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3 Properties Within 0.5 miles of: 1300 Getzelman, Elgin

1300 Getzelman
Elgin, IL 60123

  • Built In 1969
Price

$669,000

Taxes
$12,932  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
87 X125  
Built
1969  
Neighborhood
Elgin  
MLS
#11377160
Status
Contingent

Property Description

Excellent Investment Opportunity! Large 6 unit; 4 - 2 bedroom units and 2 - 1 bedroom units and private parking. Laundry on site -- current owner has free washing machine with $1.50 to dry - another untapped source of revenue. Actual gross rents and dryer funds are $77,580 with room for an additional 6% in increases ($4,620.) Quiet building with long term tenants and all mechanicals in tip top shape. Mansard section of roof and painting of trim around windows is scheduled to be completed prior to closing, however, seller will credit the $12,500 in their repair fund and allow new buyer to use their own tradesmen. No HOA - owner makes all decisions relative to building, grounds and tenants.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Wall Sleeve
  • Water
  • Sewer

Additional Information

Parking
10 Parking Spaces

Payment Calculator

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

Listing History

04-16-2022 Listed at $669,000
04-20-2022 Status changed to Under Contract
Last Modified 4/20/22 6:43 AM

Nearby Transportation

  • Milwaukee West 1.0 mi
  • I 90 East 1.1 mi
  • I 90 West 1.3 mi
  • Hwy 20 East 1.8 mi
  • Hwy 20 West 1.8 mi
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