ClosedPrice Reduced

$179,900

$199,900
1616 Lincoln Street, North Chicago, IL 60064
4 Beds2 Baths31 days
1616 Lincoln Street·North Chicago, IL 60064
4Bedrooms
2Bathrooms
1935Year Built
About This Home

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.

MLS# 11896463Listed September 28, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Total Rooms8

Size & Structure

Garage Spaces1
Year Built1935
Lot Size50X150

Location

CountyLake
TownshipWaukegan
Zip Code60064

Financial

List Price$179,900
Original Price$199,900
Annual Taxes (2022)$6,592
Monthly Tax Est.$549
Parcel #08333160430000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Vinyl Siding

Roof

Asphalt

Foundation

Concrete Perimeter

Patio & Porch

DeckPatioPorch
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

No GarageOn SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$6,592
Tax Year 2022
Monthly Tax Est.
$549
per month
Price Reduced by $20,000
Original list price: $199,900
Property Location

1616 Lincoln Street, North Chicago, IL 60064Lake County

$179,900
1616 Lincoln Street
4 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
31 days on market
1-car garage
50X150
$6,592/yr taxes
Price reduced $20,000
$1,495
estimated monthly payment
Principal & Interest
$945/mo
Property Tax
$549/mo
$179,900
20% — $35,980
3%50%
6.875%
3%12%
Loan Amount
$143,920
Down Payment
$35,980

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

Listed by
Circle One Realty
Agent: Ryan Cherney
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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