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418 Lawn Court Waukegan, IL 60085 Multi Unit - Multiple Contingent

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Description

**Multiple Offers received** Highest and Best by Wednesday, June 24, 2026 - 6pm. Incredible 2-Unit Opportunity in the Heart of Waukegan! Welcome to this spacious and versatile multi-generational property offering endless possibilities for homeowners and investors alike! Situated on a generous lot in an established Waukegan neighborhood, this property features over 1,900 square feet of living space and is conveniently located near schools, parks, shopping, dining, and major transportation routes. The main unit boasts 5 spacious bedrooms and 2 full bathrooms, featuring an open-concept living and dining area perfect for entertaining family and friends. With plenty of room to spread out, this home is ideal for larger households or those seeking extra space for a home office, gym, or guest rooms. The second unit includes 1 bedroom and 1 full bathroom and is currently tenant occupied. The tenant is willing to remain, providing immediate rental income, or can vacate prior to closing, giving the new owner flexibility to use the space as an in-law suite, guest quarters, or private living area. Additional features include Oversized 2-car garage Abundant storage space Central air conditioning Forced air heating large lot with plenty of outdoor space Income-producing potential Ideal setup for owner-occupants or investors Whether you're looking for a home that accommodates extended family, an owner-occupied investment property, or a residence with supplemental rental income, this unique property checks all the boxes. Opportunities like this don't come around often-schedule your private showing today and discover the possibilities! Live in one unit and let the second help with your mortgage or maximize your investment potential with this flexible 2-unit property!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 6
Bathrooms: 3
County: Lake
Listed By:
eXp Realty 888-574-9405
MRED MLS
$309,900
Est. $2,037/mo
6beds
3baths
2cars
Contingent
BEDS6 BATHS3 full MLS#12680580
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 60

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418 Lawn Court, Waukegan, IL 60085.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $309,900$309,900$309,900
Down Payment $61,980$10,847$77,475
Monthly Mortgage Amount $1,506$1,849$1,915
Taxes $431$431$431
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$136$0
Monthly Estimated Total $2,037$2,516$2,446

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