Elgin, IL 60123,Address not disclosed
Elgin, IL 60123,Address not disclosed
Elgin, IL 60123,Address not disclosed
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$735,000

$775,000

5.2%
Est.Price: ?

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Est. payment /mo

0.36 Acres Lot


SOLD DATE : 07/22/2019

Key Details

Sold Price $735,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10340935

Sold Date 07/22/19

Maintenance Fees $16,100

Year Built 1955

Annual Tax Amount $18,394

Tax Year 2017

Lot Size 0.360 Acres

Lot Dimensions .36

Property Sub-Type Multi Family 5+

Property Description

Great 11-unit apartment building. Close to transportation and easy access to Route 20 and Interstate 90. Public trans is readily available at the Elgin terminal, located about 1.5 miles, and is locally served by PACE. Bus stops are conveniently located on Larkin Avenue which is footsteps away from the property. The unit mix is comprised of two studios, six one-bedroom / one-bathroom units, and three two-bedroom / one-bathroom units measuring at approximately 500, 650, and 700 square feet, respectively. The property features ample off-street parking and four additional garage/covered-space units. The property is surrounded by local parks, public schools, restaurants, retail stores, banks, grocery markets, etc. Directly east is downtown Elgin. The property offers an investor the opportunity to obtain a well-maintained asset in a favorable Elgin location.

Location

State IL

County Kane

Area Elgin

Zoning MULTI

Interior

Fireplace N

Building

Level or Stories 2

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Midwest Real Estate Data (MRED) IDX
Listed by Brian Knott • RE/MAX Horizon
Bought with Lawrence Hines • RE/MAX Horizon
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