Closed

$275,000

1541 Lincoln Street, North Chicago, IL 60064
5 Beds3 Baths12 days
1541 Lincoln Street·North Chicago, IL 60064
5Bedrooms
3Bathrooms
1920Year Built
About This Home

Step into this fully remodeled two-flat that is perfectly designed for comfortable living. Ideal for a multi-generational household or those seeking a strategic way to offset their living expenses by occupying one unit and renting the other. This building is also fitting for the savvy investor seeking cashflow and passive income. This massive home boasts beautiful open floor plans, complete with refurbished hardwood floors, new trim throughout, and all the finishing touches. The kitchens and bathrooms have undergone a stunning transformation, featuring modern designs and crafted finishes. Fresh paint and new light fixtures enhance the ambiance throughout. The entire building has been meticulously upgraded with a new roof, siding, gutters, windows, and appliances, ensuring a worry-free lifestyle. The lower-level unit offers two nicely sized bedrooms, one bathroom, a fully equipped kitchen with an island, and a private enclosed porch. Upstairs, the second unit provides three bedrooms and a full bath, new flooring throughout, plus a massive kitchen including a combined dining area and ample counter/cabinet space. Last but not least, this property includes a full basement, a fenced yard, and a large 2-car detached garage with additional parking on the side, accessible through the alleyway. All in all, this two-flat is a rare find. All major utilities are new: electrical panels, water heaters, furnaces, and air conditioning units. Don't miss the opportunity to make this fully remodeled property your dream home or your next smart investment. Contact us today for a viewing!

MLS# 11952768Listed December 29, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms3
Total Rooms10

Size & Structure

Garage Spaces2
Year Built1920
Lot Size0.140 acres

Location

CountyLake
TownshipShields
Zip Code60064

Financial

List Price$275,000
Annual Taxes (2022)$4,798
Monthly Tax Est.$400
Parcel #08333110040000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Vinyl SidingBrick

Roof

Asphalt
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteGarage OwnedDetachedAdditional ParkingAlley AccessOwnedGarage
Tax & Financial
Annual Taxes
$4,798
Tax Year 2022
Monthly Tax Est.
$400
per month
Property Location

1541 Lincoln Street, North Chicago, IL 60064Lake County

$275,000
1541 Lincoln Street
5 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
12 days on market
2-car garage
0.140 acres
$4,798/yr taxes
$1,845
estimated monthly payment
Principal & Interest
$1,445/mo
Property Tax
$400/mo
$275,000
20% — $55,000
3%50%
6.875%
3%12%
Loan Amount
$220,000
Down Payment
$55,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Century 21 Circle
Agent: Luz Marin
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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