449-51 Addison St., Elgin, IL 60120

449-51 Addison St., Elgin, IL 60120
Photo 1 of 10
$320,000
Sold on 3/18/22
Beds Baths Sq. Ft. Taxes Built
6 0.00 0 $5,890 1880
On the market: 36 days
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Christopher Davis, Inspire Realty Group LLC