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9 Properties Within 0.5 miles of: 10-12 N Park, Waukegan
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10-12 N Park
Waukegan, IL 60085

  • 8 Beds
  • Built In 1910
Price

$479,000

Est Payment
$2,809 / month (details)  
Taxes
$5,809  
Beds
8  
Rooms
12  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
4792 SF  
Built
1910  
Neighborhood
Park City / Waukegan  
MLS
#12595027
Status
Active (0 days)

Property Description

Income-producing side-by-side duplex offering rare three levels of living space per unit, ideal for investors or owner-occupants. Excellent house-hacking opportunity - live in one unit while generating rental income from the other. Current rents are below market value, reflecting long-term, high-quality tenants and providing future upside potential. Both units are currently occupied, with tenants interested in remaining. Tenant is responsible for water. Each unit features 3 bedrooms, 2 full bathrooms, plus a third-floor bonus room, enhancing rental appeal and flexibility. The main level includes a living room, dining room, and open-concept kitchen. The side-by-side configuration minimizes shared walls, offering increased privacy and reduced noise transfer. Separate utilities for each unit include electric, furnace, central A/C, and water heater. New central A/C installed in July 2022. Recent improvements include windows, roof, gutters, soffits, and fascia (2022). Newer appliances (2025) installed at 12 N Park Ave, sewer line professionally addressed (2025), and units have been well maintained, helping minimize near-term capital expenses. The property features strong curb appeal, two separate private driveways providing ample parking, and full unfinished basements for each unit. Located in a quiet residential setting with convenient access to restaurants, major highways, Gurnee Mills, Six Flags, Wisconsin access, downtown Chicago, casinos, hospitals, city hall, police station, and just steps from Ray Bradbury Park. Rare opportunity offering strong rental demand, flexibility, and long-term investment potential.

Property Map

Property Details

Utilities

  • Heating Forced Air
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
6 Parking Spaces, Off Street, Driveway, Yes, Owned
Schools
District 60

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

03-17-2026 Listed at $479,000
Last Modified 3/17/26 7:06 PM

Nearby Transportation

  • Union Pacific North 0.5 mi
  • Hwy 41 North 2.8 mi
  • Hwy 41 South 3.0 mi
  • I 94 East 4.5 mi
  • I 94 West 4.8 mi
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