Closed

$380,500

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315 Mountain Street

ELGIN, Illinois 60123

Closed / MLS #9401850 / Multiple Family / Elgin

Listing information updated 1/21/2017 at 2:29am

10 UNITS! FULLY OCCUPIED. 2 SEPARATE BRICK BUILDINGS ON ONE LARGE LOT WITH LOTS OF PARKING. 52 N CRYSTAL HAS 7 UNITS AND 315 MOUNTAIN HAS 3 UNITS. NEWER WIRING UPGRADED TO 400 AMPS AND INCLUDES SEPARATE ELECTRIC HEAT FOR EACH UNIT, NEWER HOT WATER HEATER, WINDOWS REPLACED THROUGHOUT! THIS PROPERTY WAS WC KIMBALL'S ORIGINAL MANSION IN ELGIN BUILT IN 1873. TENANTS PAY THEIR OWN ELECTRIC WHICH INCLUDES HEAT AND THEY ALSO PAY GAS FOR STOVES. BUILDING HAS OLD WORLD CHARM AND WAS BUILT LIKE A FORTRESS--ALL BRICK! ONE OF THE APARTMENTS IS A TWO BEDROOM AND THE REST ARE ONE BEDROOMS.

Full Features

Exterior Type:

Brick

Square Feet:

N/A

Acreage:

Built:

1873

Parking Spaces:

Stories:

Roof:

Shingle Composition

Current Use:

Residential-Multi-Family

Potential Use:

Residential-Multi-Family

Zoning:

MULTI

Current Net Income:

$56,310

Unit 1:

3 room(s) / 1 bed(s) / 1 bath(s)

Unit 2:

4 room(s) / 2 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:

$10,000

Tax Year:

N/A

Location

Zip Code:

60123

City:

Elgin

County:

Kane

Listing Office: RE/MAX Horizon

Listing Office Phone: 847.931.7500

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 1/21/2017 at 2:29am. 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...

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Metra

Milwaukee District West line at Elgin Metra

$338,567

Average Sale Price

Average Days On The Market

100%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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315 Mountain Street is a multiple family which sold for $380,500. This multiple family has been listed on @properties since December 5th, 2016 and was built in 1873. The nearest transit stops include Elgin Metra Metra Milwaukee District West line.