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Waukegan, IL Residential Income Properties for Lease

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Cozy Apartment in Waukegan
$1,425 / Mo

Cozy Apartment in Waukegan

714 Helmholz Ave, Waukegan, IL 60085

Two-bedroom, one-bath apartment with functional kitchen and natural light.

  • Move‑in ready condition.
  • Two bedrooms.
  • Convenient location close to schools, shopping, and public transportation.
  • Functional kitchen.
  • Plenty of natural light.
Updated: Oct 25, 2025
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Updated 3-Bedroom Unit in Waukegan
$2,100 / Mo
1,500 SF

Updated 3-Bedroom Unit in Waukegan

25 Keller Ave, Waukegan, IL 60085

Updated 3-bedroom, 1-bath unit with garage parking in Waukegan.

  • Updated kitchen with BRAND‑NEW appliances
  • Garage parking included
  • In‑unit laundry for your convenience
  • Hardwood floors in living area
  • 2 spacious bedrooms with ample closet space
Updated: Aug 9, 2025
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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 2 Active listings in Waukegan, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 9 Properties for Sales.

Explore Residential income properties for Lease in Nearby Cities

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

Mixed-Use Retail and Residential Destination
Contact for pricing
3,520 SF

Mixed-Use Retail and Residential Destination

Open-air shopping, dining, and luxury apartments near I-94.

913 N Milwaukee Ave, Vernon Hills, IL 60061
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First Floor Condo Near Park
$2,000 / Mo
948 SF

First Floor Condo Near Park

Condo near Big Bear Lake Park, shopping, and transportation.

11 Parkside Ct, Vernon Hills, IL 60061
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Retail Space with Parking
Contact for pricing
30,000 SF

Retail Space with Parking

Retail space with proposed parking and residential development.

2600 Waukegan Rd, Deerfield, IL 60015
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Downtown Deerfield Luxury Apartment
$2,847 / Mo

Downtown Deerfield Luxury Apartment

Luxury 1 BR apartment with terrace in downtown Deerfield.

625 Deerfield Rd, Deerfield, IL 60015
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Explore Similar Spaces for Sale in Waukegan, IL

Consider Similar Space for Sale. We found 9 Spaces in Nearby Locations matching your search parameters.

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
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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 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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Two Homes on One Lot
$239,900
0.11 Acres

Two Homes on One Lot

Unique investment opportunity with two homes on one lot.

515 May 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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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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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 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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Mixed-Use Property in Waukegan
$699,000

Mixed-Use Property in Waukegan

Mixed-use property with retail, residential, and office spaces.

2864 Washington St, Waukegan, IL 60085
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Waukegan, IL Residential income properties Leasing Opportunities Market Analysis

Explore Residential income properties leasing options in Waukegan, IL with 11 listings featured on our commercial real estate exchange. The current inventory includes 65,340,000 square feet of properties with an estimated lease value of $16 SF/Yr.

Estimated lease rates for Residential income properties in Waukegan, IL begin at $16 SF/Yr, with an average of $16 SF/Yr and extend to $16 SF/Yr.
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