1541 Lincoln Street

North Chicago, IL 60064

$275,000
Last Sold Price
5
Beds
2
Baths
1
1/2 Bath
2,392 Sq. Ft.
$115 / Sq. Ft.
2,392
Sq. Ft.
$115
per Sq. Ft.

Description

Step into this fully remodeled two-flat that is perfectly designed for comfortable living. Ideal for a multi-generational household or those seeking a strategic way to offset their living expenses by occupying one unit and renting the other. This building is also fitting for the savvy investor seeking cashflow and passive income. This massive home boasts beautiful open floor plans, complete with refurbished hardwood floors, new trim throughout, and all the finishing touches. The kitchens and bathrooms...Step into this fully remodeled two-flat that is perfectly designed for comfortable living. Ideal for a multi-generational household or those seeking a strategic way to offset their living expenses by occupying one unit and renting the other. This building is also fitting for the savvy investor seeking cashflow and passive income. This massive home boasts beautiful open floor plans, complete with refurbished hardwood floors, new trim throughout, and all the finishing touches. The kitchens and bathrooms have undergone a stunning transformation, featuring modern designs and crafted finishes. Fresh paint and new light fixtures enhance the ambiance throughout. The entire building has been meticulously upgraded with a new roof, siding, gutters, windows, and appliances, ensuring a worry-free lifestyle. The lower-level unit offers two nicely sized bedrooms, one bathroom, a fully equipped kitchen with an island, and a private enclosed porch. Upstairs, the second unit provides three bedrooms and a full bath, new flooring throughout, plus a massive kitchen including a combined dining area and ample counter/cabinet space. Last but not least, this property includes a full basement, a fenced yard, and a large 2-car detached garage with additional parking on the side, accessible through the alleyway. All in all, this two-flat is a rare find. All major utilities are new: electrical panels, water heaters, furnaces, and air conditioning units. Don't miss the opportunity to make this fully remodeled property your dream home or your next smart investment. Contact us today for a viewing!
  1. Listed by Luz Marin • Century 21 Circle
  2. Listed by Ruben Marin • Century 21 Circle

Sold By @properties Christie's International Real Estate

Property Details for 1541 Lincoln Street

Area
North Chicago
Township
Shields
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
4.0
Heat/Fuel
Natural Gas

Location

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LISTING UPDATED: 02/12/2024 09:55 AM

Property Details for 1541 Lincoln Street

StatusClosed
MLS #11952768
Days on Market42
Taxes$4,798 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1920
Lot Size0.14 AC / 6,098 SF
CountyLake County

Location

Add your commute

Building Information for 1541 Lincoln Street

Stories-Residences2Year Built1920Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$1,901 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,501

Property Taxes

$400

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1541 Lincoln Street

General Information
School Information
  • Elementary School District: 187
  • High School District: 187
  • Middle Or Junior School District: 187
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage, Space/s
  • Parking Details: Additional Parking, Alley Access
  • Parking On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms (Below Grade): 0
  • Bath Amenities: Accessible Shower,Soaking Tub
  • Basement Type: Full
  • Bedrooms Possible: 5
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • # Full Baths in Building: 2
  • # Half Baths in Building: 1
  • Room Type: Enclosed Porch
  • Num of Baths: 2.1
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2023
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 50 X 120
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt
  • General Information: None
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2023-12-29T18:30:54
  • Photos Count: 38
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0

Property History for 1541 Lincoln Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1541 Lincoln Street

Taxable ValueLand$5,989Additions$53,350Total$59,339
Tax Record2023$5,735 ($478 / month)
Home Facts
Beds5Baths2Total Finished SqFt2,392 SqFtAbove Grade Finished SqFt2,392 SqFtStories2Lot Size5,990 SqFtStyleSingle Family ResidenceYear Built1920CountyLAKEAPN08-33-311-004

Schools near 1541 Lincoln Street

This home is within North Chicago School District 187.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 6 to 8
Public - 9 to 12
Public - 4 to 5
Rating
School
Distance
Evelyn Alexander School
PublicK to 3

Neal Math and Science Academy
Public6 to 8

North Chicago Community High School
Public9 to 12

A. J. Katzenmaier Academy
Public4 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Circle

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 02/12/2024 09:55 AM. 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.