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$255,000
4
beds
2
baths

167 Cherry Street
Elgin, Illinois 60120

Closed / MLS #12307747 / Multiple Unit (2-4) / Elgin
Listing information updated 5/14/2025 at 6:04am
This 2-unit property presents a fantastic investment opportunity. With the same tenants happily residing for 2 years and eager to stay, the property offers steady rental income. Recent improvements include updated plumbing in 2024, ensuring modern sewer piping. Both units feature new appliances, including refrigerators, water heaters, and stoves, and were remodeled prior to the current tenants' move-in. Tenants pay their own gas and electric, while the owner covers the water bill. Each unit also comes with a detached garage, providing added value. With these updates and reliable tenants, this property is a great long-term investment.
Exterior Type:
Other
Basement:
Finished,Full
Beds Above Grade:
4
Heating System:
Natural Gas
Pool:
No
Age:
100+ Years
Parking Type:
Garage - On Site,Garage Owned,Detached,Garage
Parking Spaces:
2
Garage:
Detached
Room Count:
10
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Tax Amount:
$4,881
Tax Year:
2023
Zip Code:
60120
City:
Elgin
County:
Kane
School District(s):
46
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Luna Real Estate Inc.

Listing Office Phone: 224.659.4676

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/14/2025 at 6:04am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Elgin, IL

The City of Elgin has been on a roll since it was founded in 1836. Attracting city dwellers and suburbanites, the bustling city is home to over 100,000 people and is one of the largest and fastest-growing cities in the state. A picturesque 1920s millworks building houses the State Street Market with...

Metra

Metra
Milwaukee District West line at Elgin Metra
$370,148
Average Sale Price
46
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 167 Cherry Street, Elgin, IL 60120

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167 Cherry Street, Elgin, IL 60120 is a multiple unit (2-4) which sold for $255,000. 167 Cherry Street features 4 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since March 12th, 2025 and was built in 1865. The nearest transit stops include Elgin Metra Metra Milwaukee District West line.

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