$450,000
Active Under Contract
13 Days Online
4 Beds0 Baths0 SQFT
Active Under Contract

113 Elm Street Elgin, IL 60123

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"Income-Producing Property with Character and Convenience" This well-maintained brick 3-flat offers a fantastic opportunity for both investors and owner-occupants. Located in a great area close to schools and transportation, this property boasts several attractive features-The home/building includes charm with its classic brick exterior and well-preserved interior details. Most of the units have been thoughtfully remodeled, featuring nice floors (including some newer carpet), updated kitchens, and baths. Each unit has its own gas and electric utilities, ensuring that tenants cover their own utility costs. The property is beautifully landscaped, creating an inviting curb appeal. Spacious Layout: With one unit per floor, each apartment offers good-sized bedrooms and comfortable living spaces. The building has been meticulously maintained, making it an easy transition for new occupants. Added bonus is the 2-car garage that includes an attached storage or workroom (approximately 20 x 8) Recent Inspection: The property was inspected by the City of Elgin on 09/26/2023 and passed with flying colors, ensuring peace of mind for buyers. Add this to your portfolio today!** please note the owner is living in unit 2 and this unit can be converted to a 2 bedroom if you add a closet to the extra room** Unit 1 plans to resign their lease after 8/24**inspection from Elgin in 2023 passed**

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyKane
  • Taxes$4,874
  • HOA/Condo/Coop Fees$0
  • Days on Site12 Days
  • MLS StatusActive Under Contract
  • MLS ID Number12046297
  • Home Size Source N/A
  • Year Built1900
  • Lot Size0.17 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style English
  • Parking Spaces 2
  • Sewer Public Sewer
  • Basement Full
  • Acreage 0.17
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 2
  • General Information Commuter BusCommuter Train
  • Garage Detached
  • Rooms Total 10
  • Lot Size Less Than .25 Acre
  • Parking Total 2

Interior Features

  • Heating Natural GasForced Air

Exterior Features

  • Roof Asphalt
  • Waterfront Property No
  • Exterior Storms/ ScreensCable AccessWorkshopStorms/Screens

Community Features

  • Township Elgin
  • Community Features CurbsSidewalksStreet LightsStreet Paved
  • MLS Area Elgin

Schools

School District
46
Elementary School
Lowrie Elementary School
Middle School
Abbott Middle School
High School
Unknown

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Monthly Payment (Est.)

$2,400
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