Welcome to this incredible duplex property located in North Chicago! This is an excellent opportunity for an investor looking to expand their portfolio with passive income through rental properties or a savvy homeowner that wants to live for less than renting. This charming duplex features two separate units each with its own entrance, living room, kitchen, laundry, bedrooms and bathrooms. The upper and lower units feature two bedrooms and one bathroom. First floor is currently rented out at $925 a month. The location of this duplex is unbeatable, with easy access to public transportation, major highways, shopping, dining, and entertainment options. It's located in a quiet neighborhood that tenants love. Investing in this duplex is a smart financial move, with a proven track record of generating consistent rental income. This duplex was recently remodeled with a new 2023 furnace and newer water heaters.
Closed
$165,000
1616 Lincoln St, North Chicago, IL 60064
4beds
--sqft
Multi Family
Built in 1935
-- sqft lot
$258,500 Zestimate®
$--/sqft
$1,980 Estimated rent
Home value
$258,500
$220,000 - $297,000
$1,980/mo
Zestimate® history
Owner options
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$1,980/mo
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$1,980/mo
Rent Zestimate®
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$1,313/mo
Est. payment
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$1,313/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Ryan Cherney 630-862-5181,
Circle One Realty
Bought with:
Marisol Sotelo
United Real Estate - Chicago
Source: MRED as distributed by MLS GRID,MLS#: 11896463
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Soaking Tub
Heating
- Natural Gas
Features
- Windows: Screens
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 1
- Parking features: No Garage, On Site, Garage Owned, Detached, Garage
- Garage spaces: 1
Features
- Patio & porch: Deck, Patio, Porch
Lot
- Size: 7,500 Square Feet
- Dimensions: 50X150
Details
- Parcel number: 08333160430000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1935
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s)
Location
- Region: North Chicago
Financial & listing details
- Tax assessed value: $201,107
- Annual tax amount: $6,591
- Date on market: 9/28/2023
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/26/2023 | Sold | $165,000-8.3% |
Source:  MRED as distributed by MLS GRID #11896463 Report a problem | ||
| 10/30/2023 | Contingent | $179,900 |
Source: MRED as distributed by MLS GRID #11896463 Report a problem | ||
| 10/26/2023 | Listed for sale | $179,900-2.7% |
Source: MRED as distributed by MLS GRID #11896463 Report a problem | ||
| 10/19/2023 | Contingent | $184,900-2.6% |
Source: MRED as distributed by MLS GRID #11896463 Report a problem | ||
| 10/12/2023 | Price change | $189,900-2.6% |
Source: MRED as distributed by MLS GRID #11896463 Report a problem | ||
| 10/5/2023 | Price change | $194,900-2.5% |
Source: MRED as distributed by MLS GRID #11896463 Report a problem | ||
| 9/28/2023 | Listed for sale | $199,900+566.3% |
Source: MRED as distributed by MLS GRID #11896463 Report a problem | ||
| 8/28/2013 | Listing removed | $30,000 |
Source: CENTURY 21 Maki United #08008818 Report a problem | ||
| 9/17/2012 | Sold | $30,000 |
Source: MRED as distributed by MLS GRID #08008818 Report a problem | ||
| 7/31/2012 | Pending sale | $30,000 |
Source: CENTURY 21 Maki United #08008818 Report a problem | ||
| 7/18/2012 | Price change | $30,000-45.4% |
Source: CENTURY 21 Maki United #08008818 Report a problem | ||
| 5/5/2012 | Price change | $54,900-8.3% |
Source: CENTURY 21 Maki United #08008818 Report a problem | ||
| 3/17/2012 | Listed for sale | $59,900-55.6% |
Source: CENTURY 21 Maki United #08008818 Report a problem | ||
| 7/1/2004 | Sold | $135,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,583 +10% | $80,586 +20.2% |
| 2023 | $7,800 +18.3% | $67,029 +16.8% |
| 2022 | $6,592 +16.4% | $57,401 +23% |
| 2021 | $5,664 +19.4% | $46,651 +34.3% |
| 2020 | $4,742 +6% | $34,740 +9.1% |
| 2019 | $4,475 +26.3% | $31,834 +37.4% |
| 2018 | $3,542 | $23,175 +13% |
| 2017 | $3,542 -6.2% | $20,504 -10.2% |
| 2016 | $3,775 +46% | $22,843 +11.7% |
| 2015 | $2,585 +68.9% | $20,445 +12.4% |
| 2014 | $1,531 +16.1% | $18,194 -33.9% |
| 2012 | $1,318 -74.7% | $27,520 -36.8% |
| 2011 | $5,211 -4.4% | $43,529 -17.8% |
| 2010 | $5,452 -0.1% | $52,940 -11.7% |
| 2009 | $5,455 -1.6% | $59,922 -2.8% |
| 2008 | $5,543 +22.5% | $61,641 +14.6% |
| 2006 | $4,525 -0.1% | $53,784 |
| 2005 | $4,532 +8.6% | -- |
| 2004 | $4,174 +5.2% | -- |
| 2003 | $3,966 +37.6% | -- |
| 2002 | $2,883 +1.2% | -- |
| 2001 | $2,848 +4.5% | $32,494 +2.7% |
| 2000 | $2,727 | $31,638 |
Find assessor info on the county website
Neighborhood: Midtown
Nearby homes
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Nearby schools
GreatSchools rating
- 1/10Evelyn Alexander SchoolGrades: K-3Distance: 0.5 mi
- 4/10Neal Math and Science AcademyGrades: 6-8Distance: 0.8 mi
- 1/10North Chicago Community High SchoolGrades: 9-12Distance: 0.6 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
- Midtown
- 1616 Lincoln St
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