Closed

$429,999

316 Division Street, Elgin, IL 60120
9 Beds5 Baths58 days
316 Division Street·Elgin, IL 60120
9Bedrooms
5Bathrooms
1925Year Built
About This Home

GREAT 4 UNIT BUILDING FOR ALL INVESTORS!! ONE 3 BRDMS 1 BATH, UPSTAIRS UNIT HAS ACCESS TO ATTIC FOR EXTRA STORAGE & AN OUTSIDE DECK, AND NEW CARPET. ONE 3 BEDROOM 2 BATHS WITH NEW LAMINATE FLOORS THROUGHOUT, ANOTHER 3 BEDROOM ONE BATH IN THE BASEMENT, USED AS COMMERCIAL, ONE COMMERCIAL STUDIO WITH HALF BATH USED CURRENTLY AS A HAIR SALON. TENANTS PAY OWN HEAT AND ELECTRIC. THIS HOME HAS A HISTORIC CHARM WITH BUILT INS POCKET DOORS TRIM AND MOULDINGS. CITY CAME OUT AND REPLACED ALL NEW WATER PIPES FROM THE SEWER TO THE PROPERTY. NEW WATER MAIN! CLOSE TO DOWNTOWN AND CASINO. ALL 4 UNITS HAVE HAD COMPLETED REMODELED OWNER PAYS WATER APPROX 150- 200 A MONTH. PROPERTY SOLD "AS-IS" NO FHA SELLER MAY CONSIDER FHA 203K (WASHER/DRYER & STOVE BELONG TO TENANT ON FIRST FLOOR) CENTRAL AIR AVAILBLE FOR 2 UNITS BUT DOESN'T WORK. NEED 48 HRS NOTICE 4 UNITS ARE TENANT OCCUPIED

MLS# 11932306Listed November 16, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms5
Total Rooms16

Size & Structure

Year Built1925
Lot Size4200

Location

CountyKane
TownshipElgin
Zip Code60120

Financial

List Price$429,999
Annual Taxes (2021)$5,544
Monthly Tax Est.$462
Parcel #0613560080
Interior Features

Heating

Natural GasForced Air

Basement

Partially FinishedPartialWalk-Out Access
Exterior & Lot

Roof

AsphaltFlat

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
Tax & Financial
Annual Taxes
$5,544
Tax Year 2021
Monthly Tax Est.
$462
per month
Property Location

316 Division Street, Elgin, IL 60120Kane County

$429,999
316 Division Street
9 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
58 days on market
4200
$5,544/yr taxes
$2,722
estimated monthly payment
Principal & Interest
$2,260/mo
Property Tax
$462/mo
$429,999
20% — $86,000
3%50%
6.875%
3%12%
Loan Amount
$343,999
Down Payment
$86,000

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

Listed by
Chicagoland Brokers Inc.
Agent: Vanessa Peterson
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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