

^$ 279,900

Bedrooms3 Baths1.0 Sq 1,048

Monthly Estimate*

^$ 1,723

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Single Family Home for sale in Waukegan, IL

for $279,900 with 3 bedrooms and 1 full bath. This 1,048 square foot home was built in 1948.

Move-in ready 3 bedroom & 1 bathroom cape cod. Main floor has hardwood floors throughout most of the rooms including the living room & 2 bedrooms. Eat-in kitchen. 1st floor full bath. 2nd floor private 3rd bedroom with hardwood floors & 2 closets. All bedrooms have ceiling fans.Large basement family room with bar. Basement utility room with washer & dryer. Private back yard with extra-large 2-car heated garage off rear alley. Come visit your new home today!

Single Family Active

Price

^$ 279,900

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,604

Style

Cape Cod

Year Built

1948

Town/City

Waukegan

County/Region

Lake

MLS | Web ID

12538268

Features

General

Living Area 1048

Sewer Public Sewer

Heating Natural Gas Forced Air

Cooling Central Air

Possession Closing

Appliances Range Microwave Refrigerator Washer Dryer

Garage Spaces 2

Association Fee Includes None

Architectural Style Cape Cod

Construction Materials Aluminum Siding

Year Built 1948

Township Waukegan

Tax Year 2024

Ownership Fee Simple

Assoc Fee Paid Per Not Applicable

County Lake

New Construction N

Property Type Residential Detached Single

Subdivision Name Lorraine Terrace

Total Rooms 6

Full Baths 1

Status Active

Directions Lewis & Lydia East to Lorraine South to Address

High School Waukegan High School

City Waukegan

High School District 60

MLS Area Park City / Waukegan

Elementary School Hyde Park Elementary School

Tax Annual Amount 1604

Middle/Junior High School Miguel Juarez Middle School

Standard Status Active

Middle/Junior School District 60

Elementary School District 60

Interior

Interior Amenities 1st Floor Bedroom 1st Floor Full Bath Walk-In Closet(s)

Basement Partially Finished Full

Flooring Hardwood

Half Baths 0

Total Bedrooms 3

Below Grade Finished Area 374

Room Type Utility Room-Lower Level

Total Baths 1

Bedrooms Possible 3

Exterior

Parking Features Off Alley Heated Garage Yes Garage Owned Detached Garage

Water Source Public

Total Parking 2

Lot Dimensions 5750

Waterfront Y/N N

* Excluded Features

List By

Chase Real Estate Llc

Broker

mike.bodden@mychaseagent.com

Affordability Calculator

$1,857

Per Month

Monthly Principal & Interest: $1,723
Monthly Property Taxes: $134
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Single family listings in Waukegan, IL

Average List Price ^$268,013

Percent of Sale Price 4%

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.

5352027 Elementary School

2207784 Middle School

Waukegan High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/6/2026	$279,900		Listed Price

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505 Lorraine Avenue, Waukegan, IL, 60085 is a Single Family Home for sale at $279,900 with 1,048 sqft. 505 Lorraine Avenue has 3 bedrooms, 1.0 baths, and was built in 1948. 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 6.25% 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 1/11/2026.

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505 Lorraine Avenue

Single Family Home for sale in Waukegan, IL

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