https://www.ruhlmortgage.com/LawrenceDavis.html
Refine Search

16530 Winchester Avenue Markham, IL 60428 Multi Unit - Multiple New

New - 1 Hour Ago
  • 16530 Winchester Avenue , Markham, IL 60428 Main Photo

Description

Solid brick 2-flat offering a rare opportunity for both investors and owner-occupants. This well-maintained building features spacious units with large room sizes, hardwood floors, abundant natural light, separate entrances, and classic wood trim that showcases the property's timeless character. The first-floor unit offers 2 bedrooms and 1 bathroom, while the second-floor unit features 3 bedrooms and 1 bathroom. Both units provide generously sized living rooms, eat-in kitchens, and functional layouts ideal for comfortable living. A full basement offers additional storage and utility space. Outside, you'll find an extended driveway leading to a detached 2-car garage with additional upper-level space for storage, workshop use, or future possibilities. The property also benefits from updated windows, a newer furnace, and water heater. One unit is currently vacant and ready for immediate occupancy. The occupied unit is scheduled to be vacant by the end of August, presenting a unique opportunity to set market rents, owner-occupy, or fully reposition the asset. Whether you're looking to build your portfolio, generate rental income, or house hack, this property offers flexibility, strong upside, and long-term value. Conveniently located near schools, parks, shopping, dining, and major transportation routes. Property is being sold as-is.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 5
Bathrooms: 2
County: Cook
Listed By:
Real Broker, LLC 217-960-8605
MRED MLS
$199,000
Est. $1,357/mo
5beds
2baths
2cars
New to the Market New
BEDS5 BATHS2 full MLS#12674499
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 227

Get in Touch

Contact an agent to learn more about

16530 Winchester Avenue , Markham, IL 60428.

Contact Form

Preferred Communication Method:

Mortgage Calculator

Call or Click to get Pre-Approved! 563-441-1862 toll free 866-441-1862

Customize Your Loan

Customize Your Rate

Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $199,000$199,000$199,000
Down Payment $39,800$6,965$49,750
Monthly Mortgage Amount $980$1,203$1,229
Taxes $277$277$277
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$88$0
Monthly Estimated Total $1,357$1,668$1,606

Customize Your Mortgage

Similar Listings For Sale Sold

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 06/10/2026. The listing information on this page last changed on 06/10/2026. 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 Wed 06/10/2026 4:58:00 PM EST) or MRED MLS (last updated Wed 06/10/2026 4:52:06 PM EST) or SCWMLS (last updated Wed 06/10/2026 4:52:54 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 06/10/2026 4:06:17 PM EST) or Cedar Rapids MLS (last updated Wed 06/10/2026 4:49:23 PM EST) or NEIRBR MLS (last updated Wed 06/10/2026 4:48:42 PM EST) or ICAAR MLS (last updated Wed 06/10/2026 4:47:51 PM EST) or ECIMLS (last updated Wed 06/10/2026 4:48:15 PM EST) or RMLSA (last updated Wed 06/10/2026 4:52:27 PM EST) or Muscatine MLS (last updated Wed 06/10/2026 4:45:35 PM EST) or No Coast MLS (last updated Wed 06/10/2026 4:54:30 PM 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.

Listing data and photos distributed by MLSGRID
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.



Privacy Policy / DMCA Notice / ADA Accessibility


Agent License Information: Licensed in IL & IA

Login to My Homefinder

Pixel