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1615 16th Street North Chicago, IL $ 225,000
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$ 225,000 Get more info
1615 16th Street
$ 225,000
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1615 16th Street

North Chicago, IL, 60064
$ 225,000
Bedrooms5 Baths2.0

Monthly Estimate*

$ 1,495

1615 16th Street, North Chicago, IL 60064 - Image 1
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1615 16th Street, North Chicago, IL 60064 - Image 13
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Multi-Family Home for sale in North Chicago, IL

for $225,000 with 5 bedrooms and 2 full baths. This home was built in 1925.

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!

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Multi-Family Contingent

Price

$ 225,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,003

Style

Year Built

1925

Town/City

North Chicago

County/Region

Lake

MLS | Web ID

12045948
Features
General
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 N
Property Type Residential Income Two to Four Units
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 N
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
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Interior
Basement Full Unfinished
Street Suffix Street
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Water Source Public
Total Parking 6
Lot Dimensions .209
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Vinyl Siding
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* Excluded Features
List By
4 Sale Realty Advantage

Broker

brandon4salerealty@gmail.com

Email

Affordability Calculator

$1,912
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,495
Monthly Property Taxes
$417
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
566936 Elementary School
567241 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/2/2024$225,000 Listed Price

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1615 16th Street, North Chicago, IL, 60064 is a Multi-Family Home for sale at $225,000. 1615 16th Street has 5 bedrooms, 2.0 baths, and was built in 1925. The property's zip code is 60064 which is in North Chicago, IL

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