531-33 Congdon Avenue
Elgin, IL 60120

Status: Sold
Multi Family
3 beds
0 baths
0 sq.ft
Listing Price: $415,000
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About this home

Great investment opportunity! The spaciousness of the eat-in kitchen, recent upgrades like the roof (10 yrs. old), furnaces and A/C units (5-6 yrs. old), along with the added benefit of separate basements and fenced yards, make this duplex quite appealing. Plus, having a 2-car garage for each unit adds significant value. The potential for rental income from one unit while living in the other is a great option for homeowners looking to offset their mortgage or investors seeking cash flow. And for those interested in expanding their investment portfolio, this property offers a solid foundation. Sold as-is.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 51-60 Years
3 Bedroom Unit in Building Yes
Approx Year Built 1968
Parking Total 4
Exterior Building Type Vinyl Siding, Brick
Foundation Concrete Perimeter
Garage Details Transmitter(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 4
Parking Garage
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major Elgin
Zoning Type MULTI
Corporate Limits Elgin
Directions Dundee Ave. to Congdon Ave. to Home
Equipment CO Detectors, Ceiling Fan(s), Sump Pump
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 3
Bedrooms Possible 3
Baths Count 2
Full Baths in Building Count 2
Total Rooms 5
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 1100
Appliances And Features Stove, Refrigerator, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 5
Tenant Pays Electric, Gas, Water
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 1000
Appliances And Features Stove, Refrigerator, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 5
Tenant Pays Electric, Gas, Water
Floor Number 1
Property / Lot Details
Lot Dimensions 7500
Lot Description Corner Lot, Fenced Yard
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House Ranch
Type Unit Duplex Side by Side
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Cash
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 0612212001
Special Assessments N
Taxes $6,636
Tax Exemptions None
Tax Year 2022
$415,000 Listing Price:
MLS # 12038498
Investment Profile Residential Income
Listing Market Time 30 days
Basement Full
Type Unit Duplex Side by Side
Number of Units in Building 2
Parking Garage
List Date 04/24/2024
Year Built 1968
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