Move-in ready 3 bedroom & 1 bathroom cape cod. Main floor has hardwood floors throughout most of the rooms including the living room & 2 bedrooms. Eat-in kitchen. 1st floor full bath. 2nd floor private 3rd bedroom with hardwood floors & 2 closets. All bedrooms have ceiling fans.Large basement family room with bar. Basement utility room with washer & dryer. Private back yard with extra-large 2-car heated garage off rear alley. Come visit your new home today!
Closed
$257,900
505 Lorraine Ave, Waukegan, IL 60085
3beds
1,048sqft
Single Family Residence
Built in 1948
5,750 Square Feet Lot
$258,900 Zestimate®
$246/sqft
$1,977 Estimated rent
Home value
$258,900
$236,000 - $282,000
$1,977/mo
Zestimate® history
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List your homeWhat's special
Eat-in kitchen
Zillow last checked:
Listing updated:
Listed by:
Michael Bodden 847-293-8928,
Chase Real Estate LLC
Bought with:
Crystal Venegas
Baird & Warner
Source: MRED as distributed by MLS GRID,MLS#: 12564215
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Utility Room-Lower Level
Primary bedroom
- Features: Flooring (Hardwood)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10X12
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10X12
Bedroom 3
- Features: Flooring (Hardwood)
- Level: Second
- Area: 150 Square Feet
- Dimensions: 10X15
Family room
- Level: Basement
- Area: 396 Square Feet
- Dimensions: 18X22
Kitchen
- Features: Kitchen (Eating Area-Table Space), Flooring (Vinyl)
- Level: Main
- Area: 140 Square Feet
- Dimensions: 10X14
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 150 Square Feet
- Dimensions: 10X15
Other
- Level: Basement
- Area: 396 Square Feet
- Dimensions: 18X22
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Refrigerator, Washer, Dryer
Features
- 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s)
- Flooring: Hardwood
- Basement: Partially Finished,Full
Interior area
- Total structure area: 1,796
- Total interior livable area: 1,048 sqft
- Finished area below ground: 374
Property
Parking
- Total spaces: 2
- Parking features: Off Alley, Heated Garage, Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1.5
Lot
- Size: 5,750 Square Feet
Details
- Parcel number: 08202120040000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Lorraine Terrace
HOA
- Services included: None
Location
- Region: Waukegan
Financial & listing details
- Price per square foot: $246/sqft
- Tax assessed value: $154,702
- Annual tax amount: $3,870
- Date on market: 2/9/2026
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Sold | $257,900-0.8%$246/sqft |
Source:  MRED as distributed by MLS GRID #12564215 Report a problem | ||
| 5/20/2026 | Contingent | $259,900$248/sqft |
Source: MRED as distributed by MLS GRID #12564215 Report a problem | ||
| 5/15/2026 | Price change | $259,900-1.9%$248/sqft |
Source: MRED as distributed by MLS GRID #12564215 Report a problem | ||
| 5/2/2026 | Price change | $264,900-1.1%$253/sqft |
Source: MRED as distributed by MLS GRID #12564215 Report a problem | ||
| 4/17/2026 | Price change | $267,900-0.7%$256/sqft |
Source: MRED as distributed by MLS GRID #12564215 Report a problem | ||
| 4/3/2026 | Price change | $269,900-1.8%$258/sqft |
Source: MRED as distributed by MLS GRID #12564215 Report a problem | ||
| 3/19/2026 | Price change | $274,900-1.1%$262/sqft |
Source: MRED as distributed by MLS GRID #12564215 Report a problem | ||
| 2/26/2026 | Price change | $277,900-0.7%$265/sqft |
Source: MRED as distributed by MLS GRID #12564215 Report a problem | ||
| 2/9/2026 | Listed for sale | $279,900$267/sqft |
Source: MRED as distributed by MLS GRID #12564215 Report a problem | ||
| 1/19/2026 | Listing removed | $279,900$267/sqft |
Source: MRED as distributed by MLS GRID #12538268 Report a problem | ||
| 1/5/2026 | Listed for sale | $279,900+833%$267/sqft |
Source: MRED as distributed by MLS GRID #12538268 Report a problem | ||
| 10/20/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/3/2023 | Listed for rent | $1,800+24.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/17/2020 | Listing removed | $1,450$1/sqft |
Source: Owner Report a problem | ||
| 11/10/2020 | Price change | $1,450+3.6%$1/sqft |
Source: Owner Report a problem | ||
| 11/9/2020 | Listed for rent | $1,400+7.7%$1/sqft |
Source: Owner Report a problem | ||
| 8/17/2018 | Listing removed | $1,300$1/sqft |
Source: Owner Report a problem | ||
| 6/18/2018 | Listed for rent | $1,300$1/sqft |
Source: Owner Report a problem | ||
| 3/24/2015 | Sold | $30,000+2900%$29/sqft |
Source: Public Record Report a problem | ||
| 12/18/2014 | Listing removed | $1,000$1/sqft |
Source: Williams & Williams Worldwide Real Estate Auction Report a problem | ||
| 11/20/2014 | Listed for sale | $1,000$1/sqft |
Source: Williams & Williams Worldwide Real Estate Auction Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,474 +2.8% | $55,377 +7.4% |
| 2023 | $4,353 +26.3% | $51,562 +11.7% |
| 2022 | $3,447 +33.4% | $46,164 +11.9% |
| 2021 | $2,585 -20.5% | $41,259 +43.8% |
| 2020 | $3,252 -0.6% | $28,686 +9.1% |
| 2019 | $3,273 +7.1% | $26,286 +8.2% |
| 2018 | $3,057 | $24,289 +13% |
| 2017 | $3,057 +8.3% | $21,489 +15.1% |
| 2016 | $2,823 +100.8% | $18,673 +11.7% |
| 2015 | $1,406 -9.2% | $16,713 -13.4% |
| 2014 | $1,548 -37.5% | $19,304 -7.7% |
| 2012 | $2,479 -0.9% | $20,914 -27.4% |
| 2011 | $2,502 -22.4% | $28,823 -16.7% |
| 2010 | $3,225 -1.4% | $34,584 -13.8% |
| 2009 | $3,270 +1.7% | $40,102 -2.8% |
| 2008 | $3,215 +13.8% | $41,253 +14.5% |
| 2006 | $2,826 +5.4% | $36,022 |
| 2005 | $2,681 +4.9% | -- |
| 2004 | $2,556 +0.3% | -- |
| 2003 | $2,549 +10.1% | -- |
| 2002 | $2,315 +11.9% | -- |
| 2001 | $2,069 +15.1% | $26,724 +4.5% |
| 2000 | $1,798 | $25,577 |
Find assessor info on the county website
Neighborhood: 60085
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Nearby schools
GreatSchools rating
- 5/10Hyde Park Elementary SchoolGrades: K-5Distance: 0.2 mi
- 2/10Miguel Juarez Middle SchoolGrades: 6-8Distance: 0.4 mi
- 1/10Waukegan High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Hyde Park Elementary School
- Middle: Miguel Juarez 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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Estimated market value
$258,900
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Estimated market value
$258,900
- Illinois
- Lake County
- Waukegan
- 60085
- 505 Lorraine Ave
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