Address
102 S Liberty Street, Elgin, IL
Price
$ 315,000
Property Attributes
- MLS#11412126
- TypeMulti-Family
- CountyKANE
- CityElgin
- AreaElgin
- Zip60120
- Style
- Year Built1895
- Taxes$ 6206
- Price$ 315,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3000
- Lot Size8,712 SqFt
Listing Provided Courtesy Of:
Baird & Warner
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Gorgeous, well maintained INCOME GENERATING 3 flat near Downtown Elgin (1 block outside of the Historic District) boasting 2944 SQ FT! The perfect investment opportunity! All 3 units are currently being rented out. Current tenants love & care for the property and it shows! Property currently generates $2,525/ month in rental income but could go for much more (based on current market rent) ROOF IS NEW. Exterior & siding re painted ~ 5 years ago. Plumbing was recently updated. All units have gorgeous refinished hardwood floors throughout, separate entrances and parking spaces (currently unit 1 is utilizing the 3 car garage and units 2 & 3 have the exterior spaces.) Each unit has their own electric meter & cooking gas is paid for by tenants. Current landlord pays heat, water, & trash. Extra storage space & free laundry is provided in basement. Unit 1 is a 2 bd/ 2 bath and is the only unit located on the first floor. It is the largest unit of the 3, at 1500 sq. ft. Unit has lots of livable space- with a living room, family room (that could be converted to 3rd bedroom if needed) & a gorgeous formal dining room featuring a beautiful antique marble fireplace with gold inlay. Tenant of unit 1 currently pay $1k/ month in rent which is extremely low for the size/ quality of this unit- but tenant handles all property maintenance for landlord. Units 2 and 3 are both 1 bd/ 1 bath units, located on the 2nd floor of property. Unit 2 is approximately 1100 sq. ft. The unit is very bright & open, featuring a generous sized living room and lots of closet space. Unit 3 is ~ 400 sq. ft. with a good sized kitchen & smartly utilized dining area. Do not let this fantastic investment opportunity pass you by. Schedule a showing today!
| Elementary School | Middle School | High School |
|---|---|---|
| Channing Memorial Elementary Sch | Ellis Middle School | Elgin High School |
| Price History | |
|---|---|
| 5/26/2022 | Listed $325,000 |
| 6/15/2022 | 4% - $315,000 |
General Features
| Additional Parcels Y/N | No |
|---|---|
| Basement | Full |
| City | Elgin |
| Community Features | Sidewalks |
| County | Kane |
| Days on Market | 30 |
| Directions | Take Elgin & 20 W, L on Villa St, R on S. Liberty St. continue for .4, on your left. |
| Elementary School | Channing Memorial Elementary Sch |
| Elementary School District | 46 |
| Exterior Features | Patio, Porch |
| Fuel Expense | 1600 |
| Garage Spaces | 2.5 |
| Heating | Natural Gas, Forced Air |
| High School | Elgin High School |
| High School District | 46 |
| Insurance Expense | 1300 |
| MLS Area | Elgin |
| Maintenanceexpense | 1500 |
| Middle/Junior High School | Ellis Middle School |
| Middle/Junior School District | 46 |
| New Construction | No |
| Ownership | Fee Simple |
| Possession | Closing |
| Property Type | Residential Income |
| Property Type | Two to Four Units |
| Roof | Asphalt |
| Sewer | Public Sewer |
| Standard Status | Active |
| Status | Active |
| Street Name | Liberty |
| Tax Annual Amount | 6206.14 |
| Tax Year | 2020 |
| Total Rooms | 15 |
| Township | Elgin |
| Trash Expense | 1000 |
| Virtual Tour | https://tours.vht.com/BWI/T434255666/nobranding |
| Water Sewer Expense | 1000 |
| Year Built | 1895 |
Interior Features
| Basement | Unfinished, Storage Space |
|---|---|
| Bedrooms Possible | 4 |
| Full Baths Building | 4 |
| Room Type | Den, Sitting Room |
| Street Suffix | Street |
| Total Baths | 4 |
| Total Bedrooms | 4 |
Exterior Features
| Exterior | Frame |
|---|---|
| Foundation Details | Concrete Perimeter |
| Garage Onsite | Yes |
| Garage Ownership | Owned |
| Garage Type | Detached |
| Lot Dimensions | 66X132 |
| Lot Size Acres | 0.2 |
| Other Equipment | CO Detectors |
| Parking Features | Side Apron, Driveway |
| Total Parking | 3 |
| Water Source | Public |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60120
Price
Taxes
Visits
Year Built
Walkscore
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Maurer Real Estate Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.Based on information submitted to the MLS GRID as of July 3, 2022 5:35 AM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of July 3, 2022 5:35 AM UTC
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
