Lorraine Terrace

Lorraine Terrace is a single-family home community in Waukegan, Illinois built in 1948. Everything below comes straight from the MLS and updates hourly.

1948Years built

1,048–1,250 sqftHome sizes

$4,209Avg annual property tax

Waukegan High SchoolHigh school

Schools typically serving Lorraine Terrace: Hyde Park Elementary School · Miguel Juarez Middle School · Waukegan High School (assignments can vary by address — always verify with the district)

Live from the MLS

Homes for sale in Lorraine Terrace, Waukegan

Updated 8/25/2026 9:23 PM CDT · Listings courtesy of MRED as distributed by MLS GRID

0Active listings

0Under contract

2Sold, last 6 months

$257,900Median sale price (6 mo)

78Avg days on market

101.1%Sale-to-list ratio

Thinking of selling here? 2 homes closed in Lorraine Terrace, Waukegan in the last 6 months at a median of $257,900. Get your free valuation →

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

Based on information submitted to the MLS GRID as of 8/25/2026 9:23 PM CDT. 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. Properties displayed may be listed or sold by various participants in the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Use of this site's search and display of listing data is subject to our Terms of Use. Some listings have been excluded from this website.

Recent sales in Lorraine Terrace

Address	Beds / Baths	Sold	Price
505 Lorraine Avenue	3 bd / 1 ba	Jun 2026	$257,900
Address withheld	2 bd / 1 ba	Apr 2026	$275,000

Sold data courtesy of MRED as distributed by MLS GRID; properties may be listed or sold by various participants in the MLS.

🔍 Heads up: Listing agents don’t always tag a home with its subdivision in the MLS, so some Lorraine Terrace homes may only appear in the broader Waukegan results. See every Waukegan listing →

🏠 Thinking about Lorraine Terrace? We’ve been selling here for 26 years — including off-market and Private Listing Network homes that never reach public sites. Talk to Dawn & Josh →