$270,000
$280,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
1651 Mark AVE Elgin, IL 60123
6 Beds
4 Baths
Key Details
Sold Price $270,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10634943
Sold Date 04/13/20
Bedrooms 6
Year Built 1964
Annual Tax Amount $7,582
Tax Year 2018
Lot Dimensions 10613
Property Description
Rare opportunity to own an income property in Elgin. It is an up and down duplex with separate entrances that was rehabbed in 2013. Both units have 2 full baths and 3 bedrooms. As it is set up now, the downstairs unit has full access to the partially finished basement and the 2 car garage. There is laundry in the basement, but the machines belong to the tenants. The ability to put a washer and dryer upstairs is possible but a new drain will have to be run. There is a large fenced yard that is divided. The downstairs unit was redone in 2013 and has since had a new stove and microwave. Upstairs unit was completely redone in 2020 including kitchen with all new cabinets, counters and stainless steel appliances. Both units have a dishwasher. Upstairs freshly cleaned and painted 2020. Tenants in downstairs unit have lived there for 5 years and now are renting both units for a discounted month to month rate. Potential for higher rents, but current tenants are wonderful!
Location
State IL
County Kane
Area Elgin
Rooms
Basement Full
Interior
Heating Baseboard
Equipment CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Fireplace N
Exterior
Parking Features Attached
Garage Spaces 2.0
Building
Lot Description Fenced Yard
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 46 , 46, 46
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Adalberto Sanchez-Arias • A&O Dream Key Real Estate