443 Jefferson Ave, Elgin, IL 60120
4 Unit Apartment Building | $625,000 ($156,250/Unit) | 4.47% Cap Rate | Elgin, IL 60120
For Sale
Active
16 pictures
- Date Added:
- September 16, 2024
- Days on Market:
- 10 days
Asking Price $625,000
- Property Type
-
Multifamily
- Square Feet
- 10,250 SF
Listing Contacts
Phu Nguyen
Verified Profile
- Property Info
Property Overview
Welcome to 443 Jefferson Avenue! Nestled in the Historical & Culturally rich village of Elgin, IL, this Multi-Unit gem comprises of 4 Spacious units consisting of One Oversized 2-bedroom/2-bathroom unit, One Oversized 2-bedroom/1-bathroom unit & Two 1-bedroom/1-bathroom units that are all tastefully updated & well maintained. All units are lined with Gorgeous Hardwood or Bamboo floors & kitchens are lined with Granite Countertops. The Two 2-bedroom units have separate HVAC for heating & cooling along with separate Gas & Electric meters. The Two One-bedroom units are heated by Electric baseboard heating which makes this building a very Cash Flow efficient. Regarding the exterior, the Roof is in great shape having been replaced 8 years ago. All windows were fully replaced less than 5 years ago. This property also boasts 6 parking spots in the back parking lot. The site does have laundry hook up for public laundry in the basement. This listing presents a rare opportunity to invest in a well maintained building in the heart of Elgin, IL.
Property Details
- Class
- C
- Year Built
- 1970
- Stories
- 2
- Lot Size (sq. ft)
- 8,276 SF
- Units
- 4
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