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$260,000 -$15,000 (-5.45%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,562 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago
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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 for 1616 Margaret Ln

General

  • Price: $260,000
  • Taxes: $6,048 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12718166
  • Updated: 9/5/2026
  • Added to Site: 40 day(s) ago

Rental Information

  • Complex Features: Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Partially
  • 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
  • Township: DeKalb
  • Subdivision: Hillcrest
  • Driving Directions: N 1st St to West on Ridge, to S on Margaret

School Information

  • School District: 428
  • Elem School District: 428
  • Midd School District: 428
  • High School District: 428

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Ranch
  • Architectural Style: Ranch
  • Construction: Cedar
  • Exterior Const.: Cedar
  • Basement: Yes
  • 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
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 814153003

Listed by Willow Real Estate, Inc

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— 1616 Margaret Ln —

  • Willow Real Estate, Inc

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1616 Margaret Ln

School District:Dekalb Community Unit School District 428
NameGradesDistance
Jefferson Elementary School, DeKalb, IL
211 McCormick Drive, DeKalb, IL 60115
K-50.2 mi
Clinton Rosette Middle School
650 North 1st Street, DeKalb, IL 60115
6-80.6 mi
De Kalb High School
501 West Dresser Road, DeKalb, IL 60115
9-120.7 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/03/2026
Price Reduced
$260,000
-5.45%
MLS
7/28/2026
Listed
$275,000
83.33%
MLS
10/12/2015
Sold
$150,000
—
Public Record
Get Price Alerts and Save Property
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 for 1616 Margaret Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,529
—
$82,569
10%
2024
$5,529
-2%
$75,399
15%
2023
$5,624
1%
$65,742
17%
2021
$5,566
-2%
$56,295
2%
2020
$5,680
3%
$55,398
4%
2019
$5,541
3%
$53,222
4%
2018
$5,387
—
$51,417
4%
2017
$5,409
1%
$49,425
3%
2016
$5,330
-12%
$48,177
6%
2015
$6,069
27%
$45,648
-4%
2014
$4,768
-1%
$47,492
-5%
2013
$4,840
4%
$49,887
-9%
2012
$4,672
—
$54,779
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1616 Margaret Lane, Dekalb, IL 60115 (MLS# 12718166) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 1616 Margaret Lane is currently listed for $260,000 and was received on July 28, 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.

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