$448,000
$449,900
0.4%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
SOLD DATE : 06/09/2026
Key Details
Sold Price $448,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12537084
Sold Date 06/09/26
Bedrooms 5
Annual Tax Amount $7,814
Tax Year 2024
Lot Dimensions 99 x 157
Property Sub-Type Two to Four Units
Property Description
Great investment opportunity in Elgin. This unique 3-unit property offers strong upside and multiple income streams. The main building features a lower-level 3-bedroom unit with access to a 2-car garage, plus an upper-level studio apartment. Don't miss the detached 2-bedroom cottage located at the rear of the property off the alley. This separate unit has new flooring, fresh paint, its own parking, and a fenced-in yard, making it ideal for tenant appeal or owner flexibility. Property includes three separate water meters. Two units are currently occupied by long-term tenants, with current rents below market, offering clear potential to increase cash flow. Sold as-is. A solid opportunity for investors looking to add value and grow income in a strong rental market. Contract fell through another buyers loss is your gain.
Location
State IL
County Kane
Area Elgin
Rooms
Basement Cellar, Full
Interior
Heating Natural Gas, Forced Air, Steam
Equipment CO Detectors, Ceiling Fan(s)
Fireplace N
Exterior
Garage Spaces 2.0
Building
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Washington Elementary School
Middle Schools Washington Middle School
High Schools Larkin High School
School District 46 , 129, 46
Others
Ownership Fee Simple
Special Listing Condition None
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Jesus Perez of Realty of America, LLC
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