2511 Western Avenue Waukegan, IL $ 330,000
2511 Western Avenue
$ 330,000
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2511 Western Avenue

Waukegan, IL, 60087
$ 330,000
Bedrooms4 Baths2.0 Sq 1,934

Monthly Estimate*

$ 2,032

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Multi-Family Home for sale in Waukegan, IL

for $330,000 with 4 bedrooms and 2 full baths. This 1,934 square foot home was built in 1977 on a lot size of 0.13.

GREAT OPPORTUNITY TO OWN AN UPDATED 2-FLAT IN NORTHERN WAUKEGAN! Both units are currently rented, making this a great investment opportunity! Each unit features 2 bedrooms and 1 full bathroom, along with newer luxury vinyl flooring throughout. The property also offers a shared full basement with laundry hookups, private driveway parking, and several major updates already completed, including both hot water heaters replaced in 2022, newer furnaces in 2024, and a new roof in 2025. Located across from Western Tot Lot and close to the bike path, this property offers convenience, updates, and steady rental income potential. A must-see investment property!

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Multi-Family Active

Price

$ 330,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,978

Style

Traditional

Lot Size

0.13

Year Built

1977

Town/City

Waukegan

County/Region

Lake

MLS | Web ID

12655270

Features
Exterior
Model 2-Flat
Parking Features Driveway Yes Owned
Water Source Lake Michigan
Total Parking 4
Foundation Details Concrete Perimeter
Lot Dimensions 50 x 115 X 50 X 115
Lot Size Acres 0.13
Waterfront Y/N N
Other Equipment Sump Pump
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General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt
Zoning MULTI
Architectural Style Traditional
Construction Materials Aluminum Siding
Year Built 1977
Township Waukegan
Tax Year 2025
Ownership Fee Simple
Gross Income 27600
County Lake
New Construction N
Property Type Residential Income Two to Four Units
Other Structures None
Total Rooms 8
Status New
Directions N Lewis E on Sunset to N to Western to House
High School Waukegan High School
City Waukegan
High School District 60
MLS Area Park City / Waukegan
Tax Annual Amount 6978.5
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 60
Elementary School District 60
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Interior
Basement Unfinished Full
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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* Excluded Features
List By
Re/Max Plaza

Broker

greg@gregklemstein.com

Email

Affordability Calculator

$2,613
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,032
Monthly Property Taxes
$582
Monthly 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
567103 Elementary School
564562 Middle School
Waukegan High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2026$330,000 Listed Price

Map


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2511 Western Avenue, Waukegan, IL, 60087 is a Multi-Family Home for sale at $330,000 with 1,934 sqft and a lot size of 0.13. 2511 Western Avenue has 4 bedrooms, 2.0 baths, and was built in 1977. The property's zip code is 60087 which is in Waukegan, IL