ClosedPrice Reduced

$235,000

$275,000
400 Ravine Avenue, Waukegan, IL 60085
5 Beds3 Baths188 days
400 Ravine Avenue·Waukegan, IL 60085
5Bedrooms
3Bathrooms
1940Year Built
About This Home

MOTIVATED SELLER is ready to make a deal for this unique opportunity to own a 2-unit building that also includes a Coach house in the rear that is legally recognized by the City. Long term tenants are consistent and they also help to maintain the outside (grass, snow). Each unit has separate gas, electric, and water meters. There is additional space in the basement that can be used for storage. Plenty of parking options, driveway, and on the street. Come see a money maker from any point of view, owner occupant or investor. 4 hour notice

MLS# 11678630Listed November 26, 2022Residential Income
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms3
Total Rooms8

Size & Structure

Year Built1940
Lot Size0.250 acres

Location

CountyLake
TownshipWaukegan
Zip Code60085

Financial

List Price$235,000
Original Price$275,000
Annual Taxes (2021)$6,772
Monthly Tax Est.$564
Parcel #08282210300000
Interior Features

Heating

Natural Gas

Basement

Partially FinishedPartial
Exterior & Lot

Construction

Insulation Brick

Roof

Asphalt

Foundation

Block

Lot Features

Level
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Off AlleyOff StreetDrivewayOn SiteOwned
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$6,772
Tax Year 2021
Monthly Tax Est.
$564
per month
Price Reduced by $40,000
Original list price: $275,000
Property Location

400 Ravine Avenue, Waukegan, IL 60085Lake County

$235,000
400 Ravine Avenue
5 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
188 days on market
0.250 acres
$6,772/yr taxes
Price reduced $40,000
$1,799
estimated monthly payment
Principal & Interest
$1,235/mo
Property Tax
$564/mo
$235,000
20% — $47,000
3%50%
6.875%
3%12%
Loan Amount
$188,000
Down Payment
$47,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
ARNI Realty Incorporated
Agent: James Harris
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Waukegan and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. 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.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.