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1425 10th Street
Waukegan IL 60085 US

$519,000

Active Listing ID 12624199
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8 bed
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5.00 Bath (5 Full)
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Lot: 0.70 Acres
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Other

$519,000

Active Listing ID 12624199
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1425 10th Street Solid 5-unit investment property with all units currently occupied and producing consistent income. The building brings in $5, 700/month ($5, 425 in rents + $275 from laundry) with a current NOI of $44, 250. Rents are below market, giving the next owner a clear opportunity to increase cash flow over time without needing a heavy lift. Major updates already taken care of, including a new roof and a boiler and water heater both under 10 years old, helping limit near-term capital expenses. This is a strong option for an investor looking for a stable, already-performing property with upside still left in it. On-site laundry adds an additional income stream, and the property is straightforward to manage in its current condition. Whether you plan to hold long-term or gradually raise rents and improve returns, there's room to execute your strategy here. Rent roll and financials available in documents.

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Property Features

  • Facts
  • Lot Size: 0.70 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 519000
  • unparsedaddress: 1425 10th Street
  • postalcity: Waukegan
  • stateorprovince: IL
  • country: US
  • postalcode: 60085
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.7048
  • lotsizeunits: Acres
  • lotsizearea: 0.7048
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 42.340852
  • longitude: -87.849639
  • listagentfullname: Brandon Aranda
  • listagentemail: brandon4salerealty@gmail.com
  • listagentkey: 3yd-MREDIL-258767
  • listagentmlsid: 258767
  • listagentpreferredphone: (847) 601-9359
  • listagentofficephone: 8476019359
  • listofficekey: 3yd-MREDIL-26778
  • listofficemlsid: 26778
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1935
  • listingcontractdate: 2026-04-22
  • listagenturl: http://www.4SaleRealtyAdvantage.com
  • countyorparish: Lake
  • parcelnumber: 08322030030000
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 4, Bedroom 2, Bedroom 5, Bathroom 2, Bathroom 5, Bedroom 7, Bedroom 8, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 6, Bathroom 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.84964, 42.34085
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"4 Sale Realty Advantage, Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"brandon4salerealty@gmail.com", "ListBrokerageCity":"Grayslake", "ListBrokerageCountry":"US", "ListBrokerageEmail":"dan@dnierman.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"4 Sale Realty Advantage, Inc", "ListBrokeragePhone":"(847) 601-9359", "ListBrokeragePostalCode":"60030", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1365 Locust Ct", "ListBrokerageWebsiteUrl":"http://www.4SaleRealtyAdvantage.com", "ListOfficeAddress1":"1365 Locust Court ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"26778", "ListOfficeCity":"Grayslake", "ListOfficeCountry":"US", "ListOfficeEmail":"dann4sr1@comcast.net", "ListOfficePostalCode":"60030", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Waukegan, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1425-10th-St_Waukegan_IL_60085_M72490-20908?f=listhub&s=MREDIL&m=12624199&c=rexren", "MLSModificationTimestamp":"2026-04-23 19:56:03", "Neighborhoods":[{"Description":null, "Name":"Park City / Waukegan"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8274, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/23/2026 8:08:02 PM GMT
Source Updated Date: 4/26/2026 8:22:21 PM GMT

Courtesy of: Brandon Aranda, 4 Sale Realty Advantage LLC, brandon4salerealty@gmail.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.