1531 W Monroe Street
Waukegan, IL 60085
- 4 beds
- 2 baths
- – sqft
- 5,670 sqft lot
- 1920 build
- – on site
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Looking for the perfect income property? This is it. Two units, each with two bedrooms, one full bathroom, and a spacious kitchen with dining. Both kitchens are equipped with a refrigerator and stove/oven. Both units are currently tenant occupied and on a month to month lease. Very close to grade school, middle school, high school, and Yeoman Park. Walking distance to Weiss Field, if you want to catch a Friday night high school football game. This property does need some TLC, but is priced well below market value to accommodate that. Whether you're looking for a property with tenants to collect rents from day one, or want to renovate to maximize your return, this house is oozing with potential.
Last checked:
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Last updated Apr 6, 2025
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MLS# 11893833 —
The Building
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Year Built:1920
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Rebuilt:No
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New Construction:false
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Roof:Asphalt
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Basement:Full
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Foundation Details:Concrete Perimeter
Interior
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Rooms Total:8
Location
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Directions:Grand Avenue & Lewis Avenue. South on Lewis Avenue. East on Monroe Street to address. - Washington Street & Lewis Avenue. North on Lewis Avenue. East on Monroe Street to address.
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Location:26926
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Location:26926
The Property
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Parcel Number:08204040090000
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Property Type:Residential Income
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Location:B
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Lot Size Dimensions:45' X 126'
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Lot Size Source:Survey
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (847) 383-6600
- Office phone:
- (847) 383-6600
Taxes
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Tax Year:2022
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Tax Annual Amount:4422
Beds
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Bedrooms Total:4
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Bedrooms Possible:4
Baths
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Baths:2
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Full Baths:2
The Listing
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Short Sale:Not Applicable
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School:Hyde Park Elementary School
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Elementary School District:60
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Middle Or Junior School:Miguel Juarez Middle School
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Middle Or Junior School District:60
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High School:Waukegan High School
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High School District:60
The Community
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Community Features:Park
Parking
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Parking Total:2
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Parking Features:Driveway
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Parking Onsite:Yes
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Parking Ownership:Owned
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/15/23
Nov 15, 2023
|
Sold | MRED | $169,000 | |
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10/4/23
Oct 4, 2023
|
Sold Subject To Contingencies | MRED | $169,000 | |
|
9/28/23
Sep 28, 2023
|
Listed / Active | MRED | $169,000 |
