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Downtown Waukegan Home for Sale

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  • 502 Belvidere Rd, Waukegan, IL 60085
    502 Belvidere Rd, Waukegan, IL 60085
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    $54,900

    • Land
    • 0.17 Acre
    • $322,941 per Acre

    502 Belvidere Rd, Waukegan, IL 60085

    Prime Commercial Location Available - Bring Your Vision! This exceptional commercial property is situated on a busy street, offering high visibility and excellent exposure to potential customers. B-3 Zoning: Allows for a wide range of commercial uses. High Traffic Area, Utilities to the Site, "Sold As Is",No survey, SELLER FINANCING AVAILABLE: Flexible terms: We are eager to discuss seller

    Cameron Mortezaie HomeSmart Connect LLC

    502 Belvidere Rd, Waukegan, IL 60085
Illinois Waukegan Downtown Waukegan

Real Estate & Homes for Sale in Downtown Waukegan, Waukegan

About Downtown Waukegan

Downtown Waukegan is a vibrant neighborhood with a rich history and a variety of attractions. The Genesee Theater, a historic venue, hosts performances, throwback movies, and kids' shows. Across the street, Nightshade and Dark’s Pandemonium Brewing offers an LGBTQ-friendly atmosphere with drag shows, 80s nights, and food trucks. The area also features the Instagram-famous Hair Culture studio and the Lucky Scottie Restaurant, a bar and gaming spot with live music. Art enthusiasts can enjoy the monthly Art Wauk event, showcasing local art in galleries and murals. Parks like Bradbury Park, named after author Ray Bradbury, and Besley Park, with its playground and community garden, provide green spaces. The Waukegan Harbor & Marina and Waukegan Municipal Beach offer water-related activities near Lake Michigan. The neighborhood is highly walkable, with a 15-minute walk to the Metra station for a one-hour trip to downtown Chicago. For drivers, Interstate 94 is about 6 miles west. Despite the presence of three Superfund sites, ongoing remediation efforts are in place. The local schools, part of Waukegan Community Unit School District 60, have average ratings.

Learn more about living in Downtown Waukegan

Frequently Asked Questions

Is Downtown Waukegan a good place to live?
Downtown Waukegan is a good place to live. Downtown Waukegan is considered fairly walkable and somewhat bikeable with some transit options. Downtown Waukegan has 14 parks for recreational activities. It has a median age of 36. The average household income is $50,232 which is below the national average. College graduates make up 20.2% of residents. A majority of residents in Downtown Waukegan are renters, with 81.4% of residents renting and 18.6% of residents owning their home. A local real estate agent serving Downtown Waukegan can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Waukegan neighborhood guide.
Is Downtown Waukegan, IL a safe neighborhood?
Downtown Waukegan, IL is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Downtown Waukegan?
The median home price in Downtown Waukegan is $100,000. If you put a 20% down payment of $20,000 and had a 30-year fixed mortgage with an interest rate of 6.76%, your estimated principal and interest payment would be $520 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $22K a year to afford the median home price in Downtown Waukegan. The average household income in Downtown Waukegan is $50K.
What are the best public schools in Downtown Waukegan?
The best public schools that serve Downtown Waukegan are:
What are the best private schools in Downtown Waukegan?
The best private schools that serve Downtown Waukegan are:
What are the most popular zip codes in Downtown Waukegan, Waukegan, IL?
The most popular zip codes in Downtown Waukegan, Waukegan, IL include 60010, 60047, 60062, 60002 and 60060.
What are the most popular neighborhoods near Downtown Waukegan, Waukegan, IL?
The most popular neighborhoods near Downtown Waukegan, Waukegan, IL are Washburn Springs, Waukegan Gardens, Uptown, Oakland and Washington Heights Acres.
Are home prices dropping in Downtown Waukegan?
Yes, home prices in Downtown Waukegan are down 28% in the last 12 months.

Home Trends in Downtown Waukegan, IL

On average, homes in Downtown Waukegan, Waukegan sell after 6 days on the market compared to the national average of 47 days. The average sale price for homes in Downtown Waukegan, Waukegan over the last 12 months is $145,000, down 28% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)
$145,000
Median Single Family Price
$145,000
Average Price Per Sq Ft
$87
Last 12 months Home Sales
3
Median List Price
$100,000
Median Discount From 1st List Price
-35%
Median Home Sale Price YoY Change
-28%
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