Closed

$420,000

306-08 Belmont Avenue, Elgin, IL 60123
4 Beds4 Baths7 days
306-08 Belmont Avenue·Elgin, IL 60123
4Bedrooms
4Bathrooms
1990Year Built
About This Home

***Multiple offers received. Highest & Best due by Noon on Friday, 10/17.***Welcome to this duplex property located on Elgin's west side, perfect for those seeking an income property or the option to live in one unit and rent out the other. This property offers convenient access to Elgin Community College, the Randall Road corridor for shopping and dining and an easy commute to Route 20 and I-90. Each unit features a formal living room, a spacious kitchen with ample cabinets and counter space and a large dining area that could also serve as a sitting area. Both units include sliding glass doors leading to the backyard and a full bathroom on the first floor. On the second level, each unit offers two bedrooms. One is an oversized primary suite with generous closet space, and the second bedroom also provides ample closet space. A full bathroom is located in the upstairs hallway of each unit. Unit one has been recently updated and includes an unfinished basement. Unit two was updated within the last 15 years, with unit one recently redone! Both basements are highly usable and can be finished to your preference. While the property does not currently have a garage, there is space available to add one. The home requires some exterior work, but the interiors are move-in ready and can provide immediate rental income. The property was previously occupied by the owner on one side and a tenant on the other. These properties do not hit the market often, so please take a look! DO NOT GO OUT ON SECOND FLOOR BALCONY! PROPERTY IS BEING SOLD AS IS.

MLS# 12483243Listed October 11, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms4
Total Rooms10

Size & Structure

Year Built1990
Lot Size8642

Location

CountyKane
TownshipElgin
Zip Code60123

Financial

List Price$420,000
Annual Taxes (2024)$9,116
Monthly Tax Est.$760
Parcel #0621257017
Interior Features

Heating

Natural Gas

Basement

FinishedUnfinishedFull
Exterior & Lot

Construction

Cedar
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On Site
Tax & Financial
Annual Taxes
$9,116
Tax Year 2024
Monthly Tax Est.
$760
per month
Property Location

306-08 Belmont Avenue, Elgin, IL 60123 — Kane County

$420,000
306-08 Belmont Avenue
4 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
8642
$9,116/yr taxes
$2,967
estimated monthly payment
Principal & Interest
$2,207/mo
Property Tax
$760/mo
$420,000
20% — $84,000
3%50%
6.875%
3%12%
Loan Amount
$336,000
Down Payment
$84,000

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

Listed by
RE/MAX All Pro - St Charles
Agent: Michelle Collingbourne
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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