IL
Lake
Waukegan
60085
10-12 N Park Avenue
10-12 N Park Avenue, Waukegan, IL 60085
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Listing Type
Multi Family
Listing Status
Active
26
$479,000

Home Details for 10-12 N Park Avenue

Price
$479,000
Type
Residential Income
Bedrooms
8
Bathrooms
4.0
Square feet
NaN
Year built
1910
County
Lake
Total rooms
12
Garage
Basement
Unfinished, Full
Days on site
47
MLS Listing#
12543091
Property Description

Income-producing side-by-side duplex offering rare three levels of living space per unit, ideal for investors or owner-occupants. Excellent house-hacking opportunity - live in one unit while generating rental income from the other. Current rents are below market value, reflecting long-term, high-quality tenants and providing future upside potential. Both units are currently occupied, with tenants interested in remaining. Tenant is responsible for water. Each unit features 3 bedrooms, 2 full bathrooms, plus a third-floor bonus room, enhancing rental appeal and flexibility. The main level includes a living room, dining room, and open-concept kitchen. The side-by-side configuration minimizes shared walls, offering increased privacy and reduced noise transfer. Separate utilities for each unit include electric, furnace, central A/C, and water heater. New central A/C installed in July 2022. Recent improvements include windows, roof, gutters, soffits, and fascia (2022). Newer appliances (2025) installed at 12 N Park Ave, sewer line professionally addressed (2025), and units have been well maintained, helping minimize near-term capital expenses. The property features strong curb appeal, two separate private driveways providing ample parking, and full unfinished basements for each unit. Located in a quiet residential setting with convenient access to restaurants, major highways, Gurnee Mills, Six Flags, Wisconsin access, downtown Chicago, casinos, hospitals, city hall, police station, and just steps from Ray Bradbury Park. Rare opportunity offering strong rental demand, flexibility, and long-term investment potential.

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Property Features
  • Parking
    • Off Street
    • Driveway
  • Basement
    • Unfinished
    • Full
  • Cooling Information
    • Ceiling Fan(s)
  • Heating Information
    • Forced Air
  • Water Features
    • Public
Listing Courtesy: Baird & Warner - 847-724-1855
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-02-19 13:21:48. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-02-19 13:21:48
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT STRATEGY REALTY
2935 N. Clark St., Chicago, IL 60657
Office
312 554 5478
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