This 2.6-acre parcel of prime real estate in North Chicago offers an exceptional development opportunity, ideal for a multi-unit residential project. Located adjacent to the Great Lakes Naval Training Station, this land is perfectly situated. With utilities already accessible and no wetlands to navigate, it simplifies the development process. Currently zoned for commercial use, rezoning for residential multi-unit development has been explored with the city of North Chicago, making this a prime location to meet the growing demand for housing. Enjoy a short commute to Lake Michigan, local schools, shopping centers, and public transportation, making it a convenient and attractive location for future residents. This land is a perfect investment opportunity for developers looking to create high-density housing in a growing community. Don't miss your chance to turn this property into a sought-after residential complex!
Property Details
Property Features
Listing Office:
Office Name: Gallery Realty Inc.
Office Phone: (847) 672-8481
Listing Agent: Courtney Caraway
Lot Features
Lot Information:
Lot Size: 2.60 Acres
School Info
Assigned Schools Information:
North Chicago Community High School, Public District Grades 9-12
Neal Math Science Academy, Public District Grades 6-8
Learn Charter School 6 North Chicago Campus, Public Charter Grades KG-8
Other
Directions Information:
Directions: From Green Bay & Buckley Roads: N to Great Lakes Credit Union: property lies adjacent to and east of GLCU.
Price Information
Listing Price Info
Price Summary:
List Price: $180,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in North Chicago, IL.
This property is $15K less than the Median Sold Price in North Chicago, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #12182877
Listing Office:
Office Name: Gallery Realty Inc.
Office Phone: (847) 672-8481
Listing Agent: Courtney Caraway
Listings courtesy of Midwest Real Estate Data as distributed by 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.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.
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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED 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.
Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$966
Per Month
Principal & Interest
$899
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$606
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
2
/10
Neal Math Science Academy
1905 Argonne Dr
Distance between this listing and this school0.81 miles
Public District Grades 6-8
7
/10
Learn Charter School 6 North Chicago Campus
601 D St Bldg 130H
Distance between this listing and this school1.32 miles
Public Charter Grades KG-8
High School
2
/10
North Chicago Community High School
1717 17th St
Distance between this listing and this school1.10 miles
Public District Grades 9-12
Nearby Schools
2
/10
Forrestal Elementary School
2833 E Washington Ave
Distance between this listing and this school0.83 miles
Public District Grades KG-5
1
/10
A J Katzenmaier Elementary School
1829 Kennedy Dr
Distance between this listing and this school0.87 miles
Public District Grades KG-5
1
/10
North Elementary School
1210 Adams St
Distance between this listing and this school1.99 miles
Public District Grades KG-5
Assigned Schools
2
/10
Neal Math Science Academy
1905 Argonne Dr
Distance between this listing and this school0.81 miles
Public District Grades 6-8
7
/10
Learn Charter School 6 North Chicago Campus
601 D St Bldg 130H
Distance between this listing and this school1.32 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Thomas Jefferson Middle School
600 S Lewis Ave
Distance between this listing and this school2.38 miles
Public District Grades 6-8
Assigned Schools
2
/10
North Chicago Community High School
1717 17th St
Distance between this listing and this school1.10 miles
Public District Grades 9-12
Nearby Schools
10
/10
Lake Forest High School
1285 N Mckinley Rd
Distance between this listing and this school3.44 miles
Public District Grades 9-12
1
/10
Waukegan High School
2325 Brookside Ave
Distance between this listing and this school3.50 miles
The neighbors living near this home have an average income of $43,971. Typical income of North Chicago, IL residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Sherman Ave
What is the listing price of this property?
The listing price of 0 Sherman Ave property is $180,000.
What type of property is this?
The property 0 Sherman Ave is land located in North Chicago, Illinois, 60064.
Is this property for sale now?
Active Listing: 0 Sherman Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 0 Sherman Ave are: Neal Math Science Academy: GreatSchools Rating 2/10Learn Charter School 6 North Chicago Campus: GreatSchools Rating 7/10North Chicago Community High School: GreatSchools Rating 2/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Sherman Ave in North Chicago, IL and zip code 60064. This home sits on a 2.60 acre lot. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $180,000.
North Chicago, IL housing market in October 2024 saw over 5 listings sold above listed price, more than 3 sold at listed price and over 6 sold below. Between September 2024 and October 2024, North Chicago, IL real estate market has seen increase in the number of listings by 19.5%. While the average time on the market in October 2024 was 23 days, the median list price was $195,000.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved. 
Mexican League Soccer
Mexican League Soccer
NHRA Drag Racing
Pro Boxing
Books-a-Million
Big Lots
Burlington
Church's Chicken
Golden Corral
Popeyes
Toyota
Kia
Chevrolet
Adult Hits
Urban Adult Contemporary