Two-Unit Duplex with Fenced
New
For Sale
$220,000
242 S Victory Street, Waukegan, IL 60085
Residential Income, Waukegan, IL
Property SizeContact for details
Lot Size0.15 Acres
Days on Market3
Property Features for 242 S Victory Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2
Parking
6
Parking features
Driveway, Owned
Window features
Screens
Fencing
Fenced
Basement
Partial
Elementary school district
60
Middle school district
60
High school district
60
Directions
242 S Victory Ave , Waukegan, IL 60085
Subdivision
Park City / Waukegan
Standard status
Active
APN
08281020310000
Lot size
0.15 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5213
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
off-street parking
partially fenced yard
Building Details
Year built
1910
Building materials
Aluminum Siding, Vinyl Siding, Steel Siding
Roof type
Asphalt
Architectural style
Colonial
Listing Agency:
Century 21 Circle · Century 21 Real Estate
Listed By:
Maureen Solache · License #475137216
(847) 336-7333
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 5:06PM
MLS# 12798043
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.
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Investment Insights
Based on property information with market context.
This 1910-built duplex contains two three-bedroom, one-bathroom residences, both currently rented. The property has a newer roof and newer water heaters, along with a partially fenced yard and driveway parking. Public water and sewer serve the site, which is zoned MULTI.
The parcel measures 0.15 acres in Waukegan, Illinois.
The parcel measures 0.15 acres in Waukegan, Illinois.
Key Highlights
- Two rented units, each with 3 bedrooms and 1 bathroom
- Newer roof and water heaters
- 0.15‑acre parcel
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
881
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are rented, with off-street parking and a partially fenced yard.
Where is this duplex located?
The property is located at 242 S Victory Street Waukegan, IL.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Two rented units, each with 3 bedrooms and 1 bathroom; Newer roof and water heaters; 0.15‑acre parcel
