Victorian Charm Meets Modern Luxury! Experience the perfect blend of historic charm and modern sophistication in this stunning Victorian 2-flat with wrap around porch. Totally renovated to highlight the home's original beauty, this property boasts refinished original floors, new upgraded kitchens, and baths. The first-floor features 2 spacious bedrooms, 2 modern baths, and ample living space. The second floor with 3 bedrooms and 2 baths, offering plenty of space for family or guests. A huge garage with walk-up attic adds valuable storage and potential for additional workspace or hobby area. This Victorian 2-flat combines historic elegance with modern amenities, perfect for those seeking character and functionality. Cash or conventional only!
Closed
$312,000
518 Franklin St, Waukegan, IL 60085
5beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$324,100 Zestimate®
$--/sqft
$1,714 Estimated rent
Home value
$324,100
$292,000 - $360,000
$1,714/mo
Zestimate® history
Owner options
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$1,714/mo
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$1,714/mo
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$2,374/mo
Est. payment
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$2,374/mo
Est. payment
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List your homeWhat's special
Modern bathsSpacious bedroomsRefinished original floorsNew upgraded kitchensAmple living spaceWrap around porch
Zillow last checked:
Listing updated:
Listed by:
Richard Lewis 224-214-2903,
Double R Realty LLC
Bought with:
Oksana Chura
North Shore Prestige Realty
Source: MRED as distributed by MLS GRID,MLS#: 12420047
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Foyer, Utility Room-1st Floor
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Fencing: Fenced
Lot
- Size: 9,583 Square Feet
- Dimensions: 77X132
Details
- Parcel number: 08211090100000
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Farmhouse
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
- Major remodel year: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Location
- Region: Waukegan
Financial & listing details
- Tax assessed value: $72,998
- Annual tax amount: $5,900
- Date on market: 7/18/2025
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2025 | Sold | $312,000-2.2% |
Source:  MRED as distributed by MLS GRID #12420047 Report a problem | ||
| 8/6/2025 | Contingent | $318,888 |
Source: MRED as distributed by MLS GRID #12420047 Report a problem | ||
| 8/1/2025 | Price change | $318,888-0.3% |
Source: MRED as distributed by MLS GRID #12420047 Report a problem | ||
| 7/26/2025 | Price change | $319,888-2.4% |
Source: MRED as distributed by MLS GRID #12420047 Report a problem | ||
| 7/25/2025 | Price change | $327,888-0.3% |
Source: MRED as distributed by MLS GRID #12420047 Report a problem | ||
| 7/18/2025 | Listed for sale | $328,888+311.1% |
Source: MRED as distributed by MLS GRID #12420047 Report a problem | ||
| 12/7/2016 | Sold | $80,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $72,998 |
| 2023 | -- | -- |
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | $45 | -- |
| 2017 | $45 -99.1% | $317 -99.1% |
| 2016 | $5,069 +18.1% | $33,530 +11.7% |
| 2015 | $4,292 +0.1% | $30,010 +18.4% |
| 2014 | $4,289 -19.3% | $25,352 -7.7% |
| 2012 | $5,316 -2.4% | $27,468 -33.9% |
| 2011 | $5,449 -3.7% | $41,582 -17.4% |
| 2010 | $5,657 +2.7% | $50,342 -12.4% |
| 2009 | $5,508 +3.7% | $57,449 -2.8% |
| 2008 | $5,314 +12.7% | $59,098 +14.1% |
| 2006 | $4,717 +4.2% | $51,782 |
| 2005 | $4,528 +3.5% | -- |
| 2004 | $4,375 +4.7% | -- |
| 2003 | $4,178 +22.9% | -- |
| 2002 | $3,398 +10.8% | -- |
| 2001 | $3,067 +13.9% | $34,418 +4.1% |
| 2000 | $2,692 | $33,049 |
Find assessor info on the county website
Neighborhood: Downtown Waukegan
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Nearby schools
GreatSchools rating
- 2/10North Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 2/10Daniel Webster Middle SchoolGrades: 6-8Distance: 0.8 mi
- 1/10Waukegan High SchoolGrades: 9-12Distance: 0.8 mi
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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- Illinois
- Lake County
- Waukegan
- 60085
- Downtown Waukegan
- 518 Franklin St
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