See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

668 S Lincoln Ave, Waukegan, IL, 60085

7beds
3baths
1,600sqft
$320,000
$200price/sqft
$2,551/moest. monthly cost
$102,040/yrincome needed

About This Home

Discover the potential of this beautifully remodeled multi-family corner property, perfectly positioned on a unique lot ending at a peaceful small ravine, offering added privacy and natural scenery. Zoned multi-family, this spacious property features a total of 7 bedrooms and 3 full bathrooms, making it ideal for owner-occupants, extended families, or investors seeking strong rental potential. The home has been freshly remodeled from top to bottom and is truly move-in ready. Recent upgrades include brand-new windows and doors, new HVAC systems, new flooring throughout, fully updated kitchens with modern finishes, and completely renovated bathrooms designed for comfort and style. With its flexible layout, updated mechanicals, and attractive corner location, this property offers an excellent opportunity for both comfortable living and long-term investment value. Whether you are looking to live in one unit and rent the other, accommodate a large family, or expand your real estate portfolio, this property checks all the boxes. A rare opportunity to own a turnkey multi-family property with modern upgrades and exceptional versatility

Getting Around

59
WalkingSomewhat Walkable
31
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

4/10
1/10
Waukegan High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1943

Materials

  • Roof: Asphalt

Type & Style

  • Home type: MultiFamily

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Freezer,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: Partially finished

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Tile,Laminate

Heating & Cooling

  • Heating features: Baseboard,Forced air,Electric,Gas,Propane / Butane
  • Cooling features: Refrigerator,Central

Interior Area

  • Total interior livable area: 1,600 sqft

Property

Details

  • Parcel number: 0828307030

Features

  • Exterior features: Shingle,Stucco,Vinyl,Cement / Concrete
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 6,000 sqft

Parking

  • Total spaces: 5
  • Parking features: Off-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,618$19,416
Home Insurance *$201$2,412
Property Taxes $602$7,224
Electricity $130$1,569
Total$2,551$30,612
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,462/yr
40% on housing$76,530/yr
45% on housing$68,026/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$200This listing

vs Other Active Listings

Avg $/sqft

ZIP 60085$131
Lake County$238

vs Homes Sold Last Month

Median $/sqft

ZIP 60085$190
Lake County$214

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-13Pending sale$320,000
2026-05-24Price change$320,000
2026-05-15Listed for sale$330,000
2008-07-28Sold$30,000
2001-11-14Sold$92,000

For Sale by Owner

AgentProperty Owner

Similar Homes