Great investment opportunity in Elgin. This unique 3-unit property offers strong upside and multiple income streams. The main building features a lower-level 3-bedroom unit with access to a 2-car garage, plus an upper-level studio apartment. Don't miss the detached 2-bedroom cottage located at the rear of the property off the alley. This separate unit has new flooring, fresh paint, its own parking, and a fenced-in yard, making it ideal for tenant appeal or owner flexibility. Property includes three separate water meters. Two units are currently occupied by long-term tenants, with current rents below market, offering clear potential to increase cash flow. Sold as-is. A solid opportunity for investors looking to add value and grow income in a strong rental market. Contract fell through another buyers loss is your gain.
Baird & Warner New Client Care Team Agent Cell: 312.847.5702 Email
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
Listing Office: Epic Real Estate Group
Listing Office Phone: 847-922-5501
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208 Moseley Street, Elgin, IL 60123.
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208 Moseley Street, Elgin, IL 60123.
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