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
Closed
$385,000
438 Villa St, Elgin, IL 60120
6beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$409,700 Zestimate®
$--/sqft
$2,170 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 22, 2024 at 05:41pm
Listing courtesy of:
Natalie Kofie 630-965-5709,
RE/MAX All Pro - St Charles,
Timothy Sotis 630-669-9901,
RE/MAX All Pro
Bought with:
Roberto Morales-Corona
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12062866

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Forced Air
Features
- Windows: Storms/Screens
- Basement: Full
Property
Parking
- Total spaces: 8
- Parking features: Unassigned, Driveway, More Than 1 Spc/Unit
- Garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage (7 Foot or more high garage door)
Features
- Patio & porch: Porch
Lot
- Size: 8,712 sqft
- Features: Sidewalks, Streetlights
Details
- Additional structures: None
- Parcel number: 0613457021
- Special conditions: None
- Other equipment: TV-Dish, Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Masonite
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
- Major remodel year: 2022
Utilities & green energy
- Sewer: Public Sewer, Sewer-Storm
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Community
- Community features: Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Elgin
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Services availability

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$409,700
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$417,894