311 N Elm St.

Seller is in the process of securing new tenants/raising rents at up-to-date market prices ($2,000 for the 2 bed/2bath and $1,600 for the 1 bed/1bath). Not very often do you see a property with historical significance and grandeur such as this magnificent school house from 1895. From its iconic bell tower to the full brick exterior this one of a kind treasure sits as a prominent landmark in the Village of Itasca. The building has been wonderfully converted into four units showcasing old word charm and modern amenities. Each unit features beautifully distressed hardwood floors, breathtaking vaulted beam ceilings, sprawling living area's with large kitchens, brick fireplaces and an abundance of windows for great views and natural light. The basement has a coin operated laundry room and storage areas for each unit. The back side of the property has huge balconies overlooking Itasca Country Club ideal for spring, summer and fall enjoyment and a new roof was put on a couple years back. There is ample parking for tenants, families and friends with 8 parking spots and a detached two car garage. You also can not beat this ideal location being just a block from downtown Itasca with the Metra, restaurants, shopping, Country Club, parks and river walk. Also Itasca is currently going through a downtown redevelopment with renderings that can be found on the Village's website making this an ideal time to invest!!! This is a true trophy property that can be income producing for generations to come!!!