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!
Closed
$235,000
1615 16th St, North Chicago, IL 60064
5beds
--sqft
Multi Family
Built in 1925
-- sqft lot
$287,900 Zestimate®
$--/sqft
$1,643 Estimated rent
Home value
$287,900
$262,000 - $314,000
$1,643/mo
Zestimate® history
Owner options
List your home for rent
$1,643/mo
Rent Zestimate®
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$1,643/mo
Rent Zestimate®
Refinance and save
$1,838/mo
Est. payment
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$1,838/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listing courtesy of:
Brandon Aranda 224-715-5655,
4 Sale Realty Advantage LLC
Bought with:
Ivan Blanco
Dream Town Real Estate
Salah Azar
Dream Town Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12045948
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 6
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 9,104 sqft
Details
- Parcel number: 08324200350000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1925
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: North Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2024 | Sold | $235,000+4.4% |
Source:  MRED as distributed by MLS GRID #12045948 Report a problem | ||
| 5/8/2024 | Contingent | $225,000 |
Source: MRED as distributed by MLS GRID #12045948 Report a problem | ||
| 5/2/2024 | Listed for sale | $225,000+301.8% |
Source: MRED as distributed by MLS GRID #12045948 Report a problem | ||
| 12/10/2001 | Sold | $56,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $5,302 +6% | $52,356 +34.3% |
| 2022 | $5,003 +29.4% | $38,982 +10.1% |
| 2021 | $3,867 +23.5% | $35,408 +54.3% |
| 2020 | $3,132 +6% | $22,944 +9.1% |
| 2019 | $2,956 +40.1% | $21,024 +52.3% |
| 2018 | $2,109 | $13,801 +13% |
| 2017 | $2,109 -13.4% | $12,210 -17.1% |
| 2016 | $2,435 -24% | $14,736 +11.7% |
| 2015 | $3,202 +0.8% | $13,189 -31.2% |
| 2014 | $3,178 -4.1% | $19,159 -7.7% |
| 2012 | $3,314 -11.9% | $20,757 -33.9% |
| 2011 | $3,762 +11.8% | $31,423 -11.1% |
| 2010 | $3,364 -7.6% | $35,347 -11.6% |
| 2009 | $3,642 -1.6% | $40,005 -2.8% |
| 2008 | $3,700 +17.1% | $41,153 +9.6% |
| 2006 | $3,160 +0.1% | $37,559 |
| 2005 | $3,156 +9.1% | -- |
| 2004 | $2,894 +5.4% | -- |
| 2003 | $2,745 +41% | -- |
| 2002 | $1,946 -10.9% | -- |
| 2001 | $2,185 +5% | $24,922 +3.2% |
| 2000 | $2,082 | $24,150 |
Find assessor info on the county website
Neighborhood: Lewis Glen
Nearby schools
GreatSchools rating
- 1/10Evelyn Alexander SchoolGrades: K-3Distance: 0.8 mi
- 4/10Neal Math and Science AcademyGrades: 6-8Distance: 0.5 mi
- 1/10North Chicago Community High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- District: 187
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Lake County
- North Chicago
- 60064
- Lewis Glen
- 1615 16th St
Nearby cities
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