Investment opportunity!!This 4-unit property boasts positive cash flow, making it a great addition to any portfolio. Each unit is meticulously maintained and fully occupied, ensuring a steady stream of income. With a convenient location, strong rental history, and potential for further growth. Don't miss out on this turnkey investment gem!
Closed
$580,000
370 Algona Ave, Elgin, IL 60120
7beds
--sqft
Multi Family
Built in 1934
-- sqft lot
$597,700 Zestimate®
$--/sqft
$2,385 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 26, 2024 at 01:30am
Listing courtesy of:
Jose Herrera 630-777-7579,
HomeSmart Connect,
Asaf Arevalo 847-463-0127,
HomeSmart Connect LLC
Bought with:
Sharon Lee Zumstein
Century 21 S.G.R., Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12048550
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Radiant
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 5
- Parking features: On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 5
Details
- Additional parcels included: 0612330019,0612330017
- Parcel number: 0612330016
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
Condition
- New construction: No
- Year built: 1934
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Elgin
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$597,700
2% more+$11,954
With Zillow Showcase(estimated)$609,654