$329,900

558 Franklin Blvd Elgin, IL 60120

Estimated payment $2,285/month

Total Views 1,472
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Are you an investor looking for a 2-unit property or a buyer needing additional rental income? Then this is the perfect property for you. This 2-unit is ready to move in. The first floor has two bedrooms and one bathroom (remodeled in 2023), and the second floor has one bedroom and one bathroom with new kitchen cabinets (2022), new kitchen flooring (2022), new stove and fridge (2022), a two-car garage, and a driveway for six cars. Call today to schedule your exclusive appointment.

Listing Agent

Eddie Quintana-Garcia

Netgar Investments, Inc License #475176345

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,271

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 66.5x148.7x66.9x148.1

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,271

Year Built

Built in 1900

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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Other
  • List Price: 329900
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Driveway, Owned, Garage
  • ParkingTotal: 8

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 66.5X148.7X66.9X148.1
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5270.98
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • 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 $5,006 $66,730 $15,909 $50,821
2022 $4,390 $56,633 $14,506 $42,127
2021 $4,010 $52,948 $13,562 $39,386
2020 $3,880 $50,547 $12,947 $37,600
2019 $4,497 $48,149 $12,333 $35,816
2018 $4,484 $45,359 $11,618 $33,741
2017 $4,410 $42,880 $10,983 $31,897
2016 $4,243 $39,781 $10,189 $29,592
2015 -- $36,463 $9,339 $27,124
2014 -- $36,013 $9,224 $26,789
2013 -- $36,963 $9,467 $27,496
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $329,900 +35.8% --
11/16/2021 11/16/21 Sold $243,000 +15.7% --
10/13/2021 10/13/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $210,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $243,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $238,598 FHA
Previous Owner $15,000 Credit Line Revolving
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12370577

Midwest Real Estate Data (MRED)

APN: 06-13-205-007