Handyman Special!
last call for offers!
1405 1st Street, Winthrop Harbor, IL 60096
Priced to Sell – Bring Your Vision and Your Toolbox!
Opportunity knocks at 1405 1st Street in the charming lakeside community of Winthrop Harbor. This property is being offered as a fixer-upper / handyman special and is ideal for investors, flippers, contractors, or buyers looking to build sweat equity.
Situated on a generous 0.46-acre lot, this approximately 1,488 sq. ft. home features 4 bedrooms and 1.5 baths and was originally built in 1935. Public records indicate the property includes garage parking and a large lot with plenty of room for future improvements.
Property Highlights
4 Bedrooms
1.5 Bathrooms
Approximately 1,488 sq. ft.
Large 0.46-acre lot
Well water and septic system
Furnace replaced/updated in 2020
Water heater replaced/updated in 2020
Detached garage with significant repair needs
Quiet residential location near Lake Michigan, North Point Marina, Metra, and Illinois/Wisconsin border communities. ?
Condition
This property needs extensive renovation throughout and is being sold strictly AS-IS. The home requires substantial updating and repairs, including:
Complete interior renovation
Cosmetic and mechanical updates
Deferred maintenance throughout
Major garage overhaul/rebuild recommended
General cleanup and TLC inside and out
The upside is significant for the right buyer willing to take on a full restoration project.
Investment Potential
With nearby homes in Winthrop Harbor commonly selling well above $250,000 when updated, this property offers an opportunity for investors or owner-occupants looking to create value through renovation. ?
Redfin +1
Terms
Property sold AS-IS, WHERE-IS. Seller will make no repairs. Buyers should perform their own inspections and due diligence.
**If you're looking for a project property with strong upside potential, this could be the opportunity you've been waiting for. Schedule your showing today and bring your renovation ideas!**
Pending
Price cut: $15K (8/5)
$160,000
1405 1st St, Winthrop Harbor, IL 60096
4beds
1,488sqft
SingleFamily
Built in 1935
0.46 Acres Lot
$155,400 Zestimate®
$108/sqft
$-- HOA
What's special
Garage parking
What the owner loves about this home
Great quiet neighborhood near the lake. perfect house to fix for your family!
- 143 days
- 54
- 2
Listed by:
Property Owner (847) 400-6033
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Baseboard, Forced air, Wall, Gas
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Laminate, Linoleum / Vinyl
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,488 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached, Garage - Detached
Features
- Exterior features: Metal
Lot
- Size: 0.46 Acres
Details
- Parcel number: 0403300046
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Other
Condition
- New construction: No
- Year built: 1935
Community & HOA
Location
- Region: Winthrop Harbor
Financial & listing details
- Price per square foot: $108/sqft
- Tax assessed value: $193,009
- Annual tax amount: $4,867
- Date on market: 6/13/2026
Estimated market value
$155,400
$137,000 - $185,000
$2,709/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Pending sale | $160,000$108/sqft |
Source: Owner Report a problem | ||
| 8/5/2026 | Price change | $160,000-8.6%$108/sqft |
Source: Owner Report a problem | ||
| 7/27/2026 | Price change | $175,000-2.8%$118/sqft |
Source: Owner Report a problem | ||
| 7/7/2026 | Listed for sale | $180,000-5.3%$121/sqft |
Source: Owner Report a problem | ||
| 6/28/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/22/2026 | Price change | $190,000-4.5%$128/sqft |
Source: Owner Report a problem | ||
| 6/13/2026 | Listed for sale | $199,000$134/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,867 +12.8% | $70,505 +9.6% |
| 2023 | $4,314 +1.9% | $64,330 +14.6% |
| 2022 | $4,234 -1.6% | $56,153 +13.2% |
| 2021 | $4,302 +4.2% | $49,600 +7.5% |
| 2020 | $4,130 +10% | $46,128 +5.4% |
| 2019 | $3,753 +27.9% | $43,764 -4.5% |
| 2018 | $2,936 | $45,843 +6.3% |
| 2017 | $2,936 -17.4% | $43,126 +5% |
| 2016 | $3,553 -15.1% | $41,057 +9% |
| 2015 | $4,184 +1.5% | $37,653 +5.6% |
| 2014 | $4,121 +0.7% | $35,662 -3.8% |
| 2012 | $4,093 +2.2% | $37,059 -18.3% |
| 2011 | $4,006 +1.6% | $45,353 -9.4% |
| 2010 | $3,942 +2.1% | $50,042 -7.2% |
| 2009 | $3,862 -0.1% | $53,942 -0.8% |
| 2008 | $3,865 +5.7% | $54,394 +5.7% |
| 2006 | $3,657 +12.3% | $51,446 |
| 2005 | $3,257 +4.2% | -- |
| 2004 | $3,126 +1% | -- |
| 2003 | $3,095 +3.1% | -- |
| 2002 | $3,003 +4.9% | -- |
| 2001 | $2,862 +10.1% | $38,673 +3.2% |
| 2000 | $2,599 | $37,477 |
Find assessor info on the county website
Monthly payment
Est. payment






