SoldSep 12, 2025

Listed by Nazar Mula from KOMAR

Bought with Jaely Pratt from Keller Williams Innovate - Aurora

Source: Midwest Real Estate Data, LLC #12429828

1007 8th Street, Waukegan, IL, 60085

$485,000

14
5
8
0.17 ac.

MultiFam

6 days on the market

Sold: Sep 12, 2025

What's around 1007 8th Street

About this property

HIGH cash-flowing investment opportunity - ideal for owner-occupants, first-time, or seasoned investors. ***Rental income and NOI do not include the 4th unit, which was owner-occupied. Fully rented, the potential gross income is $7,365/month with a projected NOI of $82,000+. Strong potential to increase rents.*** Three out of four units have been fully rehabbed, featuring new flooring, paint, cabinets, bathrooms, and appliances. All units are equipped with new window A/C units and keypad locks on every door for added convenience and security. 4 new water heaters. Copper pipes and PVC drainage throughout the whole building. Additional storage and possibility of coin laundry for additional income. All windows were changed in the past 5 years. Private driveway parking accommodates 8 vehicles. AS-IS sale.

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