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  • $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#: 11631682MLS Logo

    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

    DateEventPrice
    12/23/2022Sold$277,000-2.3%
    Source: MRED as distributed by MLS GRID #11631682
    11/5/2022Contingent$283,500
    Source: MRED as distributed by MLS GRID #11631682
    9/16/2022Listed for sale$283,500+1.6%
    Source: MRED as distributed by MLS GRID #11631682
    8/27/2022Contingent$279,000
    Source: MRED as distributed by MLS GRID #11457488
    8/11/2022Listed for sale$279,000
    Source: MRED as distributed by MLS GRID #11457488

    Public tax history

    YearProperty taxesTax 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
    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
    2% more+ $6,604
    With Zillow Showcase(estimated)
    $336,804