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Waukegan, IL Multifamily Properties for Sale

10 results
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Waukegan Two-Unit Property For Sale
$260,000
0.17 Acres

Waukegan Two-Unit Property For Sale

920 Adams St, Waukegan, IL 60085

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

  • Two identical units, ideal for owner‑occupancy with rental income or investment.
  • Two‑car detached garage.
  • Full, unfinished basement offering storage or potential for future development.
  • Each unit features two bedrooms and one full bath.
  • Built in 1903 with aluminum, vinyl, and steel siding.
Updated: Jan 7
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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 7
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Waukegan Two-Unit Income Property
$260,000
0.12 Acres

Waukegan Two-Unit Income Property

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

832 Lenox Ave, Waukegan, IL 60085
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Renovated Duplex in Quiet Neighborhood
$379,900

Renovated Duplex in Quiet Neighborhood

Vacant, renovated duplex with finished basement and large yard.

2504 9Th Pkwy, Waukegan, IL 60085
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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
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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
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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
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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
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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
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Waukegan Residential Income Opportunity
$236,000

Waukegan Residential Income Opportunity

Two-unit brick building near Lake Michigan waterfront.

1117 Judge Ave, Waukegan, IL 60085
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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 10 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
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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
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Residential Income Property in Zion
$180,000

Residential Income Property in Zion

Two-unit residential income property with detached garage in Zion, Illinois.

2609 Gilboa Ave, Zion, IL 60099
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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
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11 Genesee St

11 Genesee St

Restaurants • 8,120 SF
Value Estimation by Request
11 Genesee St, Waukegan, IL 60085
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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 13 multifamily properties for sale in Waukegan, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 21,780 square feet of properties for sale, with an estimated market value of $1,623,750.

Prices for multifamily properties in Waukegan, IL start at $239,900, averaging $324,750, 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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