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$ 420,000
Est. payment /mo
New
306-08 S Belmont AVE Elgin, IL 60123
4 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12483243
Bedrooms 4
Year Built 1990
Annual Tax Amount $9,116
Tax Year 2024
Lot Dimensions 8642
Property Sub-Type Two to Four Units
Property Description
Welcome to this duplex property located on Elgin's west side, perfect for those seeking an income property or the option to live in one unit and rent out the other. This property offers convenient access to Elgin Community College, the Randall Road corridor for shopping and dining and an easy commute to Route 20 and I-90. Each unit features a formal living room, a spacious kitchen with ample cabinets and counter space and a large dining area that could also serve as a sitting area. Both units include sliding glass doors leading to the backyard and a full bathroom on the first floor. On the second level, each unit offers two bedrooms. One is an oversized primary suite with generous closet space, and the second bedroom also provides ample closet space. A full bathroom is located in the upstairs hallway of each unit. Unit one has been recently updated and includes an unfinished basement. Unit two was updated within the last 15 years, with unit one recently redone! Both basements are highly usable and can be finished to your preference. While the property does not currently have a garage, there is space available to add one. The home requires some exterior work, but the interiors are move-in ready and can provide immediate rental income. The property was previously occupied by the owner on one side and a tenant on the other. These properties do not hit the market often, so please take a look! DO NOT GO OUT ON SECOND FLOOR BALCONY!
Location
State IL
County Kane
Area Elgin
Zoning MULTI
Rooms
Basement Finished, Unfinished, Full
Interior
Heating Natural Gas
Equipment TV-Dish, Sump Pump, Multiple Water Heaters
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Cedar, No
Sewer Public Sewer
Water Public
Structure Type Cedar
New Construction false
Schools
School District 46 , 46, 46
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Michelle Collingbourne of RE/MAX All Pro - St Charles