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! Roof in 2004 and the owners are currently waiting on pricing to have a new roof installed! Separate furnace/water heaters 10 years old. Only showing 2/4 units (273 units 1 and 2) with the option to show all units if you can show it from 1:30-3:30 PM. SERIOUS BUYERS ONLY!!!!!!!
Property Map
Please use the print button to include maps when printing.
Property Details
Utilities
Heating Natural Gas, Forced Air
Cooling
Water Public
Sewer Public Sewer
Additional Information
Parking
8 Parking Spaces, Driveway, Owned, Parking included in price
Schools
Central School Program (46), Larsen Middle School (46), Channing Memorial Elementary Sch (46)
Payment Calculator
Listing History
08-28-2021
Listed at $350,000
12-14-2021
Status changed to Cancelled
Last Modified 12/14/21 5:12 PM
Nearby Transportation
Milwaukee West
0.4 mi
Hwy 20 West
1.2 mi
Hwy 20 East
1.3 mi
I 90 East
1.8 mi
I 90 West
1.9 mi
For More Information
(312) 528-9200
For more information about 271 North, Elgin, IL 60120 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by RE/MAX Destiny
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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.
