North Chicago IL Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1957
Baths:
2.00
MLS#:
12301935

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

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

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

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

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

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

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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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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North Chicago Real Estate

The median home value in North Chicago, IL is $190,000. 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 $190,000. 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.

North Chicago Real Estate Market Conditions

  • Median sales price

    $190,000
    14.5% change since last quarter
  • # Active listings

    42
    30-day change

North Chicago Schools and Demographics

Education near North Chicago, IL

Metric City County
High School Graduates 81.66 90.81
College Degree - 2 year 6.56 6.49
College Degree - 4 year 23.26 46.32
Graduate Degree 5.87 14.09
Expenditures per Student 24,440 24,440
Students per Teacher 13.6 13.6

Elementary Schools near North Chicago, IL

School Grades Students P/T Ratio ZIP
A J Katzenmaier Elementary School 03 - 05 371 15.5 60064
Adler Park School PK - 05 266 16.1 60048
Andrew Cooke Magnet Elementary School KG - 05 474 13.9 60085
Butterfield School KG - 05 542 14.7 60048
Carman-Buckner Elementary School PK - 05 731 14.9 60085
Copeland Manor Elementary School KG - 05 421 15.3 60048
Early Learning Center PK - PK 192 22.9 60085
Forrestal Elementary School PK - 02 468 15.6 60088
Glen Flora Elementary School KG - 05 502 19.3 60085
Glenwood Elementary School PK - 05 765 15.6 60085
Greenbay Elementary School KG - 05 273 16.2 60064
Howard A Yeager Elementary School 03 - 05 289 14.4 60064
Hyde Park Elementary School KG - 05 339 17.8 60085
Lake Bluff Elementary School KG - 05 550 12.4 60044
Learn Charter School 6 North Chicago Campus KG - 08 490 16.9 60088
Lyon Magnet Elementary School KG - 05 536 15.8 60085
North Elementary School PK - 05 680 20 60085
North Elementary School PK - 02 440 15.2 60064
Oak Grove Elementary School PK - 08 797 11.7 60048
Rockland Elementary School KG - 05 285 12.7 60048
South Elementary School KG - 05 302 17 60064
Washington Elementary School PK - 05 671 16.8 60085
Whittier Elementary School KG - 05 703 20.7 60085

Middle Schools near North Chicago, IL

School Grades Students P/T Ratio ZIP
Daniel Webster Middle School 06 - 08 639 11.8 60085
Epic - AOEC PK - PK 168 9.7 60085
Epic - Cap PK - PK 305 19.8 60085
Highland Middle School 06 - 08 952 15.1 60048
Howard a Yeager Elem School PK - PK 198 20.1 60064
Lake Bluff Middle School 06 - 08 307 9.9 60044
Miguel Juarez Middle School 06 - 08 802 13.2 60085
Neal Math Science Academy 06 - 08 625 13.8 60064
Robert E Abbott Middle School 06 - 08 787 14.8 60085
Thomas Jefferson Middle School 06 - 08 912 12.5 60085

High Schools near North Chicago, IL

School Grades Students P/T Ratio ZIP
Libertyville High School 09 - 12 1,969 15.1 60048
North Chicago Community High School 09 - 12 770 14.9 60064
Waukegan High School 09 - 12 4,476 20.8 60085

Demographics near North Chicago, IL

Metric City County
Neighborhood Type
Population 30,619 714,484
Population Density 3,830 1,609
Median Age 23.7 38.5
People per Household 2.6 2.8
Median Household Income 47,884 97,127
Average Income per Capita 23,116 49,440