439 S State Street Elgin, IL ^$ 245,000

439 S State Street

^$ 245,000

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439 S State Street

Elgin, IL, 60123

^$ 245,000

Bedrooms4 Baths2.0

Monthly Estimate*

^$ 1,628

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Multi-Family Home for sale in Elgin, IL

for $245,000 with 4 bedrooms and 2 full baths. This home was built in 1900.

MULTIPLE OFFERS RECEIVED-DEADLINE 5/26 AT 9:00 PM Fabulous investment opportunity in great shape and ready for new ownership. New hot water heater in 2020, new water line in 2020, upgraded electric in 2018, laundry onsite, new roof in 2007, new exterior staircase 2019, freshly painted, and many other upgrades. The wrap around porch and 2 car detached garage make this a great investment. Tenants are responsible for snow removal, electricity, and gas. Upper unit boiler replaced in 1998 and the lower unit boiler in 2022. New Driveway in 2017 and new windows installed systematically between 2015-2017. Property is in good condition and is being sold "as is". Transferable home warranty is good until 2027! Listing agent is related to the seller.

Multi-Family Contingent

Price

^$ 245,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,505

Style

Year Built

1900

Town/City

Elgin

County/Region

Kane

MLS | Web ID

12061099

Features

General

Sewer Public Sewer

Heating Natural Gas Sep Heating Systems - 2+ Indv Controls Zoned

Possession Closing Tenant's Rights Lease Out Stand

Garage Spaces 2

Year Built 1900

Township Elgin

Tax Year 2022

Percent Ownership Fee Simple

Community Features Sidewalks Street Lights Street Paved

County Kane

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 10

Status Contingent

Directions rte 20 to rte 31 north - property on east side of 31

City Elgin

High School District 46

MLS Area Elgin

Waterfront Y/N N

Street Name State

Tax Annual Amount 4505.7

Water Sewer Expense 960

Days on Market 5

Standard Status Active Under Contract

Middle/Junior School District 46

Elementary School District 46

Interior

Basement Full Unfinished

Street Suffix Street

Total Bedrooms 4

Total Baths 2

Bedrooms Possible 4

Full Baths Building 2

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features None

Water Source Public

Total Parking 6

Lot Dimensions 138X159X132X53

Garage Onsite Yes

Garage Type Detached

Garage Ownership Owned

Exterior Cedar

* Excluded Features

List By

Re/Max All Pro

Broker

rayanddawna@yahoo.com

Affordability Calculator

$2,004

Per Month

Monthly Principal & Interest: $1,628
Monthly Property Taxes: $375
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Multi-family listings in Elgin, IL

Average List Price ^$694,887

Percent of Sale Price 184%

About Elgin, IL

114,155 Population

21% Since 2002

^$61,828 Median Income

35.71 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

567545 Elementary School

566729 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/24/2024	$245,000		Listed Price

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439 S State Street, Elgin, IL, 60123 is a Multi-Family Home for sale at $245,000. 439 S State Street has 4 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 60123 which is in Elgin, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 6/22/2024.

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439 S State Street

Multi-Family Home for sale in Elgin, IL

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