$200,000
$215,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
7,405 Sqft Lot
SOLD DATE : 06/29/2020
Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10685994
Sold Date 06/29/20
Bedrooms 4
Year Built 1900
Annual Tax Amount $5,007
Tax Year 2018
Lot Size 7,405 Sqft
Lot Dimensions 67 X152
Property Description
Arm Chair investment! 3 Units over 2029 Square Feet, 2 - 1 Bedroom Apartments and 1- 2 Bedroom Apartment! 2nd Floor 1 Bedroom and 1st Floor 2 Bedroom are each 960 Sq. ft. Full Basement, deep, where there is located 3 Separate Gas Forced Air Furnaces, 3 Hot Water Heaters, and 3 100 amp Electric panels with Circuit Breakers. 2019 Certificate of Occupancy! Nice Lot! Located in the Heart of the Historical District.Rents are under Market! Projected Rents w/ small renovations could be: Apt.#1 -$895 to $950 (Currently $800), Apt.#2( 2 Bedrooms) - $1095 to $1200 and #3 (Large 1 bedroom on 2nd floor) -$995-$1050, Currently vacant. Newer Roof! Tenants pay Gas and Electric! Hurry this one will not last ! 2nd Floor Apartment can be shown and the Basement as well! Sold As-Is!
Location
State IL
County Kane
Area Elgin
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas
Equipment CO Detectors, Ceiling Fan(s), Fan-Attic Exhaust, Multiple Water Heaters
Fireplace N
Exterior
Community Features Curbs, Sidewalks, Street Lights
Roof Type Asphalt
Building
Lot Description Landscaped
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Channing Memorial Elementary Sch
Middle Schools Ellis Middle School
High Schools Elgin High School
School District 46 , 46, 46
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Ben Henrikson • REMAX Horizon
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "