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Sold

105 Elm Street

105 Elm Street, Elgin, IL 60123

$567,500
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.

6
beds

4
baths

8,712 Sq.Ft. lot

TIMOTHY SOTIS

TIMOTHY SOTIS

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms4

Area & Lot

  • Status Sold
  • Lot Area8,712 Sq.Ft.
  • MLS® ID11991261
  • TypeMulti-Family
  • YEAR BUILT1959
  • Elementary SchoolWashington Elementary School
  • Middle SchoolAbbott Middle School
  • High SchoolLarkin High School
  • School District46

Exterior

  • water SourcePublic
  • roofAsphalt
  • lot featuresCorner Lot, Partial Fencing, Sidewalks, Streetlights
  • parkingUnassigned, Off Street, Parking Lot
  • HEAT TYPENatural Gas, Baseboard, Radiant
  • sewerPublic Sewer, Sewer-Storm
  • SubstructureConcrete Perimeter
  • other exterior FeaturesStorms/Screens

Financial

  • Sales Price$567,500
  • Real Estate Tax $7,979/yr
  • Zoning MULTI

Work With Us

We’ve helped buyers, sellers, and investors navigate the residential and commercial realty markets in Chicagoland for over 35 years.

Contact Us

Contact Details

Tim Sotis Group

Phone

(630) 893-9900

Email

[email protected]

Address

66 Stratford Drive Bloomingdale, IL 60108

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