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314 S Orchard Ave, Waukegan, IL, 60085

2beds
1baths
832sqft
$224,900
$270price/sqft
$1,831/moest. monthly cost
$73,240/yrincome needed

About This Home

Stop paying someone else's mortgage - this solid ranch home is ready to help you start building equity of your own. Set on nearly a quarter acre, this starter home offers the space, comfort, and peace of mind first-time buyers are looking for. The single-story layout is easy to live in and easy to maintain, with a full basement offering incredible potential for extra living space, storage, or a future rec room - the possibilities are yours to create. The generous lot gives you room to garden, entertain, or for kids and fur babies to run around. The large deck awaits you to enjoy the morning sun or to relax in the evening after work. Have peace of mind that comes with numerous recent mechanical updates - the big-ticket items have already been taken care of: furnace & A/C - 2022; windows - 2013; roof, siding, gutters - 2015; new sewer line - 2020; leaf filter guard - 2025; water heater - 2023. Say good-bye to your landlord and build equity for yourself. Don't let this one pass you by - schedule your showing today! Motivated seller!!

Getting Around

56
WalkingSomewhat Walkable
33
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

4/10
3/10
1/10
Waukegan High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1950

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Partially Finished,Full

Bedroom2

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 132
  • Dimensions: 12X11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Family Room

  • Level: Basement
  • Area: 240
  • Dimensions: 20X12

Features

  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Natural Gas,Solar
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0
  • Total interior livable area: 832 sqft

Kitchen

  • Features: Flooring (Laminate)
  • Level: Main
  • Area: 168
  • Dimensions: 12X14

Living Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 330
  • Dimensions: 15X22

Master Bedroom

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 144
  • Dimensions: 12X12

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 08291020590000
  • Special condition: None
  • Other equipment: Ceiling Fan(s),Sump Pump

Features

  • Stories: 1
  • Patio & porch: Deck

Lot

  • Lot size: 9,347 sqft
  • Lot size dimensions: 50x187

Parking

  • Total spaces: 1
  • Parking features: Garage Door Opener,Yes,Garage Owned,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

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 $1,137$13,644
Home Insurance *$141$1,692
Property Taxes $423$5,076
Electricity $130$1,569
Total$1,831$21,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,777/yr
40% on housing$54,930/yr
45% on housing$48,826/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

$270This listing

vs Other Active Listings

Avg $/sqft

ZIP 60085$132
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)

Price History

DateEventPrice
2005-04-11Sold$147,500
1999-09-13Sold$111,000
1995-10-27Sold$85,000

For Sale by Agent

AgentTerie Garza
BrokerageRE/MAX Plaza

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