12 State Street

    Elgin, IL 60123
    • $265,000
    • STATUS: Active
    • ON SITE: 113 days
    • MLS #: 10436689
    $265,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,500
      SQFT
    • $76
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    Great armchair investment! Fully renovated building! 1 commercial store front leased to Boost Mobile and 1 residential unit with full renovation and sprinkler system (per code) in place. Great location, great income with these great tenants! Prime downtown Elgin location. 2+ years remaining on both leases. True armchair investment! Nothing to do but just collect the rents. Current owner has updated the building completely.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2019-10-22T23:51:48.74 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.chicagosuburbanrealestate.com/homes/96468540

    12 State Street Elgin, IL 60123

    • Price: $265,000
    • Status: Active
    • MLS #: 10436689
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,500
    SQFT
    $76
    $/SQFT
    1950
    Built
    Neighborhood:
    Elgin
    County:
    Kane
    Area:
    Elgin
    Property Description
    Great armchair investment! Fully renovated building! 1 commercial store front leased to Boost Mobile and 1 residential unit with full renovation and sprinkler system (per code) in place. Great location, great income with these great tenants! Prime downtown Elgin location. 2+ years remaining on both leases. True armchair investment! Nothing to do but just collect the rents. Current owner has updated the building completely.
    Exterior Features

    Lot Dimensions 25X125 Lot Sq Ft 3125 Number Of Parking Spaces 0

    Interior Features

    Air Conditioning Central Air Fire Protection Sprinklers-Wet Number Of Apts 1 Number Of Offices 0 Number Of Stores 1 Number Of Stories 2

    Property Features

    Age 36-50 Years Built Before1978 YN Yes Electrical Service Circuit Breakers Electricity Expense 0 Fuel Expense 0 Geographic Locale Chicago Northwest Gross Rental Income Amount 31200 Heat Ventilation Forced Air Insurance Expense 0 Net Oper Income Amount 27445 Other Expenses 0 Rental Price 13.2 Tax Year 2017 Taxes 3755.30 Tenant Pays Common Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRepairs And Maintenance Total Annual Exp 3755 Total Annual Income 31200 Total Monthly Income 2600 Township Elgin Water Expense 0 Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of 7 Hill Real Estate, INC..


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2019-10-22T23:51:48.74 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    The Dena Furlow Team - Keller Williams Realty
    608 S. Washington St., Suite 100
    Naperville IL, 60540