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706 Martin Luther King Drive, Waukegan, IL 60085

Lake County

Key Facts

6Beds
2Baths

Description

EXCELLENT 2-Flat Opportunity! Don't miss this versatile property-perfect for owner-occupants or investors. The building is NOW completely vacant and ready for move in OR rentals! BOTH units have been remodeled! Don't miss this opportunity. Building is being sold as is. NO FHA

Property Information

Property Type

Residential Income

Sub-Type

Multi Family

Lot Dimensions

6504

Parking Spaces

4

Ownership

Fee Simple

Days on Market

141

MLS® Listing#

12449570

Property Features

Heating

Natural Gas

Basement

UnfinishedFull

Construction

Aluminum Siding

Sewer

Public Sewer

Financial Details

Annual Taxes

$5,311

Tax year 2024

Parcel Number

08284130110000

Directions

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Affordability Calculator

$59,800

Estimated monthly payment

$1,591/mo

Principal $239,200 · Est. interest $333,705 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Waukegan, IL

$291,176
Median Listing Price
26
Median Days on Market
1,541
Median Sq Ft
$185
Median Price / Sq Ft
47
Active Listings
  • This home’s price is 3% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Waukegan, IL.

Location

Map showing the location of 706 Martin Luther King Drive, Waukegan, IL 60085

Points of Interest in Waukegan, IL

Showing the Waukegan area map.

Nearby Schools

  • Carman-Buckner Elementary School

    Elementary · 0.3 mi away

  • St Martin de Porres High School

    Secondary · 0.4 mi away

  • Cristo Rey St Martin College Prep

    School · 0.4 mi away

  • Andrew Cooke Magnet School

    Elementary · 0.6 mi away

  • Evelyn Alexander School

    Elementary · 0.7 mi away

  • AOEC Stephens' Center

    School · 0.9 mi away

  • Waukegan High School

    Secondary · 1.0 mi away

  • Lyon Magnet School

    Elementary · 1.1 mi away

  • John R. Lewis Middle School

    Secondary · 1.2 mi away

  • Most Blessed Trinity Academy

    School · 1.2 mi away

  • Miguel Juarez Middle School

    Secondary · 1.4 mi away

  • Novak-King Middle School

    School · 1.5 mi away

  • North Elementary School

    Elementary · 1.6 mi away

  • Hyde Park Elementary School

    Elementary · 1.6 mi away

  • North Chicago Community High School

    Secondary · 1.6 mi away

  • Lions Math & Science Christian Academy

    School · 1.6 mi away

  • Washington Elementary School

    Elementary · 1.6 mi away

  • Neal Math Science Academy

    School · 1.9 mi away

  • Waukegan High School

    Secondary · 1.9 mi away

  • North Chicago Cusd

    School · 2.0 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
320 S Martin Luther King Jr Avenue, Waukegan, IL$360,000522,304
1608 Henry Place, Waukegan, IL$361,700532,862

Moving Cost Estimate

EXIT Agents in Waukegan

Midwest Real Estate Data logo

Listing Courtesy: PRS Realty LLC - 8473377782

Based on information submitted to the MLS GRID as of 2025-08-18. 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: 2025-08-18

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Chicago Association of Realtors. MLS® Listing#12449570. © 2026EXIT Realty®. All rights reserved.