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    Waukegan, IL Residential Income Properties for Sale

    9 results
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    Waukegan Residential Income Opportunity
    $309,900

    Waukegan Residential Income Opportunity

    1525 North Ave, Waukegan, IL 60085

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

    • Opportunity to occupy one unit and rent the other for income.
    • Each unit has 2 spacious bedrooms, living room, dining room, office, and porch.
    • Includes a 2‑car garage.
    • Full basement provides additional space.
    • Located on a corner lot.
    Updated: Feb 20
    View details
    Waukegan Turnkey Two-Flat
    $299,000
    0.07 Acres

    Waukegan Turnkey Two-Flat

    518 Chestnut St, Waukegan, IL 60085

    Fully rehabbed two-flat with modern amenities and convenient location.

    • Turnkey, fully rehabbed two‑flat: Move‑in ready.
    • Two units, each with five rooms and two bedrooms.
    • Brand‑new kitchens and updated baths with modern appliances.
    • New mechanicals throughout, including washer/dryer.
    • Highly regarded school district.
    Updated: Feb 18
    View details
    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
    View details
    Waukegan Multifamily Property For Sale
    $325,000
    2,400 SF

    Waukegan Multifamily Property For Sale

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

    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
    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
    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
    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 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
    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 9 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 1 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.

    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 St, North Chicago, IL 60064
    View details
    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 St, North Chicago, IL 60064
    View details
    Spacious Townhome with Nature Views
    Contact for pricing
    2,550 SF

    Spacious Townhome with Nature Views

    End-unit townhome with pond and woods views, close to amenities.

    1315 Queen Ann Ln, Gurnee, IL 60031
    View details
    Prime Gurnee Land - Hwy Frontage
    $8,000,000
    17.53 Acres

    Prime Gurnee Land - Hwy Frontage

    17.53 Acres, $8M, C-2 Zoning

    36396 Skokie Hwy, Gurnee, IL 60031
    View details

    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.

    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 St, Waukegan, IL 60085
    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 Residential Income Properties Investment Opportunities Market Analysis

    Explore 12 residential income properties for sale in Waukegan, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 1,049,796 square feet of properties for sale, with an estimated market value of $2,911,750.

    Sale prices for residential income properties in Waukegan, IL start at $239,900, averaging $415,964, and reaching up to $1,049,000 — 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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    Browse Residential income properties for Sale Near Waukegan, IL

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    Most Searched ZIP Codes in Waukegan, IL

    • 60085
    • 60087

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