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Sheriff Sale Homes in Waukegan, IL

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Waukegan, IL Foreclosures

Current Market Conditions in in Waukegan, IL As of February 2026?
In the past month, Waukegan's real estate market has shown signs of stabilization following a seasonal slowdown in the summer. Home sales have remained steady, with slight price gains across various property types. The market is witnessing an influx of new listings, providing buyers with ample choices as the fall season approaches.
How much do homes sell for in Waukegan, IL?
The average home price is currently $282,505.
In Waukegan, IL, how many homes are available?
There are currently 7 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 $64,094,030.
What is currently the cheapest priced home in Waukegan, IL?
The cheapest home for sale in Waukegan is priced at $10,040.

Living in Waukegan, IL

Waukegan, IL is a picturesque city by Lake Michigan, offering a blend of urban life and natural beauty. With its rich history, diverse communities, and various recreational amenities, Waukegan is ideal for families seeking outdoor activities and a vibrant lifestyle. The city also features a comprehensive transportation network that connects it to nearby urban centers.

Buyer vs Seller Market in Waukegan, IL

Waukegan's real estate market is currently experiencing moderate growth, with a diverse range of properties available for buyers and renters. The demand for housing has rebounded, and prices are seeing a gradual increase, attributed to its proximity to Lake Michigan and investment in local infrastructure.

Investments in the downtown area and nearby facilities have enhanced the city’s appeal, particularly among younger buyers looking for affordable housing options along the lakeshore.

Home Value Estimator For Waukegan, IL

There are currently 19,497 real estate properties in Waukegan, IL, with a median automated valuation model (AVM) price of $230,436.00. 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 $282,505.00, with the most expensive house in Waukegan, IL, topping out at $64,094,030.00 and the cheapest home in Waukegan, IL, clocking in at $10,040.00. 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 Sheriff Sale Homes


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