517 E Chicago Street

ELGIN, Illinois 60120
Closed / MLS #9738365 / Multiple Family / Elgin
Listing information updated 11/25/2017 at 2:13am
Well maintained eight unit building with excellent cash flow! Great opportunity to buy a vintage building located in the Elgin Historic District at an affordable price! First floor unit has two bedrooms, balance of the building has one efficiency apartment on the first floor and six sleeping rooms on the second & third floors. Full basement with plenty of storage space, updated electrical service with circuit breakers, new water heater. Large paved parking lot, huge wooded lot backing to Channing Memorial Park with tennis courts, walking paths and playground. Dependable long-term tenants and solid money maker!

Full Features

Exterior Type:
Frame
Basement:
Unfinished
Square Feet:
N/A
Acreage:
.59
Built:
1885
Parking Spaces:
8
Stories:
3
Roof:
Shingle Composition
Current Use:
Residential-Multi-Family
Potential Use:
Residential-Multi-Family
Zoning:
MULTI
Current Net Income:
$35,172
Unit 1:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 2:
3 room(s) / 0 bed(s) / 1 bath(s)
Unit 3:
1 room(s) / 0 bed(s) / 0 bath(s)

Taxes & Assessments

Tax Amount:
$7,488
Tax Year:
N/A

Location

Zip Code:
60120
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 11/25/2017 at 2:13am. 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.


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517 E Chicago Street is a multiple family which sold for $200,000. This multiple family has been listed on @properties since September 1st, 2017 and was built in 1885. The nearest transit stops include Elgin Metra Metra Milwaukee District West line.