Courtesy: eXp Realty, LLC - Chicago North Ave
888-574-9405
Extremely Rare & Highly Sought After Opportunity to Own a 3 Unit, Multi-Family Cash Cow in Kane County! Tenant Just Moved Out in the Back Unit, So Now's Your Chance to Rent Hack This Building, Have Existing Tenants Pay Your Mortgage & Live for Free! Elgin Was Recently Named the #1 Safest & Most Affordable City in the Entire United States! Comprised of 1 Bed 1 Bath Apartments. Units Were Recently Remodeled! Tons of Updates Include Roof, Siding & Exterior Paint (All 2019) & Common Area Hallway Repainted (2024). Unit #1 (Main Floor): New Sink Installed (2024) Kitchen Cabinets, Oven & Refrigerator (All 2022), Newer Windows (2016) Unit #2 (Upstairs): Updates Include Kitchen Cabinets, Backsplash, Bathroom Vanity, Oven & Refrigerator (All 2023), Shower Tile (2015). Unit #3 (Back): Unit Was Mostly Remodeled in 2025. Sink (2021), Shower Liner (2020). All Separate Utilities! Tenants Pay All Utilities Except For Water! Basement Access Through Cellar Door. In the Bone Dry Basement You'll Find Owner's Area Storage w 3 Water Heaters (One Replaced in 2024 & Two in 2016)! All Appliances Stay. Tenant Owned Window Units. Exterior Parking for 3 Vehicles! Steps to Downtown, River Front, and Parks. At Full Occupancy, Gross Monthly Rent Was $2940. 1659 Sq Ft. Eligible for $6,000 Forgiveable Down Payment Assistance or Up to $10,000 in Down Payment Assistance!
Courtesy: Berkshire Hathaway HomeServices Starck Real Estate
815-338-7111
YOU ARE IN LUCK!!!! The original buyer got cold feet!! This is a wonderful opportunity to transform this 1880's two-flat home in Elgin's Historic District. It's a great chance to invest in a property with solid potential. Restore this once-loved home to its original beauty; it features great bones but is being sold "as is," - the sellers will not make any repairs. The buyer will need to sign the Historical Disclosure in addition to the other disclosures. Seller is in the process of cleaning items out of the house.
Courtesy: Luna Real Estate Inc.
224-659-4676
This 2-unit property presents a fantastic investment opportunity. With the same tenants happily residing for 2 years and eager to stay, the property offers steady rental income. Recent improvements include updated plumbing in 2024, ensuring modern sewer piping. Both units feature new appliances, including refrigerators, water heaters, and stoves, and were remodeled prior to the current tenants' move-in. Tenants pay their own gas and electric, while the owner covers the water bill. Each unit also comes with a detached garage, providing added value. With these updates and reliable tenants, this property is a great long-term investment.
Courtesy: Baird & Warner
630-377-1855
This is an amazing opportunity to live in one, rent the other or both! Imagine the possibilities with this unique property. With two separate units, the potential for rental income is unbeatable. Each unit has 2 private entrances, 2 bedrooms and bathroom in each floor. The basement is a good size ready for your finishing touches. Possibility for additional income. Big 2 car garage - perfect for extra storage space. Whether you're looking for a new place to call home or a smart investment opportunity, this property has it all. The best part? The rents are currently lower than market value, so there's potential for increased income. Roof on the home is from 2019, water heater & boiler from 2021. This is definitely a gem worth considering for anyone looking to build their real estate portfolio. Take advantage, schedule your visit today!
Courtesy: Core Realty & Investments Inc.
224-235-4336
Solid frame 2 units in Elgins Historic District. 2 units featuring 2 bedroom and 2 baths. Full unfinished basement. 2 car garage. Extra wide lot featuring 2 drive ways. Close to the main roads. A definite money maker live in 1 and rent the other. Upgraded electrical. Property governed by the Historic rules buyers agent to do due diligence.
Courtesy: Chicago Area Realty Inc
773-545-5300
Great investment opportunity in Elgin! 2 buildings on oversized lot with long driveway and 3 car garage. Front building is a 2flat with full basement. Coach house has 1unit with full basement. Close to public transportation, Interstate 90, bike trails, parks, restaurants, shopping, downtown Elgin with Gail Borden Public Library, Recreation Center with indoor pool & gym, and Hemmens Performing Arts Theater! Sold AS IS.
Courtesy: Berkshire Hathaway HomeServices Starck Real Estate
847-931-4663
VERY UNIQUE currently a 2 unit on 2.3 acres with over 300 ft. of frontage to Lords park . legal nonconforming zoned PAB (planned area business) So it can remain residential or if you have a business you can use it for that, and for the developers out there it would be perfect for a senior building, facing the park the city really likes that idea. Lots of possibilities . Truly, one of a kind.
Elgin is located in Illinois. Elgin, Illinois has a population of 114,156. Elgin is less family-centric than the surrounding county with 35.83% of the households containing married families with children. The county average for households married with children is 36.28%.
The median household income in Elgin, Illinois is $79,757. The median household income for the surrounding county is $88,935 compared to the national median of $69,021. The median age of people living in Elgin is 35 years.
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 37.9 inches per year, with 32.6 inches of snow per year.
