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10-12 N Park Avenue, 
Waukegan, IL 60085

$479,000


8

Beds


4

Baths


-

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Jinhee Yang

Baird & Warner

Last updated:

February 17, 2026, 11:52 AM

MLS#

12543091

Source:

MLSNI

About This Home

10-12 N Park Avenue

Income-producing side-by-side duplex offering rare three levels of living space per unit, ideal for investors or owner-occupants. Excellent house-hacking opportunity - live in one unit while generating rental income from the other. Current rents are below market value, reflecting long-term, high-quality tenants and providing future upside potential. Both units are currently occupied, with tenants interested in remaining. Tenant is responsible for water. Each unit features 3 bedrooms, 2 full bathrooms, plus a third-floor bonus room, enhancing rental appeal and flexibility. The main level includes a living room, dining room, and open-concept kitchen. The side-by-side configuration minimizes shared walls, offering increased privacy and reduced noise transfer. Separate utilities for each unit include electric, furnace, central A/C, and water heater. New central A/C installed in July 2022. Recent improvements include windows, roof, gutters, soffits, and fascia (2022). Newer appliances (2025) installed at 12 N Park Ave, sewer line professionally addressed (2025), and units have been well maintained, helping minimize near-term capital expenses. The property features strong curb appeal, two separate private driveways providing ample parking, and full unfinished basements for each unit. Located in a quiet residential setting with convenient access to restaurants, major highways, Gurnee Mills, Six Flags, Wisconsin access, downtown Chicago, casinos, hospitals, city hall, police station, and just steps from Ray Bradbury Park. Rare opportunity offering strong rental demand, flexibility, and long-term investment potential.

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1910

Price Summary

479,000

MLS #:

12543091

Last Updated:

February 17, 2026, 11:52 AM

Added:

6 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4


Structure

Structure

Architectural Style:

Colonial

Year Built:

1910


Finances & Disclosures

Finances

Price:

$479,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.