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$260,000
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Property Description
Enjoy the ease of ranch-style living in this spacious home located on a tree-lined street just off N 1st Street in beautiful Hillcrest Subdivision, offering convenient access to shopping, parks, and restaurants. The bright kitchen features a breakfast bar and table space, while the generous living and dining room is filled with natural light. A must-have, main floor laundry room adds everyday convenience. Primary Bedroom includes an adjoining walk-through half bath and Bedrooms #2 & #3 offer hardwood floors and large closets. The finished basement showcases an industrial contemporary style, creating flexible space for a family room, game room, home office, or hobby area. Outside you'll find an oversized 2-car garage, patio, and nice yard with room to enjoy the outdoors. Repairs and unfinished projects still remain, making this a great option for buyers looking to build equity while personalizing the space. Opportunities like this don't come along often so make it your own before it's gone!
Full Property Details
Full Property Details for 1616 Margaret Ln
General
- Sold For: $260,000
- Taxes: $6,048 (2025)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12718166
- Added to Site: 51 day(s) ago
Interior
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Carbon Monoxide Detectors, Sump Pump
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: De Kalb
- County: DeKalb
- Subdivision: Hillcrest
- Driving Directions: N 1st St to West on Ridge, to S on Margaret
School Information
- School District: 428
- Midd School District: 428
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Cedar
- Exterior Const.: Cedar
- Basement Desc.: Partially Finished, Full
- Square Feet: 1,562
- Sq. Ft. Source: Assessor
- Year Built: 1966
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.245
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 85 x 136 x 75 x 139.85
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1966
- Tax Amount: $6,048.3
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 814153003
Listed by Willow Real Estate, Inc
Sold by Century 21 Circle - Aurora
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Schools
Schools serving 1616 Margaret Ln
School District:Dekalb Community Unit School District 428
| Name | Grades | Distance |
|---|---|---|
Jefferson Elementary School, DeKalb, IL 211 McCormick Drive, DeKalb, IL 60115 | K-5 | 0.2 mi |
Clinton Rosette Middle School 650 North 1st Street, DeKalb, IL 60115 | 6-8 | 0.6 mi |
De Kalb High School 501 West Dresser Road, DeKalb, IL 60115 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1616 Margaret Ln
Date
Details
Price
Change
Source
10/13/2026
Sold
$260,000
—
MLS
9/03/2026
Price Reduced
$260,000
-5.45%
MLS
7/28/2026
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1616 Margaret Lane, Dekalb, IL 60115 (MLS# 12718166) is a Single Family property that was sold at $260,000 on October 13, 2026. Want to learn more about 1616 Margaret Lane? Do you have questions about finding other Single Family real estate for sale in Dekalb? You can browse all Dekalb real estate or contact a Coldwell Banker agent to request more information.

