Corcoran Urban Real Estate
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Any Beds
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3 Properties Within 0.5 miles of: 125 Oak, Elgin

125 Oak
Elgin, IL 60123

  • 4 Beds
  • Built In 1900
Price

$275,000

Taxes
$4,343  
Beds
4  
Rooms
10  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
10230  
Built
1900  
Neighborhood
Elgin  
MLS
#11376439
Status
Contingent

Property Description

Amazing investment opportunity! 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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Property Details

Utilities

  • Heating Forced Air
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
4 Parking Spaces, Driveway, Owned, Parking included in price
Schools
Larkin High School (46), Abbott Middle School (46), Lowrie Elementary School (46)

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

04-21-2022 Listed at $275,000
04-29-2022 Status changed to Under Contract
Last Modified 4/29/22 4:21 PM

Nearby Transportation

  • Milwaukee West 0.1 mi
  • Hwy 20 West 0.3 mi
  • Hwy 20 East 0.3 mi
  • I 90 East 2.7 mi
  • I 90 West 2.8 mi
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