1. Home
  2. > Search
  3. > Homes for Sale in Waukegan
  4. > 1007 8th Street, Waukegan, IL 60085
$485,000
14
beds
5
baths

1007 8th Street
Waukegan, Illinois 60085

Closed / MLS #12429828 / Multiple Unit (2-4) / Waukegan
Listing information updated 9/15/2025 at 11:03am
HIGH cash-flowing investment opportunity - ideal for owner-occupants, first-time, or seasoned investors. ***Rental income and NOI do not include the 4th unit, which was owner-occupied. Fully rented, the potential gross income is $7,365/month with a projected NOI of $82,000+. Strong potential to increase rents.*** Three out of four units have been fully rehabbed, featuring new flooring, paint, cabinets, bathrooms, and appliances. All units are equipped with new window A/C units and keypad locks on every door for added convenience and security. 4 new water heaters. Copper pipes and PVC drainage throughout the whole building. Additional storage and possibility of coin laundry for additional income. All windows were changed in the past 5 years. Private driveway parking accommodates 8 vehicles. AS-IS sale.
Exterior Type:
Brick
Basement:
Unfinished,Full
Beds Above Grade:
14
Heating System:
Natural Gas, Electric, Forced Air, Baseboard, Radiant, Radiator(s), Sep Heating Systems - 2+, Indv Controls, Zoned
Pool:
No
Age:
81-90 Years
Parking Type:
Off Street,Driveway,On Site,Owned
Parking Spaces:
8
Room Count:
22
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Acreage:
0.17
Tax Amount:
$8,516
Tax Year:
2024
Zip Code:
60085
City:
Waukegan
County:
Lake
School District(s):
60
Elementary School:
Carman-Buckner Elementary School
Middle School:
John R. Lewis Middle School
High School:
Waukegan High School

Listing Office: KOMAR

Listing Office Phone: 847.737.5037

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 9/15/2025 at 11:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Waukegan, IL

Waukegan’s lakefront, marina, and beaches are undeniably a major draw for residents; but the city is not just fun in the sun. The community has built a thriving art scene as well. Once a center of shipping and manufacturing, the city has reinvented itself in the post-industrial age. A massive lake...
$239,590
Average Sale Price
41
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1007 8th Street, Waukegan, IL 60085
Mortgage Calculator

Not quite what you are looking for?

Similar listings for sale near 1007 8th Street, Waukegan, IL 60085

Like the area?

More homes for sale near 1007 8th Street, Waukegan, IL 60085

New Listings in Waukegan, IL

Recently Sold Homes in Waukegan, IL

Nearby Homes for Sale

1007 8th Street, Waukegan, IL 60085 is a multiple unit (2-4) which sold for $485,000. 1007 8th Street features 14 Beds, 5 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since August 5th, 2025 and was built in 1940. Nearby schools include Carman-Buckner Elementary School, John R. Lewis Middle School, and Waukegan High School.

Mortgage Calculator