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    613 Washington St Waukegan, IL 60085

    Under Contract
    For Sale
    $320,000

    Residential Income - Waukegan, IL

    Lot size:
    0.08 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 6 at 8:06 pm

    Property Features for 613 Washington St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    08213120070000
    Parking
    4
    Exterior features
    Fencing
    Fencing
    Fenced
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1901
    Architectural style
    Other

    Home Sweet Home Ryan Realty (847) 221-8150 [email protected]

    Listing agent Lisa Principato (847) 221-8150 License #475122570

    Listing date Oct 24, 2025

    MLS# 12498440 Listing URL

    Copyright © 2025 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 Four-Unit Income Property

    This well-maintained four-unit building is located in Waukegan. It is suitable as an investment property or for owner-occupancy. All units are currently rented and feature tile and wood laminate floors, dark cherry-colored kitchen cabinetry, and neutral-colored walls. The kitchens are equipped with white gas stoves and refrigerators. Units #1 and #3 have tubs in the full bathrooms, while units #2 and #4 have showers. Tenant's pay for their own electricity, while the owner is responsible for all other utilities. A full basement is currently used by the owner as the building's utility room. The property is situated on a 0.08-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waukegan
    County
    Lake
    State
    Illinois
    Longitude
    -87.8392597
    Latitude
    42.3593813

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-unit building in Waukegan, ideal for investment or owner-occupancy.
    Where is this quadplex located?
    The property is located at 613 Washington St Waukegan, IL.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: - High-demand rental property in a desirable location, ensuring easy tenant placement.; - Well-maintained 4-unit building suitable for investors or owner-occupants.; - All units are currently rented, providing immediate income.
    (847) 221-8150
    Request Owner's contact information
    613 Washington St Waukegan, IL 60085
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    Waukegan, IL 60085
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    613 Washington St Waukegan, IL 60085
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