831 Martin Luther King Jr Ave
Waukegan, IL 60085
6 bd 2 ba 2,000 sqft Built 1910 Lot 5,227 sqft multi_family
Most recent sale
$240,000
Aug 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 18, 2022 | Sold | $240,000 | MLS #11413831 |
| May 24, 2022 | Listed | $219,000 | MLS #11413831 |
| Mar 18, 2022 | Listing removed | $206,000 | MRED |
| Mar 3, 2022 | Listed | $206,000 | MLS #11337180 |
| Apr 1, 2019 | Sold | $84,500 | Public Record |
| Jan 4, 2019 | Listed | $76,500 | MLS #10165176 |
| Oct 24, 2005 | Sold | $109,000 | Public Record |
| May 6, 2002 | Sold | $94,000 | Public Record |
| Jul 1, 1988 | Sold | $57,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $54,568 | $7,557 | $62,125 | $5,019 |
| 2023 | $50,808 | $7,036 | $57,844 | $4,830 |
| 2022 | $32,036 | $4,903 | $36,939 | $3,611 |
| 2021 | $30,760 | $4,270 | $35,030 | $3,652 |
| 2020 | $26,142 | $3,983 | $30,125 | $3,415 |
| 2019 | $23,955 | $3,650 | $27,605 | $3,437 |
| 2018 | $12,910 | $2,983 | $15,893 | $2,109 |
| 2017 | $11,422 | $2,639 | $14,061 | $2,000 |
| 2016 | $14,179 | $3,277 | $17,456 | $2,698 |
| 2015 | $12,690 | $2,933 | $15,623 | $2,639 |
| 2014 | $12,690 | $2,933 | $15,623 | $3,319 |
| 2013 | $16,381 | $3,222 | $19,603 | $3,316 |
| 2012 | $21,494 | $4,226 | $25,720 | $4,110 |
| 2011 | $26,868 | $5,283 | $32,151 | $4,213 |
| 2010 | $28,262 | $5,335 | $33,597 | $3,775 |
| 2009 | $32,037 | $6,112 | $38,149 | $3,658 |
| 2008 | $32,957 | $6,287 | $39,244 | $3,529 |
| 2007 | $31,623 | $6,032 | $37,655 | $3,343 |
| 2006 | $30,106 | $5,273 | $35,379 | $3,222 |
Property facts
Year built
1910
Property type
multi_family
Stories
—
Beds
6
Baths
2
Living area
2,000 sqft
Lot size
5,227 sqft
ZIP code
60085
City
Waukegan
Street
Martin Luther King Jr Ave
Coordinates
42.34408, -87.83339
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,440
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 831 Martin Luther King Jr Ave last sell?
831 Martin Luther King Jr Ave most recently sold on Aug 18, 2022 for $240,000.
What is the current tax assessment for 831 Martin Luther King Jr Ave?
The most recent total assessment for 831 Martin Luther King Jr Ave (year 2024) is $62,125 with $5,019 in property tax.
How does 831 Martin Luther King Jr Ave's assessment compare to its last sale price?
The current assessment is 74.1% below the last sale price of $240,000.
When was 831 Martin Luther King Jr Ave built?
831 Martin Luther King Jr Ave was built in 1910.
How does 831 Martin Luther King Jr Ave compare to others on Martin Luther King Jr Ave?
We track 8 other properties on Martin Luther King Jr Ave. Browse the list under "Other properties on Martin Luther King Jr Ave" to compare beds, baths, and sale history.
What are the property facts for 831 Martin Luther King Jr Ave?
831 Martin Luther King Jr Ave is a 6 bed, 2 bath, 2,000 sqft, 5,227 sqft lot multi_family.
Is 831 Martin Luther King Jr Ave a flip candidate?
No — 831 Martin Luther King Jr Ave does not appear in our flips dataset.
Is 831 Martin Luther King Jr Ave a tax-appeal candidate?
No — 831 Martin Luther King Jr Ave 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