$350,000

Estimated payment $2,412/month

Total Views 1,964
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Endless Possibilities - 2-Flat with 3-Car Garage Near Downtown Elgin! An incredible investment opportunity awaits just minutes from vibrant downtown Elgin! This spacious 2-flat offers the perfect setup for owner-occupants or savvy investors. Live in one unit while the other helps pay your mortgage-or rent out both and maximize your returns. Two generous units with flexible layouts - ideal for tenants or multigenerational living. Rare 3-car garage - adds convenience and rental appeal. Strong income potential - Plenty of space and classic charm. Close to schools, parks, shopping, dining, and public transportation. Whether you're looking to grow your portfolio or create your dream owner-occupied income property, this is your chance to build equity and cash flow in a sought-after area. Act fast-Schedule your showing today!

Listing Agent

Christopher Davis

Inspire Realty Group LLC License #471020520 Listed on: 07/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,672

Year Built

  • Built in 1900 | Remodeled in 2016

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x96x13x56x47x152

Parking

  • 2 Car Garage
  • Driveway

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Two Heating Systems
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,672

Year Built

Built in 1900 | Remodeled in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Partially Finished, Exterior Entry, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Laundry Hook-Up,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 350000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Driveway, Owned, Garage
  • ParkingTotal: 9

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Sep Heating Systems - 2+
  • Water Source: Public

Fee Information

  • Other Expenses $: 0

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 60X96X13X56X47X152
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 5672
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2023 $5,672 $74,539 $13,931 $60,608
2022 $4,938 $62,943 $12,703 $50,240
2021 $4,715 $58,847 $11,876 $46,971
2020 $4,576 $56,178 $11,337 $44,841
2019 $4,438 $53,513 $10,799 $42,714
2018 $4,391 $50,412 $10,173 $40,239
2017 $4,902 $47,657 $9,617 $38,040
2016 $4,715 $44,213 $8,922 $35,291
2015 -- $40,525 $8,178 $32,347
2014 -- $40,025 $8,077 $31,948
2013 -- $41,081 $8,290 $32,791
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $350,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $190,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,379 New Conventional
Closed $186,558 FHA
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12415447

Midwest Real Estate Data (MRED)

APN: 06-14-403-005