Move-in ready 3 bedroom & 1 bathroom cape cod. Main floor has hardwood floors throughout most of the rooms including the living room & 2 bedrooms. Eat-in kitchen. 1st floor full bath. 2nd floor private 3rd bedroom with hardwood floors & 2 closets. All bedrooms have ceiling fans.Large basement family room with bar. Basement utility room with washer & dryer. Private back yard with extra-large 2-car heated garage off rear alley. Come visit your new home today!
Property Details
Price:
$259,900
MLS #:
MRD12564215
Status:
Active Under Contract
Beds:
3
Baths:
1
Type:
Single Family
Subdivision:
Lorraine Terrace
Neighborhood:
parkcitywaukegan
Listed Date:
Feb 9, 2026
Finished Sq Ft:
1,048
Year Built:
1948
See this Listing
Schools
School District:
60
Elementary School:
Hyde Park Elementary School
Middle School:
Miguel Juarez Middle School
High School:
Waukegan High School
Interior
Appliances
Range, Microwave, Refrigerator, Washer, Dryer
Bathrooms
1 Full Bathroom
Below Grade Finished Area
374
Cooling
Central Air
Flooring
Hardwood
Heating
Natural Gas, Forced Air
Interior Features
1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s)
Exterior
Architectural Style
Cape Cod
Construction Materials
Aluminum Siding
Garage Spaces
2
Parking Features
Off Alley, Heated Garage, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Financial
HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$3,870
Map
Community
- Address505 Lorraine Avenue Waukegan IL
- SubdivisionLorraine Terrace
- CityWaukegan
- CountyLake
- Zip Code60085
Market Summary
Current real estate data for Single Family in Waukegan as of Jun 15, 2026
81
Single Family Listed
37
Avg DOM
188
Avg $ / SqFt
$273,682
Avg List Price
Property Summary
- Located in the Lorraine Terrace subdivision, 505 Lorraine Avenue Waukegan IL is a Single Family for sale in Waukegan, IL, 60085. It is listed for $259,900 and features 3 beds, 1 baths, and has approximately 1,048 square feet of living space, and was originally constructed in 1948. The current price per square foot is $248. The average price per square foot for Single Family listings in Waukegan is $188. The average listing price for Single Family in Waukegan is $273,682.
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Copyright 2026. All rights reserved.
505 Lorraine Avenue
Waukegan, IL


