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1919 16th Street North Chicago, IL 60064 Multi Unit - Multiple New

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  • 1919 16th Street , North Chicago, IL 60064 Main Photo

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Description

Expand your portfolio with this rare, value packed multi-unit property offering true maintenance free living and a FULL unfinished basement ideal for storage income or future expansion. Live in one unit and let the other help with your mtg pmt or rent both for strong, steady cash flow. This well located duplex sits on a main street surrounded by essential community anchors: the Fire Station, Police Department, Park District, and High School are all just minutes away, making it an attractive option for long term tenants and owner occupants alike. Each unit includes 2 dedicated parking spaces, a major convenience rarely found at this price point. The property features separate utilities, a full basement, and recent maintenance completed directly by the owner. Exterior siding was freshly painted in September 2026, and the 2ndfloor boiler was replaced in 2026, adding peace of mind for future ownership. Rental Details: Unit 1: Currently rented at $1,300/month on a 6month lease; tenants are open to signing a longer term. Unit 2: Lease ends at the end of September-ideal timing for owner occupancy or new tenant placement.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 6
Bathrooms: 3
County: Lake
Listed By:
Keller Williams Experience 630-598-0755
MRED MLS
$250,000
Est. $1,712/mo
6beds
3baths
New to the Market New
BEDS6 BATHS3 full MLS#12751932
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 187

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1919 16th Street , North Chicago, IL 60064.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $250,000$250,000$250,000
Down Payment $50,000$8,750$62,500
Monthly Mortgage Amount $1,264$1,552$1,570
Taxes $348$348$348
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$110$0
Monthly Estimated Total $1,712$2,110$2,018

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