522 Douglas Avenue, Elgin, Illinois 60120


$197,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 5
Baths: 2
Year Built: 1888
Property Taxes: $5,618
Days On Market: 1752
Lot Size: 0,24
Map
Street View

Description

This historic 2-unit property is nestled in between Elgin's popular Gold Coast neighborhood and downtown Elgin. The location of this property is sure to keep your vacancy rates down. Just minutes from I90, downtown Elgin, RT25, RT31, and the Metra, transportation surrounds this property. Current rents total $1,900/mo, which should create positive cash flow for the next owner. Rents can likely be increased to meet market values. Both units are currently occupied - one of them is on a month-to-month. The property has a brand new boiler, a large fenced yard, 2 car garage, and a basement.

Property Specifics

Multi-unit
1888
Full
No
0.24
Kane
— / —
Public
Public Sewer
10959839
0611480007

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Mckinley Elementary School
46
Middle School
Larsen Middle School
46 Not in DB
High School
Elgin High School
46 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
20 Feb, 2013 Sold $86,000 MRED MLS
12 Dec, 2012 Under contract $79,900 MRED MLS
28 Nov, 2012 Listed for sale $79,900 MRED MLS
5 Apr, 2021 Sold $197,000 MRED MLS
10 Feb, 2021 Under contract $200,000 MRED MLS
Last price change $208,000 MRED MLS
21 Jan, 2021 Listed for sale $208,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 5
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: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: Full
Basement Description: Unfinished

Other Specifics

2
Storms/Screens
Corner Lot,Fenced Yard
66X157
Not in DB
Curbs, Sidewalks, Street Lights, Street Paved

Tax History

Year Property Taxes
2013 $5,893
2021 $5,618

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Listing Provided By

Stoll Real Estate