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10 Properties Within 0.5 miles of: 224 Jefferson, Elgin
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224 Jefferson
Elgin, IL 60120

  • Built In 1920
Price

$1,100,000

Taxes
$18,064  
Type
Mutli Family  
Sq. Ft.
n/a  
Lot Size
96X134X83X137  
Built
1920  
Neighborhood
Elgin  
MLS
#10898139
Status
Contingent

Property Description

GREAT, INCOME OPPORTUNITY!! 15 UNIT BUILDING OFFERS FANTASTIC INCOME OPPORTUNITY!! Over 10% cap rate building! All units are 1 BR, 1 BATH in this solid brick building! So much has been done here recently! Newer carpeting and fresh paint in common areas! Newer garage doors with opener and wall divider! The 4 car garage is rented out for extra income! Coin-operated laundry machines 2 new in 2019! Newly repaved and striped driveway! Rebuilt front and back entrance stairs! Newer gutters on the building and garage! Six units are completely remodeled and 2 are partially remodeled! The building is located near downtown Elgin! Great money making potential with this one!

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

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

Listing History

10-09-2020 Listed at $1,100,000
10-14-2020 Status changed to Under Contract
Last Modified 10/16/20 5:40 AM

Nearby Transportation

  • Bus 541 0.1 mi
  • Bus 541 0.1 mi
  • Bus 543 0.3 mi
  • Bus 543 0.3 mi
  • Bus 547 0.5 mi
  • Bus 547 0.5 mi
  • Bus 552 0.7 mi
  • Bus 550 0.7 mi
  • Bus 552 0.7 mi
  • Bus 542 0.7 mi
  • Bus 554 0.7 mi
  • Bus 542 0.7 mi
  • Bus 554 0.7 mi
  • Bus 603 0.8 mi
  • Bus 603 0.8 mi
  • Milwaukee West 0.9 mi
  • I 90 East 1.2 mi
  • I 90 West 1.4 mi
  • Hwy 20 West 1.8 mi
  • Hwy 20 East 1.9 mi
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