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$257,900
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Property Description
Move-in ready 3 bedroom & 1 bathroom cape cod. Main floor has hardwood floors throughout most of the rooms including the living room & 2 bedrooms. Eat-in kitchen. 1st floor full bath. 2nd floor private 3rd bedroom with hardwood floors & 2 closets. All bedrooms have ceiling fans.Large basement family room with bar. Basement utility room with washer & dryer. Private back yard with extra-large 2-car heated garage off rear alley. Come visit your new home today!
Full Property Details
Full Property Details for 505 Lorraine Ave
General
- Sold For: $257,900
- Taxes: $3,870 (2024)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12564215
- Added to Site: 150 day(s) ago
Interior
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath, Walk-In Closet(s)
- Appliances: Range, Microwave, Refrigerator, Washer, Dryer
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Off-Alley, Heated Garage, Yes, Garage Owned, Detached, Garage
Location
- Area: Park City / Waukegan
- County: Lake
- Subdivision: Lorraine Terrace
- Driving Directions: Lewis & Lydia East to Lorraine South to Address
School Information
- School District: 60
- Midd School District: 60
- Elementary School: Hyde Park Elementary School
- Middle School: Miguel Juarez 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: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Architectural Style: Cape Cod
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement Desc.: Partially Finished, Full
- Sub-Flooring: Hardwood
- Square Feet: 1,048
- Sq. Ft. Source: Assessor
- Year Built: 1948
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 5750
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1948
- Tax Amount: $3,870.2
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 8202120040000
Listed by Chase Real Estate LLC
Sold by Baird & Warner
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Schools
Schools serving 505 Lorraine Ave
School District:Waukegan Community Unit School District 60
| Name | Grades | Distance |
|---|---|---|
Hyde Park Elementary School 1525 Hyde Park Avenue, Waukegan, IL 60085 | K-5 | 0.2 mi |
Miguel Juarez Middle School 201 North Butrick Street, Waukegan, IL 60085 | 6-8 | 0.4 mi |
Waukegan High School 1011 Washington Street, Waukegan, IL 60085 | 9-12 | 0.7 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 505 Lorraine Ave
Date
Details
Price
Change
Source
6/26/2026
Sold
$257,900
-0.77%
MLS
5/15/2026
Price Reduced
$259,900
-1.89%
MLS
5/02/2026
Price Reduced
$264,900
-1.12%
MLS
4/16/2026
Price Reduced
$267,900
-0.74%
MLS
4/03/2026
Price Reduced
$269,900
-1.82%
MLS
3/19/2026
Price Reduced
$274,900
-1.08%
MLS
2/26/2026
Price Reduced
$277,900
-0.71%
MLS
2/09/2026
Listed
$279,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
505 Lorraine Avenue, Waukegan, IL 60085 (MLS# 12564215) is a Single Family property that was sold at $257,900 on June 26, 2026. Want to learn more about 505 Lorraine 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.

