576 Walnut Avenue
Elgin, IL 60123

Status: Sold
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $379,900

About this home

3 Units located on the near West side on the corner of Walnut Ave and Jewett St. offer one Three (3) bedroom unit, one Two (2) bedroom unit, and one Studio apartment above the Two (2) car garage. There is an additional 1-car detached garage ideal for additional rental income. Separate gas and elec. meters so tenants pay their elec. and gas. The owner pays for water/sewer. Please allow plenty of notice to show!

Property details

Interior Features
Additional Rooms Sun Room
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 1000
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date M-M
Rooms Total 5
Security Deposit 1000
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 900
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date M-M
Rooms Total 5
Security Deposit 900
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 1
Baths Total 1
Actual Rent 500
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date M-M
Rooms Total 1
Security Deposit 450
Tenant Pays Electric, Gas, Heat
Floor Number 2
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1900
Parking Total 9
Exterior Building Type Frame
Exterior Property Features Breezeway
Garage Details Multiple Garages
Parking On-Site Yes
Garage Ownership Owned
Garage Type Attached, Detached
Parking Spaces Count 3
Parking Features Unassigned, Off Street, Driveway
Garage On-Site Yes
Parking Ownership Owned
Parking Garage,Space/s
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park, Curbs, Sidewalks, Street Lights, Street Paved
Area Major Elgin
Zoning Type MULTI
Corporate Limits Elgin
Directions Walnut Ave West of Rt. 31 to Jewett.
Elementary School Washington Elementary School
Elementary Sch Dist 46
Heat/Fuel Natural Gas, Forced Air
High Sch Larkin High School
High Sch Dist 46
Sewer Public Sewer, Sewer-Storm
Water Public
Jr High/Middle School Abbott Middle School
Jr High/Middle Dist 46
Other Public Sch Dist 509
Othr Public Sch ECC
Township Elgin
Property / Lot Details
Lot Dimensions 50X157
Lot Description Corner Lot
Lot Size Source Survey
Lot Size Less Than .25 Acre
Model 3 UNIT
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing Conventional
Gross Rental Income $2,400
Rental Income 2400
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 0623201007
Special Assessments N
Taxes $7,434
Tax Exemptions None
Tax Year 2023
$379,900 Listing Price:
MLS # 12052408
Investment Profile Residential Income
Listing Market Time 98 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage,Space/s
List Date 05/10/2024
Year Built 1900
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