226 Mountain St., Elgin, IL 60123

226 Mountain St., Elgin, IL 60123
Photo 1 of 4
$259,900
Beds Baths Sq. Ft. Taxes Built
4 0.00 0 $4,317 1900
On the market: 11 days

Est. Monthly Payment:

$1,916($1,556 + $360 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
Incredible investment opportunity in the heart of Elgin! This solid 2-flat offers spacious units, each with 2 bedrooms and 1 bath, and separate gas and electric utilities, ideal for both owner-occupants and savvy investors looking to generate steady rental income. Major improvements were completed in 2014, including high-efficiency furnaces, a hot water heater, a tear-off roof, and several thermal windows, offering long-term peace of mind and energy efficiency. Each unit features a well-designed layout and includes a stove and refrigerator, making it easy to get up and running quickly. The full basement offers abundant storage space and potential for future value-add opportunities. Sitting on a generous 66x91 lot, the property includes a partially fenced yard and convenient front, side, and rear parking-easily accommodating up to 4 vehicles. Located just minutes from downtown Elgin, the Metra station, shopping, and dining, this property is well-positioned for strong tenant demand. Zoned for multi-family use with low property taxes, this is a fantastic opportunity to expand your rental portfolio or launch your next rehab project. Property is being sold AS-IS.
Listing courtesy of Esther Zamudio, Zamudio Realty Group