512 Powell Avenue

Waukegan IL 60085

Multi-Family

Last sold for $263,097

Rocio Mena, last sold this property on 10 October 2025 after -1 days on market.

Overview

Multi-family gem in Waukegan's South Sheridan area, this two unit flat featuring 2 bedrooms on the 1st floor and 3 bedrooms on the 2nd floor in a generous lot with detached garage. Features forced-air gas heating, central cooling, and all essential appliances. Live in one unit and rent the other! Generate passive income while maintaining comfortable owner-occupancy. Excellent cash flow potential and strong local demand. Whether you're a seasoned investor or first-time buyer, this property offers a smart path to income and equity. Don't miss it!

Features

5 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in Waukegan over the last 12 months, the estimated median property value of 512 Powell Avenue is $250k.

Median value

$250k

Estimated value range

$215k - $312k

Median days on market

Estimated value trend

15%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Waukegan. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 512 Powell Avenue

2025

Sold

$263,097

10 Oct 2025 by Rocio Mena, of Homesmart Connect LLC

2008

Sold

$71,500

31 Oct 2008 by Timothy Blomquist, of KEY REALTY, INC.

Happy sellers in Waukegan

We have insufficient information to provide an overview of customer satisfaction for Waukegan. Viewing the agent profiles, reviews and sales for Waukegan can provide insights for this location.