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$ 305,000
$ 300,000 1.7%
Est. payment /mo
Sold on 04/09/2025
1648 Elizabeth AVE North Chicago, IL 60064
8 Beds
5 Baths
9,583 Sqft Lot
UPDATED:
Key Details
Sold Price $305,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
Subdivision Washburn Park
MLS Listing ID 12282323
Bedrooms 8
Year Built 1925
Annual Tax Amount $10,169
Tax Year 2023
Lot Size 9,583 Sqft
Property Sub-Type Two to Four Units
Property Description
This fully occupied 3-unit rental property on a desirable corner lot is a fantastic investment opportunity, generating over $4,000 in gross monthly rental income. The main building consists of two spacious 3-bedroom, 2-bathroom units, each with private entrances and in-unit laundry hookups. An unfinished basement houses the mechanicals and an additional set of laundry hookups. The separate coach house features 2 bedrooms, 1 bathroom, and its own private parking area. Well maintained and cared for, this property has responsible tenants who take pride in their homes. With strong cash flow and long-term investment potential, this is a turnkey opportunity for any investor.
Location
State IL
County Lake
Area North Chicago
Zoning MULTI
Interior
Heating Forced Air
Exterior
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Building Description Aluminum Siding, Yes
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
High Schools North Chicago Community High Sch
School District 187 , 187, 187
Others
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kathryn Daniel • Dillon Realty LLC
Bought with Artur Barkan • KOMAR
Bought with Artur Barkan • KOMAR