Investor's dream! This spacious four-bedroom, two-bath home offers over 1,500 square feet of potential and is ready for your finishing touches. Much of the heavy lifting is already done-the interior has been fully gutted, all the electrical is done, and drywall is already up in the upstairs level along with a completed master bathroom. Main level master bedroom and full bath. Featuring large, open rooms throughout, this home provides an excellent canvas for customization and value-add. A full unfinished basement offers additional space to expand or use for storage. Whether you're looking to flip, rent, or create your dream home, this property is a fantastic opportunity. Sold as-is. Don't miss out on this blank slate in a promising location!
Closed
$278,000
520 4th St, Waukegan, IL 60085
4beds
1,536sqft
Single Family Residence
Built in 1905
4,482.32 Square Feet Lot
$278,500 Zestimate®
$181/sqft
$2,324 Estimated rent
Home value
$278,500
$253,000 - $306,000
$2,324/mo
Zestimate® history
Owner options
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$2,097/mo
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Est. payment
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List your homeWhat's special
Large open rooms throughoutSpacious four-bedroom two-bath homeCompleted master bathroom
Zillow last checked:
Listing updated:
Listing courtesy of:
Jane Lee 847-295-0800,
RE/MAX Top Performers,
Saieshwar Chikoti,
RE/MAX Top Performers
Bought with:
George Villegas
Realty of America, LLC
Source: MRED as distributed by MLS GRID,MLS#: 12594594
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Flooring (Carpet), Window Treatments (All), Bathroom (Full)
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15X12
Bedroom 2
- Features: Flooring (Carpet), Window Treatments (All)
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 3
- Features: Flooring (Carpet), Window Treatments (All)
- Level: Second
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 4
- Features: Flooring (Carpet), Window Treatments (All)
- Level: Second
- Area: 120 Square Feet
- Dimensions: 12X10
Dining room
- Features: Flooring (Hardwood), Window Treatments (All)
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15X12
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Island, Updated Kitchen), Flooring (Hardwood), Window Treatments (All)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Living room
- Features: Flooring (Hardwood), Window Treatments (All)
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15X12
Heating
- Natural Gas, Forced Air
Cooling
- None
Appliances
- Included: Range, Microwave, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
- Laundry: Main Level, Sink
Features
- 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s)
- Flooring: Hardwood
- Windows: Screens
- Basement: Unfinished,Full
Interior area
- Total structure area: 2,478
- Total interior livable area: 1,536 sqft
Property
Parking
- Total spaces: 3
- Parking features: Off Street, Driveway, Yes, Owned
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
Lot
- Size: 4,482 sqft
- Dimensions: 45X103X45X103
Details
- Parcel number: 08211070040000
- Special conditions: None
- Other equipment: Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Park, Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Waukegan
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Sold | $278,000+7%$181/sqft |
Source:  MRED as distributed by MLS GRID #12594594 Report a problem | ||
| 4/28/2026 | Contingent | $259,900$169/sqft |
Source: MRED as distributed by MLS GRID #12594594 Report a problem | ||
| 3/18/2026 | Listed for sale | $259,900+36.8%$169/sqft |
Source: MRED as distributed by MLS GRID #12594594 Report a problem | ||
| 7/22/2025 | Listing removed | $190,000$124/sqft |
Source: MRED as distributed by MLS GRID #12395712 Report a problem | ||
| 6/17/2025 | Listed for sale | $190,000+444.4%$124/sqft |
Source: MRED as distributed by MLS GRID #12395712 Report a problem | ||
| 1/25/2015 | Listing removed | $34,900$23/sqft |
Source: Key Realty Group, Inc #08714173 Report a problem | ||
| 1/20/2015 | Price change | $34,900-0.3%$23/sqft |
Source: Key Realty Group, Inc #08714173 Report a problem | ||
| 7/27/2014 | Price change | $35,000+75%$23/sqft |
Source: Key Realty Group, Inc #08676361 Report a problem | ||
| 7/19/2014 | Pending sale | $20,000$13/sqft |
Source: Key Realty Group, Inc #08676361 Report a problem | ||
| 7/19/2014 | Listed for sale | $20,000$13/sqft |
Source: Key Realty Group, Inc #08676361 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,511 +2.1% | $55,834 +7.4% |
| 2023 | $4,417 +4.1% | $51,987 +11% |
| 2022 | $4,242 +8.8% | $46,846 +8% |
| 2021 | $3,898 -1.3% | $43,390 +24.6% |
| 2020 | $3,949 -0.6% | $34,836 +9.1% |
| 2019 | $3,974 +11.7% | $31,921 +12.9% |
| 2018 | $3,558 | $28,273 +13% |
| 2017 | $3,558 +8.3% | $25,014 +15.1% |
| 2016 | $3,286 +133.7% | $21,736 +11.7% |
| 2015 | $1,406 -9.2% | $19,454 +0.8% |
| 2014 | $1,548 -37.5% | $19,304 -7.7% |
| 2012 | $2,479 -13.8% | $20,913 -33.9% |
| 2011 | $2,874 +7.8% | $31,661 -18% |
| 2010 | $2,665 -17% | $38,608 -11.2% |
| 2009 | $3,212 +44.7% | $43,496 -2.8% |
| 2008 | $2,220 -5.1% | $44,744 +14.4% |
| 2006 | $2,340 -2.5% | $39,102 |
| 2005 | $2,401 -0.6% | -- |
| 2004 | $2,416 -9.5% | -- |
| 2003 | $2,670 +9.7% | -- |
| 2002 | $2,434 +11.9% | -- |
| 2001 | $2,175 +13.4% | $29,908 +3% |
| 2000 | $1,918 | $29,046 |
Find assessor info on the county website
Neighborhood: Downtown Waukegan
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: 0.9 mi
Schools provided by the listing agent
- Elementary: North Elementary School
- Middle: Edith M. Smith 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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