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1616 Margaret Lane DeKalb, IL 60115 Residential - Single Family Active

  • 1616 Margaret Lane, DeKalb, IL 60115 Main Photo

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Description

Enjoy the ease of ranch-style living in this spacious home located on a tree-lined street just off N 1st Street in beautiful Hillcrest Subdivision, offering convenient access to shopping, parks, and restaurants. The bright kitchen features a breakfast bar and table space, while the generous living and dining room is filled with natural light. A must-have, main floor laundry room adds everyday convenience. Primary Bedroom includes an adjoining walk-through half bath and Bedrooms #2 & #3 offer hardwood floors and large closets. The finished basement showcases an industrial contemporary style, creating flexible space for a family room, game room, home office, or hobby area. Outside you'll find an oversized 2-car garage, patio, and nice yard with room to enjoy the outdoors. Repairs and unfinished projects still remain, making this a great option for buyers looking to build equity while personalizing the space. Opportunities like this don't come along often so make it your own before it's gone!

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,562
Garage Size: 2
Attached Garage
Built in 1966
School District: District 428

General Information

Bedrooms: 3
Bathrooms: 2
Sqft: 1,562
County: DeKalb
Subdivision: Hillcrest
Listed By:
Willow Real Estate, Inc 800-895-3955
MRED MLS

Room Information

Office: 11X9
Bedroom 2: 12X10
Bedroom 3: 13X10
Dining Room: 15X10
Family Room: 40X18
Kitchen: 15X10
Laundry: 11X6
Living Room: 22X21
Primary Bedroom: 14X12
$260,000
Est. $1,777/mo
3beds
2baths
1,562sqft
2cars
Active Price Reduced $15,000 on September 3rd, 2026
BEDS3 BATHS1 full 1 partial SQUARE FEET1,562 MLS#12718166
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONHillcrest SCHOOLDistrict 428

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1616 Margaret Lane, DeKalb, IL 60115.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $260,000$260,000$260,000
Down Payment $52,000$9,100$65,000
Monthly Mortgage Amount $1,315$1,614$1,632
Taxes $362$362$362
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$114$0
Monthly Estimated Total $1,777$2,190$2,094

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