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3 Beds
4 Baths

$220,000

622-624 W Water Street, Waukegan IL, 60085

Built in1961
Property typeMulti-family
Listed by Erika Ricardo with Netgar Investments Inc 847-849-0067

Overview

Active

New

Listed Nov 5, 2026

Updated 2 days ago

EXCELLENT INVESTMENT OPPORTUNITY! Welcome to 622 & 624 W Water Street! Discover this side-by-side two-unit property, perfect for investors looking to expand their rental portfolio or owner-occupants seeking additional rental income! Each unit offers its own private entrance, a full finished basement with an additional bathroom, providing a total of 2 bathrooms per unit, and extra living space for added comfort and functionality. Both units feature separate utilities and individual laundry hookups, offering greater independence and convenience for occupants. Additional highlights include a fenced yard and off-street parking. Conveniently located near grocery stores, shopping, restaurants, and major roads, providing easy access to everyday essentials. The desirable side-by-side layout offers the privacy and feel of a single-family home while providing the benefits of a two-unit investment property. Whether you choose to live in one unit and rent the other or maximize your investment with two rental units, this property offers versatility and income potential. A fantastic opportunity you won't want to miss!

$1,464/mo

Est. mortgage payment based on a $220,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12799401

Interior Features

Bedrooms
3
Bathrooms
4
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$3,755
Tax Frequency
Annually
Municipality
Waukegan
MLS provider logo

Listed by Erika Ricardo with Netgar Investments Inc 847-849-0067

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Lina Lee are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 11/7/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS. Properties displayed may be listed or sold by various participants in the MLS.

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Data is refreshed every 3 hours. Listing last updated 4:27 AM UTC on 11/7/2026. 

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