Closed

$270,000

571 Walnut Avenue, Elgin, IL 60123
4 Beds2 Baths6 days
571 Walnut Avenue·Elgin, IL 60123
4Bedrooms
2Bathrooms
1900Year Built
About This Home

Solid Well Maintained 2 Unit Property, buy as an investment or great opportunity to live in one unit and rent the other out! Could also work as an in law arrangement as rear unit is all on one level except for laundry. Front unit has Living Room, Dining Room, Kitchen on the first floor and Two Bedrooms and a bath upstairs. Rear Unit has Living Room, Kitchen, Bathroom and Two Bedrooms all on one level. Units have separate Water Heaters, Furnaces, Gas and Electric, one furnace and one water heater are newer. Each unit has its own storage area and Washer/Dryer in the basement. Tenants share the two car garage. Front unit has been owner occupied since 2004 and is currently vacant, rear unit is leased through 9/1 to long term tenants.

MLS# 12004296Listed March 15, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Total Rooms9

Size & Structure

Garage Spaces2
Year Built1900
Lot Size50 X 132

Location

CountyKane
TownshipElgin
Zip Code60123

Financial

List Price$270,000
Annual Taxes (2022)$4,045
Monthly Tax Est.$337
Parcel #0623205002
Interior Features

Heating

Natural GasSteam

Basement

UnfinishedFull
Exterior & Lot

Construction

Vinyl SidingStucco

Roof

Asphalt

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteGarage OwnedDetachedGarage
Schools
Elementary
Lowrie Elementary School
District: 46
Middle School
Abbott Middle School
District: 46
High School
Larkin High School
District: 46
Tax & Financial
Annual Taxes
$4,045
Tax Year 2022
Monthly Tax Est.
$337
per month
Property Location

571 Walnut Avenue, Elgin, IL 60123Kane County

$270,000
571 Walnut Avenue
4 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
6 days on market
2-car garage
50 X 132
$4,045/yr taxes
$1,756
estimated monthly payment
Principal & Interest
$1,419/mo
Property Tax
$337/mo
$270,000
20% — $54,000
3%50%
6.875%
3%12%
Loan Amount
$216,000
Down Payment
$54,000

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

Listed by
Premier Living Properties
Agent: Teresa Stultz
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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