525 SOUTH Avenue Waukegan, IL $ 265,000
525 SOUTH Avenue
$ 265,000
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525 SOUTH Avenue

Waukegan, IL, 60085
$ 265,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 1,830

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Multi-Family Home for sale in Waukegan, IL

for $265,000 with 4 bedrooms and 2 full baths.

Two-unit property in Waukegan featuring two units, each with 2 bedrooms, 1 full bath. Unit 1 is currently tenant occupied and Unit 2 is owner occupied. Sold as-is.Full unfinished basement provides additional storage space. No washer or dryer on the premises; a laundromat is conveniently located nearby. Conveniently located near shopping, transportation, schools, and everyday amenities. Seller prefers approximately 60 days to secure suitable housing and coordinate possession. Possession timing is negotiable and subject to agreement between the parties. Schedule your showing today.

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Multi-Family Active

Price

$ 265,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,314

Style

Town/City

Waukegan

County/Region

Lake

MLS | Web ID

12768148

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Construction Materials Vinyl Siding
Township Waukegan
Tax Year 2025
Ownership Fee Simple
County Lake
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status Active
Directions BELVIDERE AND MCALISTER S 2 SOUTH AVE W2 HOUSE
City Waukegan
High School District 60
MLS Area Park City / Waukegan
Tax Annual Amount 6314
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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Exterior
Parking Features Yes
Water Source Public
Total Parking 4
Lot Dimensions 48X171
Waterfront Y/N N
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* Excluded Features
List By
Homesmart Connect

Broker

mcos99@yahoo.com;marina@exactrealtychicago.com

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Affordability Calculator

$2,356
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,830
Monthly Property Taxes
$526
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
567103 Elementary School
564562 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/24/2026$265,000 Listed Price

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525 SOUTH Avenue, Waukegan, IL, 60085 is a Multi-Family Home for sale at $265,000. 525 SOUTH Avenue has 4 bedrooms and 2.0 baths. The property's zip code is 60085 which is in Waukegan, IL