Great investment opportunity! The spaciousness of the eat-in kitchen, recent upgrades like the roof (10 yrs. old), furnaces and A/C units (5-6 yrs. old), along with the added benefit of separate basements and fenced yards, make this duplex quite appealing. Plus, having a 2-car garage for each unit adds significant value. The potential for rental income from one unit while living in the other is a great option for homeowners looking to offset their mortgage or investors seeking cash flow. And for those interested in expanding their investment portfolio, this property offers a solid foundation. Sold as-is.
Closed
$400,000
531-33 Congdon Ave, Elgin, IL 60120
6beds
--sqft
Multi Family
Built in 1968
-- sqft lot
$429,400 Zestimate®
$--/sqft
$1,906 Estimated rent
Home value
$429,400
$386,000 - $477,000
$1,906/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 28, 2024 at 01:27pm
Listing courtesy of:
Mireya Delgado 847-426-6600,
Universal Real Estate LLC
Bought with:
Valerie Warden, PSA,RENE,SFR,SRES,SRS
Baird & Warner Fox Valley - Geneva
Source: MRED as distributed by MLS GRID,MLS#: 12038498
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 4
- Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Fencing: Fenced
Lot
- Size: 7,500 sqft
- Features: Corner Lot
Details
- Parcel number: 0612212001
- Zoning: MULTI
- Special conditions: None
- Other equipment: Ceiling Fan(s), Sump Pump
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Elgin
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/24/2024 | Sold | $400,000-3.6% |
Source:  MRED as distributed by MLS GRID #12038498 | ||
| 4/29/2024 | Contingent | $415,000 |
Source: MRED as distributed by MLS GRID #12038498 | ||
| 4/26/2024 | Listed for sale | $415,000+207.4% |
Source: MRED as distributed by MLS GRID #12038498 | ||
| 5/1/1994 | Sold | $135,000 |
Source: Agent Provided | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,435 +3.9% | $92,908 +10.7% |
| 2023 | $7,155 +7.8% | $83,936 +9.7% |
| 2022 | $6,636 +4% | $76,535 +7% |
Find assessor info on the county website
Neighborhood: Northeastern Elgin
Nearby schools
GreatSchools rating
- 2/10Coleman Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 2/10Larsen Middle SchoolGrades: 7-8Distance: 0.6 mi
- 2/10Elgin High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- 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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$429,400
2% more+ $8,588
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$437,988