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  • $300,000

    305 S Lewis Ave, Waukegan, IL 60085

    6beds
    --sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $338,400 Zestimate®
    $--/sqft
    $1,433 Estimated rent

    Home value

    $338,400

    $318,000 - $359,000

    $1,433/mo

    Zestimate® history
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    What's special

    Great Investment or Family Home in Waukegan! Don't miss this fully remodeled, move-in-ready 2-unit property in Waukegan's hot rental market! Perfect for investors chasing strong cash flow or families wanting to live in one unit while tenants cover most of the mortgage. This turnkey gem is a smart buy for today and tomorrow. Front Unit: 4 bedrooms, 1 bathroom - spacious for large families or tenants needing room. Back Unit: 2 bedrooms, 1 bathroom - cozy, modern, and easy to rent. Both units shine with new flooring, plush carpeting, and fresh paint for a warm, inviting feel. The updated kitchens feature modern cabinets, stylish backsplashes, and brand-new stainless-steel appliances. Renovated bathrooms add a clean, comfortable touch. Each unit has separate gas and electric meters, so tenants pay their own utilities. Two new furnaces and two new water heaters ensure low-maintenance, worry-free living. The full basement, accessible to both units, has ample storage and washer-dryer hookups for tenant convenience. Outside, a freshly sealed driveway leads to a massive parking area - perfect for families with multiple cars or tenants with work vehicles. The low-maintenance exterior keeps this property looking sharp. Act fast - this rare find in a family-friendly neighborhood won't last! Investors, secure a highly profitable, income-producing property. Families, live in the 4-bedroom unit and let the 2-bedroom unit pay your way. This is the dream home or income machine you've been waiting for - schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Cherney 630-862-5181,

    Circle One Realty

    Bought with:

    Prentiss Grant

    RE/MAX Plaza

    Source: MRED as distributed by MLS GRID,MLS#: 12415957MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Bathroom
    • Features: Soaking Tub
    Heating
    • Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
    Features
    • Windows: Screens
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 4
    • Parking features: None, On Site, Other
    Features
    • Patio & porch: Deck, Patio, Porch
    Lot
    • Size: 5,292 Square Feet
    • Dimensions: 42X126
    Details
    • Parcel number: 08292010100000
    • Zoning: LNC
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1920
    • Major remodel year: 2025

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Park, Sidewalks, Street Lights, Street Paved
    • Security: Carbon Monoxide Detector(s)
    Location
    • Region: Waukegan

    Financial & listing details

    • Tax assessed value: $153,942
    • Annual tax amount: $4,452
    • Date on market: 7/10/2025
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/11/2026Listing removed$1,500
    Source: Zillow Rentals Report a problem
    6/1/2026Listed for rent$1,500-6.3%
    Source: Zillow Rentals Report a problem
    9/3/2025Listing removed$1,600
    Source: Zillow Rentals Report a problem
    8/19/2025Listed for rent$1,600
    Source: Zillow Rentals Report a problem
    8/11/2025Sold$300,000+11.2%
    Source: MRED as distributed by MLS GRID #12415957 Report a problem
    7/11/2025Contingent$269,900
    Source: MRED as distributed by MLS GRID #12415957 Report a problem
    7/10/2025Listed for sale$269,900+608.4%
    Source: MRED as distributed by MLS GRID #12415957 Report a problem
    10/4/2013Sold$38,101
    Source: MRED as distributed by MLS GRID #08417145 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,452 +2.9%$55,105 +7.4%
    2023$4,328 -2.3%$51,309 +11.8%
    2022$4,430 +12.3%$45,897 +1.3%
    2021$3,947 -1.3%$45,316 +28.5%
    2020$3,998 -0.6%$35,267 +9.1%
    2019$4,023 +50.5%$32,316 +52.1%
    2018$2,674 $21,245 +13%
    2017$2,674 +8.3%$18,796 -1.8%
    2016$2,469 +14.9%$19,150 +9.6%
    2015$2,150 -42.8%$17,469 -21.4%
    2014$3,760 -23.7%$22,226 -7.7%
    2012$4,930 -6.2%$24,080 -47.6%
    2011$5,253 -7.5%$45,924 -18.6%
    2010$5,678 +4.4%$56,413 -10.1%
    2009$5,438 +2.5%$62,720 -2.8%
    2008$5,307 +17.6%$64,520 +18.3%
    2006$4,512 +4.2%$54,532
    2005$4,332 +3%--
    2004$4,206 +1.4%--
    2003$4,146 +48.6%--
    2002$2,791 +122.8%--
    2001$1,253 -43.3%$31,620 +3.2%
    2000$2,210 $30,630
    Find assessor info on the county website

    Neighborhood: 60085

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Washington Elementary School
    • Middle: Robert E Abbott Middle School
    • High: Waukegan High School
    • District: 60

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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