Recently Listed Open House 10/17 11am - 1pm
1125 Wadsworth Avenue
North Chicago, IL, 60064 $ 338,000
Bedrooms4 Baths3.0 Sq 1,854 Monthly Estimate*
$ 2,334
for $338,000 with 4 bedrooms and 3 full baths. This 1,854 square foot home was built in 1950 on a lot size of 0.14.
WELCOME TO 1125 WADSWORTH AVE: A TURNKEY, FULL RENTED 2-UNIT INVESTMENT BRICK HOME with a total of 4 bedrooms and 3 bathrooms. Come see this exceptional opportunity to own an updated, income-producing brick, two-unit property featuring a spacious 3-bedroom, 2-bathroom unit and a 1-bedroom, 1-bathroom unit. With a proven history of consistent occupancy and established, reliable tenants, this property offers investors immediate rental income, minimal anticipated maintenance, and excellent long-term investment potential. Extensively renovated within the last five years, both units feature updated kitchens with stainless steel appliances, three remodeled bathrooms, updated flooring, windows, doors, trim, drywall, insulation, plumbing, and electrical systems. Major capital improvements include two furnaces, two central AC units, two water heaters, updated electrical panels, roof, soffits, fascia, and gutters, all installed within the last five years. Separately metered utilities help streamline property management and minimize owner expenses. Each unit also features its own full basement providing generous storage and potential for future expansion. Additional highlights include a 1.5-car garage with updated doors and a beautiful fireplace in one of the units as well. Whether you're expanding an established portfolio or purchasing your first multifamily investment, this property checks the boxes: consistent rental history, dependable tenants, substantial capital improvements, and separate utilities. An excellent opportunity to acquire a well-maintained, income-producing asset without the hassle of a major renovation. **EASY TO SHOW WITH 24 HOURS' NOTICE!** VA & FHA READY! See additional listing information for current rent rolls.**
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Open House
10/17/2026 11:00 AM - 1:00 PM
1125 Wadsworth Avenue North Chicago, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 1.5
Architectural Style Ranch
Construction Materials Brick
Year Built 1950
Township Waukegan
Tax Year 2025
Ownership Fee Simple
Gross Income 39600
Community Features Curbs Sidewalks Street Lights
County Lake
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 8
Status New
Directions JACKSON + 12TH TO WADSWORTH NORTH TO #
City North Chicago
High School District 187
MLS Area North Chicago
Tax Annual Amount 9250.58
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 187
Elementary School District 187
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InteriorBasement Unfinished Full
Total Bedrooms 4
Room Type Utility Room-Lower Level
Total Baths 3
Bedrooms Possible 4
Bathroom Soaking Tub
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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ExteriorParking Features Garage Door Opener Garage Yes Garage Owned Detached Off Alley Owned
Water Source Public
Total Parking 5.5
Lot Dimensions 6525
Lot Size Acres 0.14
Waterfront Y/N N
Other Equipment CO Detectors Multiple Water Heaters
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* Excluded FeaturesList ByBlack Label Realty Co.Broker
charis@blacklabelrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,334
- Monthly Property Taxes
- $771
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in North Chicago, IL
Average List Price $295,967
Percent of Sale Price 12%
About North Chicago, IL 31,987 Population
-10% Since 2002
$ 43,943 Median Income
23.7 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
566936 Elementary School
567241 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/14/2026 | $338,000 | | Listed Price |