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515 May Street, 
Waukegan, IL 60085

$239,900


5

Beds


2

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Katelyn Garcell

Real Broker, LLC.

Last updated:

December 20, 2025, 11:58 AM

MLS#

12534517

Source:

MLSNI

About This Home

515 May Street

Rare Opportunity in Waukegan! This unique two-homes-on-one-lot property, offers outstanding flexibility for investors or owner-occupants. Ideal for those looking to live in one home while renting the other, or for multi-generational living with separate residences on one parcel. The main home is a two-story residence featuring 3 bedrooms and 1.5 bathrooms, a spacious living room, separate dining area, and a full basement, providing excellent storage. The second home offers 2 bedrooms and 1 bathroom and is currently tenant-occupied, offering immediate rental income. A versatile property with long-term potential-perfect for expanding your portfolio or creating a smart living arrangement. Main home has new roof & siding (2025)! Schedule your showing today!

Home Facts

Multi-Family

2 Baths

5 Bedrooms

Built in 1915

Price Summary

239,900

MLS #:

12534517

Last Updated:

December 20, 2025, 11:58 AM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1


Structure

Structure

Year Built:

1915


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$239,900

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