6 State Street, Elgin, Illinois 60123
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$210,600
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 3 |
| Baths: | 0 |
| Year Built: | 1900 |
| Property Taxes: | $3,762 |
| Days On Market: | 2694 |
| Lot Size: | 0,04 |
Description
Great 3 unit on Elgins west side. Recently rehabbed including new kitchen, baths, paint, tile, etc. Cash flows like crazy. 2 rental units make 1820 per month on one year leases and full security deposits. Storefront currently used as office by owner but would bring another 900 per month of rental income. Tenants pay all utilities except water. Building is brick with and in great condition. Look at the CAP RATE 14% plus. Owner hates to sell, but needs to free things up for purchase of apartment complex. Their loss is your find.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1900 | |
| Full | |
| — | |
| No | |
| 0.04 |
| Kane | |
| — | |
| — / — | |
| — | |
| Public | |
| Public Sewer | |
| 10127767 | |
| 0614406011 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 20 Dec, 2018 | Sold | $210,600 | MRED MLS |
| 8 Nov, 2018 | Under contract | $210,000 | MRED MLS |
| 1 Nov, 2018 | Listed for sale | $210,000 | MRED MLS |
| 10 Apr, 2020 | Sold | $223,000 | MRED MLS |
| 10 Mar, 2020 | Under contract | $229,900 | MRED MLS |
| 6 Mar, 2020 | Listed for sale | $229,900 | MRED MLS |
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Room Specifics
All Bedroom Info:
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: FullRooms: —
Basement Description: Unfinished
Other Specifics
| — | |
| Concrete Perimeter | |
| — | |
| — | |
| — | |
| 22X90 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2018 | $3,762 |
| 2020 | $3,402 |
Contact Agent
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Listing Provided By
Coldwell Banker Residential Brokerage
