1615 16th St North Chicago, IL 60064
Lewis Glenn Neighborhood
5
Beds
2
Baths
1,324
Sq Ft
9,104
Sq Ft Lot
About This Home
As of June 2024Investment opportunity with instant returns! Currently rented, This cash-flowing 2-unit property features a spacious 3-bed, 1-bath unit leased at $1550/month and a cozy 2-bed, 1-bath unit rented for $1100/month for a total monthly gross income of $2,650 ! Enjoy the convenience of separate electric and gas meters for each unit, great tenants, ensuring hassle-free management. Bonus: includes a 2-car garage. Don't miss out on this prime income-generating asset!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,003
Year Built
- Built in 1925 | Remodeled in 2023
Parking
- 2 Car Detached Garage
- 4 Open Parking Spaces
- Parking Space is Owned
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2024
Closed on
May 21, 2024
Sold by
Aranda Llc Investments
Bought by
Alvarez Paramo Julian
Seller's Agent
Brandon Aranda
4 Sale Realty Advantage
Buyer's Agent
Ivan Blanco
Dream Town Real Estate
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%
Total Days on Market
5
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,536
Avg. Annual Appreciation
-0.67%
Original Mortgage
$223,250
Interest Rate
7.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 19, 2023
Sold by
Catherine T Walker Revocable Trust and Walker Catherine T
Bought by
Aranda Llc Investments
Purchase Details
Closed on
Jan 17, 2002
Sold by
Walker Frank and Walker Catherine
Bought by
Walker Catherine T and Catherine T Walker Revocable Trust
Purchase Details
Closed on
Nov 30, 2001
Sold by
Rheaves Odene V
Bought by
Walker Frank and Walker Catherine
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in North Chicago, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $235,000 | Fidelity National Title | |
| Warranty Deed | $115,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $56,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $7,500 | New Conventional | |
| Previous Owner | $223,250 | New Conventional | |
| Previous Owner | $1,000,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $235,000 | +4.4% | $177 / Sq Ft |
| 05/08/2024 05/08/24 | Pending | -- | -- | -- |
| 05/02/2024 05/02/24 | For Sale | $225,000 | -- | $170 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,297 | $52,356 | $10,595 | $41,761 |
| 2023 | $5,003 | $38,982 | $8,695 | $30,287 |
| 2022 | $5,003 | $35,408 | $8,096 | $27,312 |
| 2021 | $3,867 | $27,520 | $6,306 | $21,214 |
| 2020 | $3,132 | $22,944 | $5,865 | $17,079 |
| 2019 | $2,956 | $21,024 | $5,374 | $15,650 |
| 2018 | $2,243 | $13,801 | $4,694 | $9,107 |
| 2017 | $2,109 | $12,210 | $4,153 | $8,057 |
| 2016 | $2,607 | $14,736 | $5,012 | $9,724 |
| 2015 | $2,435 | $13,189 | $4,486 | $8,703 |
| 2014 | $3,178 | $19,159 | $3,226 | $15,933 |
| 2012 | $3,314 | $20,757 | $3,495 | $17,262 |
Source: Public Records
Source: Midwest Real Estate Data (MRED)
MLS Number: 12045948
APN: 08-32-420-035
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 1807 16th St
- 1729 Elizabeth Ave
- 1827 Hervey Ave
- 1705 Lyons Ct
- 1530 Jackson St
- 1542 Victoria Ave
- 1646 Victoria Ave
- 1823 Glenn Dr
- 1419 Jackson St
- 1911 Elizabeth Ave
- 1639 Victoria Ave
- 1729 Victoria Ave
- 1423 Victoria Ave
- 1702 Lincoln St
- 1811 Victoria Ave
- 2002 Grove Ave
- 1243 Jackson St
- 2020 Hervey Ave
- 1018 Broadway Ave
- 2023 Kristan Ave