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1102 North Avenue Waukegan, IL 60085 Multi Unit - Multiple Active

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Description

Excellent Investment Opportunity or Owner-Occupant Duplex in a Convenient Waukegan Location! Welcome to this well-maintained two-story, income-producing property situated on a desirable corner lot in the heart of Waukegan. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this versatile property offers exceptional value and endless possibilities. The first-floor unit features 2 spacious bedrooms, a bright living room, a large family room, an eat-in kitchen, and a full bathroom, providing a comfortable and functional layout. The second-floor unit offers 2 bedrooms, a full bathroom, a sun-filled living room, a kitchen, and a charming enclosed sunroom that adds additional living space and natural light. Recent improvements include brand-new flooring throughout both units and every level, fresh interior paint, and a new roof on the detached two-car garage, making this property move-in ready while minimizing future maintenance.The full basement offers a shared laundry area and abundant storage space. Outside, you'll appreciate the fenced backyard, mature landscaping, and detached two-car garage, providing plenty of outdoor space for tenants or owners to enjoy. Conveniently located near Downtown Waukegan, Lake Michigan, Waukegan Harbor, Genesee Theatre, parks, shopping, restaurants, public transportation, and the Metra Union Pacific North Line, this home also offers easy access to Green Bay Road, IL-137, and I-94, making commuting to Chicago or Wisconsin simple. The area continues to benefit from ongoing redevelopment and community investment, adding long-term value and appeal. Please do not disturb the tenants. Showings are available by appointment only. A current mortgage pre-approval or proof of funds is required before a showing can be confirmed.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: Lake
Listed By:
Exit Realty Redefined 773-250-7410
MRED MLS
$324,900
Est. $2,152/mo
4beds
2baths
2cars
New to the Market Active
BEDS4 BATHS2 full MLS#12697534
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 60

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1102 North Avenue, Waukegan, IL 60085.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $324,900$324,900$324,900
Down Payment $64,980$11,372$81,225
Monthly Mortgage Amount $1,600$1,964$2,007
Taxes $452$452$452
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$143$0
Monthly Estimated Total $2,152$2,659$2,559

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