BACK ON MARKET BECAUSE BUYER HAD LOAN ISSUE. This ALL BRICK 2-unit home in North Chicago is an incredible opportunity for investors or owner-occupants looking to capitalize on its potential. This property is situated on three PIN numbers and offers added value and versatility for future owners. The main floor unit features 3 bedrooms, 1 bathroom, hardwood floors, and a spacious kitchen, ready for your updates and personal touch. The second unit, currently tenant-occupied, includes 2 bedrooms and a full bathroom, making it an attractive source of rental income. The unfinished basement is perfect for storage- or finishing later on. The detached 2-car garage features a brand-new roof installed just three months ago, while the roof on the main house is approximately 15 years old. Both units share a back entrance, providing easy access to each unit while maintaining privacy. Taxes on this property do not reflect any exemptions, offering a potential savings opportunity for future buyers. The property is being sold as-is to cash or conventional buyers only, as it will not qualify for FHA financing. This sale is also subject to North Chicago inspection and includes 100 tax proration. Showings are designed to prioritize convenience and tenant privacy. The main floor unit, which requires the most work, and the basement are available for go-and-show appointments. If still interested after viewing these areas, access to the tenant-occupied second-floor unit, which is in better condition, and the garage can be arranged with 24-hour notice. This property, with its great bones and income-generating potential, is a must-see. Schedule your showing today!
Property Map
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Property Details
Utilities
Heating Baseboard, Sep Heating Systems - 2+
Cooling
Water Lake Michigan, Public
Sewer Public Sewer
Additional Information
Parking
4 Parking Spaces (2 Garage Spaces), On Site, Garage Owned, Detached, Off Alley, Owned, Garage
Schools
District 187
Payment Calculator
Listing History
03-02-2025
Listed at $205,000
05-16-2025
Status changed to Cancelled
Last Modified 5/16/25 3:49 PM
Nearby Transportation
Union Pacific North
0.9 mi
Hwy 41 South
1.8 mi
Hwy 41 North
2.0 mi
I 94 West
2.8 mi
I 94 East
3.0 mi
Broker Reciprocity
Listing provided by Compass
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
