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624 South Street, Elgin, IL 60123

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For Sale

$429,000

4 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

This is the investment opportunity you've been waiting for! Seller just completed a total tear-off roof replacement last week and has priced it to sell! Whether you're an investor, owner-occupant, or contractor, this property offers unmatched flexibility and value: 2 Spacious Units; Live in one and rent the other, or rent both and the garages for serious income. Fully Functional Garage Building - Situated at the rear of the lot with electric, gas, and water lines (gas & water currently capped off). Features 3 overhead doors (with room to add a 4th), a main-floor office/storage room, and an unfinished but floored upper level-perfect for a workshop or storage. Updated Mechanical Systems - Both units have 1.5-year-old GFA furnaces and central AC. Energy Efficient - Triple insulation in all exterior walls and nearly all newer thermo type windows; Shared Basement Access - Central staircase leads to a clean, shared basement with hookups for two sets of washers and dryers. Owner pays water/sewer; tenants pay gas and electric. Zoned and set up for success, this property offers endless income potential with minimal overhead. Whether you're looking to expand your portfolio, or create the perfect live/work setup, this is the one! MAI appraisal on file!!!
MLS# 12406763

Courtesy Of Inspire Realty Group

(847) 489-3476

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Queen Anne
  • Heating System
    Forced Air
  • Lot Size
    0.42 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 624 South Street, Elgin, IL 60123

Home seller CENTURY 21 Circle

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Circle

(630) 543-5640
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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