Address
1615 16th Street, North Chicago, IL
Price
$ 225,000
Property Attributes
  • MLS#12045948
  • TypeContingent
  • CountyLAKE
  • CityNorth Chicago
  • AreaNorth Chicago
  • Zip60064
  • Style
  • Year Built1925
  • Taxes$ 5003
  • Price$ 225,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Investment opportunity with instant returns! Currently rented, This cash-flowing 2-unit property features a spacious 3-bed, 1-bath unit leased at $1550/month and a cozy 2-bed, 1-bath unit rented for $1100/month for a total monthly gross income of $2,650 ! Enjoy the convenience of separate electric and gas meters for each unit, great tenants, ensuring hassle-free management. Bonus: includes a 2-car garage. Don't miss out on this prime income-generating asset!

Price History
5/2/2024 Listed $225,000

General Features

Sewer Public Sewer
Heating Natural Gas
Possession Closing
Garage Spaces 2
Year Built 1925
Township Waukegan
Tax Year 2022
Percent Ownership Fee Simple
County Lake
New Construction No
Property Type Residential Income
Contingency Attorney/Inspection
Total Rooms 13
Status Contingent
Directions North on Lewis Ave to 16th St. Rigth on 16th St to property on right hand side
City North Chicago
High School District 187
MLS Area North Chicago
Waterfront Y/N No
Street Name 16th
Tax Annual Amount 5003
Days on Market 12
Standard Status Active Under Contract
Middle/Junior School District 187
Elementary School District 187
Property Type Two to Four Units

Interior Features

Basement Full
Street Suffix Street
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Basement Unfinished
Full Baths Building 2
Total Number of Units 2

Exterior Features

Water Source Public
Total Parking 6
Lot Dimensions .209
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Vinyl Siding

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60064

Price
AVG $180K
$230K
Taxes
AVG $3,985
$5,003
Visits
AVG 96
33
Data Provided by Inside Real Estate®
Year Built
AVG 1936
1925

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