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  • $450,000

    113 Elm St, Elgin, IL 60123

    4beds
    --sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $474,200 Zestimate®
    $--/sqft
    $2,180 Estimated rent

    Home value

    $474,200

    $422,000 - $531,000

    $2,180/mo

    Zestimate® history
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    What's special

    "Income-Producing Property with Character and Convenience" This well-maintained brick 3-flat offers a fantastic opportunity for both investors and owner-occupants. Located in a great area close to schools and transportation, this property boasts several attractive features-The home/building includes charm with its classic brick exterior and well-preserved interior details. Most of the units have been thoughtfully remodeled, featuring nice floors (including some newer carpet), updated kitchens, and baths. Each unit has its own gas and electric utilities, ensuring that tenants cover their own utility costs. The property is beautifully landscaped, creating an inviting curb appeal. Spacious Layout: With one unit per floor, each apartment offers good-sized bedrooms and comfortable living spaces. The building has been meticulously maintained, making it an easy transition for new occupants. Added bonus is the 2-car garage that includes an attached storage or workroom (approximately 20 x 8) Recent Inspection: The property was inspected by the City of Elgin on 09/26/2023 and passed with flying colors, ensuring peace of mind for buyers. Add this to your portfolio today!** please note the owner is living in unit 2 and this unit can be converted to a 2 bedroom if you add a closet to the extra room** Unit 1 plans to resign their lease after 8/24**inspection from Elgin in 2023 passed**

    Zillow last checked: 8 hours ago

    Listing updated: June 14, 2024 at 04:48pm

    Listing courtesy of:

    Zach Gring 630-373-2554,

    GC Realty and Development

    Bought with:

    Natalie Kofie

    RE/MAX All Pro - St Charles

    Source: MRED as distributed by MLS GRID,MLS#: 12046297MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Forced Air
    Appliances
    • Included: Multiple Water Heaters, Gas Water Heater
    Features
    • Windows: Screens
    • Basement: Unfinished,Exterior Entry,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 7,405 sqft
    Details
    • Additional structures: Workshop
    • Parcel number: 0614476004
    • Special conditions: None
    • Other equipment: TV-Cable

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: English
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1900
    Details
    • Builder model: 2 STORY 3 FLAT

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Community
    • Community features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Elgin

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/12/2024Sold$450,000
    Source: MRED as distributed by MLS GRID #12046297
    5/10/2024Contingent$450,000
    Source: MRED as distributed by MLS GRID #12046297
    5/7/2024Listed for sale$450,000+16%
    Source: MRED as distributed by MLS GRID #12046297
    1/5/2023Sold$388,000-5.4%
    Source: MRED as distributed by MLS GRID #11650853
    11/21/2022Pending sale$410,000
    Source: MRED as distributed by MLS GRID #11650853

    Public tax history

    YearProperty taxesTax assessment
    2024$5,243 -7.4%$73,519 +10.7%
    2023$5,662 +16.2%$66,418 +18.2%
    2022$4,874 +4%$56,213 +7%

    Find assessor info on the county website

    Neighborhood: Near West Elgin

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lowrie Elementary School
    • Middle: Abbott Middle School
    • District: 46

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $474,200
    2% more+ $9,484
    With Zillow Showcase(estimated)
    $483,684