Seller's Agent in 2025
Kelly Schmidt
Coldwell Banker Realty
(630) 338-2049
63 in this area
319 Total Sales
110 Babcock St Elburn, IL 60119
5
Beds
3
Baths
--
Sq Ft
8,712
Sq Ft Lot
About This Home
As of May 2025Prime 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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,350
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 131.8' x 66.8'
Home Design
- Ranch Style House
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Parking
- 10 Parking Spaces
- Off-Street Parking
- Parking Included in Price
- Unassigned Parking
Utilities
- Heating Available
Community Details
Building Details
- Maintenance Expense $1,200
- Trash Expense $1,956
- Water Sewer Expense $1,800
- Net Operating Income $23,294
Additional Features
- 3 Units
- Common Area
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2025
Closed on
May 8, 2025
Sold by
Lee Dun Llc
Bought by
Villa Lazzaro
Seller's Agent
Kelly Schmidt
Coldwell Banker Realty
Buyer's Agent
Michael Isadore
Your Place Realty Group
List Price
$339,900
Sold Price
$360,000
Premium/Discount to List
$20,100
5.91%
Total Days on Market
7
Views
101
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,397
Avg. Annual Appreciation
-5.45%
Purchase Details
Closed on
Aug 10, 2012
Sold by
Lundeen David R and Lundeen Julieanna
Bought by
Leedun Llc
Purchase Details
Closed on
Aug 22, 2005
Sold by
Lundeen David R and Lundeen Julieanna
Bought by
Lee Dun Llc
Purchase Details
Closed on
Dec 5, 2001
Sold by
Lundeen Julie Anna
Bought by
Lundeen David R and Lundeen Julie Anna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.87%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $360,000 | First American Title | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Comp | |
| Quit Claim Deed | -- | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $140,000 | Unknown | |
| Previous Owner | $126,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| 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 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Schmidt
-
Jason Stoops
Seller Co-Listing Agent in 2025
Jason Stoops
Coldwell Banker Realty
(630) 207-0808
3 in this area
26 Total Sales
-
Michael Isadore
M
Buyer's Agent in 2025
Michael Isadore
Your Place Realty Group
(630) 965-0869
1 in this area
48 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12338794
APN: 11-06-238-008
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