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2511 Western Avenue Waukegan, IL 60087 Multi Unit - Multiple Active

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Description

GREAT OPPORTUNITY TO OWN AN UPDATED 2-FLAT IN NORTHERN WAUKEGAN! Both units are currently rented, making this a great investment opportunity! Each unit features 2 bedrooms and 1 full bathroom, along with newer luxury vinyl flooring throughout. The property also offers a shared full basement with laundry hookups, private driveway parking, and several major updates already completed, including both hot water heaters replaced in 2022, newer furnaces in 2024, and a new roof in 2025. Located across from Western Tot Lot and close to the bike path, this property offers convenience, updates, and steady rental income potential. A must-see investment property!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: Lake
High School: Waukegan High School
Listed By:
RE/MAX Plaza 815-385-6770
MRED MLS
$330,000
Est. $2,163/mo
4beds
2baths
Active
BEDS4 BATHS2 full MLS#12655270
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 60

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Ruhl&Ruhl Realtors
563.441.1776

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2511 Western Avenue, Waukegan, IL 60087.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $330,000$330,000$330,000
Down Payment $66,000$11,550$82,500
Monthly Mortgage Amount $1,604$1,995$2,039
Taxes $459$459$459
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$145$0
Monthly Estimated Total $2,163$2,699$2,598

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