Date
Details
Price
Change
Source
2/02/2025
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/17
$300,000 Just Listed
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1/17
Property Description
This fully occupied 3-unit rental property on a desirable corner lot is a fantastic investment opportunity, generating over $4,000 in gross monthly rental income. The main building consists of two spacious 3-bedroom, 2-bathroom units, each with private entrances and in-unit laundry hookups. An unfinished basement houses the mechanicals and an additional set of laundry hookups. The separate coach house features 2 bedrooms, 1 bathroom, and its own private parking area. Well maintained and cared for, this property has responsible tenants who take pride in their homes. With strong cash flow and long-term investment potential, this is a turnkey opportunity for any investor.
Full Property Details
Full Property Details for 1648 Elizabeth Ave
General
- Price: $300,000
- Taxes: $10,169 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12282323
- Updated: 2/3/2025
- Added to Site: 2 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Partial
Rooms
Bathrooms
- Total Bathrooms: 5
- Upper - Full Baths: 5
Bedrooms
- Total Bedrooms: 8
Additional Information
- Other Features: School Bus Service
Exterior
- Exterior Features: Porch
Parking
- Total Spaces: 7
- Parking Features: Unassigned
- Parking Ownership: Owned
- Parking Type: Space(s)
- Parking On-Site: Yes
Location
- Area: North Chicago
- County: Lake
- Township: Waukegan
- Subdivision: Washburn Park
- Driving Directions: Green Bay Rd traveling South, turn East on 14th St. South on Lewis, East on 17th St. Property is at corner of 17th & Elizabeth.
School Information
- School District: 187
- Elem School District: 187
- Midd School District: 187
- High School District: 187
- High School: North Chicago Community High Sch
- Private School: North Chicago Community High Sch
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Partial
- Roof: Asphalt
- Year Built: 1925
- Built Before 1978: Yes
- Remodeled/Updated: 2015
Unit Information
- Units in Building: 3
Additional Structures
- Other Structures: Second Residence
Lot Features
- Lot Size (Acres): 0.22
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 9518
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1925
- Tax Amount: $10,169.88
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 8324220410000
Listed by Dillon Realty LLC
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— 1648 Elizabeth Ave —
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NMLS#: 1598647
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Schools
Schools serving 1648 Elizabeth Ave
School District:North Chicago School District 187
| Rating | Name | Grades | Distance |
|---|---|---|---|
|
1717 17th St, North Chicago, IL 60064 | 9-12 | 0.2 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 1648 Elizabeth Ave
Tax History
Tax History for 1648 Elizabeth Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
-100%
$102,671
151%
2022
$5,692
33%
$40,867
1%
2021
$4,278
100%
$40,510
29%
2020
-100%
$31,338
-24%
2019
$5,810
48%
$41,331
81%
2018
$3,931
12%
$22,832
13%
2017
$3,516
-9%
$20,200
-8%
2016
$3,868
192%
$21,864
204%
2015
$1,326
-22%
$7,182
—
2014
$1,705
-48%
$7,182
-30%
2013
$3,297
246%
$10,204
-61%
2012
$954
—
$26,080
—
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 1648 Elizabeth Ave
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- Active
- Updated 3 days ago
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- 1Total Bath
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- Updated 3 days ago
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- Active
- Updated 2 days ago
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- Single Family
- Active
- Updated 23 hours ago
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- 1Total Bath
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- Active
- Updated 4 days ago
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- 4Total Baths
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- Active
- Updated 23 hours ago
- 3Beds
- 3Total Baths
- 1,609Sq. Ft.
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1648 Elizabeth Avenue, North Chicago, IL 60064 (MLS# 12282323) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 1648 Elizabeth Avenue is currently listed for $300,000 and was received on February 02, 2025. Want to learn more about 1648 Elizabeth 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.