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$263,097
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Property Description
Multi-family gem in Waukegan's South Sheridan area, this two unit flat featuring 2 bedrooms on the 1st floor and 3 bedrooms on the 2nd floor in a generous lot with detached garage. Features forced-air gas heating, central cooling, and all essential appliances. Live in one unit and rent the other! Generate passive income while maintaining comfortable owner-occupancy. Excellent cash flow potential and strong local demand. Whether you're a seasoned investor or first-time buyer, this property offers a smart path to income and equity. Don't miss it!
Full Property Details
Full Property Details for 512 Powell Ave
General
- Sold For: $263,097
- Taxes: $5,665 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12447591
- Added to Site: 98 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: On Site, Garage Owned, Detached, Garage
- Parking On-Site: Yes
Location
- Area: Park City / Waukegan
- County: Lake
- Driving Directions: Lewis and Belvidere East to Powell South to Number
School Information
- School District: 60
- Midd School District: 60
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Partially Finished, Full
- Year Built: 1910
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 135 x 50
Financial Considerations
- Assessment Year: 1910
- Tax Amount: $5,665
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 8281180160000
Listed by HomeSmart Connect LLC
Sold by @properties Christie's International Real Estate
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Schools
Schools serving 512 Powell Ave
School District:Waukegan Community Unit School District 60
| Name | Grades | Distance |
|---|---|---|
Carman-Buckner Elementary School 520 Helmholz Avenue, Waukegan, IL 60085 | K-5 | 0.3 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 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 512 Powell Ave
Date
Details
Price
Change
Source
10/10/2025
Sold
$263,097
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
512 Powell Avenue, Waukegan, IL 60085 (MLS# 12447591) is a Multi-Family property that was sold at $263,097 on October 10, 2025. Want to learn more about 512 Powell Avenue? Do you have questions about finding other Multi-Family real estate for sale in Waukegan? You can browse all Waukegan real estate or contact a Coldwell Banker agent to request more information.

