271 Lessenden Place
Elgin, IL 60120

Status: Sold
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $369,900
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About this home

Amazing investment opportunity with this 2 unit rental property grossing $3700/mo!! This property was completely remodeled in 2013 with all new plumbing, electric and cosmetically as well! Huge lot is fenced in with views of Fox River! Great location near Downtown Elgin and Fox River. Property is being sold as/is since the exterior needs some TLC.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1904
Parking Total 3
Exterior Building Type Brick
Parking On-Site Yes
Garage Type Detached
Parking Spaces Count 3
Parking Garage
Rehab Year 2013
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major Elgin
Corporate Limits Elgin
Directions Route 31 East to property on Lessenden
Elementary Sch Dist 46
Heat/Fuel Steam
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 6
Bedrooms Possible 6
Baths Count 3
Full Baths in Building Count 3
Total Rooms 10
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 1850
Appliances And Features Stove, Refrigerator, Washer, Dryer, Window Air Conditioner
Full Baths Total 1
Lease Expiration Date 01/25
Rooms Total 5
Security Deposit 1850
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 3
Baths Total 2
Actual Rent 1850
Appliances And Features Stove, Refrigerator, Microwave, Window Air Conditioner
Full Baths Total 2
Lease Expiration Date 10/24
Rooms Total 5
Security Deposit 1850
Tenant Pays Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 50X182
Lot Description Fenced Yard
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

Financials

Financing Conventional
Gross Rental Income $44,400
Net Oper Income $35,957
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 0624177003
Special Assessments N
Taxes $6,643
Tax Year 2022
$369,900 Listing Price:
MLS # 11972628
Investment Profile Residential Income
Listing Market Time 46 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 02/02/2024
Year Built 1904
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