Skip To Content

1111-23 Broadway Avenue

North Chicago, IL 60064
  • $1,925,000
  • STATUS: Active
  • ON SITE: 76 Days
  • MLS #: 12218250
UPDATED: 28 min ago
$1,925,000
  • 0
    BEDS
  • 0.55
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1962
County:
Area:

School Ratings & Info

Description

Exceptional investment opportunity in North Chicago. Unlock the potential of this 3-building multi-family package, featuring 18 units and 20 parking spaces in a growing market. Each building offers 5 two-bedroom and 1 one-bedroom units. These well-maintained buildings boast 100% occupancy, on-site coin laundry for additional income, and updated interiors in 70% of the units. This investment provides immediate returns and long-term stability with the potential to add further value. Whether you're expanding your portfolio or securing a high demand asset, this property offers unparalleled potential in an up-and-coming community. Don't miss this rare opportunity!

Monthly Payment Calculator



© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-17T12:08:02.963 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.anirealestate.com/homes/158430261
Print Image

1111-23 Broadway Avenue North Chicago, IL 60064

  • Price: $1,925,000
  • Status: Active
  • On Site: 76 Days
  • Updated: 28 min ago
  • MLS #: 12218250
0
Beds
0
Baths
0
½ Baths
0.55
Acres
1962
Built
Neighborhood:
Lake
County:
Lake
Area:
Lake
Property Description
Exceptional investment opportunity in North Chicago. Unlock the potential of this 3-building multi-family package, featuring 18 units and 20 parking spaces in a growing market. Each building offers 5 two-bedroom and 1 one-bedroom units. These well-maintained buildings boast 100% occupancy, on-site coin laundry for additional income, and updated interiors in 70% of the units. This investment provides immediate returns and long-term stability with the potential to add further value. Whether you're expanding your portfolio or securing a high demand asset, this property offers unparalleled potential in an up-and-coming community. Don't miss this rare opportunity!
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 19-30 SpacesPaved Roof Rubber Roof Structure Flat

Interior Features

Cooling Window Unit(s) Heat Ventilation GasHot WaterBaseboard Miscellaneous Inside Laundry Room Number Of Dishwashers 0 Number Of Dryers 3 Number Of Ranges 18 Number Of Washers 3

Property Features

Additional Parcels YN Yes Approximate Age Older Built Before1978 YN Yes Current Use Multi-Family Electric Circuit Breakers Gross Income 252960 Gross Scheduled Income 257760 Insurance Expense 0 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 180289 Operating Expense 77471 Ownership Types Limited Liability Corp Tax Annual Amount 28086 Tax Year 2023 Tenant Pays Electricity Total Monthly Income 21480 Township Waukegan Type Multi Family 5+ Utilities Water-Municipal Zoning MULTI

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 847-362-7300.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-17T12:08:02.963 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_12218250-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_12218250-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_12218250-1.jpg
Logo
Ani Real Estate
7300 S Cottage Grove Ave Suite B
Chicago IL, 60619-1910