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Foreclosure Homes in Waukegan, IL

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Waukegan, IL Foreclosures

Current Market Conditions in Waukegan, IL as of August 2026?
Home values: +0.82% MoM; rent: +0.00% MoM.
How much do homes sell for in Waukegan, IL?
The average home price is currently $306,739.
In Waukegan, IL, how many homes are available?
There are currently 1,349 active home listings available in Waukegan.
What’s the average rental cost in Waukegan, IL?
The average rental price in Waukegan is $1,267.
What is the most expensive home in Waukegan?
The most expensive home sold in Waukegan had a price of $110,385,272.
What is currently the cheapest priced home in Waukegan, IL?
The cheapest home for sale in Waukegan is priced at $10,601.

Living in Waukegan, IL

Waukegan, IL is a Lake Michigan city in Lake County with commuter rail access, diverse housing options, lakefront recreation, and relative affordability within the greater Chicago metro area.

Buyer vs Seller Market in Waukegan, IL

Median home value: $246,318 as of 2026-08-14.

Median rent: $1,250 as of 2026-08-14.

Home values: +0.82% MoM, +5.66% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Waukegan, IL

There are currently 19,517 real estate properties in Waukegan, IL, with a median automated valuation model (AVM) price of $246,318.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Waukegan, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Waukegan, IL, is $306,739.00, with the most expensive house in Waukegan, IL, topping out at $110,385,272.00 and the cheapest home in Waukegan, IL, clocking in at $10,601.00. In other words, there’s something for every potential homebuyer or savvy investor in Waukegan, IL!

Rent Prices In Waukegan, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Waukegan, IL, is on a rollercoaster ride. The average rent price in Waukegan, IL, is $1,267.00. Indeed, when looking to rent in Waukegan, IL, you can expect to pay as little as $580.00 or as much as $4,320.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in Waukegan, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Waukegan, IL Foreclosures


Market Trend for Waukegan, IL

Total Listings Available: 1,349

Market Values:

Home Prices from $10,601 to $110,385,272

Average Sales Price: $306,739

Rental Values:

Rental from $580 to $4,320

Average Rent Value: $1,267 / month

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