Closed
$277,000
125 Oak St, Elgin, IL 60123
4beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$330,200 Zestimate®
$--/sqft
$1,921 Estimated rent
Home value
$330,200
$314,000 - $347,000
$1,921/mo
Zestimate® history
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What's special
Amazing investment opportunity! First floor unit will be freshly cleaned and painted, tenant just left. Here is your chance to own a vintage building, just steps away from the Fox River and close to downtown Elgin that helps pay for itself! Live in one unit and rent out the other, or rent them both out for a potential 2700/month rental income. The property offers 2 units, one upstairs and one downstairs. Both units are 2 bedroom and 1 bathroom, have original mouldings and large windows throughout allowing ample sunlight, original hardwood floors and full kitchens. The basement houses laundry and storage cages for each unit. Located close to Grand Victoria Casino, Metra, expressways, shopping, entertainment, restaurants, the Fox River and so much more! Both units were renovated in 2014 including updated furnace, A/C condenser, roof, UV efficient windows, water heater and appliances. Located on a large lot with plenty of space to enjoy the outdoors and 4 comfortable parking spaces. All renovations were done to code. Building is being sold as-is. Please see private remarks for tenant info.
Zillow last checked: 8 hours ago
Listing updated: December 23, 2022 at 11:31am
Listing courtesy of:
Richard Babb 630-696-8312,
Redfin Corporation
Bought with:
Monica Morales
Extreme Realty LLC
Source: MRED as distributed by MLS GRID,MLS#: 11631682
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 4
- Parking features: Driveway, On Site, Owned
- Has uncovered spaces: Yes
Features
- Patio & porch: Screened
- Exterior features: Outdoor Grill
Lot
- Size: 10,230 sqft
Details
- Parcel number: 0624152003
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Concrete
Condition
- New construction: No
- Year built: 1900
- Major remodel year: 2014
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks, Street Lights, Street Paved
Location
- Region: Elgin
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2022 | Sold | $277,000-2.3% |
Source: | ||
| 11/5/2022 | Contingent | $283,500 |
Source: | ||
| 9/16/2022 | Listed for sale | $283,500+1.6% |
Source: | ||
| 8/27/2022 | Contingent | $279,000 |
Source: | ||
| 8/11/2022 | Listed for sale | $279,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,933 +5.4% | $69,640 +10.7% |
| 2023 | $4,681 +1.2% | $62,914 +17.9% |
| 2022 | $4,625 +4% | $53,342 +7% |
Find assessor info on the county website
Neighborhood: Southwest Elgin
Nearby schools
GreatSchools rating
- 5/10Lowrie Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 1/10Abbott Middle SchoolGrades: 7-8Distance: 1.2 mi
- 2/10Larkin High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Lowrie Elementary School
- Middle: Abbott Middle School
- High: Larkin High School
- District: 46
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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$330,200
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