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    • $263,097

    512 Powell Ave, Waukegan, IL 60085

    5beds
    --sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $277,900 Zestimate®
    $--/sqft
    $1,865 Estimated rent

    Home value

    $277,900

    $250,000 - $308,000

    $1,865/mo

    Zestimate® history
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    What's special

    Multi-family gem in Waukegan's South Sheridan area, this two unit flat featuring 2 bedrooms on the 1st floor and 3 bedrooms on the 2nd floor in a generous lot with detached garage. Features forced-air gas heating, central cooling, and all essential appliances. Live in one unit and rent the other! Generate passive income while maintaining comfortable owner-occupancy. Excellent cash flow potential and strong local demand. Whether you're a seasoned investor or first-time buyer, this property offers a smart path to income and equity. Don't miss it!

    Zillow last checked:

    Listing updated:

    Listed by:

    Rocio Mena 224-489-4046,

    HomeSmart Connect LLC

    Bought with:

    Luisa Martinez

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12447591MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: Partially Finished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 6,750 Square Feet
    • Dimensions: 135 X 50
    Details
    • Parcel number: 08281180160000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Waukegan

    Financial & listing details

    • Tax assessed value: $200,051
    • Annual tax amount: $5,665
    • Date on market: 10/11/2025
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/10/2025Sold$263,097+504.8%
    Source: MRED as distributed by MLS GRID #12447591 Report a problem
    10/2/2015Sold$43,500-39.2%
    Source: Public Record Report a problem
    9/30/2008Sold$71,500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,801 +2.4%$71,611 +7.4%
    2023$5,665 +22.4%$66,677 +11%
    2022$4,629 +9.3%$60,075 +26.9%
    2021$4,236 +6.7%$47,351 +35.2%
    2020$3,970 -0.6%$35,026 +9.1%
    2019$3,996 +24.2%$32,095 +25.5%
    2018$3,217 $25,564 +13%
    2017$3,217 +2.3%$22,617 +8.7%
    2016$3,145 +2.1%$20,799 +11.7%
    2015$3,081 +7.6%$18,615 +2.3%
    2014$2,863 -10.4%$18,195 -11.8%
    2012$3,196 -22.5%$20,640 -34.4%
    2011$4,122 +26.6%$31,454 +8.6%
    2010$3,255 +16.4%$28,966 -0.7%
    2009$2,796 +30.5%$29,160 -51.9%
    2008$2,143 -54.3%$60,682 +7.5%
    2006$4,688 +3.6%$56,464
    2005$4,523 +2.1%--
    2004$4,429 +1.2%--
    2003$4,375 +32.4%--
    2002$3,304 +10.8%--
    2001$2,982 +11.3%$36,964 +1.6%
    2000$2,678 $36,382
    Find assessor info on the county website

    Neighborhood: South Sheridan

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    $277,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $277,900

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