1007 8th Street, Waukegan, IL 60085
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes



1007 8th Street,Waukegan, IL 60085
$540,000
- 14 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:nazar mula
Office:komar
MLS#:12429828
Source:MLSNI
Price summary
- Price:$540,000
About this home
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.
Contact an agent
Home facts
- Year built:1940
- Listing Id #:12429828
- Added:9 day(s) ago
- Updated:August 13, 2025 at 07:45 AM
Rooms and interior
- Bedrooms:14
- Total bathrooms:5
- Full bathrooms:5
Heating and cooling
- Heating:Baseboard, Electric, Forced Air, Individual Room Controls, Natural Gas, Radiant, Radiator(s), Sep Heating Systems - 2+, Zoned
Structure and exterior
- Year built:1940
- Lot area:0.17 Acres
Schools
- High school:Waukegan High School
- Middle school:John R. Lewis Middle School
- Elementary school:Carman-Buckner Elementary School
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$540,000
- Tax amount:$8,516 (2024)
New listings near 1007 8th Street
- New$240,000Active4 beds 2 baths1,536 sq. ft.
802 Pine Street, Waukegan, IL 60085
MLS# 12444259Listed by: FREEDOM REALTY - New$194,500Active2 beds 1 baths916 sq. ft.
215 Judge Avenue, Waukegan, IL 60085
MLS# 12442766Listed by: CORE REALTY & INVESTMENTS INC. - New$169,000Active2 beds 1 baths
216 Liberty Street, Waukegan, IL 60085
MLS# 12444532Listed by: HOMESMART CONNECT LLC - New$29,999Active0.67 Acres
12538 W Southview Avenue, Waukegan, IL 60085
MLS# 12443836Listed by: PLATLABS, LLC - New$219,900Active4 beds 2 baths1,120 sq. ft.
241 N Ash Street, Waukegan, IL 60085
MLS# 12442856Listed by: HOMESMART CONNECT - New$175,000Active3 beds 1 baths1,664 sq. ft.
339 W Glen Flora Avenue, Waukegan, IL 60085
MLS# 12442569Listed by: KELLER WILLIAMS NORTH SHORE WEST - New$199,700Active4 beds 2 baths
419 N Ash Street, Waukegan, IL 60085
MLS# 12442608Listed by: RE/MAX PLAZA - $295,000Pending4 beds 3 baths2,012 sq. ft.
339 N Pioneer Road, Waukegan, IL 60085
MLS# 12442467Listed by: COMPASS - New$289,700Active4 beds 2 baths2,085 sq. ft.
726 North Avenue, Waukegan, IL 60085
MLS# 12442106Listed by: RE/MAX PLAZA - $264,999Pending3 beds 2 baths1,025 sq. ft.
2001 Devonshire Road, Waukegan, IL 60087
MLS# 12418510Listed by: COLDWELL BANKER REALTY