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125 Oak Street

Elgin, IL 60123
  • $279,000
  • STATUS: Active Under Contract
  • ON SITE: 33 Days
  • MLS #: 11457488
Under Contract
UPDATED: 55 min ago
$279,000
  • 4
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
46

Description

Amazing investment opportunity! First floor unit will be freshly cleaned and painted, tenant just left. Here is your chance to own a vintage building, just steps away from the Fox River and close to downtown Elgin that helps pay for itself! Live in one unit and rent out the other, or rent them both out for a potential 2700/month rental income. The property offers 2 units, one upstairs and one downstairs. Both units are 2 bedroom and 1 bathroom, have original mouldings and large windows throughout allowing ample sunlight, original hardwood floors and full kitchens. The basement houses laundry and storage cages for each unit. Located close to Grand Victoria Casino, Metra, expressways, shopping, entertainment, restaurants, the Fox River and so much more! Both units were renovated in 2014 including updated furnace, A/C condenser, roof, UV efficient windows, water heater and appliances. Located on a large lot with plenty of space to enjoy the outdoors and 4 comfortable parking spaces. All renovations were done to code. Building is being sold as-is. Please see private remarks for tenant info.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Century 21 Affiliated. Based on information submitted to the MRED as of 2022-08-10T15:01:48.4 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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125 Oak Street Elgin, IL 60123

  • Price: $279,000
  • Status: Active Under Contract
  • On Site: 33 Days
  • Updated: 55 min ago
  • MLS #: 11457488
4
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Elgin
County:
Kane
Area:
Elgin
Elementary School:
Lowrie Elementary School
Middle School:
Abbott Middle School
High School:
Larkin High School
School District:
46
Property Description
Amazing investment opportunity! First floor unit will be freshly cleaned and painted, tenant just left. Here is your chance to own a vintage building, just steps away from the Fox River and close to downtown Elgin that helps pay for itself! Live in one unit and rent out the other, or rent them both out for a potential 2700/month rental income. The property offers 2 units, one upstairs and one downstairs. Both units are 2 bedroom and 1 bathroom, have original mouldings and large windows throughout allowing ample sunlight, original hardwood floors and full kitchens. The basement houses laundry and storage cages for each unit. Located close to Grand Victoria Casino, Metra, expressways, shopping, entertainment, restaurants, the Fox River and so much more! Both units were renovated in 2014 including updated furnace, A/C condenser, roof, UV efficient windows, water heater and appliances. Located on a large lot with plenty of space to enjoy the outdoors and 4 comfortable parking spaces. All renovations were done to code. Building is being sold as-is. Please see private remarks for tenant info.
Exterior Features

Exterior Building Type Vinyl SidingConcrete Exterior Features Porch ScreenedOutdoor Grill Is Parking Included In Price Yes Lot Size Less Than .25 Acre Multi Family Type 2 Flat Parking Details Space/S Parking Features Driveway Parking Onsite Yes Parking Ownership Owned Parking Total 4 Waterfront YN No

Interior Features

Basement Finished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 4 Full Baths In Building 2 Half Baths In Building 0 Heating Forced Air Rooms Total 10

Property Features

Additional Parcels YN No Age 100+ Years Built Before1978 YN Yes Community Features SidewalksStreet LightsStreet Paved Contingency Financing Continue To Show Yes Corporate Limits Elgin General Information School Bus ServiceCommuter TrainInterstate Access Mls Actual Status Contingent New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2014 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 4343 Tax Year 2020 Total Numberof Unitsin Building 2 Township Elgin Type Two To Four Units Water Source Public

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Redfin Corporation.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Century 21 Affiliated. Based on information submitted to the MRED as of 2022-08-10T15:01:48.4 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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