Amazing Investment Opportunity! Legal Non-Conforming two-unit home in highly sought after location. Separate Electric Meters. One unit is ranch unit with basement - has main floor main bedroom and bathroom w/ kitchen and dining area, along with 3 lower level rooms used for bedrooms and another living area. 2nd full bathroom on lower level as well. Upstairs apartment is over the garage and is a 1 bedroom/1 bathroom apartment with kitchen and combination living room/eating area. Extra large fenced in backyard, 2 car garage, and large shared laundry room make this place even more desirable for interested tenants. Come check this one out today and start earning income! Or live in one half and rent out the other side to help cover the bills! An in-law or joint family arrangement is yet another possible use for this home! Don't miss out on this amazing rare opportunity! Bring your updates and ideas to make this place work for you!!!
Closed
$285,000
503 Summit St, Algonquin, IL 60102
4beds
--sqft
Multi Family
Built in 1960
-- sqft lot
$370,700 Zestimate®
$--/sqft
$2,064 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 24, 2022 at 08:40am
Listing courtesy of:
Kate Schumacher 847-624-3153,
Baird & Warner Real Estate - Algonquin,
Kelly Hagele 847-875-9858,
Baird & Warner Real Estate - Algonquin
Bought with:
Deborah Toscano
Century 21 Circle
Source: MRED as distributed by MLS GRID,MLS#: 11429930

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Steam, Baseboard
Features
- Basement: Full
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Patio & porch: Deck, Porch
- Fencing: Fenced
Lot
- Size: 0.29 Acres
- Dimensions: 95X132X95X132
Details
- Additional structures: None
- Parcel number: 1934333002
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Community
- Community features: Sidewalks, Street Paved
Location
- Region: Algonquin
- Subdivision: Janak
Other
Other facts
- Listing terms: VA
- Ownership: Fee Simple
Services availability

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$370,700
2% more+ $7,414
With Zillow Showcase(estimated)
$378,114