102 Liberty Street, Elgin, Illinois 60120
$315,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1895 |
| Property Taxes: | $6,206 |
| Days On Market: | 1278 |
| Lot Size: | 0,20 |
Description
Gorgeous, well maintained INCOME GENERATING 3 flat near Downtown Elgin (1 block outside of the Historic District) boasting 2944 SQ FT! The perfect investment opportunity! 2 out of the 3 units are currently rented, UNIT 3 is recently vacant. So buyer could move in for now and then switch to the larger 2 bedroom unit once the current tenants are out and rent units 2 & 3 to family/ friends! ROOF IS NEW. Exterior & siding restored & repainted ~ 5 years ago. Plumbing was recently updated. All units have gorgeous hardwood floors throughout, separate entrances and parking spaces (currently unit 1 is utilizing the 2.5 car garage and units 2 & 3 have the exterior spaces.) Each unit has their own electric meter & cooking gas is paid for by tenants. Current landlord pays heat, water, & trash. Extra storage space & free laundry is provided in basement. Unit 1 is a 2 bd/ 2 bath and is the only unit located on the first floor. It is the largest unit of the 3, at 1500 sq. ft. Unit has lots of livable space- with a living room, family room (that could be converted to 3rd bedroom if needed) & a gorgeous formal dining room featuring a beautiful antique marble fireplace with gold inlay. Tenant of unit 1 currently pay $1k/ month in rent which is extremely low for the size/ quality of this unit- but tenant handles all property maintenance for landlord. (According to current market rent; rent could be adjusted to ~$2k) Units 2 and 3 are both 1 bd/ 1 bath units, located on the 2nd floor of property. Unit 2 is approximately 1100 sq. ft. The unit is very bright & open, featuring a generous sized living room and lots of closet space. Rent could be raised to $950- $1k. Unit 3 is ~ 400 sq. ft. with a good sized kitchen & smartly utilized dining area. (could be rented for ~$895) All appliances in units 1 & 2 were installed 2019- 2021 and the windows in units 2 & 3 were recently restored. Current water heater is from 2008 and working well, but owner will be leaving a new water heater for buyer to use once needed. Do not let this fantastic investment opportunity pass by. Schedule a showing today!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1895 | |
| — | |
| — | |
| No | |
| 0.2 |
| Kane | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 11412126 | |
| 0613405023 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Channing Memorial Elementary Sch |
46 | — | |
|
Middle School
Ellis Middle School |
46 | Not in DB | |
|
High School
Elgin High School |
46 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 20 Oct, 2022 | Sold | $315,000 | MRED MLS |
| 15 Aug, 2022 | Under contract | $315,000 | MRED MLS |
| — | Last price change | $325,000 | MRED MLS |
| 26 May, 2022 | Listed for sale | $325,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Unfinished,Storage Space
Other Specifics
| 2.5 | |
| — | |
| — | |
| — | |
| — | |
| 66X132 | |
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| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2022 | $6,206 |
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Listing Provided By
Baird & Warner
