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$272,200

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 2 Full Baths
  • 1,722 Sq. Ft.
  • Updated 7 days ago
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Experience a vibrant lifestyle surrounded by culture, music, cuisine, and energy in this truly unique location. Where historic charm meets contemporary elegance, this thoughtfully renovated two-story treasure offers ample space with 5 bedrooms, 2 bathrooms, and over 1,700 square feet of sun-drenched living. Enjoy peace of mind with recent upgrades throughout: brand-new exterior siding, gutters, and windows; a sleek modern kitchen featuring 2021 countertops, cabinets, appliances, and sink; fully remodeled bathrooms from top to bottom; and fresh luxury vinyl tile and carpet flooring. Just blocks from North Beach, Stewart Park, the Waukegan History Museum, Jack Benny Center, Genesee Theatre, Bowen Park, and an abundance of downtown restaurants, shops, bars, and entertainment venues-this location is simply unmatched.

Full Property Details for 547 S Martin Luther King Jr Ave

General

  • Price: $272,200
  • Taxes: $4,271 (2023)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12503383
  • Updated: 1/11/2026
  • Added to Site: 69 day(s) ago

Interior

  • Basement: Unfinished
  • Interior Features: 1st-Floor Bedroom, 1st-Floor Bath, Walk-In Closet(s), Granite Counters
  • Appliances: Range, Microwave, Refrigerator
  • Flooring: Carpet

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Soaking Tub

Bedrooms

  • Total Bedrooms: 5

Parking

  • Garage: Yes
  • Total Spaces: 6
  • Parking Features: Concrete, Dirt Driveway, Off-Alley, Side Driveway, Off-Street, Driveway, Additional Parking, Alley Access, Direct Access, Garage Faces Side, Yes, Other

Location

  • Area: Park City / Waukegan
  • County: Lake
  • Township: Waukegan
  • Driving Directions: Sheridan Rd to South Ave. West to Martin Luther King JR. South to property.

School Information

  • School District: 60
  • Elem School District: 60
  • Midd School District: 60
  • High School District: 60

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Aluminum Siding, Vinyl Siding, Steel Siding
  • Exterior Const.: Aluminum Siding, Vinyl Siding, Steel Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Roof: Asphalt
  • Windows: Double Pane Windows
  • Sub-Flooring: Carpet
  • Square Feet: 1,722
  • Sq. Ft. Source: Assessor
  • Built Before 1978: Yes
  • Remodeled/Updated: 2021

Lot Features

  • Lot Size (Acres): 0.1378
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 6004

Financial Considerations

  • Parking Included: Yes
  • Tax Amount: $4,271
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 8282230050000

Listed by eXp Realty

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Listing agent

— 547 S Martin Luther King Jr Ave —

  • eXp Realty

(847) 401-5421

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 547 S Martin Luther King Jr Ave

School District:Waukegan Community Unit School District 60
NameGradesDistance
Carman-Buckner Elementary School
520 Helmholz Avenue, Waukegan, IL 60085
K-50.3 mi
Thomas Jefferson Middle School, Waukegan, IL
600 South Lewis Avenue, Waukegan, IL 60085
6-81.2 mi
Waukegan High School
1011 Washington Street, Waukegan, IL 60085
9-120.8 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 547 S Martin Luther King Jr Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$272,200
-1.8%
MLS
12/01/2025
Price Reduced
$277,200
-1.7%
MLS
11/11/2025
Listed
$282,000
354.84%
MLS
9/29/2020
Sold
$62,000
—
Public Record
Get Price Alerts and Save Property
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 547 S Martin Luther King Jr Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,165
20%
$49,217
12%
2023
$3,472
13%
$44,064
28%
2022
$3,082
7%
$34,448
17%
2021
$2,893
-1%
$29,566
16%
2020
$2,911
—
$25,517
9%
2019
$2,911
55%
$23,383
65%
2018
$1,879
5%
$14,159
13%
2017
$1,782
-26%
$12,527
-19%
2016
$2,403
2%
$15,549
12%
2015
$2,351
-20%
$13,917
—
2014
$2,957
—
$13,917
-20%
2013
$2,954
-28%
$17,463
-32%
2012
$4,088
—
$25,580
—
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.

Estimate the Cost for 547 S Martin Luther King Jr Ave

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547 S Martin Luther King Jr Avenue, Waukegan, IL 60085 (MLS# 12503383) is a Single Family property with 5 bedrooms and 2 full bathrooms. 547 S Martin Luther King Jr Avenue is currently listed for $272,200 and was received on November 11, 2025. Want to learn more about 547 S Martin Luther King Jr 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.

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