Bought with Patricia Briones of Era Chicago Realty Inc
$650,000
$775,000
16.1%For more information regarding the value of a property, please contact us for a free consultation.
398 E Chicago Street Elgin, IL 60120
4,238 SqFt
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 4,238 sqft
Price per Sqft $153
MLS Listing ID 12392663
Sold Date 08/25/25
Year Built 1910
Annual Tax Amount $9,467
Tax Year 2024
Lot Dimensions 131 X 53
Property Sub-Type Multi Family 5+
Property Description
This 5 unit building has been updated, has excellent rental income and is ready for new ownership. Four 2 bedroom, 2 bath units, and one studio, plus coin laundry and storage. Two units have been updated with forced air, the rest of the building is boiler heat. Tenants pay electric. Appliances have been updated in 4 of the units, as well as a new concrete driveway. Original charm throughout. One is vacant to show. Sold with 16 N Gifford as it currently shares a driveway. Selling as-is.
Location
State IL
County Kane
Zoning MULTI
Rooms
Basement Finished
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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