Property Attributes
- MLS#12392663
- TypeMulti-Family
- Listing Status Closed
- CountyKANE
- CityElgin
- AreaElgin
- Zip60120
- StyleMulti-Family
- Year Built1910
- Taxes$ 9467
- Price$ 650,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4238
Data Source:
Midwest Real Estate Data (MRED)
Property Description
This 5 unit building has been updated, has excellent rental income and is ready for new ownership. Four 2 bedroom, 2 bath units, and one studio, plus coin laundry and storage. Two units have been updated with forced air, the rest of the building is boiler heat. Tenants pay electric. Appliances have been updated in 4 of the units, as well as a new concrete driveway. Original charm throughout. One is vacant to show. Sold with 16 N Gifford as it currently shares a driveway. Selling as-is.
| Price History |
|---|
General Features
| Cooling | Central Air,Window Unit(s) |
|---|---|
| Year Built | 1910 |
| Additional Parcels Y/N | No |
| Tenant Pays | Electricity |
| Net Operating Income | 78540 |
| Township | Elgin |
| Cap Rate | 8.26 |
| County | Kane |
| Gross Income | 98540 |
| Property Type | Commercial Sale |
| Stories Count | 2 |
| Operating Expense | 20000 |
| ModificationTimestamp | 2025-08-26T18:15:01.795Z |
| Standard Status | Closed |
| City | Elgin |
| Status | Closed |
| Close Price | 650000 |
| Tax Annual Amount | 9467.36 |
| Zoning | MULTI |
| Tax Year | 2024 |
| Construction Materials | Brick |
| Property Type | Multi Family 5+ |
| Directions | East Side of town on Chicago. |
| Number Of Units Total | 5 |
| MLS Area | Elgin |
| Current Use | Multi-Family |
Interior Features
| BuyerOfficeEmail | rubi.realestatebroker@gmail.com |
|---|---|
| Basement | Finished |
Exterior Features
| Street Suffix | Street |
|---|---|
| Street Name | Chicago |
| Lot Dimensions | 131 X 53 |
| Building Area Total | 4238 |
| Days on Market | 37 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Crystal Lake may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.Based on information submitted to the MLS GRID as of September 16, 2026 4:46 AM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of September 16, 2026 4:46 AM UTC
Metro MLS - Milwaukee Data provided by Metro MLS. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Information is supplied by seller and other third parties and has not been verified. Real estate listings held by brokerage firms other than Crystal Lake may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 - Multiple Listing Service, Inc. - All rights reserved.
Last Updated: September 16, 2026 6:53 AM UTC
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating