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    Mixed-Use Property in Waukegan, IL
    Updated: Sep 20, 2025
    Mixed-Use Property in Waukegan, IL

    726 10th Street, Waukegan, IL 60085

    $283,975
    1,740 sqft · 0.08 AC lot
    Mixed‑use property with retail storefront and residential apartments provides immediate income potential.
    High‑traffic corner lot location in a business district offers excellent visibility and customer access.
    Retail storefront is suitable for various businesses.
    Solid brick construction ensures durability and low maintenance.
    Includes a 2‑car attached garage and full basement for ample storage.
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    This listing looks promising.

    Here's a quick look at some key insights for

    726 10th Street, Waukegan, IL 60085

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $18K
      Annual

    • Price @ 7% Cap

      $257K
      Suggested

    • Last Sold

      Sep 1994
      $175K

    • Property Type

      Retail Stores
      Built 1950
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    Lakefront Tavern and Apartment Property
    Updated: Jun 6
    Lakefront Tavern and Apartment Property

    137-139 Arthur Avenue, Fox Lake, IL 60020

    $579,000
    0.31 AC lot
    Approx. 80' of lake frontage on Nippersink Lake on the Chain with piers and lakefront views
    Former tavern plus 3 buildings on the property with a deck, located at the corner of Arthur and Cathryn
    Includes 7 residential apartments on the water; property is currently completely vacant
    Cooling: window unit(s); utilities: natural gas available; roof: composition
    Road easement runs through the property; possible gaming machines may be possible
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    Lakefront Multifamily Property
    Lakefront Multifamily Property

    26198 W Spring Grove Road, Antioch, IL 60002

    $895,000
    0.45 AC lot

    Eight-unit income property with direct lakefront frontage and tenant-paid utilities, offering a mix of unit sizes and established occupancy.

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    Bar and Apartment on Corner
    Bar and Apartment on Corner

    35480 N Fairfield Road, Round Lake, IL 60073

    $699,000
    0.36 AC lot

    Established bar with pool tables and video gaming plus an on-site 2-bedroom apartment generating rental income.

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    Highway 12 Investment Opportunity
    Highway 12 Investment Opportunity

    21 S US Highway 12, Fox Lake, IL 60020

    $399,900
    440 sqft · 0.34 AC lot

    Four-unit building on Highway 12, ideal for investors.

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    Two-Home Residential Income Property
    Two-Home Residential Income Property

    11471 W Leland Avenue, Beach Park, IL 60099

    $395,000
    0.67 AC lot

    Two separate homes on one lot, including a renovated main residence and a furnished second home updated for short-term rental use.

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    Side-by-Side Ranch Duplex
    Side-by-Side Ranch Duplex

    803 Pine Grove Avenue, Gurnee, IL 60031

    $410,000
    0.24 AC lot

    A two-unit ranch duplex with updated flooring, private yards, garages, and separate basements.

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    Two-Unit Duplex with Updated Interior
    Two-Unit Duplex with Updated Interior

    143 N Butrick Street, Waukegan, IL 60085

    $330,000
    0.11 AC lot

    Turn-key duplex offers two 2-bedroom units, with recent first-floor updates and tenant-paid gas and electric.

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    North Chicago Multifamily Investment Opportunity
    North Chicago Multifamily Investment Opportunity

    822 11th Street, North Chicago, IL 60064

    $219,000
    0.13 AC lot

    Two-unit property with reliable tenants and recent rehab.

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    Two-Home Residential Income Property
    Two-Home Residential Income Property

    11471 W Leland Avenue, Beach Park, IL 60099

    $404,900
    0.67 AC lot

    Two separate homes on one lot provide flexible living and rental options, with a furnished second home updated in 2022–2023.

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    Two-Unit Duplex with Tenant-Occupied Unit
    Two-Unit Duplex with Tenant-Occupied Unit

    418 Lawn Court, Waukegan, IL 60085

    $309,900

    Spacious two-unit duplex with a tenant-occupied one-bedroom unit and an owner-ready main home.

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    Two-Unit Duplex with Separate Entrances
    Two-Unit Duplex with Separate Entrances

    2100 Western Avenue, Waukegan, IL 60087

    $394,900

    Well-maintained 2-unit duplex with separate utilities and entrances, offering flexible owner-occupant or rental use.

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    Two-Unit Duplex with Full Basement
    Two-Unit Duplex with Full Basement

    1015 Glenn Drive, North Chicago, IL 60064

    $214,900
    0.13 AC lot

    Two-unit duplex near major commuter routes with separate utilities and a full basement for storage and utility access.

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    Two-Unit Duplex with Separate Utilities
    Two-Unit Duplex with Separate Utilities

    1828-1826 Horeb Avenue, Zion, IL 60099

    $264,000

    Recently rehabbed two-unit home with separate utilities, plus a large garage suited for parking and extra storage needs.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    1919 16th Street, North Chicago, IL 60064

    $250,000
    0.14 AC lot

    Duplex with separate entrances, two-bedroom units, and a finished basement offering additional living space.

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    Updated Waukegan Two-Flat Investment Property
    Updated Waukegan Two-Flat Investment Property

    2511 Western Avenue, Waukegan, IL 60087

    $330,000
    0.13 AC lot

    Updated two-flat in Waukegan with rental income potential.

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    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    706 BROADWAY Avenue, North Chicago, IL 60064

    $246,900
    0.07 AC lot

    Well-laid two-unit property with separate utilities, two furnaces, and an unfinished basement for storage.

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    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    33125 N US Highway 45, Grayslake, IL 60030

    $495,900
    0.29 AC lot

    Located on US Highway 45 with five storefront/office spaces and an upstairs apartment plus parking for about 10–12 vehicles.

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    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    1025 Lincoln Street, North Chicago, IL 60064

    $279,900
    0.15 AC lot

    Two-unit income property with finished attic and basement space, four full baths, and a fenced yard with detached parking.

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    Versatile Commercial Property on Route 59
    Versatile Commercial Property on Route 59

    37733 N IL Route 59, Lake Villa, IL 60046

    $487,400
    2.16 AC lot

    Mixed-use property with commercial zoning and residential potential.

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    Two-Story Mixed-Use Downtown Property
    Two-Story Mixed-Use Downtown Property

    600-616 Laurel Ave., Highland Park, IL 60035

    $1,950,000
    13,568 sqft

    Two-story mixed-use building with recently rehabbed office and apartment space and extensive recent building upgrades.

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    Brick Ranch Duplex
    Brick Ranch Duplex

    2406 Pearsall Parkway, Waukegan, IL 60085

    $429,000
    0.26 AC lot

    Side-by-side ranch duplex with two fenced private yards, basements, central air, and tenant-paid utilities.

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    Updated Two-Flat Residential Income
    Updated Two-Flat Residential Income

    544 N Central Avenue, Highwood, IL 60040

    $679,000

    Turnkey two-unit property with updated interiors, in-unit laundry, and separate entrances, plus a detached two-car garage.

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    Spacious North Chicago Two-Flat Home
    Spacious North Chicago Two-Flat Home

    1617 Grove Avenue, North Chicago, IL 60064

    Contact for pricing
    2,246 sqft · 0.28 AC lot

    Two-unit property near schools, shopping, and highways, ideal for investors.

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    Lake County, IL Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Lake County, IL, showcased through 36 active listings on our real estate platform. These investment opportunities span a total of 37,923 square feet of properties for sale, with an estimated market value of $10,187,875.

    Sale prices for residential income properties in Lake County, IL start at $283,975, averaging $1,455,410, and reaching up to $5,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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