389 PRAIRIE Street Elgin, IL 60120

$194,999
5
Beds
$194,999
5
Beds
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pending
1/19
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Great investment opportunity in the Historic District of Elgin. This 2 Flat Unit is a must see with a lot of possibilities! Live in one unit, rent out the other! Owner has owned the property for over 12 years. The 1st floor unit is a 3 bedroom 1 bath and currently occupied with the same tenant since 2006! The 2nd floor unit is a 2 bedroom, 1 bath. There are two electric and gas meters and one water meter. Rents are below market rate and are month to month. Property is located on a tree lined street within walking distance to the Metra Station, Riverboat Casino, Downtown, Library, and More! Property needs work and is being Sold AS IS. See City of Elgin Rental License Inspection Report. Buyer responsible for all rental license repairs.

Great investment opportunity in the Historic District of Elgin. This 2 Flat Unit is a must see with a lot of possibilities! Live in one unit, rent out the other! Owner has owned the property for over 12 years. The 1st floor unit is a 3 bedroom 1 bath and currently occupied with the same tenant since 2006! The 2nd floor unit is a 2 bedroom, 1 bath. There are two electric and gas meters and one water meter. Rents are below market rate and are month to month. Property is located on a tree lined street within walking distance to the Metra Station, Riverboat Casino, Downtown, Library, and More! Property needs work and is being Sold AS IS. See City of Elgin Rental License Inspection Report. Buyer responsible for all rental license repairs.

  • Neighborhood
  • Type
  • County
    Kane
  • Area
    Elgin
  • Tax Amount
    $3,497
  • Status
    Pending
  • Listing #
    11300630
  • Listed on site
    131 days

Listed by:
Berkshire Hathaway HomeServices Starck Real Estate

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Berkshire Hathaway HomeServices Starck Real Estate.
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool
  • Porch
  • Basement

Interior Features

  • Heat Gas

Style

  • Colonial

Property History

DateDays AgoEventNew Price
Jan 19, 20224 mos agoPrice decreased5,000 (3%)$194,999
Jan 8, 20224 mos agoNew on market$199,999
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