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$399,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Total Beds
  • 2 Car Garage
  • Updated 2 days ago
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Located at the end of a quiet residential street, this well-kept duplex offers privacy, strong tenant appeal, and a prime location. Each unit lives independently with separate HVAC systems, furnaces, water heaters, in-unit washers and dryers, and updated copper plumbing. Tenants also benefit from garages and separate driveways, adding convenience and value. A new roof was installed in 2022, helping reduce future capital expenses. Just two blocks from Bangs Lake Beach and two blocks from the Millennium Trail, the property combines peaceful surroundings with easy access to outdoor recreation. Landlord currently covers lawn care, water, sewer, and garbage service, making this an attractive, low-maintenance investment.

Full Property Details for 505-507 Woodland Ave

General

  • Price: $399,000
  • Taxes: $7,633 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12557574
  • Updated: 2/2/2026
  • Added to Site: 2 day(s) ago

Interior

  • Basement: Crawl Spac

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Equipment: Carbon Monoxide Detectors, Ceiling Fan(s)
  • Other Features: School Bus Service

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: Wauconda
  • County: Lake
  • Township: Wauconda
  • Driving Directions: Rt 176 to East edge of town, N on Woodland Ave to end.

School Information

  • School District: 118
  • Elem School District: 118
  • Midd School District: 118
  • High School District: 118

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick, Cedar
  • Exterior Const.: Brick, Cedar
  • Basement: Yes
  • Basement Desc.: Crawl Space
  • Year Built: 1972
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 100 x 200

Financial Considerations

  • Assessment Year: 1972
  • Tax Amount: $7,633
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 9252030140000

Listed by Listing Leaders Northwest, Inc

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— 505-507 Woodland Ave —

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Price & Sales History for 505-507 Woodland Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/02/2026
Listed
$399,000
46.15%
MLS
7/26/2021
Sold
$273,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 505-507 Woodland Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,707
—
$85,807
9%
2023
$7,682
4%
$78,434
11%
2022
$7,363
3%
$70,402
6%
2021
$7,154
4%
$66,524
5%
2020
$6,902
8%
$63,404
6%
2019
$6,377
1%
$59,923
9%
2018
$6,343
—
$55,121
1%
2017
$6,338
6%
$54,483
6%
2016
$5,980
21%
$51,594
9%
2015
$4,946
-12%
$47,364
—
2014
$5,645
-3%
$47,364
-9%
2013
$5,807
2%
$52,208
-11%
2012
$5,669
—
$58,982
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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505-507 Woodland Avenue, Wauconda, IL 60084 (MLS# 12557574) is a Multi-Family property with 2 units containing 3 bedrooms and 0 full bathrooms. 505-507 Woodland Avenue is currently listed for $399,000 and was received on February 02, 2026. Want to learn more about 505-507 Woodland Avenue? Do you have questions about finding other Multi-Family real estate for sale in Wauconda? You can browse all Wauconda real estate or contact a Coldwell Banker agent to request more information.

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