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$225,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,200 Sq. Ft.
  • 2.5 Car Garage
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Welcome to this bright and spacious 4-Bedroom home featuring a 2.5-car garage w/additional parking in back. The interior has been completely refreshed w/new flooring on main level, new carpeting on second level and all freshly painted. The updated kitchen boasts new stainless steel appliances, plenty of new counter space and brand-new cabinets. Enjoy year-round comfort with Central Air and Heating. First-floor offers a Bedroom and convenient powder room, while the second floor features a full bathroom and three spacious bedrooms. Located just minutes from downtown Waukegan, this home offers easy access to shopping, dining, and local amenities. The basement includes a washer/dryer hookup along with ample storage space. Move-in ready and beautifully updated!

Full Property Details for 557 W Water St

General

  • Price: $225,000
  • Taxes: $3,621 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12553589
  • Updated: 2/23/2026
  • Added to Site: 53 day(s) ago

Rental Information

  • Complex Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Unfinished
  • Interior Features: 1st-Floor Bedroom, Separate Dining Room
  • Appliances: Range, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Equipment: Water Heater-Gas
  • Other Features: School Bus Service, Commuter Bus, Commuter Train

Parking

  • Garage: Yes
  • Garage Spaces: 2.5
  • Total Spaces: 2
  • Parking Features: Shared Driveway, Yes, Garage Owned, Detached, Garage

Location

  • Area: Park City / Waukegan
  • County: Lake
  • Township: Waukegan
  • Driving Directions: WASHINGTON & LEWIS E2 PARK S2 WATER E2 ADDRESS

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: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Storage Space, Full
  • Roof: Asphalt
  • Sub-Flooring: Laminate
  • Square Feet: 1,200
  • Sq. Ft. Source: Assessor
  • Year Built: 1900
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 31 x 131

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1900
  • Tax Amount: $3,621.56
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 8213220290000

Listed by Realta Real Estate

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Listing agent

— 557 W Water St —

  • Realta Real Estate

(847) 215-5555

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NMLS#: 1598647

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

Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 557 W Water St

School District:Waukegan Community Unit School District 60
NameGradesDistance
North Elementary School, Waukegan, IL
410 Franklin Street, Waukegan, IL 60085
K-50.8 mi
Robert E Abbott Middle School
1319 Washington Street, Waukegan, IL 60085
6-80.5 mi
Waukegan High School
1011 Washington Street, Waukegan, IL 60085
9-120.3 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 557 W Water St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$225,000
-4.26%
MLS
1/25/2026
Listed
$235,000
968.18%
MLS
1/04/2011
Sold
$22,000
—
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 557 W Water St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,370
19%
$41,734
17%
2023
$2,840
24%
$35,741
23%
2022
$2,297
4%
$29,052
32%
2021
$2,207
-1%
$22,030
13%
2020
$2,221
—
$19,466
9%
2019
$2,221
-3%
$17,838
3%
2018
$2,298
5%
$17,312
13%
2017
$2,179
6%
$15,316
15%
2016
$2,057
2%
$13,309
12%
2015
$2,012
35%
$11,912
—
2014
$1,490
-21%
$11,912
7%
2013
$1,880
-6%
$11,113
-11%
2012
$2,003
—
$12,532
—
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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557 W Water Street, Waukegan, IL 60085 (MLS# 12553589) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 557 W Water Street is currently listed for $225,000 and was received on January 25, 2026. Want to learn more about 557 W Water Street? 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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