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$385,000
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Property Description
Exceptional three-unit investment property, overflowing with charm and revitalized with modern enhancements. This property stands out for its versatility and functionality. Featuring a three-car garage, full basement, and attic with abundant storage capacity. BRAND NEW roof on the building and garage (2024). Water heater replaced in 2024. The main unit boasts 10-ft. ceilings, an extremely spacious living area, four bedrooms, two full bathrooms and a wood burning fireplace. Recent upgrades to unit #1 include fresh paint - new stove and refrigerator - new fans in the living and dining rooms. Apartments two and three underwent complete renovations in the past few years! Unit number two includes fresh paint - Laminate floors - Full bathroom upgrade - New blinds - Brand new kitchen cabinets (2022). In addition to previous upgrades, the owner also put up new drywall in the entire unit number three as well as new electric wall heaters. With high income potential, this property is a must see for investors or owner-occupiers seeking to maximize returns, while enjoying the benefits of multi-unit ownership. Close to downtown Elgin, Festival Park, Grand Victoria Casino, I-90, Rt. 20, schools, restaurants and so much more! Please make sure to show buyers the projected income that this building will bring in, in relation to the current income that is very low. SHOWINGS TO TAKE PLACE JUNE 8TH 12-3pm AND JUNE 9th 12-2:30pm
Full Property Details
Full Property Details for 438 Villa St
General
- Sold For: $385,000
- Taxes: $6,600 (2022)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12062866
- Added to Site: 634 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Dish Antenna, Carbon Monoxide Detectors, Ceiling Fan(s), Water Heater-Electric
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Exterior
- Exterior Features: Porch, Storms/Screens
Parking
- Garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 3
- Total Spaces: 8
- Parking Features: Unassigned, Driveway, More Than 1 Spc/Unit
- Parking Type: Garage, Space(s)
- Parking On-Site: Yes
- Garage Description: High Garage Door (7 Feet or More)
Location
- Area: Elgin
- County: Kane
- Driving Directions: SOUTH ON ROUTE 31 (N STATE ST), TURN LEFT ON TO NATIONAL STREET. RIGHT TO VILLA STREET. PROPERTY WILL BE ON THE LEFT SIDE OF THE ROAD.
School Information
- School District: 46
- Midd School District: 46
- Elementary School: Channing Memorial Elementary Sch
- Middle School: Ellis Middle School
- High School: Elgin High School
- Private School: Elgin High School
Heating & Cooling
- Heating Type: Electric, Forced Air, Floor Furnace
Utilities
- Water: Public
Structural Information
- Exterior Const.: Frame, Masonite
- Basement Desc.: Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1900
- Built Before 1978: Yes
- Remodeled/Updated: 2022
Unit Information
- Units in Building: 3
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.2
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 8712
- Lot Features: Sidewalks, Streetlights
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1900
- Tax Amount: $6,600
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 613457021
Listed by RE/MAX All Pro - St Charles
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Schools
Schools serving 438 Villa St
School District:School District U-46
| Name | Grades | Distance |
|---|---|---|
Channing Memorial Elementary School 63 South Channing Street, Elgin, IL 60120 | K-6 | 0.3 mi |
Ellis Middle School 225 South Liberty Street, Elgin, IL 60120 | 7-8 | 0.2 mi |
Elgin High School 1200 Maroon Drive, Elgin, IL 60120 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 438 Villa St
Date
Details
Price
Change
Source
7/30/2024
Sold
$385,000
1.34%
MLS
5/22/2024
Listed
$379,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
438 Villa Street, Elgin, IL 60120 (MLS# 12062866) is a Multi-Family property that was sold at $385,000 on July 30, 2024. Want to learn more about 438 Villa 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.


