Sold for $197,000 on 4/05/21
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
5 |
2 |
1888 |
— |
2 |
$5,618 |
1563 days |
This historic 2-unit property is nestled in between Elgin's popular Gold Coast neighborhood and downtown Elgin. The location of this property is sure to keep your vacancy rates down. Just minutes from I90, downtown Elgin, RT25, RT31, and the Metra, transportation surrounds this property. Current rents total $1,900/mo, which should create positive cash flow for the next owner. Rents can likely be increased to meet market values. Both units are currently occupied - one of them is on a month-to-month. The property has a brand new boiler, a large fenced yard, 2 car garage, and a basement.
Listing courtesy of Stoll Real Estate
522 Douglas Ave. is a multi-unit home built in 1888, and is located in Elgin, IL. It has 5 bedrooms and 2 bathrooms, a 2-car garage, and has annual property taxes of $5,618. This home goes to McKinley Elementary School, Larsen Middle School, and Elgin High School.
Marco Amidei
(888) 32-Marco (847) 630-4886
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