GREAT investment opportunity in the HISTORIC district of Elgin. 9% cap rate and net cash flow is over 1k per month! Sellers own entire building (271 & 273). Located near local restaurants/recreation center/ library. All units are occupied and some units have had the same tenant since 2010! New roof 2004. Only showing 2/4 units (273 units 1 and 2) with the option to show the 3 bedroom unit (271 unit 2) if you can show it from 1:30-3:30 PM. SERIOUS BUYERS ONLY!!!!!!!
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For more information about 271 North, Elgin, IL 60120 contact Corcoran Urban Real Estate.
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