506 2nd St
Waukegan, IL 60085
4 bd 2 ba 1,728 sqft Built 1901 Lot 4,800 sqft single_family
Most recent sale
$110,000
Oct 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 28, 2022 | Sold | $110,000 | MLS #11484977 |
| Sep 7, 2022 | Price changed | $129,900 | MLS #11484977 |
| Aug 5, 2022 | Listed | $149,000 | MLS #11484977 |
| May 24, 2022 | Listing removed | $135,000 | MRED |
| Mar 8, 2022 | Listing removed | $135,000 | MRED |
| Jan 23, 2022 | Listed | $135,000 | MLS #11309694 |
| Nov 12, 2018 | Listing removed | $1,250 | MRED |
| Sep 25, 2018 | Listing removed | $1,250 | MRED |
| Sep 10, 2018 | Listing removed | $1,250 | MRED |
| Sep 10, 2018 | Listed for rent | $1,250 | MRED |
| Aug 7, 2018 | Listing removed | $1,250 | MRED |
| Jul 24, 2018 | Listed for rent | $1,250 | MRED |
| Jun 26, 2018 | Sold | $88,000 | MLS #09864947 |
| Mar 26, 2018 | Price changed | $94,900 | MLS #09864947 |
| Feb 23, 2018 | Listed | $99,900 | MLS #09864947 |
| Nov 24, 2016 | Sold | $76,000 | MLS #09344004 |
| Sep 30, 2016 | Price changed | $84,900 | MLS #09344004 |
| Sep 16, 2016 | Listed | $89,900 | MLS #09344004 |
| Aug 18, 1993 | Sold | $65,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $58,632 | $6,716 | $65,348 | $5,279 |
| 2023 | $54,592 | $6,253 | $60,845 | $5,170 |
| 2022 | $46,577 | $5,324 | $51,901 | $5,073 |
| 2021 | $39,954 | $4,750 | $44,704 | $4,660 |
| 2020 | $37,222 | $4,425 | $41,647 | $4,721 |
| 2019 | $34,108 | $4,055 | $38,163 | $4,751 |
| 2018 | $28,681 | $5,165 | $33,846 | $3,696 |
| 2017 | $25,375 | $4,570 | $29,945 | $3,406 |
| 2016 | $22,050 | $3,971 | $26,021 | $4,021 |
| 2015 | $19,735 | $3,554 | $23,289 | $3,934 |
| 2014 | $19,735 | $3,554 | $23,289 | $2,419 |
| 2013 | $11,220 | $3,068 | $14,288 | $2,417 |
| 2012 | $12,506 | $4,026 | $16,532 | $1,225 |
| 2011 | $31,797 | $5,032 | $36,829 | $240 |
| 2010 | $40,135 | $5,081 | $45,216 | $4,420 |
| 2009 | $42,460 | $7,857 | $50,317 | $4,249 |
| 2008 | $43,679 | $8,083 | $51,762 | $4,160 |
| 2007 | $41,910 | $7,756 | $49,666 | $3,966 |
| 2006 | $37,662 | $7,458 | $45,120 | $3,654 |
Property facts
Year built
1901
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,728 sqft
Lot size
4,800 sqft
ZIP code
60085
City
Waukegan
Street
2nd St
Coordinates
42.36766, -87.83642
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$660
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 506 2nd St last sell?
506 2nd St most recently sold on Oct 28, 2022 for $110,000.
What is the current tax assessment for 506 2nd St?
The most recent total assessment for 506 2nd St (year 2024) is $65,348 with $5,279 in property tax.
How does 506 2nd St's assessment compare to its last sale price?
The current assessment is 40.6% below the last sale price of $110,000.
When was 506 2nd St built?
506 2nd St was built in 1901.
How does 506 2nd St compare to others on 2nd St?
We track 2 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 506 2nd St?
506 2nd St is a 4 bed, 2 bath, 1,728 sqft, 4,800 sqft lot single_family.
Is 506 2nd St a flip candidate?
No — 506 2nd St does not appear in our flips dataset.
Is 506 2nd St a tax-appeal candidate?
No — 506 2nd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.6%
2026 Q3
$238.8K
2026 Q4
$242.9K
ZIP 60085 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd St