438 Villa Street, Elgin, Illinois 60120


$385,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 6
Baths: 0
Year Built: 1900
Property Taxes: $6,600
Days On Market: 551
Lot Size: 0,20
Map
Street View

Description

Exceptional three-unit investment property, overflowing with charm and revitalized with modern enhancements. This property stands out for its versatility and functionality. Featuring a three-car garage, full basement, and attic with abundant storage capacity. BRAND NEW roof on the building and garage (2024). Water heater replaced in 2024. The main unit boasts 10-ft. ceilings, an extremely spacious living area, four bedrooms, two full bathrooms and a wood burning fireplace. Recent upgrades to unit #1 include fresh paint - new stove and refrigerator - new fans in the living and dining rooms. Apartments two and three underwent complete renovations in the past few years! Unit number two includes fresh paint - Laminate floors - Full bathroom upgrade - New blinds - Brand new kitchen cabinets (2022). In addition to previous upgrades, the owner also put up new drywall in the entire unit number three as well as new electric wall heaters. With high income potential, this property is a must see for investors or owner-occupiers seeking to maximize returns, while enjoying the benefits of multi-unit ownership. Close to downtown Elgin, Festival Park, Grand Victoria Casino, I-90, Rt. 20, schools, restaurants and so much more! Please make sure to show buyers the projected income that this building will bring in, in relation to the current income that is very low. SHOWINGS TO TAKE PLACE JUNE 8TH 12-3pm AND JUNE 9th 12-2:30pm

Property Specifics

Multi-unit
1900
No
0.2
Kane
— / —
12062866
0613457021

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:
11 Jun, 2019 Sold $220,000 MRED MLS
25 Apr, 2019 Under contract $240,000 MRED MLS
Last price change $245,000 MRED MLS
4 Oct, 2018 Listed for sale $259,900 MRED MLS
30 Jul, 2024 Sold $385,000 MRED MLS
11 Jun, 2024 Under contract $379,900 MRED MLS
22 May, 2024 Listed for sale $379,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Partially Finished,Exterior Access,Storage Space

Other Specifics

3
8712
Not in DB

Tax History

Year Property Taxes
2019 $6,395
2024 $6,600

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Listing Provided By

RE/MAX All Pro - St Charles