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Updated Two-Flat Duplex
For Sale
Under Contract
$330,000

2511 Western Avenue, Waukegan, IL 60087

Residential Income, Waukegan, IL

Property SizeContact for details
Lot Size0.13 Acres
Days on Market92

Property Features for 2511 Western Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 2, Bedroom 4, Basement, Bathroom 2, Bedroom 1, Bathroom 1
Parking 4
Parking features Driveway, Owned
Patio and Porch features Deck
Basement Unfinished, Full
High school Waukegan High School
Elementary school district 60
Middle school district 60
High school district 60
Directions N Lewis E on Sunset to N to Western to House
Subdivision Park City / Waukegan
Standard status Active Under Contract
APN 08091020100000
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6979

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas

Amenities

laundry hookups

Building Details

Year built 1977
Building materials Aluminum Siding
Roof type Asphalt
Architectural style Other
Listing Agency: RE/MAX Plaza · RE/MAX International
Listed By: Gregory Klemstein
Added: May 21 Changed: Aug 20 Last Checked: Aug 20 at 2:06PM
MLS# 12655270

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.

Investment Insights

Based on property information with market context.

This two-unit residential property, built in 1977, offers a practical layout with two bedrooms and one full bathroom in each apartment. Both units are rented. Interior updates include newer luxury vinyl flooring, while the shared full basement provides laundry hookups. The exterior includes aluminum siding, an asphalt roof, a deck, and private driveway parking.

Major building improvements include replacement hot water heaters in 2022, newer furnaces installed in 2024, and a new roof completed in 2025. The property is served by public sewer and natural gas forced-air heating. Western Tot Lot is directly across the street, with access to a nearby bike path. The property is located in Waukegan, Illinois, within ZIP Code 60087.

Key Highlights

  • Two‑unit property with 2 bedrooms and 1 full bathroom per unit
  • Both apartments are currently rented
  • New roof completed in 2025

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Building Supply Gym & Fitness Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby

Demographics for 60087, IL

28,207
Population
10,047
Households
2.8
Avg Household Size
36
Median Age
18%
College-Educated
77%
High-School Grad
13.0 sq mi
ZIP Area
2,170
Density / Sq Mi
$79,162
Median Household Income
$38,929
Median Earnings
$1,294
Median Rent
$185,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Rented duplex with refreshed interiors, basement laundry hookups, driveway parking, and significant recent improvements.
Where is this duplex located?
The property is located at 2511 Western Avenue Waukegan, IL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Two‑unit property with 2 bedrooms and 1 full bathroom per unit; Both apartments are currently rented; New roof completed in 2025
More about this property
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