Solid brick 2-flat offering a rare opportunity for both investors and owner-occupants. This well-maintained building features spacious units with large room sizes, hardwood floors, abundant natural light, separate entrances, and classic wood trim that showcases the property's timeless character. The first-floor unit offers 2 bedrooms and 1 bathroom, while the second-floor unit features 3 bedrooms and 1 bathroom. Both units provide generously sized living rooms, eat-in kitchens, and functional layouts ideal for comfortable living. A full basement offers additional storage and utility space. Outside, you'll find an extended driveway leading to a detached 2-car garage with additional upper-level space for storage, workshop use, or future possibilities. The property also benefits from updated windows, a newer furnace, and water heater. One unit is currently vacant and ready for immediate occupancy. The occupied unit is scheduled to be vacant by the end of August, presenting a unique opportunity to set market rents, owner-occupy, or fully reposition the asset. Whether you're looking to build your portfolio, generate rental income, or house hack, this property offers flexibility, strong upside, and long-term value. Conveniently located near schools, parks, shopping, dining, and major transportation routes. Property is being sold as-is.
Price change
Price cut: $4K (7/9)
$185,000
16530 Winchester Ave, Markham, IL 60428
5beds
--sqft
Multi Family
Built in ----
-- sqft lot
$185,300 Zestimate®
$--/sqft
$-- HOA
What's special
Separate entrancesExtended drivewayAbundant natural lightNewer furnaceEat-in kitchensUpdated windowsHardwood floors
- 29 days |
- 1,260 |
- 109 |
Zillow last checked:
Listing updated:
Listed by:
Landon Kelly (630)379-1078,
Real Broker, LLC
Source: MRED as distributed by MLS GRID,MLS#: 12674499
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 6
- Parking features: Yes, Garage Owned, Detached, Other, Garage
- Garage spaces: 2
Lot
- Size: 4,800 Square Feet
- Dimensions: 40X120
Details
- Parcel number: 29194160350000
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Asphalt
Condition
- New construction: No
- Major remodel year: 2015
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Markham
Financial & listing details
- Tax assessed value: $11,600
- Annual tax amount: $9,177
- Date on market: 6/10/2026
- Ownership: Fee Simple
Estimated market value
$185,300
$176,000 - $195,000
$2,146/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Price change | $185,000-2.1% |
Source: | ||
| 6/23/2026 | Price change | $189,000-5% |
Source: | ||
| 6/10/2026 | Listed for sale | $199,000-0.5% |
Source: | ||
| 1/16/2020 | Listing removed | $200,000 |
Source: eXp Realty LLC #10549328 Report a problem | ||
| 10/16/2019 | Listed for sale | $200,000 |
Source: eXp Realty #10549328 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $1,160 |
| 2023 | $819 -3.2% | $1,160 +30% |
| 2022 | $846 +2.5% | $892 |
| 2021 | $825 +3.9% | $892 |
| 2020 | $794 +16.3% | $892 +11.1% |
| 2019 | $683 +3% | $803 |
| 2018 | $663 +2.5% | $803 |
| 2017 | $647 +17% | $803 +12.5% |
| 2016 | $553 +6.7% | $714 |
| 2015 | $518 -0.9% | $714 |
| 2014 | $523 +6.7% | $714 |
| 2013 | $490 +11.1% | $714 |
| 2012 | $441 +4.9% | $714 |
| 2011 | $421 +4.1% | $714 -11.1% |
| 2010 | $404 +1.4% | $803 |
| 2009 | $399 -4.5% | $803 -19.6% |
| 2008 | $417 +20.3% | $999 +16.7% |
| 2007 | $347 -3.2% | $856 |
| 2006 | $359 +6% | $856 |
| 2005 | $338 +2% | $856 +5.5% |
| 2004 | $331 +6.3% | $811 |
| 2003 | $312 | $811 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 60428
Nearby schools
GreatSchools rating
- 2/10Barack H Obama Learning AcademyGrades: PK-8Distance: 0.6 mi
- 3/10Thornwood High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- District: 152
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Cook County
- Markham
- 60428
- 16530 Winchester Ave





