Closed

$569,900

105 Elm Street, Elgin, IL 60123
6 Beds4 Baths6 days
105 Elm Street·Elgin, IL 60123
6Bedrooms
4Bathrooms
1959Year Built
About This Home

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.

MLS# 11991261Listed February 28, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms4
Total Rooms18

Size & Structure

Year Built1959
Lot Size0.200 acres

Location

CountyKane
TownshipElgin
Zip Code60123

Financial

List Price$569,900
Annual Taxes (2022)$7,979
Monthly Tax Est.$665
Parcel #0614476001
Interior Features

Heating

Natural GasBaseboardRadiant

Basement

None
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter

Lot Features

Corner Lot
Utilities & Parking

Sewer

Public SewerStorm Sewer

Water Source

Public

Parking

UnassignedOff StreetParking LotOn SiteOwned
HOA & Community

Community Features

ParkCurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
Washington Elementary School
District: 46
Middle School
Abbott Middle School
District: 46
High School
Larkin High School
District: 46
Tax & Financial
Annual Taxes
$7,979
Tax Year 2022
Monthly Tax Est.
$665
per month
Property Location

105 Elm Street, Elgin, IL 60123Kane County

$569,900
105 Elm Street
6 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
6 days on market
0.200 acres
$7,979/yr taxes
$3,660
estimated monthly payment
Principal & Interest
$2,995/mo
Property Tax
$665/mo
$569,900
20% — $113,980
3%50%
6.875%
3%12%
Loan Amount
$455,920
Down Payment
$113,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
RE/MAX All Pro
Agent: Timothy Sotis
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