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Listed by Christopher Davisof Inspire Realty Group LLC
$ 425,000
Est. payment /mo
Active Under Contract
330 W Highland Avenue Elgin, IL 60123
4 Beds
0.25 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12485834
Style American 4-Sq.
Bedrooms 4
Year Built 1920
Annual Tax Amount $9,045
Tax Year 2024
Lot Size 10,890 Sqft
Lot Dimensions 150 X 75
Property Sub-Type Two to Four Units
Property Description
Multiple offers received. Highest and best due Oct 10th 7pm. Investor Alert! Turnkey 3-Unit Property + 6-Car Garage - Prime Elgin Location. Show your investor clients this incredible opportunity! This fully updated 3-unit income property features two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, PLUS a massive 6-car garage for additional rental income. Recent improvements include: Brand new Roof and Siding Updated bathrooms, flooring, kitchen cabinets, Updated electrical and plumbing, and newer windows. Each unit has separate electric and gas meters, along with individual furnaces and water heaters-making management and tenant billing simple. Located just minutes from the Metra station, Grand Victoria Casino, Elgin Community College, public library, and a variety of restaurants and shops, this property offers both convenience and strong rental demand. Estimated monthly income: $4,490, which includes $750/month in garage rent. Whether you're looking to expand your portfolio or start generating immediate cash flow, this one checks all the boxes!
Location
State IL
County Kane
Community Curbs, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 6.0
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Vinyl Siding
New Construction false
Schools
School District 46, 46, 46
Others
Ownership Fee Simple
Special Listing Condition None
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