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
AVG $310K
$320K
Taxes
AVG $5,644
$6,206
Visits
AVG 79
282
Year Built
AVG 1899
1895
Walkscore
AVG 68
71
Data Provided by Walkscore ® not using MLS data

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