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Two-Unit Residential Income Duplex
For Sale
Under Contract
$246,900

706 BROADWAY Avenue, North Chicago, IL 60064

MULTI_FAMILY - North Chicago, IL

Lot Size0.07 Acres
Days on Market257

Property Features for 706 BROADWAY Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 6, Bathroom 1, Basement, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 3
Parking 4
Parking features Off Street
Basement Unfinished, Full
Lot features Landscaped
Elementary school North Elementary School
Middle school Novak-King Sixth Grade Center
High school North Chicago Community High Sch
Elementary school district 187
Middle school district 187
High school district 187
Directions FROM SHERIDAN ROAD TURN WEST ON BROADWAY TO #
Subdivision North Chicago
Standard status Active Under Contract
APN 12041060250000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4069

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1900
Building materials Frame
Roof type Asphalt
Listing Agency: Charles Rutenberg Realty of IL
Listed By: Luis Zires · License #475132442
Added: Nov 17, 2025 Changed: Jul 28 Last Checked: Aug 1 at 3:06PM
MLS# 12519275

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex offers a spacious two-unit layout, with each floor featuring an eat-in kitchen, formal living room, three bedrooms, and a full bath. The property is set up for tenant separation with separate utilities, including two gas furnaces, two hot water heaters, and electric meters. A full unfinished basement provides additional storage space.

Located in North Chicago, the home is minutes to the Navy base, the train station, and Route 41, supporting convenient access for residents and occupants.

For buyers seeking a residential income duplex configured for separate service accounts and independent living space, this arrangement can be useful. The combination of two 3-bedroom units on separate floors, along with dedicated utilities and a large unfinished basement, supports practical day-to-day management and tenant flexibility within a multi-unit residential setting.

Key Highlights

  • Spacious North Chicago 2‑unit building with 3‑bedroom units on each floor
  • Each unit layout includes an eat‑in kitchen and formal living room plus a full bath
  • Separate utilities for each unit with 2 gas furnaces, 2 hot water heaters, and electric meters

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Electrical Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

357
Businesses Nearby

Demographics for 60064, IL

15,206
Population
5,801
Households
2.6
Avg Household Size
31
Median Age
15%
College-Educated
72%
High-School Grad
5.3 sq mi
ZIP Area
2,869
Density / Sq Mi
$49,256
Median Household Income
$28,868
Median Earnings
$1,069
Median Rent
$139,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-laid two-unit property with separate utilities, two furnaces, and an unfinished basement for storage.
Where is this duplex located?
The property is located at 706 BROADWAY Avenue North Chicago, IL.
What is the asking price?
The asking price for this property is $246,900.
What are key features of this property?
This property features: Spacious North Chicago 2‑unit building with 3‑bedroom units on each floor; Each unit layout includes an eat‑in kitchen and formal living room plus a full bath; Separate utilities for each unit with 2 gas furnaces, 2 hot water heaters, and electric meters
More about this property
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