USAILNorth Chicago10-12 Park Ave
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$479,000

7 days ago

10-12 Park Ave, North Chicago, IL

8 Bed

4 Bath

--

6 Parking

MLS® 12543091

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $5,809
Days Active 7
Lot Size 
Approx. Age 1910
MLS® Number 12543091

Property Address: 10-12 Park Ave, North Chicago, IL, 60064-1236

Average square foot calculated using Size range provided by listing agent.

Description

Income-producing side-by-side duplex offering rare three levels of living space per unit, ideal for investors or owner-occupants. Excellent house-hacking opportunity - live in one unit while generating rental income from the other. Current rents are below market value, reflecting long-term, high-quality tenants and providing future upside potential. Both units are currently occupied, with tenants interested in remaining. Tenant is responsible for water. Each unit features 3 bedrooms, 2 full bathrooms, plus a third-floor bonus room, enhancing rental appeal and flexibility. The main level includes a living room, dining room, and open-concept kitchen. The side-by-side configuration minimizes shared walls, offering increased privacy and reduced noise transfer. Separate utilities for each unit include electric, furnace, central A/C, and water heater. New central A/C installed in July 2022. Recent improvements include windows, roof, gutters, soffits, and fascia (2022). Newer appliances (2025) installed at 12 N Park Ave, sewer line professionally addressed (2025), and units have been well maintained, helping minimize near-term capital expenses. The property features strong curb appeal, two separate private driveways providing ample parking, and full unfinished basements for each unit. Located in a quiet residential setting with convenient access to restaurants, major highways, Gurnee Mills, Six Flags, Wisconsin access, downtown Chicago, casinos, hospitals, city hall, police station, and just steps from Ray Bradbury Park. Rare opportunity offering strong rental demand, flexibility, and long-term investment potential.
MLS® Number12543091
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1910
BasementUnfinished, Full
DrivewayOff Street, Driveway, Yes, Owned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Feb 12, 2026List Date
$479,000List Price
  • Commute

Commute

Starting Address
Destination Address
10-12 Park Ave, North Chicago, IL

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