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$ 1,830,000
Est. payment | /mo
0.55 Acres Lot
$ 1,830,000
Est. payment | /mo
0.55 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12218250
Year Built 1962
Annual Tax Amount $28,086
Tax Year 2023
Lot Size 0.550 Acres
Lot Dimensions 120X200
Property Sub-Type Multi Family 5+
Property Description
Price Reduced - Motivated Seller! Cash Cow Investment Opportunity in North Chicago! Don't miss this exceptional chance to own a high-performing 3-building multi-family package in a rapidly growing market. With 18 total units and 20 parking spaces, this property is offering strong immediate returns and long-term upside. Each building includes five 2-bedroom units and one 1-bedroom unit, with updated interiors in 70% of the units. The buildings are 100% occupied and well-maintained, with on-site coin laundry providing additional income. Located in an up-and-coming North Chicago neighborhood, this investment presents incredible value and stability with room for future growth. The seller is highly motivated, and with the recent price reduction, this is your chance to secure a rare, income-producing asset at a great value. Whether you're expanding your portfolio or looking for a rock-solid performer, this property delivers. Act fast-opportunities like this don't last!
Location
State IL
County Lake
Area North Chicago
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Roof Type Rubber
Building
Dwelling Type Multi Family 5+
Water Municipal Water
Level or Stories 2
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Sonny Kovacevic • Coldwell Banker Realty
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Matt Humpal
Broker-Associate | Lic# 475151238