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$ 259,900
Est. payment | /mo
4 Beds
2 Baths
5,662 Sqft Lot
$ 259,900
Est. payment | /mo
4 Beds
2 Baths
5,662 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12409321
Bedrooms 4
Year Built 1900
Annual Tax Amount $4,317
Tax Year 2024
Lot Size 5,662 Sqft
Lot Dimensions 66X91
Property Sub-Type Two to Four Units
Property Description
Incredible investment opportunity in the heart of Elgin! This solid 2-flat offers spacious units, each with 2 bedrooms and 1 bath, and separate gas and electric utilities, ideal for both owner-occupants and savvy investors looking to generate steady rental income. Major improvements were completed in 2014, including high-efficiency furnaces, a hot water heater, a tear-off roof, and several thermal windows, offering long-term peace of mind and energy efficiency. Each unit features a well-designed layout and includes a stove and refrigerator, making it easy to get up and running quickly. The full basement offers abundant storage space and potential for future value-add opportunities. Sitting on a generous 66x91 lot, the property includes a partially fenced yard and convenient front, side, and rear parking-easily accommodating up to 4 vehicles. Located just minutes from downtown Elgin, the Metra station, shopping, and dining, this property is well-positioned for strong tenant demand. Zoned for multi-family use with low property taxes, this is a fantastic opportunity to expand your rental portfolio or launch your next rehab project. Property is being sold AS-IS.
Location
State IL
County Kane
Area Elgin
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Cedar, No
Sewer Public Sewer
Water Public
Structure Type Cedar
New Construction false
Schools
School District 46 , 46, 46
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Esther Zamudio • Zamudio Realty Group