ClosedPrice Reduced

$100,000

$125,000
423 CHICAGO Street, Elgin, IL 60120
2 Beds1 Baths0 sqft26 days
423 CHICAGO Street·Elgin, IL 60120
2Bedrooms
1Bathrooms
0Sq Ft
About This Home

INVESTORS, 9.85% CAP HERE, TENANT ALREADY IN PLACE UNTIL MARCH 2025 AT $1,400/MO! RARELY AVAILABLE 1ST-FLOOR CONDO WITH NO STAIRS, FRESHLY PAINTED AND MOVE-IN READY! THIS CHARMING 2-BEDROOM UNIT IS A CASH COW. THE UPDATED KITCHEN AND BATHROOM IS A NICE TOUCH, OFFERING MODERN CABINETS, COUNTERTOPS, AND FLOORING. ALL NEWER APPLIANCES ARE INCLUDED. SITUATED IN THE HEART OF DOWNTOWN ELGIN, YOU'LL ENJOY FANTASTIC RESTAURANTS AND SHOPPING OPTIONS JUST STEPS AWAY. CASH OR COMMERCIAL LOAN ONLY, BUILDING'S HOA IS SELF-MANAGED.

MLS# 12188448Listed October 14, 2024Residential
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms5

Size & Structure

Living Area0 sqft
Stories4
Fireplaces0
Lot SizeCOMMON

Location

CountyKane
TownshipElgin
Zip Code60120

Financial

List Price$100,000
Original Price$125,000
Annual Taxes (2023)$1,776
Monthly Tax Est.$148
Parcel #0613327021
Interior Features

Heating

Natural GasForced Air

Cooling

None

Basement

UnfinishedFull

Laundry

Common Area
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

AsphaltAssignedOn Site
HOA & Community
HOA Fee
$225
Monthly

HOA Includes

WaterParkingInsuranceExterior MaintenanceLawn CareScavenger
Tax & Financial
Annual Taxes
$1,776
Tax Year 2023
Monthly Tax Est.
$148
per month
Price Reduced by $25,000
Original list price: $125,000
Property Location

423 CHICAGO Street, Elgin, IL 60120 — Kane County

$100,000
423 CHICAGO Street
2 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
26 days on market
COMMON
$1,776/yr taxes
$225 HOA (monthly)
Price reduced $25,000
$899
estimated monthly payment
Principal & Interest
$526/mo
Property Tax
$148/mo
HOA
$225/mo
$100,000
20% — $20,000
3%50%
6.875%
3%12%
Loan Amount
$80,000
Down Payment
$20,000

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

Listed by
Jason Mitchell Real Estate IL
Agent: Rich Wolnik
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