1425 10th Street Waukegan, IL 60085
New
- Added:
- Apr 22, 2026
- Days on Market:
- 4
- Last Refresh:
- Apr 25 at 10:06 am
Property Features for 1425 10th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- COMMR
- Bedrooms
- 8
- Bathrooms
- 5
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 5, Bedroom 7, Bedroom 2, Bathroom 1, Bedroom 8, Bathroom 3, Bathroom 5, Bathroom 4, Bedroom 6, Bedroom 4, Bathroom 2
- Standard status
- Active
- APN
- 08322030030000
- Lot size
- 0.70 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8274
Building Details
- Year built
- 1935
- Floors in Building
- 2
- Number of units
- 5
Listing agent Brandon Aranda (847) 601-9359
Listing office 4 Sale Realty Advantage LLC 1365 Locust Court, Grayslake, IL (847) 601-9359
Listing date Apr 22, 2026
MLS# 12624199
Listing URL
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Waukegan Multifamily Investment Opportunity
This is a five-unit investment property located in Waukegan, Illinois. All units are currently occupied, generating a consistent monthly income of $5,700, which includes $5,425 in rents and $275 from laundry services. The current net operating income (NOI) is $44,250. The listing indicates that rents are below market value, presenting an opportunity for the new owner to increase cash flow. Major updates have been completed, including a new roof, and a boiler and water heater that are both less than 10 years old. On-site laundry facilities provide an additional income stream. Rent roll and financial documents are available.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Waukegan
- County
- Lake
- State
- Illinois
- Longitude
- -87.849639
- Latitude
- 42.340852
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Five-unit property with income and potential for increased cash flow.
Where is this apartment building located?
The property is located at 1425 10th Street Waukegan, IL.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Consistent Income: Generates $5,700/month with a NOI of $44,250.; Upside Potential: Rents are below market, offering opportunity to increase cash flow.; Recent Major Updates: **New roof**, relatively new boiler and water heater (under 10 years old) limit near‑term capital expenses.
