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Price change
  • Price cut: $4K (7/9)
    $185,000

    16530 Winchester Ave, Markham, IL 60428

    5beds
    --sqft
    : 
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    Multi Family
    Built in ----
    -- sqft lot
    $185,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Separate entrancesExtended drivewayAbundant natural lightNewer furnaceEat-in kitchensUpdated windowsHardwood floors
    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.
    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#: 12674499MLS Logo

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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

        DateEventPrice
        7/9/2026Price change$185,000-2.1%
        Source: MRED as distributed by MLS GRID #12674499 Report a problem
        6/23/2026Price change$189,000-5%
        Source: MRED as distributed by MLS GRID #12674499 Report a problem
        6/10/2026Listed for sale$199,000-0.5%
        Source: MRED as distributed by MLS GRID #12674499 Report a problem
        1/16/2020Listing removed$200,000
        Source: eXp Realty LLC #10549328 Report a problem
        10/16/2019Listed for sale$200,000
        Source: eXp Realty #10549328 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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

        Getting around

        47 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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