Fully Occupied Multifamily
For Sale
Contact for pricing
242 S Victory St, Waukegan, IL 60085
Four fully occupied residential income properties sold as a package with separate gas and electric for each unit.
Property SizeContact for details
Days on Market122
Property Features for 242 S Victory St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
8
Listing Agency:
Callahan Blandings & Schap
(224) 730-1953
Listed By:
Nick Nicketakis · License #IL 471016615
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 7:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Callahan Blandings & Schap
Investment Insights
Based on property information with market context.
This listing includes four separate residential income properties sold together as a package. Each unit has its own stove and refrigerator, with separate gas and electric service. The portfolio consists of 242 S. Victory (one 2–3 bedroom, 1-bath unit with parking), 114 S. Elmwood (one 3-bedroom, 1-bath unit with a 2-car garage), 1200 N. Lewis (one 2–3 bedroom, 1-bath unit with a 2-car garage), and 517 N. Jackson (one 3-bedroom, two units including a 2-bedroom, with parking).
All units are fully occupied. Showings require 24 hours’ notice for all units. The seller also indicates the package may be combined with MLS# 09676411 (1425 10th St.) for a reduced total price of $610,000.
All units are fully occupied. Showings require 24 hours’ notice for all units. The seller also indicates the package may be combined with MLS# 09676411 (1425 10th St.) for a reduced total price of $610,000.
Key Highlights
- Package sale of 4 fully occupied residential income properties
- 1 bedroom mix at 517 N. Jackson: includes 1 x 3BR/1BA and 1 x 2BR (parking spaces included)
- 242 S. Victory: 1 x 3BR/1BA unit with parking spaces
Property Analytics
Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
491
Businesses Nearby
Explore this area
Business Placement
Demographics for 60085, IL
71,609
Population
26,781
Households
2.7
Avg Household Size
33
Median Age
19%
College-Educated
74%
High-School Grad
14.8 sq mi
ZIP Area
4,838
Density / Sq Mi
$64,330
Median Household Income
$35,645
Median Earnings
$1,133
Median Rent
$164,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Four fully occupied residential income properties sold as a package with separate gas and electric for each unit.
Where is this duplex located?
The property is located at 242 S Victory St Waukegan, IL.
What are key features of this property?
This property features: Package sale of 4 fully occupied residential income properties; 1 bedroom mix at 517 N. Jackson: includes 1 x 3BR/1BA and 1 x 2BR (parking spaces included); 242 S. Victory: 1 x 3BR/1BA unit with parking spaces
