Come take a look at this 3 bedroom 1.1 bath with a full basement located in Waukegan. The home features a two car garage with a reasonable size backyard. New windows recently installed. Bring your vision to make this property a home for you or your family. If you would like for this to be a starter home or your next rental investment, feel free to contact the realtor to hear about home buyer assistance programs.
Closed
$188,790
555 Lorraine Ave, Waukegan, IL 60085
3beds
1,352sqft
Single Family Residence
Built in 1928
7,313 Square Feet Lot
$199,900 Zestimate®
$140/sqft
$2,246 Estimated rent
Home value
$199,900
$180,000 - $222,000
$2,246/mo
Zestimate® history
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$1,520/mo
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$1,520/mo
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Zillow last checked:
Listing updated:
Listed by:
DeWanna Adesuyi-Dada 847-791-4320,
Keller Williams North Shore West
Bought with:
Jasmine Gonzalez
Habloft LLC
Source: MRED as distributed by MLS GRID,MLS#: 12406409
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Carpet)
- Level: Second
- Area: 156 Square Feet
- Dimensions: 12X13
Bedroom 2
- Level: Second
- Area: 169 Square Feet
- Dimensions: 13X13
Bedroom 3
- Features: Flooring (Carpet)
- Level: Second
- Area: 96 Square Feet
- Dimensions: 12X8
Dining room
- Features: Flooring (Carpet)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10X12
Kitchen
- Level: Main
- Area: 63 Square Feet
- Dimensions: 7X9
Laundry
- Level: Basement
- Area: 288 Square Feet
- Dimensions: 24X12
Living room
- Features: Flooring (Carpet), Window Treatments (Blinds)
- Level: Main
- Area: 234 Square Feet
- Dimensions: 18X13
Heating
- Natural Gas
Cooling
- None
Appliances
- Included: Refrigerator, Gas Oven
Features
- Basement: Partially Finished,Full
Interior area
- Total structure area: 2,028
- Total interior livable area: 1,352 sqft
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
Lot
- Size: 7,313 Square Feet
- Dimensions: 49X148
Details
- Parcel number: 08202030170000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
Condition
- New construction: No
- Year built: 1928
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: $140/sqft
- Tax assessed value: $162,877
- Annual tax amount: $4,583
- Date on market: 7/5/2025
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2025 | Sold | $188,790-3.2%$140/sqft |
Source:  MRED as distributed by MLS GRID #12406409 Report a problem | ||
| 7/10/2025 | Contingent | $195,000$144/sqft |
Source: MRED as distributed by MLS GRID #12406409 Report a problem | ||
| 7/5/2025 | Listed for sale | $195,000+11.4%$144/sqft |
Source: MRED as distributed by MLS GRID #12406409 Report a problem | ||
| 9/19/2024 | Listing removed | $175,000$129/sqft |
Source: MRED as distributed by MLS GRID #12123424 Report a problem | ||
| 9/13/2024 | Price change | $175,000-1.7%$129/sqft |
Source: MRED as distributed by MLS GRID #12123424 Report a problem | ||
| 8/17/2024 | Price change | $178,000-3.8%$132/sqft |
Source: MRED as distributed by MLS GRID #12123424 Report a problem | ||
| 8/3/2024 | Listed for sale | $185,000$137/sqft |
Source: MRED as distributed by MLS GRID #12123424 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,716 +2.9% | $64,827 +19.4% |
| 2023 | $4,583 +10.8% | $54,287 +11.7% |
| 2022 | $4,135 +3.8% | $48,603 +14.9% |
| 2021 | $3,983 -1.3% | $42,302 +18.9% |
| 2020 | $4,034 -0.6% | $35,588 +9.1% |
| 2019 | $4,060 +11.9% | $32,611 +13.2% |
| 2018 | $3,627 | $28,818 +13% |
| 2017 | $3,627 +8.3% | $25,496 +15.1% |
| 2016 | $3,350 -4.6% | $22,155 +11.7% |
| 2015 | $3,511 +0.1% | $19,829 -4.4% |
| 2014 | $3,508 -19.3% | $20,736 -7.7% |
| 2012 | $4,348 -2.4% | $22,463 -34% |
| 2011 | $4,457 -2.6% | $34,010 -16.5% |
| 2010 | $4,576 +0.7% | $40,725 -14.1% |
| 2009 | $4,544 +3.7% | $47,389 -2.8% |
| 2008 | $4,384 +7% | $48,749 +8.4% |
| 2006 | $4,097 +4.5% | $44,975 |
| 2005 | $3,922 +4% | -- |
| 2004 | $3,771 +4.9% | -- |
| 2003 | $3,594 +15.6% | -- |
| 2002 | $3,108 +10.9% | -- |
| 2001 | $2,801 +14.5% | $31,440 +4.7% |
| 2000 | $2,446 | $30,033 |
Find assessor info on the county website
Neighborhood: 60085
Nearby homes
- $334,0004 bd6 ba1k sqft533 Lorraine Ave, Waukegan, IL 60085Off Market
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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: 0.5 mi
- 1/10Waukegan High SchoolGrades: 9-12Distance: 0.8 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
$199,900
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
$199,900
- Illinois
- Lake County
- Waukegan
- 60085
- 555 Lorraine Ave
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