$325,000

515 George Ave Waukegan, IL 60085

Estimated payment $2,229/month

Total Views 2,360
6 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

This beautifully updated 2-unit property offers two spacious 3-bedroom, 1-bathroom apartments-ideal for first-time homebuyers. Enjoy peace of mind with recent renovations including new countertops, modern appliances, and updated flooring throughout. Bright, clean, and move-in ready, this is a smart way to build equity while living comfortably!

Listing Agent

Airel Hermosillo

Smart Home Realty License #471015973 Listed on: 07/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,144

Year Built

  • Built in 1901

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x160
  • Paved or Partially Paved Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Waukegan High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,144

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1901
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Other
  • Foundation Details: Brick/Mortar
  • List Price: 325000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • High School: Waukegan High School
  • Middle/Junior School District: 60

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50X160
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 5144
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,144 $60,559 $9,854 $50,705
2023 $5,144 $54,552 $8,823 $45,729
2022 $4,124 $42,186 $6,866 $35,320
2021 $3,775 $36,208 $5,980 $30,228
2020 $3,544 $31,266 $5,579 $25,687
2019 $3,567 $28,650 $5,112 $23,538
2018 $2,151 $16,638 $3,798 $12,840
2017 $2,110 $14,720 $3,360 $11,360
2016 $2,824 $18,272 $4,172 $14,100
2015 $2,763 $16,354 $3,734 $12,620
2014 $4,273 $25,255 $3,320 $21,935
2012 $5,295 $27,361 $3,597 $23,764
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $325,000 +124.0% --
08/07/2024 08/07/24 Sold $145,100 0.0% $67 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/24/2024 06/24/24 Off Market $145,100 -- --
06/21/2024 06/21/24 For Sale $140,000 -- $65 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $145,500 Chicago Title
Joint Tenancy Deed -- --
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12416199

Midwest Real Estate Data (MRED)

APN: 08-28-125-009