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Active - Mixed Use for sale

Waukegan, IL

Facts & features

Mixed Use Property type
1950 Year built
5,412 sqft Lot size

Why you’ll love it

Great Investment Opportunity! Don't miss this opportunity to own a mixed-use property in an excellent business district! The property features a spacious 2,976 sq. ft. retail storefront on the first floor, formerly operated as a hair salon, offering excellent potential for a variety of business uses. The second floor features two residential units: a one-bedroom apartment and a studio, both currently rented and generating rental income. Situated on a desirable corner lot with high traffic counts and excellent visibility, this property offers a great combination of commercial space and residential income potential. An excellent opportunity for investors or business owners looking to expand their portfolio!

Translating description...

Listings courtesy of Freedom Realty as distributed by MLS GRID.

Listed by: Tomas Gomez • Freedom Realty

Co-listed by: Freedom Realty

Source: MRED as distributed by MLS GRID, MLS#: 12799199 MRED as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 8:11 AM EST.

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Affordability

$205,000$425,000
1%20%
0%90%
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Estimated monthly payment

$1,892/mo

  • Mortgage$1,593
  • Property tax$299
  • HOA fee
  • Homeowners insurance
Due at closing$250,425
Down payment held in escrow$63,000
Closing costs$4,725
beycome credit Est.$6,300

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Waukegan

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 14, 2026 at 08:11am EST. 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.

$315,000 Listed price

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$6,300 Credit back

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