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$540,000

Sold

7 months ago

MLS® 12429828

14 Bed

5 Bath

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8 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $8,516
Lot Size 0.17 acres
Approx. Age 1940
MLS® Number 12429828

Property Address: 1007 8th St, WAUKEGAN, IL, 60085-7302

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number12429828
Laundry Level
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageNo
Approx. Age1940
BasementUnfinished, Full
DrivewayOff Street, Driveway, On Site, Owned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Aug 10, 2025End Date
$485,000Sold Price

Sold

Aug 5, 2025List Date
$540,000List Price
May 21, 2024End Date
$386,000Sold Price

Sold

May 15, 2024List Date
$369,130List Price
  • Commute

Commute

Starting Address
Destination Address
1007 8 Th St, WAUKEGAN, IL

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