355/ 357 May Street
Elgin, IL 60120

Status: Sold
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $230,000

About this home

GREAT INVESTMENT OPPORTUNITY. TWO UNITS 355 and 357, SIDE BY SIDE each w/basement and separate utilities. This property pays for its self. I need of work but best 2 unit for the money. Multiple offers received - Seller will look at all offers at 9 pm today. Best and highest please. SOLD AS IS

Property details

Property / Lot Details
Acreage 0.08
Lot Dimensions 3,573SF
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit Duplex Side by Side
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
Parking Total 4
Exterior Building Type Cedar, Frame, Combination
Parking Features Assigned, Off Street, Driveway
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major Elgin
Zoning Type MULTI
Corporate Limits Elgin
Directions Route 25 S to May St. W. to 355-7 May St
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 10
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1100
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 5
Tenant Pays All
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1100
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 5
Tenant Pays All
Floor Number 1

Financials

Financing Conventional
Gross Rental Income $2,200
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 0624255002
Special Assessments N
Taxes $3,519
Tax Exemptions None
Tax Year 2022
$230,000 Listing Price:
MLS # 12000540
Investment Profile Residential Income
Listing Market Time 62 days
Basement Full
Type Unit Duplex Side by Side
Number of Units in Building 2
Parking Space/s
List Date 03/09/2024
Year Built
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