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$199,900 Just Listed
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Property Description
Opportunity awaits with this 3-bedroom, 2-bath home featuring a 1-car garage, offering a great chance for investors, renovators, or buyers looking to build sweat equity. This property has solid bones and a functional layout, making it an excellent candidate for renovation and value-add improvements. The spacious, fully fenced backyard offers plenty of room for outdoor enjoyment and includes a concrete patio area ideal for grilling, entertaining, or creating your own outdoor living space. The basement adds valuable additional living space, featuring a family room, laundry area, and a second full bathroom, providing flexibility for recreation space, guests, or future updates. While the home does need repairs and updates, the potential here is undeniable for someone with vision. Whether you're an investor searching for your next project, a flipper, or a buyer looking to customize a home to your style, this property presents a fantastic opportunity to add value. Bring your ideas and transform this house into something special!This sale is based on the completion of a prior transaction.
Full Property Details
Full Property Details for 1241 S Elmwood Ave
General
- Price: $199,900
- Taxes: $3,564 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12593256
- Updated: 3/16/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: Finished, F
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Concrete, Yes, Garage Owned, Attached, Garage
Location
- Area: Park City / Waukegan
- County: Lake
- Township: Waukegan
- Subdivision: Lyons Acres
- Driving Directions: 14th and Lewis East to Elmwood North to number
School Information
- School District: 60
- Elem School District: 60
- Midd School District: 60
- High School District: 60
- Elementary School: Andrew Cooke Magnet Elementary S
- Middle School: John R. Lewis Middle School
- High School: Waukegan High School
- Private School: Waukegan High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Bi-Level
- Architectural Style: Bi-Level
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Blinds
- Doors: Storm Door(s)
- Square Feet: 1,056
- Sq. Ft. Source: Assessor
- Year Built: 1962
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.158
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 51 x 134
- Fence: Yes
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1962
- Tax Amount: $3,564.18
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 8322150180000
Listed by O'Neil Property Group, LLC
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Schools
Schools serving 1241 S Elmwood Ave
School District:Waukegan Community Unit School District 60
| Name | Grades | Distance |
|---|---|---|
Clearview Elementary School 1700 Delaware Rd, Waukegan, IL 60087 | K-5 | 3.3 mi |
Thomas Jefferson Middle School, Waukegan, IL 600 South Lewis Avenue, Waukegan, IL 60085 | 6-8 | 0.8 mi |
Waukegan High School 1011 Washington Street, Waukegan, IL 60085 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1241 S Elmwood Ave
Date
Details
Price
Change
Source
3/16/2026
Listed
$199,900
—
MLS
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
Tax History for 1241 S Elmwood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,328
-9%
$49,909
14%
2023
$3,667
6%
$43,965
—
2022
$3,462
—
$44,017
11%
2021
$3,462
-17%
$39,766
7%
2020
$4,163
—
$37,047
9%
2019
$4,158
15%
$33,947
23%
2018
$3,608
6%
$27,501
5%
2017
$3,415
-2%
$26,274
9%
2016
$3,485
-2%
$24,205
12%
2015
$3,571
30%
$21,664
-13%
2014
$2,740
7%
$24,828
50%
2013
$2,563
-15%
$16,540
-35%
2012
$3,012
—
$25,330
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1241 S Elmwood Ave
1241 S Elmwood Avenue, Waukegan, IL 60085 (MLS# 12593256) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1241 S Elmwood Avenue is currently listed for $199,900 and was received on March 16, 2026. Want to learn more about 1241 S Elmwood Avenue? Do you have questions about finding other Single Family real estate for sale in Waukegan? You can browse all Waukegan real estate or contact a Coldwell Banker agent to request more information.

