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113 Elm Street, Elgin, IL 60123
$450,000 Contingent
113 Elm Street, Elgin, IL 60123View this property at 113 Elm Street, Elgin, IL 60123
113 Elm StreetElginIL60123
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Property Description
"Income-Producing Property with Character and Convenience" This well-maintained brick 3-flat offers a fantastic opportunity for both investors and owner-occupants. Located in a great area close to schools and transportation, this property boasts several attractive features-The home/building includes charm with its classic brick exterior and well-preserved interior details. Most of the units have been thoughtfully remodeled, featuring nice floors (including some newer carpet), updated kitchens, and baths. Each unit has its own gas and electric utilities, ensuring that tenants cover their own utility costs. The property is beautifully landscaped, creating an inviting curb appeal. Spacious Layout: With one unit per floor, each apartment offers good-sized bedrooms and comfortable living spaces. The building has been meticulously maintained, making it an easy transition for new occupants. Added bonus is the 2-car garage that includes an attached storage or workroom (approximately 20 x 8) Recent Inspection: The property was inspected by the City of Elgin on 09/26/2023 and passed with flying colors, ensuring peace of mind for buyers. Add this to your portfolio today!** please note the owner is living in unit 2 and this unit can be converted to a 2 bedroom if you add a closet to the extra room** Unit 1 plans to resign their lease after 8/24**inspection from Elgin in 2023 passed**
Full Property Details
Full Property Details for 113 Elm St
General
- Price: $450,000
- Taxes: $4,874 (2022)
- Status: Contingent
- Type: Multi-Family
- MLS ID: 12046297
- Updated: 5/10/2024
- Added to Site: 12 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Full
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Cable TV, Carbon Monoxide Detectors, Multiple Water Heaters, Water Heater-Gas
- Other Features: Commuter Bus, Commuter Train
Exterior
- Exterior Features: Storms/Screens, Cable Access, Workshop
Parking
- Garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Garage
Location
- Area: Elgin
- County: Kane
- Township: Elgin
- Driving Directions: Chicago st to Locust east to Elm south on elm across from St Ed's High School.
School Information
- School District: 46
- Elem School District: 46
- Midd School District: 46
- High School District: 46
- Elementary School: Lowrie Elementary School
- Middle School: Abbott Middle School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: English
- Architectural Style: English
- Model: 2 STORY 3 FLAT
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Manufactured Home
- Model: 2 STORY 3 FLAT
Lot Features
- Lot Size (Acres): 0.17
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 7435 SQ FT
Financial Considerations
- Insurance Fee: $2,200
- Parking Included: Yes
- Assessment Year: 1900
- Tax Amount: $4,874
- Tax Year: 2022
- Pays Electric: 192
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 614476004
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Schools
Schools serving 113 Elm St
School District:Sd U-46
Rating | Name | Grades | Distance |
---|---|---|---|
264 Oak St, Elgin, IL 60123 | K-6 | 0.4 mi | |
949 Van St, Elgin, IL 60123 | 7-8 | 0.7 mi | |
1475 Larkin Ave, Elgin, IL 60123 | 9-12 | 1.3 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 113 Elm St
Date
Details
Price
Change
Source
5/07/2024
Listed
$450,000
15.98%
MLS
1/04/2023
Sold
$388,000
—
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 113 Elm St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$4,874
4%
$56,213
7%
2021
$4,689
—
$52,555
5%
2021
$4,689
5%
$50,172
5%
2019
$4,464
2%
$47,792
12%
2017
$4,378
4%
$42,563
8%
2016
$4,211
—
$39,487
9%
2015
$4,197
-7%
$36,194
1%
2014
$4,490
1%
$35,747
-21%
2018
$4,451
19%
$45,023
23%
2013
$3,737
—
$36,689
—
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 113 Elm St
113 Elm Street, Elgin, IL 60123 (MLS# 12046297) is a Multi-Family property with 3 units containing 4 bedrooms and 0 full bathrooms. 113 Elm Street is currently listed for $450,000 and was received on May 07, 2024. Want to learn more about 113 Elm Street? 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.