North Chicago IL Multi Family for Sale
Open House:
Saturday, 3/22 5:00-7:00PM
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 5
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 12313549
View additional info
Courtesy: Century 21 Circle
847-336-7333
ADDITIONAL INFORMATION
This turnkey, fully rehabbed 2-flat in North Chicago offers over 1,800 sq. ft. of modern living space, making it an incredible opportunity for passive income, multi-generational living, or first-time homebuyers looking to break into real estate investing. The first, main-level unit features 3 bedrooms, 2 full bathrooms, a separate living and family room, with a walk-in pantry, providing ample space and convenience. The second-level unit offers 2 bedrooms, 1 bathroom, and a separate dining room, creating a comfortable and functional layout. Each unit has its own private basement, along with separate utilities, ensuring efficiency and ease for owners and tenants alike. A 2.5-car garage and ample parking adds to the convenience. Fully approved for occupancy and passed all city inspections, this home is move-in ready and just 5 minutes from Greenbelt Forest Preserve and Foss Park. Don't miss out on this prime investment opportunity!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Year built:
- 1957
- Baths:
- 2.00
- MLS#:
- 12301935
View additional info
Courtesy: Compass
847-318-3718
ADDITIONAL INFORMATION
BACK ON MARKET BECAUSE BUYER HAD LOAN ISSUE. This ALL BRICK 2-unit home in North Chicago is an incredible opportunity for investors or owner-occupants looking to capitalize on its potential. This property is situated on three PIN numbers and offers added value and versatility for future owners. The main floor unit features 3 bedrooms, 1 bathroom, hardwood floors, and a spacious kitchen, ready for your updates and personal touch. The second unit, currently tenant-occupied, includes 2 bedrooms and a full bathroom, making it an attractive source of rental income. The unfinished basement is perfect for storage- or finishing later on. The detached 2-car garage features a brand-new roof installed just three months ago, while the roof on the main house is approximately 15 years old. Both units share a back entrance, providing easy access to each unit while maintaining privacy. Taxes on this property do not reflect any exemptions, offering a potential savings opportunity for future buyers. The property is being sold as-is to cash or conventional buyers only, as it will not qualify for FHA financing. This sale is also subject to North Chicago inspection and includes 100 tax proration. Showings are designed to prioritize convenience and tenant privacy. The main floor unit, which requires the most work, and the basement are available for go-and-show appointments. If still interested after viewing these areas, access to the tenant-occupied second-floor unit, which is in better condition, and the garage can be arranged with 24-hour notice. This property, with its great bones and income-generating potential, is a must-see. Schedule your showing today!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 10
- Year built:
- 1921
- Baths:
- 4.00
- MLS#:
- 12293664
View additional info
Courtesy: eXp Realty, LLC - Chicago North Ave
888-574-9405
ADDITIONAL INFORMATION
This recently remodeled 4-unit property is a prime investment opportunity, featuring extensive updates completed in 2022. The building received a new roof and water heaters in 2023, along with an updated electrical panel for modern efficiency. Each unit showcases fresh paint, new light fixtures, flooring, doors, cabinets, sinks, and showers, with GFI outlets installed throughout for added safety and compliance. The basement includes two washer and two dryer hookups, providing convenient laundry access for tenants. Additionally, the building offers assigned parking spaces by unit number, ensuring easy and organized parking for residents. With its recent upgrades and low-maintenance features, this property is a fantastic turnkey investment. Currently cash flowing with tenants in place at market rent rate, lease option for month to month after lease term allowing for the home to be sold to a non-investor and become owner-occupied should someone be interested. This property is part of a larger real estate portfolio for sale, making it a great opportunity for investors or homebuyers alike. Property can be sold as part of a portfolio for a package deal or alone, including the following MLS listings: 12293655, 12293654, 12293650, 12293646, 12293653, 12293643, 12293645, 12293632, 12293662, 12293648, 12293664, 12293660, 12297303.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 12291945
View additional info
Courtesy: eXp Realty, LLC
888-574-9405
ADDITIONAL INFORMATION
Discover the perfect blend of comfort, convenience, and income potential with this spacious two-unit home! Whether you're a first-time homebuyer looking to supplement your mortgage with rental income, keep family close while maintaining separate spaces or an investor seeking a high-demand property, this home is a fantastic opportunity. With strong rental demand and a versatile layout, this property is a smart investment for anyone looking to maximize their real estate potential. Don't miss out on this rare find-schedule a showing today!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Year built:
- 1925
- Baths:
- 5.00
- MLS#:
- 12282323
- Subdivision:
- Washburn Park
View additional info
Courtesy: Dillon Realty LLC
847-496-3350
ADDITIONAL INFORMATION
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.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1920
- Baths:
- 3.00
- MLS#:
- 12279824
View additional info
Courtesy: RE/MAX Plaza
847-596-6100
ADDITIONAL INFORMATION
Price To Sell ! Investors oppertuniity , take note! This fantastic duplex at 1022 McAlister Ave in North Chicago, IL, offers a unique opportunity. Featuring one vacant and one tenant-occupied units with a total of 6 bedrooms and 3 baths, this property is perfect for generating income. The first level apartment has 4 bedrooms & 2 baths . The second level apartment has 2 bedrooms & 1 bath, Come and see this property in person and check out this must see duplex! This home is being sold "as is".
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1940
- Baths:
- 2.00
- MLS#:
- 12265659
View additional info
Courtesy: RE/MAX Partners
708-484-2300
ADDITIONAL INFORMATION
Remarkable Multi-Unit Property with Double Lot. This unique 2-flat sits on a DOUBLE LOT and offers incredible versatility and value. Each floor boasts 2 bedrooms, 1 full bathroom, a spacious kitchen, and a cozy living room-perfect for multi-generational living or rental opportunities. Both units come equipped with refrigerator, stove, and hood range appliances, ensuring move-in readiness. The property also features a full unfinished basement with limitless potential to create additional living or storage space. A detached garage and a huge driveway provide ample parking, including space for up to 4 cars in the front driveway. Situated on a rare double lot, this property offers expansive outdoor space for entertaining, or future development. The property boasts several key updates completed within the past 2-3 years, including a new furnace, windows, roof, sump pump, and an upgraded 200AMP electrical system-providing peace of mind and efficiency for years to come. Conveniently located and packed with potential, this property is ideal for investors or those looking to live in one unit while renting out the other.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Year built:
- 1910
- Baths:
- 2.00
- MLS#:
- 12219747
View additional info
Courtesy: Century 21 Circle
847-336-7333
ADDITIONAL INFORMATION
GREAT MULTIFAMILY INVESTMENT PROPERTY BOTH UNITS ARE CURRENTLY OCCUPIED 1ST LEVEL UNIT FEATURES 3 BEDROOM 1 BATH W LIVING ROOM AND DINING ROOM, 2ND LEVEL UNIT W/ SEPARATE ENTRANCE FEATURES 2 BEDROOMS AND 1 BATH. PARTIALLY FINISHED BASEMENT AND LARGE 3 CAR BRICK GARAGE.
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North Chicago Real Estate
The median home value in North Chicago, IL is $187,500. This is lower than the county median home value of $296,900. The national median home value is $338,100. The average price of homes sold in North Chicago, IL is $187,500. Approximately 29.64% of North Chicago homes are owned, compared to 59.05% rented, while 11.31% are vacant. North Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a North Chicago real estate agent to arrange a tour today!
North Chicago, Illinois has a population of 30,619. North Chicago is more family-centric than the surrounding county with 36.51% of the households containing married families with children. The county average for households married with children is 36.27%.
The median household income in North Chicago, Illinois is $47,884. The median household income for the surrounding county is $97,127 compared to the national median of $69,021. The median age of people living in North Chicago is 23.7 years.
North Chicago Weather
The average high temperature in July is 81.4 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 36.1 inches per year, with 38.2 inches of snow per year.