326 S Martin Luther King Jr Avenue Waukegan, IL
$ 155,900
Property Attributes
  • MLS#10753507
  • TypeMulti-Family
  • CountyLAKE
  • CityWaukegan
  • AreaPark City - Waukegan
  • NeighborhoodWaukegan Downtown
  • Zip60085
  • Style
  • Year Built1901
  • Taxes1778
  • Price$ 155,900
  • Bedrooms7
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size3,920 SqFt
Listing Provided Courtesy Of:
Enterprise Realty Brokers Inc
Property Description

GREAT INVESTMENT opportunity knocks. 2-flt in good condition and with good cash flow. First unit is a 3bdrm, 1 bath, with nice open floorplan and in good condition. Long term tenant in that unit is paying $700/month. 2nd floor has been recently painted and is ready to accept new tenants. 2nd floor unit is a 4bdrm, 1 bath unit with a large kitchen. Owner used to collect $800 per month on that unit. Unit is currently vacant. Tenants pay utilities. Separate electric and HVAC. No AC unit. One water heater is newer and installed in 2014. Building is in good condition but sold AS-IS. Driveway is shared with the neighbor. Any investor will appreciate 9% CAP Rate.

Price History
6/19/2020 Listed $159,900
9/2/2020 3% - $155,900

General Features

Heating Natural Gas, Electric
New Construction No
Parking Features Side Apron
Property Type Two to Four Units
Property Type Residential Income
Sewer Public Sewer
Standard Status Active
Zoning MULTI

Interior Features

Basement Unfinished
Bedroomspossible 7
Full Baths Building 2
Full Baths Unit 1 1
Full Baths Unit 2 1
Total Baths 2
Total Bedrooms 7

Exterior Features

Exterior Aluminum Siding
Lot Dimensions 33 X 132
Total Parking 2
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60085

AVG $180K
AVG $5,182
AVG 23
Year Built
AVG 1923
AVG 60
Data Provided by Walkscore ® not using MLS data

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