Closed

$450,000

113 Elm Street, Elgin, IL 60123
4 Beds3 Baths4 days
113 Elm Street·Elgin, IL 60123
4Bedrooms
3Bathrooms
1900Year Built
About This Home

"Income-Producing Property with Character and Convenience" This well-maintained brick 3-flat offers a fantastic opportunity for both investors and owner-occupants. Located in a great area close to schools and transportation, this property boasts several attractive features-The home/building includes charm with its classic brick exterior and well-preserved interior details. Most of the units have been thoughtfully remodeled, featuring nice floors (including some newer carpet), updated kitchens, and baths. Each unit has its own gas and electric utilities, ensuring that tenants cover their own utility costs. The property is beautifully landscaped, creating an inviting curb appeal. Spacious Layout: With one unit per floor, each apartment offers good-sized bedrooms and comfortable living spaces. The building has been meticulously maintained, making it an easy transition for new occupants. Added bonus is the 2-car garage that includes an attached storage or workroom (approximately 20 x 8) Recent Inspection: The property was inspected by the City of Elgin on 09/26/2023 and passed with flying colors, ensuring peace of mind for buyers. Add this to your portfolio today!** please note the owner is living in unit 2 and this unit can be converted to a 2 bedroom if you add a closet to the extra room** Unit 1 plans to resign their lease after 8/24**inspection from Elgin in 2023 passed**

MLS# 12046297Listed May 7, 2024Residential IncomeEnglish
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms3
Total Rooms10

Size & Structure

Garage Spaces2
Year Built1900
Lot Size0.170 acres

Location

CountyKane
TownshipElgin
Zip Code60123

Financial

List Price$450,000
Annual Taxes (2022)$4,874
Monthly Tax Est.$406
Parcel #0614476004
Interior Features

Heating

Natural GasForced Air

Basement

UnfinishedExterior EntryFull
Exterior & Lot

Construction

Brick

Roof

Asphalt
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
Lowrie Elementary School
District: 46
Middle School
Abbott Middle School
District: 46
Tax & Financial
Annual Taxes
$4,874
Tax Year 2022
Monthly Tax Est.
$406
per month
Property Location

113 Elm Street, Elgin, IL 60123Kane County

$450,000
113 Elm Street
4 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
4 days on market
2-car garage
0.170 acres
$4,874/yr taxes
$2,771
estimated monthly payment
Principal & Interest
$2,365/mo
Property Tax
$406/mo
$450,000
20% — $90,000
3%50%
6.875%
3%12%
Loan Amount
$360,000
Down Payment
$90,000

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

Listed by
GC Realty and Development
Agent: Zach Gring
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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