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$185,000 Just Listed
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Property Description
This property has two homes on it. 186 and 186A Chicago. The dwelling in the front is a 2/1 of 1140 sq ft. The back dwelling 186A is a 1/1 of 432 sq ft. 186A has new hardie board siding. Both have had new roofs put on in 2023/2024. This is a great opportunity for investment property or multi-generational living. Nice large lot with convenient location to bases, parks, shopping, beaches.
Full Property Details
Full Property Details for 186 Chicago Ave
General
- Price: $185,000
- Taxes: $2,055 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 993574
- Updated: Today (1/23/2026)
- Added to Site: Today
Interior
- Rooms/Areas: Bedroom, Family Room, Kitchen, Living Room
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Living Room: Living Room
- Family Room: Family Room
- Kitchen: Kitchen
Exterior
- Exterior Features: Guest Quarters
Location
- Area: 13 - Niceville
- County: Okaloosa
- Subdivision: Valparaiso Plat 01
- Driving Directions: Heading west on HWY 20 take left onto Chicago, home will be on left.
School Information
- Elementary School: Lewis
- Middle School: Lewis or Ruckel
- High School: Niceville
Heating & Cooling
- Heating/Cooling: AC - Window/Wall
Utilities
- Utility Description: Public Sewer, Public Water
Structural Information
- Architectural Style: Florida Cottage
- Stories/Levels: 1
- Square Feet: 1,572
- Sq. Ft. Source: County PA Records
- Year Built: 1947
Lot Features
- Lot Size (Acres): 0.26
- Lot Dimensions: 75 x 150
- Street/Road Desc.: City Road, Paved Road
- Lot Features: Level, Within 1/2 Mile to Water
- Zoning: City, Resid Single Family
Financial Considerations
- Tax Amount: $2,055
- Tax Year: 2025
- Terms: Conventional
Disclosures and Reports
- Legal Description: VALPARAISO PLAT 1 LOT 21 BLK 7
- APN: 12-1S-23-253A-0007-0210
Listed by EXP Realty LLC
Get Pre-Approved Today
Schools
Schools serving 186 Chicago Ave
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Addie R. Lewis School 281 Mississippi Avenue, Valparaiso, FL 32580 | K-4 | 1 mi |
Niceville Senior High School 800 John Sims Parkway, Niceville, FL 32578 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 186 Chicago Ave
Date
Details
Price
Change
Source
1/23/2026
Listed
$185,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 186 Chicago Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,141
9%
$150,307
8%
2024
$1,960
11%
$139,171
3%
2023
$1,768
25%
$134,859
41%
2021
$1,420
-12%
$95,782
-20%
2022
$1,606
13%
$120,110
32%
2021
$1,420
9%
$90,864
5%
2019
$1,302
2%
$86,273
3%
2018
$1,277
4%
$83,733
6%
2017
$1,228
2%
$79,337
1%
2016
$1,207
3%
$78,357
6%
2015
$1,170
7%
$74,188
5%
2013
$1,098
—
$70,661
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 186 Chicago Ave
186 Chicago Avenue, Valparaiso, FL 32580 (MLS# 993574) is a Single Family property with 3 bedrooms and 2 full bathrooms. 186 Chicago Avenue is currently listed for $185,000 and was received on January 23, 2026. Want to learn more about 186 Chicago Avenue? Do you have questions about finding other Single Family real estate for sale in Valparaiso? You can browse all Valparaiso real estate or contact a Coldwell Banker agent to request more information.

