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.
Property Map
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Property Details
Utilities
Heating Forced Air
Cooling
Water Public
Sewer Public Sewer
Additional Information
Exterior Features
Porch Screened, Outdoor Grill
Parking
4 Parking Spaces, Driveway, Owned, Parking included in price
Schools
Larkin High School (46), Abbott Middle School (46), Lowrie Elementary School (46)
Payment Calculator
Listing History
04-21-2022
Listed at $275,000
04-29-2022
Status changed to Under Contract
06-10-2022
Status changed to Cancelled
Last Modified 6/10/22 4:32 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
For More Information
(312) 528-9200
For more information about 125 Oak, Elgin, IL 60123 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Redfin Corporation
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
