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Remodeled Duplex
For Sale
$294,000

706 Martin Luther King Dr, Waukegan, IL 60085

Each residential unit has undergone remodeling, and the building is currently vacant.

Property SizeContact for details
Days on Market87

Property Features for 706 Martin Luther King Dr

General Information

Standard status Active
Property subtype Multi-Family
Listing Agency: PRS Realty LLC
Listed By: Adam Taylor · License #471005936
Source: Illianahomesource
Added: Jun 5 Changed: Aug 30 Last Checked: Aug 30 at 6:16PM

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 PRS Realty LLC

Investment Insights

Based on property information with market context.

This two-unit residential property is vacant, with renovation work completed in each unit. The building is offered in its current condition and is not eligible for FHA financing.

Key Highlights

  • Two‑unit duplex configuration
  • Currently vacant
  • Renovation work completed in both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Carpet & Flooring Store Electrical Service Catering Service Acupuncture

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

Location Intelligence

Trade Area within ½ mile

1,031
Businesses Nearby

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

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

What type of property is this?
Duplex - Each residential unit has undergone remodeling, and the building is currently vacant.
Where is this duplex located?
The property is located at 706 Martin Luther King Dr Waukegan, IL.
What is the asking price?
The asking price for this property is $294,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; Currently vacant; Renovation work completed in both units
More about this property
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