$320,000
$300,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
449-51 Addison ST Elgin, IL 60120
6 Beds
3 Baths
Key Details
Sold Price $320,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11321335
Bedrooms 6
Year Built 1880
Annual Tax Amount $5,889
Tax Year 2020
Property Sub-Type Two to Four Units
Property Description
Great INCOME GENERATING property for the savvy or novice investor. The perfect situation for an owner occupant looking to live and invest in Elgin! This 3 unit Building features 1-1 bedroom, 1-2 bedroom, and 1-3 bedroom unit. The 2 bedroom is vacatant and has been freshly painted and all new flooring. The 2 bedroom unit should rent for $1200 a month. The 3 bedroom and 2 bedroom units where rehabbed in 2017 with all new flooring, updated baths, and new appliances. 2 water heaters for the building both new in 2017. Exterior painting 2021. Tenant pays utilities except water. Total rental income with 2 bedroom unit rented out $3,025/month. Property sits on huge lot with secured 2.5 car garage. Don't let this opportunity get away. Add this beauty to your portfolio today! Multiple offers highest and best due 2/13 at 12pm.
Location
State IL
County Kane
Area Elgin
Zoning LNC
Interior
Heating Natural Gas
Equipment Multiple Water Heaters
Exterior
Parking Features Detached
Garage Spaces 2.5
Community Features Curbs, Sidewalks, Street Lights
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 46 , 46, 46
Others
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Charles Miller • Charles Miller Realty