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TIM SOTIS GROUP

(630) 893-9900

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66 Stratford Drive
Bloomingdale, IL 60108

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$567,500

105 Elm Street, Elgin, IL 60123

  • Bedrooms

    6

  • Bathrooms

    4

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Property Description

WELL MAINTAINED AND SOLID BRICK 4-UNIT BUILDING WITH GREAT INCOME POTENTIAL. ROOF NEW (TEAR OFF) IN 2021. NEWLY INSTALLED VINYL TONGUE AND GROOVE PLANK LAMINATE FLOOR IN THREE OF THE UNITS (2020). ATTIC PROFESSIONALLY INSULATED AND RAISED TO AN R-45 RATING (2019). EXISTING BOILER HAS TWO NEW ZONE VALVES - NEW PRESSURE RELIEF AND WATER VALUE (2021). WATER HEATER NEW IN 2022. COIN LAUNDRY IN UTILITY ROOM BRINGS AN ADDITIONAL $1500 IN ANNUAL INCOME. UNIT #4 TOTALLY REMODELED WITH NEW CABINETS - APPLIANCES - LAMINATE FLOORING THRU-OUT - NEW BATHROOM FIXTURES - TUB MIXING VALVE AND SHOWER SURROUND. BRAND NEW PARKING LOT BLOCK RETAINING SUPPORT WALL ON ENTIRE SOUTH AND WEST SIDE OF PROPERTY (2023). LOCATED NEAR DOWNTOWN ELGIN, FESTIVAL PARK, GRAND VICTORIA RIVERBOAT CASINO, I-90, RT. 31, SCHOOLS, RESTAURANTS AND SO MUCH MORE! PLEASE MAKE SURE TO SHOW YOUR BUYERS THE "PROJECTED INCOME" THAT THIS BUILDING WILL BRING, IN RELATION TO THE CURRENT INCOME THAT IS VERY LOW. 24 HOUR NOTICE REQUIRED DUE TO TENANTS.

Overview

Property Status
Sold
Lot Size
8,712 Sq.Ft.
MLS ID
11991261
Property Type
Multi-Family
Year Built
1959

Features & Amenities

Neighborhood
Elgin
Water Source
Public
Roof
Asphalt
Lot Features
Corner Lot, Partial Fencing, Sidewalks, Streetlights
Parking
Unassigned, Off Street, Parking Lot
Heat Type
Natural Gas, Baseboard, Radiant
Sewer
Public Sewer, Sewer-Storm
Substructure
Concrete Perimeter
Other Exterior Features
Storms/Screens
Elementary School
Washington Elementary School
Middle School
Abbott Middle School
High School
Larkin High School
School District
46
Sales Price
$567,500
Real Estate Tax
$7,979/yr
Zoning
MULTI

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105 Elm Street

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    Tim Sotis Group

    (630) 893-9900

     

    66 Stratford Drive
    Bloomingdale, IL 60108

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    Get in Touch

    Tim Sotis Group

    (630) 893-9900

     

    66 Stratford Drive
    Bloomingdale, IL 60108