Contact us: 563.441.1776
Description
Turnkey 6-Unit Multifamily Property. Fully Renovated. Exceptional investment opportunity featuring a fully renovated six-unit multifamily building offering with no deferred maintenance. This property has been professionally rebuilt from the studs up, with all work completed under full architectural and structural engineering plans. Each of the six units has been completely updated to modern standards, including new mechanical systems and high-quality finishes throughout. Property Highlights: Plumbing: All new drain and copper water lines plus two new 50-gallon water heaters (2024). Electrical: New conduit, wiring, and individual metering; updated service panels and circuit breakers in each unit. HVAC: Six new gas furnaces, A/C units, ductwork, thermostats, and seven new gas meters. Exterior: New roof, gutters, fascia, soffits, and energy-efficient windows. Interiors: New kitchens with stainless steel appliances, granite countertops, modern cabinetry, and LVP flooring. Bathrooms: Updated with new tubs, vanities, toilets, and custom tilework. Smart Features: Smart lock system with remote access control for owners and tenants. Laundry: New commercial-grade, stacked card-reader washer/dryer. Infrastructure: New sewer main cleanout. Lighting: LED lighting throughout. Additional features include 10 parking spaces (8 in the rear and 2 via private driveway for Unit 1), street parking, and updated common areas. This property offers reliable income, modern systems, and strong long-term investment potential. Private showings available by appointment. Listing Broker has ownership interest in the property.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Lake
Listed By:
RE/MAX At Home
847-255-1000
MRED MLS
MLS ID: 12622583
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1542 Victoria Avenue , North Chicago, IL 60064.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,199,900 | $1,199,900 | $1,199,900 |
| Down Payment | $41,997 | $0 | $239,980 |
| Monthly Mortgage Amount | $7,159 | $7,447 | $5,833 |
| Taxes | $1670 | $1670 | $1670 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $720 | $0 | $0 |
| Monthly Estimated Total | $9,899 | $9,467 | $7,853 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 04/18/2026. The listing information on this page last changed on 04/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/18/2026 6:51:27 AM EST) or MRED MLS (last updated Sat 04/18/2026 2:04:05 AM EST) or SCWMLS (last updated Fri 04/17/2026 11:54:49 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 04/17/2026 10:15:17 PM EST) or Cedar Rapids MLS (last updated Fri 04/17/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Sat 04/18/2026 6:30:26 AM EST) or ICAAR MLS (last updated Fri 04/17/2026 11:37:31 PM EST) or ECIMLS (last updated Fri 04/17/2026 11:44:16 PM EST) or RMLSA (last updated Sat 04/18/2026 1:10:56 AM EST) or Muscatine MLS (last updated Sat 04/18/2026 2:00:23 AM EST) or No Coast MLS (last updated Sat 04/18/2026 12:44:23 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
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.
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