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105 Elm Street

Elgin, IL 60123
  • $567,500
  • STATUS: Closed
  • ON SITE: 56 Days
  • MLS #: 11991261
Sold - 04/05/2024
$567,500
SOLD - 04/05/2024
  • 6
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
46

Description

WELL MAINTAINED AND SOLID BRICK 4-UNIT BUILDING WITH GREAT INCOME POTENTIAL. ROOF NEW (TEAR OFF) IN 2021. NEWLY INSTALLED VINYL TONGUE AND GROOVE PLANK LAMINATE FLOOR IN THREE OF THE UNITS (2020). ATTIC PROFESSIONALLY INSULATED AND RAISED TO AN R-45 RATING (2019). EXISTING BOILER HAS TWO NEW ZONE VALVES - NEW PRESSURE RELIEF AND WATER VALUE (2021). WATER HEATER NEW IN 2022. COIN LAUNDRY IN UTILITY ROOM BRINGS AN ADDITIONAL $1500 IN ANNUAL INCOME. UNIT #4 TOTALLY REMODELED WITH NEW CABINETS - APPLIANCES - LAMINATE FLOORING THRU-OUT - NEW BATHROOM FIXTURES - TUB MIXING VALVE AND SHOWER SURROUND. BRAND NEW PARKING LOT BLOCK RETAINING SUPPORT WALL ON ENTIRE SOUTH AND WEST SIDE OF PROPERTY (2023). LOCATED NEAR DOWNTOWN ELGIN, FESTIVAL PARK, GRAND VICTORIA RIVERBOAT CASINO, I-90, RT. 31, SCHOOLS, RESTAURANTS AND SO MUCH MORE! PLEASE MAKE SURE TO SHOW YOUR BUYERS THE "PROJECTED INCOME" THAT THIS BUILDING WILL BRING, IN RELATION TO THE CURRENT INCOME THAT IS VERY LOW. 24 HOUR NOTICE REQUIRED DUE TO TENANTS.

Sold by Keller Williams Experience.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-04-25T07:07:48.05 UTC. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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105 Elm Street Elgin, IL 60123

  • Price: $569,900
  • Status: Closed
  • On Site: 56 Days
  • Updated: 49 min ago
  • MLS #: 11991261
6
Beds
0
Baths
0
½ Baths
0.2
Acres
1959
Built
Neighborhood:
Elgin
County:
Kane
Area:
Elgin
Elementary School:
Washington Elementary School
Middle School:
Abbott Middle School
High School:
Larkin High School
School District:
46
Property Description
WELL MAINTAINED AND SOLID BRICK 4-UNIT BUILDING WITH GREAT INCOME POTENTIAL. ROOF NEW (TEAR OFF) IN 2021. NEWLY INSTALLED VINYL TONGUE AND GROOVE PLANK LAMINATE FLOOR IN THREE OF THE UNITS (2020). ATTIC PROFESSIONALLY INSULATED AND RAISED TO AN R-45 RATING (2019). EXISTING BOILER HAS TWO NEW ZONE VALVES - NEW PRESSURE RELIEF AND WATER VALUE (2021). WATER HEATER NEW IN 2022. COIN LAUNDRY IN UTILITY ROOM BRINGS AN ADDITIONAL $1500 IN ANNUAL INCOME. UNIT #4 TOTALLY REMODELED WITH NEW CABINETS - APPLIANCES - LAMINATE FLOORING THRU-OUT - NEW BATHROOM FIXTURES - TUB MIXING VALVE AND SHOWER SURROUND. BRAND NEW PARKING LOT BLOCK RETAINING SUPPORT WALL ON ENTIRE SOUTH AND WEST SIDE OF PROPERTY (2023). LOCATED NEAR DOWNTOWN ELGIN, FESTIVAL PARK, GRAND VICTORIA RIVERBOAT CASINO, I-90, RT. 31, SCHOOLS, RESTAURANTS AND SO MUCH MORE! PLEASE MAKE SURE TO SHOW YOUR BUYERS THE "PROJECTED INCOME" THAT THIS BUILDING WILL BRING, IN RELATION TO THE CURRENT INCOME THAT IS VERY LOW. 24 HOUR NOTICE REQUIRED DUE TO TENANTS.
Exterior Features

Exterior Building Type Brick Exterior Features Storms/Screens Foundation Details Concrete Perimeter Is Parking Included In Price Yes Lot Features Corner LotPartial FencingSidewalksStreetlights Lot Size Less Than .25 Acre Multi Family Type 4 Flat Parking Details Space/s Parking Features UnassignedOff StreetParking Lot Parking Onsite Yes Parking Ownership Owned Parking Total 4 Roof Asphalt Waterfront YN No

Interior Features

Basement None Basement Bathrooms YN No Basement Details None Bedrooms Below Grade 0 Bedrooms Total 6 Full Baths In Building 4 Half Baths In Building 0 Heating Natural GasBaseboardRadiant Room Type Utility Room-1st Floor Rooms Total 18

Property Features

Additional Parcels YN No Age 61-70 Years Built Before1978 YN Yes Community Features ParkCurbsSidewalksStreet LightsStreet Paved Corporate Limits Elgin Financing Conventional General Information School Bus ServiceCommuter BusCommuter TrainInterstate Access Insurance Expense 2500 Mls Actual Status Closed New Construction YN No Other Additional Income Coin Laundry Other Equipment CO DetectorsCeiling Fan(s)Water Heater-Gas Ownership Fee Simple Rebuilt YN No Rehab Year 2023 Sewer Public SewerSewer-Storm Short Sale Not Applicable Special Listing Conditions None Tax Annual Amount 7979 Tax Year 2022 Total Numberof Unitsin Building 4 Total Rental Income 45000 Township Elgin Type Two to Four Units Water Source Public Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of RE/MAX All Pro: 630-980-4000.


© 2024 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-04-25T07:07:48.05 UTC. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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