571 Walnut Avenue
Elgin, IL 60123

Status: Sold
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $270,000
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About this home

Solid Well Maintained 2 Unit Property, buy as an investment or great opportunity to live in one unit and rent the other out! Could also work as an in law arrangement as rear unit is all on one level except for laundry. Front unit has Living Room, Dining Room, Kitchen on the first floor and Two Bedrooms and a bath upstairs. Rear Unit has Living Room, Kitchen, Bathroom and Two Bedrooms all on one level. Units have separate Water Heaters, Furnaces, Gas and Electric, one furnace and one water heater are newer. Each unit has its own storage area and Washer/Dryer in the basement. Tenants share the two car garage. Front unit has been owner occupied since 2004 and is currently vacant, rear unit is leased through 9/1 to long term tenants.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1900
Parking Total 2
Exterior Building Type Vinyl Siding, Stucco
Foundation Concrete Perimeter
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major Elgin
Corporate Limits Elgin
Directions Rt 31 to Walnut West to home
Equipment CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Elementary School Lowrie Elementary School
Elementary Sch Dist 46
Heat/Fuel Natural Gas, Steam
High Sch Larkin High School
High Sch Dist 46
Sewer Public Sewer
Water Public
Jr High/Middle School Abbott Middle School
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 9
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1300
Appliances And Features Refrigerator, Washer, Dryer, Dishwasher, Microwave, Window Air Conditioner
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 5
Security Deposit 1300
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1000
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Window Air Conditioner
Full Baths Total 1
Lease Expiration Date 08/24
Rooms Total 4
Security Deposit 1000
Tenant Pays Electric, Gas, Heat
Floor Number 1
Property / Lot Details
Lot Dimensions 50 X 132
Lot Size Source County Records
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat, 2 Story Unit/s
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 0623205002
Special Assessments N
Taxes $4,045
Tax Exemptions Homeowner
Tax Year 2022
$270,000 Listing Price:
MLS # 12004296
Investment Profile Residential Income
Listing Market Time 42 days
Basement Full
Type Unit 2 Flat, 2 Story Unit/s
Number of Units in Building 2
Parking Garage
List Date 03/15/2024
Year Built 1900
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