113 Elm Street Elgin, IL $ 450,000
113 Elm Street
$ 450,000
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113 Elm Street

Elgin, IL, 60123
$ 450,000
Bedrooms4 Baths3.0 Sq 2,098

Monthly Estimate*

$ 2,991

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Multi-Family Home for sale in Elgin, IL

for $450,000 with 4 bedrooms and 3 full baths. This 2,098 square foot home was built in 1900 on a lot size of 0.17.

"Income-Producing Property with Character and Convenience" This well-maintained brick 3-flat offers a fantastic opportunity for both investors and owner-occupants. Located in a great area close to schools and transportation, this property boasts several attractive features-The home/building includes charm with its classic brick exterior and well-preserved interior details. Most of the units have been thoughtfully remodeled, featuring nice floors (including some newer carpet), updated kitchens, and baths. Each unit has its own gas and electric utilities, ensuring that tenants cover their own utility costs. The property is beautifully landscaped, creating an inviting curb appeal. Spacious Layout: With one unit per floor, each apartment offers good-sized bedrooms and comfortable living spaces. The building has been meticulously maintained, making it an easy transition for new occupants. Added bonus is the 2-car garage that includes an attached storage or workroom (approximately 20 x 8) Recent Inspection: The property was inspected by the City of Elgin on 09/26/2023 and passed with flying colors, ensuring peace of mind for buyers. Add this to your portfolio today!** please note the owner is living in unit 2 and this unit can be converted to a 2 bedroom if you add a closet to the extra room** Unit 1 plans to resign their lease after 8/24**inspection from Elgin in 2023 passed**

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Multi-Family Contingent

Price

$ 450,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,874

Style

English

Lot Size

0.17

Year Built

1900

Town/City

Elgin

County/Region

Kane

MLS | Web ID

12046297

Features
Exterior
Model 2 STORY 3 FLAT
Water Source Public
Total Parking 2
Lot Dimensions 7435 SQ FT
Lot Size Acres 0.17
Other Equipment TV-Cable CO Detectors Multiple Water Heaters Water Heater-Gas
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Brick
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General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing Specific Tenant's Rights
Roof Asphalt
Exterior Features Storms/Screens Cable Access Workshop
Garage Spaces 2
Architectural Style English
Year Built 1900
Township Elgin
Tax Year 2022
Percent Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights Street Paved
County Kane
Insurance Expense 2200
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 10
Status Contingent
Directions Chicago st to Locust east to Elm south on elm across from St Ed's High School.
City Elgin
High School District 46
MLS Area Elgin
Waterfront Y/N N
Street Name Elm
Elementary School Lowrie Elementary School
Tax Annual Amount 4874
Electric Expense 192
Fuel Expense 0
Middle/Junior High School Abbott Middle School
Trash Expense 0
Water Sewer Expense 1440
Additional Parcels Y/N N
Days on Market 4
Standard Status Active Under Contract
Middle/Junior School District 46
Elementary School District 46
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Interior
Basement Full Unfinished Exterior Access
Street Suffix Street
Total Bedrooms 4
Total Baths 3
Bedrooms Possible 4
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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* Excluded Features
List By
Gc Realty And Development

Broker

strongholddwellings@gmail.com;zach.gring@gcrealtyinc.com

Email

Affordability Calculator

$3,397
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,991
Monthly Property Taxes
$406
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2576190 Elementary School
565438 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2024$450,000 Listed Price

Map


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113 Elm Street, Elgin, IL, 60123 is a Multi-Family Home for sale at $450,000 with 2,098 sqft and a lot size of 0.17. 113 Elm Street has 4 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 60123 which is in Elgin, IL