Elgin, IL 60120,673 Villa Street
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Elgin, IL 60120,673 Villa Street
Elgin, IL 60120,673 Villa Street
Elgin, IL 60120,673 Villa Street
Elgin, IL 60120,673 Villa Street
Listed by Andrew Stollof Stoll Real Estate
Bought with Juan Medina of GMS Realty Group, LLC

$123,000

Est. payment /mo

$125,000

1.6%
Est.Price: ?

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673 Villa Street Elgin, IL 60120

SOLD DATE : 11/06/2020

Key Details

Sold Price $123,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10810521

Sold Date 11/06/20

Annual Tax Amount $2,837

Tax Year 2019

Lot Dimensions 44X91X62X66

Property Sub-Type Mixed Use

Property Description

What a great opportunity this multi-use property offers. You have commercial space on the street where you can run your business and you have a 2 bedroom, 1 bath house just behind it where you can live or rent it out. The icing on the cake is that this property comes with your very own billboard! There is currently a lease on the billboard that will add additional income to your bottom line. Once the lease is up, you can use the billboard to advertise your own business or rent it out to other businesses on a monthly charge. At this price, this property makes a great investment with an estimated 10% cap rate.

Location

State IL

County Kane

Zoning COMMR

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

View Y/N true

Building

Foundation Block, Concrete Perimeter

Structure Type Block

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Bruce Glazer

+1(765) 914-8199

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