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1616 Lincoln Street, North Chicago, IL 60064
$165,000
1616 Lincoln Street, North Chicago, IL 60064View this property at 1616 Lincoln Street, North Chicago, IL 60064
1616 Lincoln StreetNorth ChicagoIL60064
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Property Description
Welcome to this incredible duplex property located in North Chicago! This is an excellent opportunity for an investor looking to expand their portfolio with passive income through rental properties or a savvy homeowner that wants to live for less than renting. This charming duplex features two separate units each with its own entrance, living room, kitchen, laundry, bedrooms and bathrooms. The upper and lower units feature two bedrooms and one bathroom. First floor is currently rented out at $925 a month. The location of this duplex is unbeatable, with easy access to public transportation, major highways, shopping, dining, and entertainment options. It's located in a quiet neighborhood that tenants love. Investing in this duplex is a smart financial move, with a proven track record of generating consistent rental income. This duplex was recently remodeled with a new 2023 furnace and newer water heaters.
Full Property Details
Full Property Details for 1616 Lincoln St
General
- Sold For: $165,000
- Taxes: $6,591 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 11896463
- Added to Site: 213 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Carbon Monoxide Detectors
Exterior
- Exterior Features: Deck, Patio, Porch, Storms/Screens
Parking
- Garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 1
- Total Spaces: 1
- Parking Type: Garage
- Garage Description: None/NA
Location
- Area: North Chicago
- County: Lake
- Driving Directions: Sheridan to 16th (East) to Lincoln St (South) to property
School Information
- School District: 187
- Midd School District: 187
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Exterior Const.: Vinyl Siding
- Basement Desc.: Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1935
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 150
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1935
- Tax Amount: $6,591.54
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 8333160430000
Listed by Circle One Realty
Sold by United Real Estate-Chicago
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Schools
Schools serving 1616 Lincoln St
School District:North Chicago School District 187
Rating | Name | Grades | Distance |
---|---|---|---|
1717 17th St, North Chicago, IL 60064 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1616 Lincoln St
Date
Details
Price
Change
Source
12/26/2023
Sold
$165,000
-8.28%
MLS
10/26/2023
Price Reduced
$179,900
-2.7%
MLS
10/19/2023
Price Reduced
$184,900
-2.63%
MLS
10/12/2023
Price Reduced
$189,900
-2.57%
MLS
10/05/2023
Price Reduced
$194,900
-2.5%
MLS
9/28/2023
Listed
$199,900
—
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 Lincoln Street, North Chicago, IL 60064 (MLS# 11896463) is a Multi-Family property that was sold at $165,000 on December 26, 2023. Want to learn more about 1616 Lincoln Street? Do you have questions about finding other Multi-Family real estate for sale in North Chicago? You can browse all North Chicago real estate or contact a Coldwell Banker agent to request more information.