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2123 Wallace Ave, North Chicago, IL 60064 — $239,900 · 5bd · ~0.8% rule | OnePercent

2123 Wallace Ave, North Chicago, IL 60064

$239,900

Home·North Chicago 60064·2123 Wallace Ave, North Chicago, IL 60064

Last confirmed 5 days ago

2123 Wallace Ave, North Chicago, IL 60064

5 bd · 2 ba · 999 sqft · built 1971 · North Chicago · SINGLE_FAMILY·source listing ↗

$239,900

rent, three ways

OnePercent model (vv1)$1,950/mo

p10–p90 confidence band

HUD Fair Market Rent · 60064 · 5BR—

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Lake

Flood risk indexRelatively Low FEMA NRI

Median household income$49,195

Median area rent$1,071/mo

Median home value$152,200

the verdict

0.81%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$239,900

0.81% · rent $1,950

Intrinsic value · income approach

$228,203

5% above intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.