1007 8th Street, Waukegan, Illinois 60085

❮ ❯

$485,000

Sold
Status:	Closed
Sqft:	0
Cost/Sqft:	—
Beds:	14
Baths:	0
Year Built:	1940
Property Taxes:	$8,516
Days On Market:	115
Lot Size:	0,17

Map

Street View

Description

HIGH cash-flowing investment opportunity - ideal for owner-occupants, first-time, or seasoned investors. ***Rental income and NOI do not include the 4th unit, which was owner-occupied. Fully rented, the potential gross income is $7,365/month with a projected NOI of $82,000+. Strong potential to increase rents.*** Three out of four units have been fully rehabbed, featuring new flooring, paint, cabinets, bathrooms, and appliances. All units are equipped with new window A/C units and keypad locks on every door for added convenience and security. 4 new water heaters. Copper pipes and PVC drainage throughout the whole building. Additional storage and possibility of coin laundry for additional income. All windows were changed in the past 5 years. Private driveway parking accommodates 8 vehicles. AS-IS sale.

Property Specifics

Proerty Type	Multi-unit
Stories	—
Style	—
Year Built	1940
Basement	—
Model	—
Waterfront	No
Lot Size	0.17

County	Lake
Subdivision	—
Association Fees / Frequency	— / —
Association Fees Includes	—
Water	—
Sewer	—
MLS #	12429828
PIN #	08283140070000

Nearby Schools

	DISTRICT:	DISTANCE:
Grade School Carman-buckner Elementary School	60	—
Middle School John R. Lewis Middle School	60	Not in DB
High School Waukegan High School	60	Not in DB

Property History

DATE:	EVENT:	PRICE:	SOURCE:
10 Nov, 2008	Sold	$39,000	MRED MLS
14 Oct, 2008	Under contract	$76,000	MRED MLS
29 Sep, 2008	Listed for sale	$76,000	MRED MLS
13 Mar, 2015	Sold	$99,000	MRED MLS
14 Jan, 2015	Under contract	$99,000	MRED MLS
7 Jan, 2015	Listed for sale	$99,000	MRED MLS
28 Jun, 2024	Sold	$386,000	MRED MLS
21 May, 2024	Under contract	$369,130	MRED MLS
15 May, 2024	Listed for sale	$369,130	MRED MLS
12 Sep, 2025	Sold	$485,000	MRED MLS
10 Aug, 2025	Under contract	$540,000	MRED MLS
5 Aug, 2025	Listed for sale	$540,000	MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 14
Bedrooms Above Ground: 14
Bedrooms Below Ground: 0

Second Bedroom Info:
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Third Bedroom Info:
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Fourth Bedroom Info:
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Fifth Bedroom Info:
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Sixth Bedroom Info:
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Seventh Bedroom Info:
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Eighth Bedroom Info:
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Ninth Bedroom Info:
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Tenth Bedroom Info:
Dimensions: —

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Bedroom Info:
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Bedroom Info:
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Bedroom Info:
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Bedroom Info:
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Bathroom Info:
Full Bathrooms: 5

Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —

Additional Rooms Info:
Rooms: —

Basement: —
Basement Description: —

Other Specifics

Garage	—
Foundation	—
Driveway	—
Exterior Features	—
Lot Description	—
Lot Dimensions	50X150
Attic	—
Master Bathroom	—
Miscellaneous	—
Appliances	—
Equipment/Fixtures	Not in DB
Area	—
Park	—
Common Area	—
Fireplace(s) Info	—