Closed

$300,000

37-39 PORTER Street, Elgin, IL 60120
4 Beds2 Baths7 days
37-39 PORTER Street·Elgin, IL 60120
4Bedrooms
2Bathrooms
1929Year Built
About This Home

This Renovated 2-Unit Brick Investment Property is a Money Making Machine! 1st Floor Unit 2 Bed, 1 Bath Duplexes Down & is Month to Month at $1200! This Unit has Potential to Add Additional Legal Bedrooms if Egress Windows are Installed Includes a Washer & Dryer! Perfect for an Owner Occupant Who Wants to Rent Hack or Multi-Generational Living! Great for Investors Who Want Consistent Cash Flow, as the Current Tenant Would Prefer to Stay! Owner Believes There is Room to Increase Rent for 1st Floor Unit Substantially. A 2nd Bathroom Could Be Added to the Lower Level. 2nd Floor Unit is 2 Bed, 1 Bath, Was Recently Renovated & is Leased Through March 2025 at $1350 Monthly! This Unit Includes a Complete Kitchen Remodel (2024) w/ Sleek White Cabinets, Quartz Countertops, Stainless Steel Appliances, GFCI Outlets (2024), New Carpeting (2024), Flooring (2024), Baseboard (2024), Fresh Paint (2024) & Complete Bath Remodel w/ White Subway Tiled Shower, New Vanity & Fixtures. Roof & 2nd Story Siding Was Replaced in 2023! Both Tenants Pay for Gas, Electricity & Garbage! Owner Pays Water & Common Area Utilities. Property Includes a 2 Car Garage & 2 Story Deck! 48 Hour Notice Required.

MLS# 12079062Listed June 12, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Total Rooms8

Size & Structure

Garage Spaces2
Year Built1929
Lot Size0.150 acres

Location

CountyKane
TownshipElgin
Zip Code60120

Financial

List Price$300,000
Annual Taxes (2023)$6,009
Monthly Tax Est.$501
Parcel #0613405006
Interior Features

Heating

Natural GasForced Air

Basement

Partially FinishedNoneFull
Exterior & Lot

Construction

Brick

Roof

Asphalt

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$6,009
Tax Year 2023
Monthly Tax Est.
$501
per month
Property Location

37-39 PORTER Street, Elgin, IL 60120Kane County

$300,000
37-39 PORTER Street
4 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
2-car garage
0.150 acres
$6,009/yr taxes
$2,077
estimated monthly payment
Principal & Interest
$1,577/mo
Property Tax
$501/mo
$300,000
20% — $60,000
3%50%
6.875%
3%12%
Loan Amount
$240,000
Down Payment
$60,000

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

Listed by
eXp Realty, LLC
Agent: Ryan Widerberg
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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