This Renovated 2-Unit Brick Investment Property is a Money Making Machine! 1st Floor Unit 2 Bed, 1 Bath Duplexes Down & is Month to Month at $1200! This Unit has Potential to Add Additional Legal Bedrooms if Egress Windows are Installed Includes a Washer & Dryer! Perfect for an Owner Occupant Who Wants to Rent Hack or Multi-Generational Living! Great for Investors Who Want Consistent Cash Flow, as the Current Tenant Would Prefer to Stay! Owner Believes There is Room to Increase Rent for 1st Floor Unit Substantially. A 2nd Bathroom Could Be Added to the Lower Level. 2nd Floor Unit is 2 Bed, 1 Bath, Was Recently Renovated & is Leased Through March 2025 at $1350 Monthly! This Unit Includes a Complete Kitchen Remodel (2024) w/ Sleek White Cabinets, Quartz Countertops, Stainless Steel Appliances, GFCI Outlets (2024), New Carpeting (2024), Flooring (2024), Baseboard (2024), Fresh Paint (2024) & Complete Bath Remodel w/ White Subway Tiled Shower, New Vanity & Fixtures. Roof & 2nd Story Siding Was Replaced in 2023! Both Tenants Pay for Gas, Electricity & Garbage! Owner Pays Water & Common Area Utilities. Property Includes a 2 Car Garage & 2 Story Deck! 48 Hour Notice Required.
Closed
$322,500
37-39 S Porter St, Elgin, IL 60120
4beds
--sqft
Multi Family
Built in 1929
-- sqft lot
$337,600 Zestimate®
$--/sqft
$2,168 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 03, 2024 at 01:39pm
Listing courtesy of:
Ryan Widerberg 847-849-7748,
eXp Realty - Chicago North Ave
Bought with:
Dorothy Kolschowsky
RE/MAX Excels
Source: MRED as distributed by MLS GRID,MLS#: 12079062
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: Partially Finished,None,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Features
- Patio & porch: Deck
Lot
- Size: 6,534 sqft
- Dimensions: 67X102X66X102
Details
- Additional structures: Garage(s)
- Parcel number: 0613405006
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1929
- Major remodel year: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Elgin
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
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$337,600
2% more+$6,752
With Zillow Showcase(estimated)$344,352