Active
1241 Elmwood Avenue
Waukegan, IL 60085
$199,900
3beds
2baths
1,056sqft
0.158acres
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About this home
Opportunity awaits with this 3-bedroom, 2-bath home featuring a 1-car garage, offering a great chance for investors, renovators, or buyers looking to build sweat equity. This property has solid bones and a functional layout, making it an excellent candidate for renovation and value-add improvements. The spacious, fully fenced backyard offers plenty of room for outdoor enjoyment and includes a concrete patio area ideal for grilling, entertaining, or creating your own outdoor living space. The basement adds valuable additional living space, featuring a family room, laundry area, and a second full bathroom, providing flexibility for recreation space, guests, or future updates. While the home does need repairs and updates, the potential here is undeniable for someone with vision. Whether you're an investor searching for your next project, a flipper, or a buyer looking to customize a home to your style, this property presents a fantastic opportunity to add value. Bring your ideas and transform this house into something special!This sale is based on the completion of a prior transaction.
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential
Year built1962
Garage spaces1
Fireplaces0
Lot size0.158 acres
SubdivisionLyons Acres
Architectural styleBi-Level
Annual tax$3,564.18
CountyLake
MLS #MRD12593256
Days on market34
Schools
ElementaryAndrew Cooke Magnet Elementary S
Middle / JuniorJohn R. Lewis Middle School
High schoolWaukegan High School
Features
Heating
Forced Air
Cooling
Central Air
Appliances
RangeRefrigerator
Parking
ConcreteYesGarage OwnedAttachedGarage
Construction
Vinyl Siding
Sewer
Public Sewer
Listed by
O'Neil Property Group, LLC
Ryan Ivemeyer · 815-496-4288
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/23/2026, 7:23:02 PM. All data should be independently verified.
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