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Listing provided courtesy of PRS Realty LLCMREDas Distributed by MLSGrid- MLS# 12449570MLS Provider

706 Martin Luther King DriveWaukegan, IL 60085

Multi-Family · 6 Beds
$299,000 Active

706 Martin Luther King Drive Overview

Time on Site:
315 days
Visits:
4

EXCELLENT 2-Flat Opportunity! Don't miss this versatile property-perfect for owner-occupants or investors. The building is NOW completely vacant and ready for move in OR rentals! BOTH units have been remodeled! Don't miss this opportunity. Building is being sold as is. NO FHA

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706 Martin Luther King Drive Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 60

Building Information

  • New Construction: No

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Park City / Waukegan
  • Township: Waukegan

Tax Information

  • Tax Annual Amount: $5,311.28
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 08284130110000
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 6
  • Bedrooms Possible: 6
  • Full Baths Building: 2

General Information

  • Basement: Unfinished, Full
  • Heating: Natural Gas
  • Rooms Total: 10

Exterior

Parking Information

  • Parking Features: Yes
  • Parking Total: 4

Lot Information

  • Lot Size Dimensions: 6504
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Aluminum Siding

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 3
  • Baths Total: 1

706 Martin Luther King Drive Neighborhood

Community

60085 (WAUKEGAN) Demographics

32
Median Age
4,499
Population Density (per sq. mile)
23%
College Educated
$48,435
Estimated Median Income
10,174
Estimated Total Home Owners
13,807
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

706 Martin Luther King Drive Monthly Cost

$
$ %
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$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

706 Martin Luther King Drive Market Data

Based on the last 30 days in this zip code

$270,816
Average List Price
$178
Average Price per Square Foot
22
Properties Sold
39
Average Days on Market
64
Properties for Sale
Calculations provided by Reliance Network

706 Martin Luther King Drive History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/24/2026Source: MRED Price Reduction
$299,000 -3.2%
6/24/2026Source: MRED Status Change
Price Change
6/14/2026Source: MRED Status Change
Active
6/9/2026Source: MRED Price Increase
$309,000 19.3%
6/9/2026Source: MRED Status Change
Re-activated
10/27/2025Source: MRED Status Change
Contingent
10/14/2025Source: MRED Status Change
Active
10/9/2025Source: MRED Status Change
Re-activated
10/2/2025Source: MRED Status Change
Contingent
9/9/2025Source: MRED Status Change
Active
9/4/2025Source: MRED Price Reduction
$259,000 -3.7%
9/4/2025Source: MRED Status Change
Price Change
8/23/2025Source: MRED Status Change
Active
8/18/2025Source: MRED Added to Database
August 18, 2025