314 Ann Street
Elgin, IL 60120

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $320,000

About this home

Great 3 unit investment property with unique opportunity for 1st floor main building owner occupancy, 2 bedroom unit upstairs (Section 8) and 3 bedrooms in detached carriage home in the back of the property above the 4 car tandem garage. Needs some updating and is priced accordingly. Owner WILL NOT do any repairs. Sold AS-IS

Property details

Property / Lot Details
Acreage 0.25
Lot Dimensions 53X132
Lot Size Source Owner
Lot Size Less Than .25 Acre
Other Structures Garage(s)
Ownership Fee Simple
Type Unit 2 Story Unit/s, Coach House
Number Of Units in Building 3
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 81-90 Years
3 Bedroom Unit in Building No
Approx Year Built 1935
Parking Total 8
Exterior Building Type Masonite
Exterior Property Features Storms/Screens, Other
Garage Details Tandem
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 4
Parking Features Unassigned, Off Street, Carriage House w/Apt
Garage On-Site Yes
Parking Garage,Space/s
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major Elgin
Corporate Limits Elgin
Directions 90 to Dundee S to W on Ann St
Elementary Sch Dist 46
Heat/Fuel Forced Air, Steam
High Sch Dist 46
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 46
Township Elgin
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 3
Full Baths in Building Count 3
Total Rooms 12
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date NONE
Rooms Total 5
Security Deposit NONE
Tenant Pays Electric, Gas, Heat, Scavenger, Sewer, Water
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 911
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 02/25
Rooms Total 4
Security Deposit 885
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 3
Baths Total 1
Actual Rent 750
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 5
Security Deposit NONE
Tenant Pays Electric, Gas, Heat
Floor Number 2

Financials

Financing Cash
Investment Profile Residential Income
Water Expense $115

Tax/Assessments/Liens

PIN 0613102026
Special Assessments N
Taxes $4,763
Tax Exemptions Homeowner, Senior
Tax Year 2023
$320,000 Listing Price:
MLS # 12148214
Investment Profile Residential Income
Listing Market Time 64 days
Basement Full
Type Unit 2 Story Unit/s, Coach House
Number of Units in Building 3
Parking Garage,Space/s
List Date 08/26/2024
Year Built 1935
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