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$299,000 -$10,000 (-3.24%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 1 day ago
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EXCELLENT 2-Flat Opportunity! Don't miss this versatile property-perfect for owner-occupants or investors. The building is NOW completely vacant and ready for move in OR rentals! BOTH units have been remodeled! Don't miss this opportunity. Building is being sold as is. NO FHA

Full Property Details for 706 Martin Luther King Dr

General

  • Price: $299,000
  • Taxes: $5,311 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12449570
  • Updated: 6/24/2026
  • Added to Site: 312 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 6

Parking

  • Total Spaces: 4
  • Parking Features: Yes

Location

  • Area: Park City / Waukegan
  • County: Lake
  • Township: Waukegan
  • Driving Directions: Take MLK to the Address

School Information

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

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Aluminum Siding
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 6504

Financial Considerations

  • Tax Amount: $5,311.28
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 8284130110000

Listed by PRS Realty LLC

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Listing agent

— 706 Martin Luther King Dr —

  • PRS Realty LLC

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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 706 Martin Luther King Dr

School District:North Chicago School District 187
NameGradesDistance
North Chicago Community High School
1717 17th Street, North Chicago, IL 60064
9-120.8 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 706 Martin Luther King Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/24/2026
Price Reduced
$299,000
-3.24%
MLS
6/09/2026
Price Increased
$309,000
19.31%
MLS
9/04/2025
Price Reduced
$259,000
-3.72%
MLS
8/18/2025
Listed
$269,000
363.79%
MLS
12/03/2009
Sold
$58,000
—
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 706 Martin Luther King Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,311
2%
$65,735
7%
2024
$5,200
23%
$61,206
11%
2023
$4,231
9%
$55,143
27%
2022
$3,871
7%
$43,275
17%
2021
$3,625
-1%
$37,127
16%
2020
$3,648
—
$31,977
9%
2019
$3,648
57%
$29,302
68%
2018
$2,320
6%
$17,476
13%
2017
$2,199
-26%
$15,461
-19%
2016
$2,966
2%
$19,192
12%
2015
$2,902
-14%
$17,177
—
2014
$3,386
-17%
$17,177
-28%
2013
$4,062
-19%
$24,008
-24%
2012
$5,034
—
$31,501
—
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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706 Martin Luther King Drive, Waukegan, IL 60085 (MLS# 12449570) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 706 Martin Luther King Drive is currently listed for $299,000 and was received on August 18, 2025. Want to learn more about 706 Martin Luther King Drive? 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.

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