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$305,000
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Property Description
724 & 720 10th Street have separate PIN numbers & are being sold together. 724 10th Street offers Five Units with Four 2 bedroom apartments & One 1 bedroom apartment with a full basement sitting on a 25 X 135 lot. All electric & gas are separate, electric updated and to code. 720 10th Street is a 50 X 135 paved lot being used by tenants of 724 10th Street for parking. Long Term Tenants are on Month to month. Rental income potential is higher than current rents. This property offers a positive cash flow for any investor looking for a long term investment.
Full Property Details
Full Property Details for 724 10th St
General
- Sold For: $305,000
- Taxes: $8,043 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12474101
- Added to Site: 196 day(s) ago
Location
- Area: Park City / Waukegan
- County: Lake
- Driving Directions: Greenbay Rd & Belvidere S to 10th St E to address
- Location Details: Public Transport Avail, In City Limits, High Traffic Area
Heating & Cooling
- Heating Type: Forced Air, Hot Water, Baseboard, Radiant
Utilities
- Water: Municipal Water
- Onsite: Sewer Connected, Water Available
Structural Information
- Construction: Wood, Vinyl Siding
- Exterior Const.: Wood, Vinyl Siding
- Stories/Levels: 2
- Year Built: 1910
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,375
- Lot Dimensions: 25 x 135
- Frontage: City Street
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $14,364
- Assessment Year: 1910
- Tax Amount: $8,043.74
- Tax Year: 2024
Disclosures and Reports
- Property ID: 8283240290000
Listed by RE/MAX Plaza
Sold by American Real Estate Services
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Schools
Schools serving 724 10th St
School District:Waukegan Community Unit School District 60
| Name | Grades | Distance |
|---|---|---|
Carman-Buckner Elementary School 520 Helmholz Avenue, Waukegan, IL 60085 | K-5 | 0.5 mi |
Thomas Jefferson Middle School, Waukegan, IL 600 South Lewis Avenue, Waukegan, IL 60085 | 6-8 | 0.9 mi |
Waukegan High School 1011 Washington Street, Waukegan, IL 60085 | 9-12 | 1.2 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 724 10th St
Date
Details
Price
Change
Source
3/31/2026
Sold
$305,000
-7.57%
MLS
9/19/2025
Listed
$329,975
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
724 10th Street, Waukegan, IL 60085 (MLS# 12474101) is a Commercial property that was sold at $305,000 on March 31, 2026. Want to learn more about 724 10th Street? Do you have questions about finding other Commercial real estate for sale in Waukegan? You can browse all Waukegan real estate or contact a Coldwell Banker agent to request more information.

