REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 425,000
Est. payment | /mo
9 Beds
4 Baths
0.28 Acres Lot
$ 425,000
Est. payment | /mo
9 Beds
4 Baths
0.28 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12491359
Bedrooms 9
Year Built 1984
Annual Tax Amount $4,830
Tax Year 2024
Lot Size 0.280 Acres
Lot Dimensions 50 X 122 X 50 X 122
Property Sub-Type Two to Four Units
Property Description
Rare 4-unit turnkey in North Chicago - Income + Upside! Move right in or start collecting rent from day one - this well-kept, move-in ready 4unit building features all 2bed/1bath apartments, great condition and ready for tenants. Two units are vacant and primed for full market rent ($1,000-$1,100), giving you instant cash flow and upside. Projected ~9 cap rate at full occupancy with 4 units rented out at $1,000 each. Lot parking, strong finishes, and flexible use make it perfect for a investor or a house hacker wanting to live in one unit and rent the rest. Aggressively priced - don't let this rare multiunit gem slip away.
Location
State IL
County Lake
Area North Chicago
Rooms
Basement Crawl Space
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Stucco, No
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Schools
School District 187 , 187, 187
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Adrian Punzalan of Real People Realty
GET MORE INFORMATION
Sarah Leonard
Broker | Owner