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$1,175,000
Favorite
10,500
square ft

224 Jefferson Avenue

Elgin, Illinois 60120
Closed / MLS #11163933 / Multiple Family / Elgin
Listing information updated 1/4/2022 at 10:23am
7.22 CAP ! Completely stabilized and fully rented! Brand New boiler and heat exchangers! Security camera for entire building! All units are 1 BR, 1 BATH in this solid brick building! So much has been done here recently! Newer carpeting and fresh paint in common areas! Coin-operated laundry machines Newly repaved and striped driveway! Rebuilt front and back entrance stairs! Newer gutters on the building and garage! Six units are completely remodeled and 2 are partially remodeled! The building is located near downtown Elgin! AGENT INTEREST

Full Features

Water Front:
No
Square Feet:
10,500
Acreage:
0.25
Built:
1920
Parking Spaces:
13
Cooling System:
None
Stories:
2
Current Use:
Multi-Family
Potential Use:
Multi-Family
Zoning:
MULTI
Building Square Feet:
10,500
Current Net Income:
$118,112
Unit 1:
3 room(s) / 1 bed(s) / 1 bath(s)
Unit 2:
3 room(s) / 1 bed(s) / 1 bath(s)
Unit 3:
3 room(s) / 1 bed(s) / 1 bath(s)
Unit 4:
3 room(s) / 1 bed(s) / 1 bath(s)
Unit 5:
3 room(s) / 1 bed(s) / 1 bath(s)
Unit 7:
3 room(s) / 1 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:
$18,064
Tax Year:
2020

Location

Zip Code:
60120
City:
Elgin
County:
Kane

Listing Office: Concentric Realty, Inc

Listing Office Phone: 630.216.9689

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 1/4/2022 at 10:23am. 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
$338,567
Average Sale Price
42
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.
Map of 224 Jefferson Avenue, Elgin, IL 60120

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224 Jefferson Avenue is a multiple family which sold for $1,175,000. This multiple family has been listed on @properties since July 21st, 2021 and was built in 1920. The nearest transit stops include Elgin Metra Metra Milwaukee District West line.

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