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Key Details
Sold Price $232,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12389885
Sold Date 08/25/25
Bedrooms 3
Year Built 1943
Annual Tax Amount $6,957
Tax Year 2024
Lot Dimensions 60 X 107.17 X 60 X 107.26
Property Sub-Type Two to Four Units
Property Description
Opportunity is knocking here! This property's location, one block off main street, offers great potential for becoming a great business/office/retail space. (see photos for commercial concept) OR continue its current use as a cash flowing income producing rental with a 7.7% cap rate! Offering good current cash flow and with the potential of becoming a great business/office/retail space, how can you go wrong with either use?
Location
State IL
County Kane
Area Elburn
Rooms
Basement Unfinished, Partial
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Roof Type Asphalt
Building
Building Description Aluminum Siding, No
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
School District 302 , 302, 302
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Melissa Garcia of Legacy Properties
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