Seller's Agent in 2025
Kelly Schmidt
Coldwell Banker Realty
(630) 338-2049
65 in this area
325 Total Sales
Estimated Value: $341,000 - $370,000
Prime Investment Opportunity - 3-Unit Apartment Building in the Heart of Elburn! Welcome to an exceptional ranch style 3 unit multi-family investment property located just steps from charming downtown Elburn and minutes from the Metra station! This fully rented, well-maintained 3-unit apartment building offers immediate cash flow potential with long-term upside in a growing, high-demand rental market. Each unit features its own private entrance and spacious layout, blending comfort and functionality. With a mix of 1- and 2-bedroom units, this property appeals to a wide range of tenants-from commuters to young professionals to families. The building sits on a generous corner lot with ample off-street parking and green space, offering convenience and a touch of suburban charm. Property Highlights: * 3 fully MTM leased residential units. Each Unit is a 2 bed 1 bath * Separate utilities for each unit. o Owner pays water o Owner pays Trash removal o Owner pays Lawn Care and Snow Removal * Strong rental history and tenant retention with long term residents * Zoned residential/multifamily * Walkable to downtown Elburn for local shops, dining, schools, and parks * Just minutes to Elburn Metra station and Route 47 and Route 38 for easy commuting Whether you're a seasoned investor expanding your portfolio or a first-time buyer looking for income-producing property, 110-114 Babcock Street is a rare find in a prime location. Don't miss out on this turnkey investment with upside potential in one of Kane County's most desirable communities. Asphalt Parking lot, Roof replaced approximately 5 years ago, newer appliances in some of the units. No laundry on site. Each unit has Electric Baseboard Heat Registers, Window Air Conditioners, each unit has their own Hot Water Heater. Selling AS IS. Schedule a showing today see the potential for yourself. Listing agent will attend all showings (buyer's agent must attend).
Last Agent to Sell the Property
Coldwell Banker Realty License #471019957 Listed on: 04/15/2025
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lazaro Villa Villegas Living Trust | -- | None Listed On Document | |
| Villa Lazzaro | $360,000 | First American Title | |
| Leedun Llc | -- | Chicago Title Insurance Comp | |
| Lee Dun Llc | -- | Chicago Title Insurance Co | |
| Lundeen David R | -- | First American Title Ins Co |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lundeen David R | $126,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | Sold | $360,000 | +5.9% | -- |
| 04/22/2025 04/22/25 | Pending | -- | -- | -- |
| 04/15/2025 04/15/25 | For Sale | $339,900 | -- | -- |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,625 | $114,185 | $10,209 | $103,976 |
| 2023 | $9,350 | $103,055 | $9,214 | $93,841 |
| 2022 | $7,660 | $81,831 | $8,456 | $73,375 |
| 2021 | $7,431 | $78,322 | $8,093 | $70,229 |
| 2020 | $7,315 | $76,486 | $7,903 | $68,583 |
| 2019 | $7,327 | $75,363 | $7,787 | $67,576 |
| 2018 | $5,461 | $55,015 | $7,787 | $47,228 |
| 2017 | $5,466 | $54,389 | $7,698 | $46,691 |
| 2016 | $5,383 | $51,991 | $7,495 | $44,496 |
| 2015 | -- | $52,368 | $7,203 | $45,165 |
| 2014 | -- | $60,910 | $8,015 | $52,895 |
| 2013 | -- | $55,276 | $8,015 | $47,261 |
Seller's Agent in 2025
Kelly Schmidt
Coldwell Banker Realty
(630) 338-2049
65 in this area
325 Total Sales
Seller Co-Listing Agent in 2025
Jason Stoops
Coldwell Banker Realty
(630) 207-0808
4 in this area
26 Total Sales
M
Buyer's Agent in 2025
Michael Isadore
Your Place Realty Group
(630) 965-0869
1 in this area
48 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 12338794
APN: 11-06-238-008
Ask me questions while you tour the home.