Closed

$580,000

370 Algona Avenue, Elgin, IL 60120
6 Beds4 Baths8 days
370 Algona Avenue·Elgin, IL 60120
6Bedrooms
4Bathrooms
1934Year Built
About This Home

Investment opportunity!!This 4-unit property boasts positive cash flow, making it a great addition to any portfolio. Each unit is meticulously maintained and fully occupied, ensuring a steady stream of income. With a convenient location, strong rental history, and potential for further growth. Don't miss out on this turnkey investment gem!

MLS# 12048550Listed May 9, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms4
Total Rooms16

Size & Structure

Garage Spaces5
Year Built1934
Lot Size65 130

Location

CountyKane
TownshipElgin
Zip Code60120

Financial

List Price$580,000
Annual Taxes (2023)$12,089
Monthly Tax Est.$1,007
Parcel #0612330016
Interior Features

Heating

Natural GasRadiant

Basement

UnfinishedFull
Exterior & Lot

Construction

Other
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteGarage OwnedAttachedGarage
Tax & Financial
Annual Taxes
$12,089
Tax Year 2023
Monthly Tax Est.
$1,007
per month
Property Location

370 Algona Avenue, Elgin, IL 60120 — Kane County

$580,000
370 Algona Avenue
6 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
8 days on market
5-car garage
65 130
$12,089/yr taxes
$4,056
estimated monthly payment
Principal & Interest
$3,048/mo
Property Tax
$1,007/mo
$580,000
20% — $116,000
3%50%
6.875%
3%12%
Loan Amount
$464,000
Down Payment
$116,000

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

Listed by
Homesmart Connect LLC
Agent: Jose Herrera
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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