724 10th St Waukegan, IL 60085
Washburn Springs NeighborhoodEstimated payment $2,412/month
Highlights
- Property is near public transit
- Baseboard Heating
- 4-minute walk to Citizens Park
- Forced Air Heating System
About This Home
724 & 720 10th Street have separate PIN numbers & are being sold together. 724 10th Street offers Five Units with Four 2 bedroom apartments & One 1 bedroom apartment with a full basement sitting on a 25 X 135 lot. All electric & gas are separate, electric updated and to code. 720 10th Street is a 50 X 135 paved lot being used by tenants of 724 10th Street for parking. Long Term Tenants are on Month to month. Rental income potential is higher than current rents. This property offers a positive cash flow for any investor looking for a long term investment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,044
Year Built
- Built in 1910
Lot Details
- 3,375 Sq Ft Lot
- Lot Dimensions are 25 x 135
- Additional Parcels
Parking
- 13 to 18 Parking Spaces
Utilities
- Forced Air Heating System
- Baseboard Heating
- Hot Water Heating System
- Radiant Heating System
Additional Features
- 2-Story Property
- Property is near public transit
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $480
- Fuel Expense $900
- Insurance Expense $1,800
- Maintenance Expense $500
- Trash Expense $1,200
- Water Sewer Expense $1,440
- Operating Expense $14,364
- Gross Income $45,600
- Net Operating Income $31,236
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,553 | $88,844 | $4,242 | $84,602 |
| 2023 | $5,997 | $80,097 | $3,798 | $76,299 |
| 2022 | $5,997 | $61,339 | $2,949 | $58,390 |
| 2021 | $5,715 | $54,813 | $2,568 | $52,245 |
| 2020 | $5,305 | $46,795 | $2,395 | $44,400 |
| 2019 | $5,339 | $42,880 | $2,195 | $40,685 |
| 2018 | $3,560 | $27,537 | $2,447 | $25,090 |
| 2017 | $3,466 | $24,363 | $2,165 | $22,198 |
| 2016 | $4,141 | $26,798 | $2,687 | $24,111 |
| 2015 | $4,052 | $23,985 | $2,405 | $21,580 |
| 2014 | $6,570 | $38,833 | $1,759 | $37,074 |
| 2012 | $7,876 | $42,071 | $1,905 | $40,166 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | For Sale | $329,975 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Administrators Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Stewart Title Company | |
| Sheriffs Deed | -- | -- | |
| Quit Claim Deed | -- | Attorneys Natl Title Network | |
| Warranty Deed | $180,000 | Attorneys Natl Title Network | |
| Quit Claim Deed | -- | Attorneys Natl Title Network | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $174,890 | FHA |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12474101
APN: 08-28-324-029
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
- 842 Wadsworth Ave
- 1102 Wadsworth Ave
- 1017 Mcalister Ave
- 817 S Mcalister Ave
- 1210 Park Ave
- 822 S Martin Luther King Junior Ave
- 720 13th St
- 1301 Park Ave
- 910 Cummings Ave
- 1308 Adams St
- 670 S Martin Luther King jr Ave
- 1612 11th St
- 1423 Victoria Ave
- 515 George Ave
- 1437 Victoria Ave
- 522 George Ave
- 337 George Ave
- 554 S Mcalister Ave
- 579 Caroline Place
- 1511 14th St
- 853 Adams St Unit 1
- 1022 Mcalister Ave Unit 1
- 1300 Park Ave
- 714 Helmholz Ave Unit 1
- 542 Oak St
- 1427 Hervey Ave Unit B
- 1217 16th St
- 1444 Hervey Ave
- 1701 Victoria Ave
- 1732 Sheridan Rd Unit 2F
- 1727 Lincoln St Unit 1B
- 519 S Elmwood Ave
- 1915 Seymour Ave Unit 2
- 515 W Madison St
- 10 N Sheridan Rd
- 11 N Genesee St Unit 200
- 1219 Broadway Ave
- 2135 Kemble Ave Unit 2nd floor 2bedroom
- 2318 Washington St Unit 1
- 25 Keller Ave Unit N