Photo 1 of 23
$352,000
Sold on 12/05/22
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
5 |
0.00 |
0 |
$7,135 |
1959 |
On the market:
41 days
|
View full details, 15 photos, school info, and price history
HERE IS AN EXCELLENT OPPORTUNITY TO OWN THIS SOLID, FULLY OCCUPIED, 3-UNIT BRICK BUILDING LOCATED IN THE HEART OF ELGIN'S HISTORICAL DISTRICT! EASY WALK TO DOWNTOWN, TRAIN, LIBRARY, CASINO, POST OFFICE, AND RIVER. ONE UNIT HAS 3 BEDROOMS, THE OTHER TWO UNITS HAVE ONE BEDROOM EACH. PROPERTY ALSO FEATURES SEPARATE UTILITIES, CONVENIENT COIN-OP LAUNDRY IN LOWER LEVEL AND A 2 CAR GARAGE. RENTS ARE LOWER THAN AVERAGE MARKET DUE TO LONG-TERM TENANTS. THE 3 GAS METERS ARE DIVIDED AS FOLLOWS: GAS METER 1 IS PAID BY TENANT AT UNIT 1, GAS METER 2 IS SPLIT BETWEEN TENANTS IN UNITS 2 & 3, GAS METER 3 IS PAID BY OWNER. THERE ARE 4 ELECTRIC METERS, EACH TENANT PAYS FOR THEIR OWN, AND THE FOURTH ONE IS PAID BY OWNER. DON'T MISS THIS FABULOUS OPPORTUNITY!
Listing courtesy of Esther Zamudio, Zamudio Realty Group