167 Cherry Street, Elgin, Illinois 60120
$255,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1865 |
| Property Taxes: | $4,881 |
| Days On Market: | 182 |
| Lot Size: | 0,00 |
Description
This 2-unit property presents a fantastic investment opportunity. With the same tenants happily residing for 2 years and eager to stay, the property offers steady rental income. Recent improvements include updated plumbing in 2024, ensuring modern sewer piping. Both units feature new appliances, including refrigerators, water heaters, and stoves, and were remodeled prior to the current tenants' move-in. Tenants pay their own gas and electric, while the owner covers the water bill. Each unit also comes with a detached garage, providing added value. With these updates and reliable tenants, this property is a great long-term investment.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1865 | |
| — | |
| — | |
| No | |
| — |
| Kane | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12307747 | |
| 0614229006 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 17 Mar, 2023 | Sold | $180,000 | MRED MLS |
| 13 Jan, 2023 | Under contract | $190,000 | MRED MLS |
| — | Last price change | $215,000 | MRED MLS |
| 9 Dec, 2022 | Listed for sale | $215,000 | MRED MLS |
| 12 May, 2025 | Sold | $255,000 | MRED MLS |
| 1 May, 2025 | Under contract | $270,000 | MRED MLS |
| — | Last price change | $280,000 | MRED MLS |
| 12 Mar, 2025 | Listed for sale | $280,000 | MRED MLS |
Room Specifics
All Bedroom Info:
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 47 X 130 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2023 | $4,017 |
| 2025 | $4,881 |
Contact Agent
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Contact Agent
Listing Provided By
Luna Real Estate Inc.
