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    Waukegan, IL Multifamily Properties for Sale

    8 results
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    Waukegan Two-Unit Income Property
    $260,000
    0.12 Acres

    Waukegan Two-Unit Income Property

    832 Lenox Ave, Waukegan, IL 60085

    Two-unit building with income potential in Waukegan, Illinois.

    • Two‑unit building with income potential.
    • Strong layout with two bedrooms in each unit.
    • Enclosed porch space adds usable square footage to each unit.
    • Unfinished basement offers storage or future improvement potential.
    • Built in 1920 with solid construction.
    Updated: Jan 14
    View details
    Two Homes on One Lot
    $239,900
    0.11 Acres

    Two Homes on One Lot

    515 May St, Waukegan, IL 60085

    Unique investment opportunity with two homes on one lot.

    • Two homes on one lot: Ideal for investors or owner‑occupants seeking rental income or multi‑generational living.
    • Immediate rental income potential from the tenant‑occupied second home.
    • Main home features 3 bedrooms, 1.5 bathrooms, spacious living areas, and a full basement.
    • Second home offers 2 bedrooms and 1 bathroom.
    • New roof & siding (2025) on the main home.
    Updated: Jan 9
    View details
    Waukegan Two-Unit Property For Sale
    $260,000
    0.17 Acres

    Waukegan Two-Unit Property For Sale

    Well-maintained two-unit property with a detached two-car garage.

    920 Adams St, Waukegan, IL 60085
    View details
    Multifamily Property with Parking Lot
    $329,975
    0.08 Acres

    Multifamily Property with Parking Lot

    Multifamily property with five units and parking lot.

    724 10Th St, Waukegan, IL 60085
    View details
    Mixed-Use Property in Business District
    $283,975
    0.08 Acres

    Mixed-Use Property in Business District

    Mixed-use property with retail storefront and apartments in Waukegan.

    726 10Th St, Waukegan, IL 60085
    View details
    Mixed-Use Building in Waukegan
    $449,900
    0.15 Acres

    Mixed-Use Building in Waukegan

    Mixed-use brick building with restaurant and apartments in Waukegan.

    818 10Th St, Waukegan, IL 60085
    View details
    Waukegan Residential Income Opportunity
    $309,900

    Waukegan Residential Income Opportunity

    Two-unit property with spacious units and garage on corner lot.

    1525 North Ave, Waukegan, IL 60085
    View details
    Waukegan Residential Income Property
    $325,000

    Waukegan Residential Income Property

    Well-maintained two-unit residential income property in Waukegan, Illinois.

    600 Sunderlin St, Waukegan, IL 60085
    View details
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 8 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    North Chicago Residential Income Property
    $269,900
    0.15 Acres

    North Chicago Residential Income Property

    Two-unit property with finished attic and basement, fenced yard.

    1025 Lincoln St, North Chicago, IL 60064
    View details
    North Chicago Four-Unit Apartment Building
    Contact for pricing

    North Chicago Four-Unit Apartment Building

    Four-unit apartment building in North Chicago, ideal for investors.

    417 10Th St, North Chicago, IL 60064
    View details
    Well-Maintained Duplex on Corner Lot
    $250,000

    Well-Maintained Duplex on Corner Lot

    Solid brick duplex, ideal for investors or owner-occupants.

    3244 Elisha Ave, Zion, IL 60099
    View details
    Zion Multifamily Investment Opportunity
    $269,900
    0.20 Acres

    Zion Multifamily Investment Opportunity

    Two-unit property near Illinois Beach State Park and downtown Zion.

    3013 Elim Ave, Zion, IL 60099
    View details

    Explore Off-Market Properties in Waukegan, IL

    Consider similar Off-Market properties in Waukegan, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2116 Williamsburg Dr

    2116 Williamsburg Dr

    Multifamily properties
    Value Estimation by Request
    2116 Williamsburg Dr, Waukegan, IL 60085
    View details
    11 Genesee St

    11 Genesee St

    Restaurants • 8,120 SF
    Value Estimation by Request
    11 Genesee St, Waukegan, IL 60085
    View details
    3149 Jeanette Ave

    3149 Jeanette Ave

    MOBILE HOME PARK, TRAILER PARK • 1,140 SF
    Value Estimation by Request
    3149 Jeanette Ave, Waukegan, IL 60085
    View details

    Waukegan, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 11 multifamily properties for sale in Waukegan, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 30,928 square feet of properties for sale, with an estimated market value of $1,823,750.

    Prices for multifamily properties in Waukegan, IL start at $239,900, averaging $303,958, and reaching up to $449,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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