131 N Gifford Street
Elgin, IL 60120

Status: Sold
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $225,000
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About this home

Fantastic 2-unit! Beautiful custom lighting & carpentry on main level with gorgeous fireplace & surround!! Fully rented! Each level has tenants on a month to month that would love to stay. Upper pays $1200 Lower pays $1300. Tenants pay all bills except water (averages $75/month). Seller set-up current tenants as month to month so the Buyer can have flexibility. Tenants are fantastic and want to sign long-term leases. First floor unit has gas/forced air heat (new Furnace) and has access to washer/dryer in basement. Upper unit has electric baseboard heat. Tenants pay all utilities except water. Highest and Best Offers are due @ 5:00pm on Friday, May 17. Email to Tim Lydon.

Property details

Property / Lot Details
Acreage 0.14
Lot Dimensions 56X115
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age Unknown
3 Bedroom Unit in Building No
Exterior Building Type Vinyl Siding
Parking None
Rehab Year 2022
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major Elgin
Zoning Type MULTI
Corporate Limits Elgin
Directions CHICAGO TO GIFFORD, NORTH TO HOME
Elementary Sch Dist 46
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 46
Sewer Public Sewer
Water Public
Jr High/Middle Dist 46
Township Elgin
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 4
Bedrooms Possible 4
Baths Count 2
Full Baths in Building Count 2
Total Rooms 8
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features None
Full Baths Total 1
Lease Expiration Date N
Rooms Total 4
Security Deposit N
Tenant Pays None
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Appliances And Features None
Full Baths Total 1
Lease Expiration Date N
Rooms Total 4
Security Deposit N
Tenant Pays None
Floor Number 2

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 0613180005
Special Assessments N
Taxes $4,125
Tax Year 2022
$225,000 Listing Price:
MLS # 12053756
Investment Profile Residential Income
Listing Market Time 41 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking None
List Date 05/11/2024
Year Built
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