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370 Algona Avenue, Elgin, IL 60120
$580,000 Contingent
370 Algona Avenue, Elgin, IL 60120View this property at 370 Algona Avenue, Elgin, IL 60120
370 Algona AvenueElginIL60120
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Property Description
Investment opportunity!!This 4-unit property boasts positive cash flow, making it a great addition to any portfolio. Each unit is meticulously maintained and fully occupied, ensuring a steady stream of income. With a convenient location, strong rental history, and potential for further growth. Don't miss out on this turnkey investment gem!
Full Property Details
Full Property Details for 370 Algona Ave
General
- Price: $580,000
- Taxes: $12,089 (2023)
- Status: Contingent
- Type: Multi-Family
- MLS ID: 12048550
- Updated: 5/16/2024
- Added to Site: 20 day(s) ago
Interior
- Basement: Full
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 5
- Total Spaces: 5
- Parking Type: Garage
Location
- Area: Elgin
- County: Kane
- Township: Elgin
- Driving Directions: 25 past kimball to Algona West
School Information
- School District: 46
- Elem School District: 46
- Midd School District: 46
- High School District: 46
Heating & Cooling
- Heating Type: Natural Gas, Radiant
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Other
- Basement: Yes
- Basement Desc.: Full
- Year Built: 1934
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 65 130
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1934
- Tax Amount: $12,089.34
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 612330016
Listed by Homesmart Connect LLC
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Schools
Schools serving 370 Algona Ave
School District:Sd U-46
Rating | Name | Grades | Distance |
---|---|---|---|
258 Lovell St, Elgin, IL 60120 | K-6 | 0.2 mi | |
665 Dundee Ave, Elgin, IL 60120 | 7-8 | 0.2 mi | |
1200 Maroon Dr, Elgin, IL 60120 | 9-12 | 2.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 370 Algona Ave
Date
Details
Price
Change
Source
5/09/2024
Listed
$580,000
50.65%
MLS
2/24/2023
Sold
$385,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 370 Algona Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$9,024
4%
$104,069
7%
2021
$8,681
—
$97,297
5%
2021
$8,681
5%
$92,885
5%
2019
$8,264
2%
$88,479
12%
2017
$8,105
4%
$78,799
8%
2016
$7,797
-5%
$73,104
-12%
2018
$8,241
6%
$83,353
24%
2015
$7,770
-7%
$67,007
1%
2014
$8,312
20%
$66,180
-3%
2013
$6,919
—
$67,925
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 370 Algona Ave
370 Algona Avenue, Elgin, IL 60120 (MLS# 12048550) is a Multi-Family property with 4 units containing 6 bedrooms and 0 full bathrooms. 370 Algona Avenue is currently listed for $580,000 and was received on May 09, 2024. Want to learn more about 370 Algona Avenue? Do you have questions about finding other Multi-Family real estate for sale in Elgin? You can browse all Elgin real estate or contact a Coldwell Banker agent to request more information.