7 Lynch Street, Elgin, Illinois 60123

❮ ❯

$320,000

Sold
Status:	Closed
Sqft:	0
Cost/Sqft:	—
Beds:	1
Baths:	0
Year Built:	1963
Property Taxes:	$6,518
Days On Market:	1157
Lot Size:	0,00

Map

Street View

Description

Low maintenance 4-unit consisting of (3) studio units and (1) one bedroom unit. Additional income from garage and laundry. Long term tenants, with the longest living in this building for 8 years. Rents are below market which makes this a great investment as current cap rate is about 7%. Quiet location. Current owner is installing fence along south side of parking log and will be complete prior to closing. Easy to show.

Property Specifics

Proerty Type	Multi-unit
Stories	—
Style	—
Year Built	1963
Basement	—
Model	—
Waterfront	No
Lot Size	—

County	Kane
Subdivision	—
Association Fees / Frequency	— / —
Association Fees Includes	—
Water	—
Sewer	—
MLS #	11613769
PIN #	0614404010

Nearby Schools

	DISTRICT:	DISTANCE:
Grade School Washington Elementary School	46	—
Middle School Abbott Middle School	46	Not in DB
High School Larkin High School	46	Not in DB

Property History

DATE:	EVENT:	PRICE:	SOURCE:
14 Nov, 2022	Sold	$320,000	MRED MLS
7 Oct, 2022	Under contract	$319,900	MRED MLS
—	Last price change	$329,900	MRED MLS
25 Aug, 2022	Listed for sale	$329,900	MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 1
Bedrooms Above Ground: 1
Bedrooms Below Ground: 0

Second Bedroom Info:
Dimensions: —

Location: —
Floor Type: —

First Bedroom Info:
Dimensions: —

Location: —
Floor Type: —

Bathroom Info:
Full Bathrooms: 4

Partial Bathrooms: —
Bathroom Amenities: Separate Shower
Bathroom in Basement: 0

Additional Rooms Info:
Rooms: —

Basement: —
Basement Description: None

Other Specifics

Garage	2
Foundation	—
Driveway	—
Exterior Features	—
Lot Description	—
Lot Dimensions	66 X 127
Attic	—
Master Bathroom	—
Miscellaneous	—
Appliances	—
Equipment/Fixtures	Not in DB
Area	—
Park	—
Common Area	—
Fireplace(s) Info	—