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Waukegan, IL Residential Income Properties for Sale

10 results
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Waukegan Multifamily Investment Opportunity
$335,000
0.21 Acres

Waukegan Multifamily Investment Opportunity

714 Glen Rock Avenue, Waukegan, IL 60085

Well-maintained four-unit building in Waukegan with immediate cash flow.

  • Immediate cash flow from fully rented units.
  • Strong upside potential due to below‑market rents.
  • Excellent tenants already in place.
  • Tenants pay their own electricity.
  • Well‑maintained 4‑unit building.
Updated: Feb 25
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Remodeled Two-Unit Property in Waukegan
$320,000
0.06 Acres

Remodeled Two-Unit Property in Waukegan

302 Cory Avenue, Waukegan, IL 60085

Move-in ready duplex, ideal for homeowners or investors.

  • Move‑in ready, fully remodeled two‑unit property - ideal for owner‑occupancy and rental income.
  • Each unit is 1250 sq ft and vacant, allowing for immediate occupancy or rental.
  • Updated kitchens and beautifully remodeled bathrooms in both units.
  • Each unit features 2 bedrooms, 1 bathroom, dining room, living room, and sunroom.
  • Ample storage space with a basement and attic.
Updated: Feb 19
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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 Avenue, Waukegan, IL 60085
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Waukegan Two-Unit Building For Sale
$240,000
0.12 Acres

Waukegan Two-Unit Building For Sale

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

832 Lenox Avenue, Waukegan, IL 60085
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Mixed-Use Property in Waukegan, IL
$283,975
0.08 Acres

Mixed-Use Property in Waukegan, IL

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

726 10th Street, Waukegan, IL 60085
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Waukegan Multifamily Property For Sale
$325,000

Waukegan Multifamily Property For Sale

Well-maintained duplex featuring two independent units, each with 1,200 sq. ft.

600 SUNDERLIN Street, Waukegan, IL 60085
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Waukegan Two-Unit Multifamily Property
$245,000

Waukegan Two-Unit Multifamily Property

Two-unit property in good condition with separate access basements.

214 Franklin Avenue, Waukegan, IL 60085
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Waukegan Commercial Building For Sale
$349,900
0.18 Acres

Waukegan Commercial Building For Sale

B-5 commercial building in downtown Waukegan, ideal for investors.

319 N County Street, Waukegan, IL 60085
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Mixed-Use Building in Waukegan
$449,900
0.16 Acres

Mixed-Use Building in Waukegan

Mixed-use building with restaurant and apartments in active commercial area.

818 10th Street, Waukegan, IL 60085
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Storefront and Two-Flat Building
$460,000

Storefront and Two-Flat Building

Two buildings: storefront and two-flat, ample parking.

1809 Washington Street, Waukegan, IL 60085
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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 10 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Two Homes, One Property
$414,900
0.67 Acres

Two Homes, One Property

Two separate homes on a .67 acre lot.

11471 W Leland Avenue, Beach Park, IL 60099
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North Chicago Multifamily Investment Opportunity
$219,000
0.13 Acres

North Chicago Multifamily Investment Opportunity

Two-unit property with reliable tenants and recent rehab.

822 11th Street, North Chicago, IL 60064
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North Chicago Multifamily Property
$269,900
0.15 Acres

North Chicago Multifamily Property

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

1025 Lincoln Street, North Chicago, IL 60064
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Two Homes on Large Lot
$414,900

Two Homes on Large Lot

Two homes on one property with income potential.

11471 W Leland Avenue, Beach Park, IL 60099
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Lot in Waukegan
$44,725
0.63 Acres

Residential Lot in Waukegan

Spacious, buildable lot with utilities in Waukegan, Illinois.

613 Clarke Avenue, Waukegan, IL 60085
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Land with Lake Michigan View
Contact for pricing
0.16 Acres

Land with Lake Michigan View

Land near Lake Michigan, downtown Waukegan, with survey.

312 Oak Street, Waukegan, IL 60085
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Residential Lot in Waukegan, IL
Contact for pricing
0.37 Acres

Residential Lot in Waukegan, IL

Residential land for sale in Waukegan, Illinois.

12352 W Atlantic Avenue, Waukegan, IL 60085
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Waukegan Land Opportunity
$249,900

Waukegan Land Opportunity

Over seven acres available in Waukegan, Illinois.

3000 Country Club Avenue, Waukegan, IL 60087
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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.

38101 Sheridan Rd

38101 Sheridan Rd

Land • 23.49 Acres
Value Estimation by Request
38101 Sheridan Rd, Waukegan, IL 60087
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2253 Belvidere Rd

2253 Belvidere Rd

Land • 16.00 Acres
Value Estimation by Request
2253 Belvidere Rd, Waukegan, IL 60085
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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
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Waukegan, IL Residential Income Properties Investment Opportunities Market Analysis

Explore 15 residential income properties for sale in Waukegan, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 34,918 square feet of properties for sale, with an estimated market value of $1,978,775.

Sale prices for residential income properties in Waukegan, IL start at $240,000, averaging $329,795, and reaching up to $449,900 — 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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