440 Park St.

440 Park St., Elgin, IL 60120

Sold for $352,000 on 12/05/22


Beds Baths Built Sq.Ft. Garage Taxes On Market
5 1959 2 $7,135 550 days

HERE IS AN EXCELLENT OPPORTUNITY TO OWN THIS SOLID, FULLY OCCUPIED, 3-UNIT BRICK BUILDING LOCATED IN THE HEART OF ELGIN'S HISTORICAL DISTRICT! EASY WALK TO DOWNTOWN, TRAIN, LIBRARY, CASINO, POST OFFICE, AND RIVER. ONE UNIT HAS 3 BEDROOMS, THE OTHER TWO UNITS HAVE ONE BEDROOM EACH. PROPERTY ALSO FEATURES SEPARATE UTILITIES, CONVENIENT COIN-OP LAUNDRY IN LOWER LEVEL AND A 2 CAR GARAGE. RENTS ARE LOWER THAN AVERAGE MARKET DUE TO LONG-TERM TENANTS. THE 3 GAS METERS ARE DIVIDED AS FOLLOWS: GAS METER 1 IS PAID BY TENANT AT UNIT 1, GAS METER 2 IS SPLIT BETWEEN TENANTS IN UNITS 2 & 3, GAS METER 3 IS PAID BY OWNER. THERE ARE 4 ELECTRIC METERS, EACH TENANT PAYS FOR THEIR OWN, AND THE FOURTH ONE IS PAID BY OWNER. DON'T MISS THIS FABULOUS OPPORTUNITY!

Listing courtesy of Zamudio Realty Group


Marco Amidei
Marco Amidei
(888) 32-Marco (847) 630-4886
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