$200,000

224 S Lincoln Avenue, Waukegan, IL 60085

Active Under Contract
5 beds 0 baths 2,476 sqft (assessor) Built 1910 Residential MLS #MRD12719151 11 days on market
Listing courtesy of Freedom Realty · 847-596-2000 · Tomas@Tomasgomez.com · MLS #MRD12719151 · Status: Active Under Contract
Great Potential with Endless Possibilities! This spacious two-story home offers incredible potential for the right buyer. The first floor features a generously sized living room, a separate dining room, a kitchen, two bedrooms, and a full bathroom. Upstairs, you'll find three additional bedrooms, a second full bathroom, and a versatile loft that can be used as a home office, playroom, or additional living space. Additional features include a full basement, a walk-up attic, and a detached two-car garage, providing plenty of storage and expansion possibilities. The property is in need of updating and is being sold as is, making it an excellent opportunity for investors, rehabbers, or buyers looking to customize a home to their own style. Don't miss the chance to bring your vision to life!

Property details

Interior

Basement
Unfinished, Full
Additional rooms
Bedroom 5, Office, Loft
Total rooms
10

Building & exterior

Style
Traditional
Age
100+ Years
Exterior
Vinyl Siding
Roof
Asphalt
Exposure
East

Parking

Garage spaces
2
Total spaces
2
Parking details
Asphalt, Yes, Garage Owned, Detached, Garage

Lot & location

Lot dimensions
54X119
Township
Waukegan
County
Lake

Utilities

Heating
Natural Gas, Steam
Cooling
None
Water
Public
Sewer
Public Sewer
Electricity
Circuit Breakers

HOA & community

Assessment includes
None

Schools

Elementary
(60)
Junior high
(60)
High school
(60)

Taxes & terms

Annual taxes
$5,604 (2025)
Parcel number (PIN)
08213180120000
PIN
08213180120000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
7/31/2026

Rooms

RoomSizeLevelFlooring
Bedroom 510X08MainVinyl
Office11X09Second
Loft11X09Second
Bedroom 213X10MainVinyl
Bedroom 313X12SecondVinyl
Bedroom 412X10MainVinyl
Dining Room15X13MainHardwood
Family RoomN/A
Kitchen14X11MainLaminate
LaundryN/A
Living Room16X13MainHardwood
Master Bedroom13X13SecondVinyl

What would this home cost per month?

Using this listing's actual tax bill (2025) — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

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$239,000
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Want to see this home?

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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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