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$269,000 Just Listed
Property Description
Live in One Unit & Let the Other generate additional income! Here's your opportunity to own a spacious two-unit property in North Chicago-live in one unit while renting or Airbnb'ing the other. This versatile property offers excellent potential for an owner-occupant or investor. The main-level unit was previously remodeled and features 4 bedrooms and 1 full bath. The upper unit offers 2 bedrooms and 1 bath, along with its own separate entrance for added privacy. Additional features include a partially finished basement, 2-car garage, newer boiler, and separately metered utilities. Whether you're looking for an income-producing investment or a place to call home while generating rental income, this property offers plenty of possibilities. Property is being offered "As-Is."
Full Property Details
Full Property Details for 1616 Victoria Ave
General
- Price: $269,000
- Taxes: $9,940 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12740474
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Sump Pump
- Other Features: School Bus Service
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: North Chicago
- County: Lake
- Township: Waukegan
- Driving Directions: Green Bay Rd to Argonne East to Grove North to 18th West to Harvey South to #
School Information
- School District: 187
- Elem School District: 187
- Midd School District: 187
- High School District: 187
Heating & Cooling
- Heating Type: Steam, Zoned
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick, Stucco, Clad Trim
- Exterior Const.: Brick, Stucco, Clad Trim
- Basement: Yes
- Basement Desc.: Partially Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1920
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 127
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1920
- Tax Amount: $9,940
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 8333150380000
Listed by Keller Williams North Shore West
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Schools
Schools serving 1616 Victoria Ave
School District:North Chicago School District 187
| Name | Grades | Distance |
|---|---|---|
Evelyn Alexander School 1210 Adams Street, North Chicago, IL 60064 | K-5 | 0.5 mi |
LEARN Charter School 6 North Chicago 601 D St Bldg 130H, Great Lakes, IL 60088 | K-8 | 1.7 mi |
Neal Math and Science Academy 1905 Argonne Drive, North Chicago, IL 60064 | 6-8 | 0.7 mi |
North Chicago Community High School 1717 17th Street, North Chicago, IL 60064 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 1616 Victoria Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,940
10%
$83,372
7%
2024
$9,034
23%
$77,627
17%
2023
$7,360
35%
$66,479
28%
2022
$5,462
23%
$52,091
16%
2021
$4,425
7%
$44,872
17%
2020
$4,117
—
$38,420
9%
2019
$4,117
45%
$35,206
56%
2018
$2,845
18%
$22,524
13%
2017
$2,406
-16%
$19,928
-10%
2016
$2,866
12%
$22,201
12%
2015
$2,561
-26%
$19,870
—
2014
$3,447
-1%
$19,870
-25%
2013
$3,498
-9%
$26,627
-24%
2012
$3,829
—
$34,938
—
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 1616 Victoria Ave
1616 Victoria Avenue, North Chicago, IL 60064 (MLS# 12740474) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 1616 Victoria Avenue is currently listed for $269,000 and was received on August 27, 2026. Want to learn more about 1616 Victoria Avenue? 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.
