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Active Under Contract

438 Villa Street

438 Villa Street, Elgin, IL 60120

$379,900
Exceptional three-unit investment property, overflowing with charm and revitalized with modern enhancements. This property stands out for its versatility and functionality. Featuring a three-car garage, full basement, and attic with abundant storage capacity. BRAND NEW roof on the building and garage (2024). Water heater replaced in 2024. The main unit boasts 10-ft. ceilings, an extremely spacious living area, four bedrooms, two full bathrooms and a wood burning fireplace. Recent upgrades to unit #1 include fresh paint - new stove and refrigerator - new fans in the living and dining rooms. Apartments two and three underwent complete renovations in the past few years! Unit number two includes fresh paint - Laminate floors - Full bathroom upgrade - New blinds - Brand new kitchen cabinets (2022). In addition to previous upgrades, the owner also put up new drywall in the entire unit number three as well as new electric wall heaters. With high income potential, this property is a must see for investors or owner-occupiers seeking to maximize returns, while enjoying the benefits of multi-unit ownership. Close to downtown Elgin, Festival Park, Grand Victoria Casino, I-90, Rt. 20, schools, restaurants and so much more! Please make sure to show buyers the projected income that this building will bring in, in relation to the current income that is very low. SHOWINGS TO TAKE PLACE JUNE 8TH 12-3pm AND JUNE 9th 12-2:30pm

6
beds

4
baths

8,712 Sq.Ft. lot

TIMOTHY SOTIS

TIMOTHY SOTIS

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms4

Area & Lot

  • Status Active Under Contract
  • Lot Area8,712 Sq.Ft.
  • MLS® ID12062866
  • TypeResidential
  • YEAR BUILT1900
  • Elementary SchoolChanning Memorial Elementary Sch
  • Middle SchoolEllis Middle School
  • High SchoolElgin High School
  • School District46

Exterior

  • Garage Space3.0
  • water SourcePublic
  • roofAsphalt
  • lot featuresSidewalks, Streetlights
  • parkingUnassigned, Driveway, More Than 1 Spc/Unit
  • HEAT TYPEElectric, Forced Air, Floor Furnace
  • sewerPublic Sewer, Sewer-Storm
  • SubstructureConcrete Perimeter
  • other exterior FeaturesPorch, Storms/Screens

Financial

  • Sales Price$379,900
  • Real Estate Tax $6,600/yr
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 438 Villa Street, Elgin, IL 60120. We are reviewing your request and will be in touch shortly!

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