Homes for sale under $200k in Waukegan, IL

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ABOUT THIS HOME
Homes for sale under $200k in Waukegan, IL
Great affordable 1-Story 3 Bdr Ranch Home with 2-car detached garage! This nicely updated property features Living Room, dining area, kitchen, full bath, and 3 bedrooms all on the main level. The property also boasts an unfinished basement, large 2-car detached garage, and nice back yard! This home features updated kitchen & bathroom, newer carpet, paint, and fixtures! Welcome Home!

$199,900

3 beds1 bath866 sq ft

1023 N Elmwood Ave, Waukegan, IL 60085

1 story ranch home • Unfinished basement • Updated kitchen

ABOUT THIS HOME
Homes for sale under $200k in Waukegan, IL
Incredible opportunity for handyman or add sweat equity for new owner occupants. Spacious 2.5 story historic home offers approximately 3000sq ft and is full of potential and ready to bring back to life. Built with craftsmanship that's hard to find today highlighted with beautiful moldings and detail that speaks to an era when homes were built to last. Offering 5 large bedrooms and 1.5 baths this is a perfect choice for a family seeking spacious comfort. All original hardwood floors throughout the 1st and 2nd floors. This property needs some TLC but it won't take much to make it stand tall once again. Bring your decorating ideas and make it your own. Definitely will not last long!!! Com

$199,900

4 beds1.5 baths2,960 sq ft

217 Franklin St, Waukegan, IL 60085

Craftsmanship • Historic home • 7,134 sq ft lot

ABOUT THIS HOME
Homes for sale under $200k in Waukegan, IL
GURNEE SCHOOLS!! 2-STORY TOWN-HOME WITH FINISHED BASEMENT. FEATURING 2 BEDROOMS WITH NEW CARPETING AND BLINDS. 2 BATHS WITH NEW TOILETS AND SINKS. ALL NEW KITCHEN CABINETS, COUNTERTOP AND APPLIANCES WITH PANTRY. DOUBLE PANE WINDOWS. NEW WATER HEATER (2/2025). SUMP PUMP HAS WARNING ALARM. HOME SECURITY SYSTEM. OWNER IS A LICENSED REAL ESTATE BROKER BUT IS NOT LISTING BROKER! THIS IS A MUST SEE!

$189,900

2 beds2 baths920 sq ft

2634 Woodview Ct, Waukegan, IL 60087

Home security system • Finished basement • Double pane windows

ABOUT THIS HOME
Homes for sale under $200k in Waukegan, IL
This charming 3-bedroom, 1-bath home is full of potential and ideal for first-time buyers or investors looking to make it their own. While it does need some updates, it's a fantastic opportunity to own a home at an affordable price point in a convenient location. Situated just minutes from shopping centers, main roads, and only a few miles from a major tollway, commuting and daily errands are a breeze. With a full unfinished basement, detached 2-car garage, and a spacious backyard on a quiet dead-end street, this property offers space, privacy, and value. Don't miss your chance to turn this house into a home!

$189,900

3 beds1 bath1,131 sq ft

12698 W Grandview Ave, Waukegan, IL 60085

Spacious backyard • Convenient location • 2 garage spots

ABOUT THIS HOME
Homes for sale under $200k in Waukegan, IL
Unlock the potential of this spacious property ideally located near schools, shopping, and key amenities. Featuring 3 bedrooms and 1 bathrooms, plus a versatile coach house with an addition 2 bedrooms and 1 bathrooms. This property is perfect for generating strong rental income or expanding your investment portfolio. With the area experiencing steady growth and demand, this is a chance to secure a high-yield asset at an exceptional value. Property is conveyed as-is - bring your vision and maximize the upside!

$185,000

3 beds1 bath2,184 sq ft

1820 Jenkinson Ct, Waukegan, IL 60085

High-yield asset • Exceptional value • Spacious property

Property at 2670 Woodview Ct S, Waukegan, IL 60087, 3 beds, 2 baths

$164,000

3 beds2 baths1,674 sq ft

2670 Woodview Ct S, Waukegan, IL 60087

Property at 671 Oldsmar Ln, Park City, IL 60085, 2 beds, 2 baths

$84,888

2 beds2 baths— sq ft

671 Oldsmar Ln, Park City, IL 60085

Property at 3159 Jeanette Ave, Park City, IL 60085, 2 beds, 1 bath

$60,000

2 beds1 bath— sq ft

3159 Jeanette Ave, Park City, IL 60085

Property at 3285 Meadow Dr, Park City, IL 60085, 2 beds, 2 baths

$48,000

2 beds2 baths— sq ft

3285 Meadow Dr, Park City, IL 60085

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ABOUT THIS HOME
Homes for sale under $200k in Waukegan, IL
Well maintained, 3 bedroom, 2 bath home. Master on first floor. Living room, den, separate dining room. Deck off the dining area. Spacious back yard. 2nd floor laundry. Full Basement. Home sold "As is"

$199,999

3 beds2 baths1,440 sq ft

2911 Emmaus Ave, Zion, IL 60099

Spacious back yard • Full basement • 2nd floor laundry

VIDEO TOUR

$190,000

2 beds1 bath898 sq ft

3224 Gilboa Ave, Zion, IL 60099

Spacious yard • Renovated bathroom • Updated kitchen

3D WALKTHROUGH

ABOUT THIS HOME
Homes for sale under $200k in Waukegan, IL
This FIRST-FLOOR, MOVE-IN READY HeatherRidge condo makes living easy. Heated underground parking, FRESH PAINT, & NEW A/C, FURNACE, & DISHWASHER mean zero headaches. Step onto your PRIVATE, COVERED OVERSIZED BALCONY from the living room or primary bedroom for a winter coffee or summer sunset. Enjoy access to the COMMUNITY AMENITIES including golf, tennis & pickleball courts, swimming pools, trails, clubhouse, picnic areas, & more! ON-SITE SECURITY offers 24/7 peace of mind, & MAINTENANCE-FREE LIVING keeps every season stress-free. The LOCATION IS PERFECT, between Chicago & Milwaukee, just minutes from shopping, tollway access, & Great America. Everything

$183,900

2 beds1 bath930 sq ft

920 Vose Dr #106, Gurnee, IL 60031

Move-in ready • On-site security • Community amenities

ABOUT THIS HOME
Homes for sale under $200k in Waukegan, IL
This light & neutral 2 bedroom 2 bath large (1380 sq. ft. ) Cedar model condo features a spacious living room with wood burning fireplace. Sliding doors open to a large patio with peaceful view of courtyard and golf course. This floor plan also features a separate dining room. Generous master bedroom with private bath and walk-in closet. Laundry in unit. Heated underground parking. (Parking space #3 and storage closet #3.) Complex features 24-hour onsite security, golf course, clubhouse, swimming pool, tennis courts, beautiful grounds and more! An exceptional opportunity. See it today!

$179,900

2 beds2 baths1,380 sq ft

650 Whitney Ct #108, Gurnee, IL 60031

Separate dining room • Private bath • Walk-in closet

ABOUT THIS HOME
Homes for sale under $200k in Waukegan, IL
Cute and cozy 1 bedroom, 1 full bath home on an oversized lot. Fresh interior paint and an updated bathroom give it a clean, move-in ready feel. Efficient layout with a comfortable living area and practical kitchen space. Large yard offers room for gardening, outdoor living, or future expansion. Close to schools and shopping area.

$175,000

1 bed1 bath576 sq ft

2031 Gilboa Ave, Zion, IL 60099

Large yard • Oversized lot • Updated bathroom

ABOUT THIS HOME
Homes for sale under $200k in Waukegan, IL
SPACIOUS 3 Bedroom home with possible 4th. Large eat-in kitchen, formal dining room, living room, and 2 bathrooms. Newly installed furnace and central a/c. Home has been tested and passed for weatherization. New blown-in insulation, attic and basement insulated as well. Some new bathroom fixtures. Laundry room has gas dryer hook-up. Fully fenced yard and a 2-car detached garage with separate doors. Home does have plaster walls and hardwood floors. Schedule your showing today!

$174,900

3 beds2 baths1,140 sq ft

2903 Gideon Ave, Zion, IL 60099

6,799 sq ft lot • 2 garage spots • Built 1907

Property at 690 Chandler Rd #302, Gurnee, IL 60031, 2 beds, 2 baths

$165,000

2 beds2 baths1,200 sq ft

690 Chandler Rd #302, Gurnee, IL 60031

Property at 1101 Adams St, North Chicago, IL 60064, 3 beds, 2 baths

$164,990

3 beds2 baths1,100 sq ft

1101 Adams St, North Chicago, IL 60064

Property at 650 Whitney Ct #203, Gurnee, IL 60031, 2 beds, 2 baths

$164,900

2 beds2 baths1,200 sq ft

650 Whitney Ct #203, Gurnee, IL 60031

Property at 690 Chandler Rd #207, Gurnee, IL 60031, 2 beds, 2 baths

$159,000

2 beds2 baths1,200 sq ft

690 Chandler Rd #207, Gurnee, IL 60031

Property at 2101 Eshcol Ave, Zion, IL 60099, 2 beds, 1 bath

$149,900

2 beds1 bath1,268 sq ft

2101 Eshcol Ave, Zion, IL 60099

Property at 2228 Honore Ave, North Chicago, IL 60064, 2 beds, 1 bath

$139,000

2 beds1 bath900 sq ft

2228 Honore Ave, North Chicago, IL 60064

Property at 2406 Hermon Ave, Zion, IL 60099, 2 beds, 1 bath

$135,000

2 beds1 bath588 sq ft

2406 Hermon Ave, Zion, IL 60099

Property at 38703 Sheridan Rd #8, Beach Park, IL 60099, 4 beds, 2 baths

$114,900

4 beds2 baths1,568 sq ft

38703 Sheridan Rd #8, Beach Park, IL 60099

Listing provided by Zillow

Property at 38703 Sheridan Rd #146, Beach Park, IL 60099, 3 beds, 2 baths

$105,900

3 beds2 baths1,232 sq ft

38703 Sheridan Rd #146, Beach Park, IL 60099

Listing provided by Zillow

Property at 38703 Sheridan Rd #101, Beach Park, IL 60099, 3 beds, 2 baths

$105,500

3 beds2 baths1,152 sq ft

38703 Sheridan Rd #101, Beach Park, IL 60099

Listing provided by Zillow

Property at 720 13th St, North Chicago, IL 60064, 2 beds, 1 bath

$83,213

2 beds1 bath1,104 sq ft

720 13th St, North Chicago, IL 60064

Property at 3503 Elaine Ave, Park City, IL 60085, 3 beds, 2 baths

$49,900

3 beds2 baths— sq ft

3503 Elaine Ave, Park City, IL 60085

Property at 3810 1st St, Park City, IL 60085, 2 beds, 1 bath

$42,000

2 beds1 bath— sq ft

3810 1st St, Park City, IL 60085

Property at 3404 Old Plank Rd, Park City, IL 60085, 3 beds, 2 baths

$35,000

3 beds2 baths— sq ft

3404 Old Plank Rd, Park City, IL 60085

Based on information submitted to the MLS GRID as of Thu Jan 01 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Homes for sale under $200k in Waukegan

There are currently 9 homes for sale under $200k in Waukegan. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Waukegan stay on the market for 49 days and receive 3 offers. Popular neighborhoods include Cambridge at Heatherridge, North Center, North Waukegan, Great Lakes Central, and Uptown. This map is refreshed with the newest listings in Waukegan every 15 minutes.

In the past month, 36 homes have been sold in Waukegan. In addition to houses in Waukegan, there were also 4 condos, 10 townhouses, and 21 multi-family units for sale in Waukegan last month. Waukegan is a minimally walkable city in Illinois with a Walk Score of 49. Waukegan is home to approximately 88,794 people and 31,890 jobs. Find your dream home in Waukegan using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Waukegan are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Waukegan. Our Waukegan real estate stats and trends will give you more information about home buying and selling trends in Waukegan. If you're looking to sell your home in the Waukegan area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Waukegan with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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Homes for sale under $200k in Waukegan, IL

Homes for sale under $200k in Waukegan

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