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$329,000
4 Beds ⋅ 2 Baths ⋅ 12721037 MLS ⋅ ACTIVE Status
Historic Brick 2-Flat, located in the Elgin Watch Factory Historic District. Great classic architectural details including a parade balcony on the exterior and original floors, mouldings and windows inside. Each unit is approximately 1,074sq.ft. The upper unit has large 15x15 bedroom, 3/4 bath, 18x24 living room, 12x18 kitchen and 9x12 bedroom with front and rear access points. Electric and plumbing has been completely upgraded. Exterior is in good shape with a recently recoated flat roof, and newer storms for most windows. This is a large corner lot with a two car garage, 24x21' in size. This property is eligible for the architectural exterior grant program from the City of Elgin. Walk to the train station, Festival Park and downtown Elgin. Think of this as either an investment rental property or a converted single family home.

358 Bent Street, Elgin
$445,000
4 Beds ⋅ 3 Baths ⋅ 12683274 MLS ⋅ CLOSED Status
Exceptional investment opportunity! This well-maintained 3-flat with a rare 3-car garage offers the perfect combination of income potential, flexibility, and long-term value. Whether you're an investor seeking strong cash flow or an owner-occupant looking to offset your mortgage, this property delivers endless possibilities. Each unit offers spacious living areas and flexible floor plans, making them attractive options for tenants or multigenerational living. Live in one unit while generating rental income from the others, or maximize returns by leasing all three units. The 3-car garage provides valuable off-street parking and additional convenience rarely found in multifamily properties. With solid bones and room to add your personal touches, this property presents an excellent opportunity to build equity and increase value over time. Conveniently located near schools, parks, shopping, dining, and public transportation, this property offers easy access to everyday amenities while appealing to a broad range of tenants. Whether you're expanding your portfolio or purchasing your first income-producing property, this versatile 3-flat is an opportunity you won't want to miss. Schedule your private showing today!

1105 Morton Avenue, Elgin
$295,000
3 Beds ⋅ 2 Baths ⋅ 12478918 MLS ⋅ CLOSED Status
Excellent Investment Opportunity! 3-Bedroom, 2-Flat in desirable area! Perfect for 1st time homebuyers with rental income to help with the mortgage or investors with great potential cash flow! Brand new roof and freshly painted home with inviting front porch. Vacant 2-bedroom ready for immediate occupancy for the homebuyer or to rent as well as a 1-bedroom with long-time tenant. Heritage Victorian home with ideal location that offers many advantages with quick access to highway, public transit, stores, close to downtown and a park just down the street. Private backyard and 2-car garage.

376 Jefferson Avenue, Elgin
$305,000
4 Beds ⋅ 3 Baths ⋅ 12436001 MLS ⋅ CLOSED Status
There's an assumable FHA loan for $197,000 and some change on this charming 2-flat conversion nestled on a picturesque street near Elgin's historic district! The first-floor unit boasts high ceilings, a spacious living room, an elegant arched doorway leading to the kitchen/dining area, two large bedrooms with ample walk-in closets, and a full bath. Freshly painted with new carpeting, the second-floor unit features two bedrooms, a generous living area, an eat-in kitchen, a private balcony, and a spacious full bath. The basement offers two large finished living areas (egress window required to designate a bedroom) and a full bath with a small kitchen area. Please note, basement appliances are not included.Recent upgrades include city-redone sewer/water pipes, side drive/apron, a furnace, central air, and hot water heater (all ~3 years old). Past updates include roof, updated electrical, and PVC sewer line from 2012. Enjoy outdoor living on the expansive back patio with a partial privacy fence. The oversized 2-car garage includes a workbench, storage, and a walk-up attic. The current tenant is on a month-to-month lease. Sold as-is, this versatile property is perfect for a two-family household, an investment opportunity, or conversion back to a single-family home. Endless possibilities await!

645 Lavoie Avenue, Elgin
$345,000
5 Beds ⋅ 2 Baths ⋅ 12415447 MLS ⋅ CLOSED Status
Endless Possibilities - 2-Flat with 3-Car Garage Near Downtown Elgin! An incredible investment opportunity awaits just minutes from vibrant downtown Elgin! This spacious 2-flat offers the perfect setup for owner-occupants or savvy investors. Live in one unit while the other helps pay your mortgage-or rent out both and maximize your returns. Two generous units with flexible layouts - ideal for tenants or multigenerational living. Rare 3-car garage - adds convenience and rental appeal. Strong income potential - Plenty of space and classic charm. Close to schools, parks, shopping, dining, and public transportation. Whether you're looking to grow your portfolio or create your dream owner-occupied income property, this is your chance to build equity and cash flow in a sought-after area. Act fast-Schedule your showing today!

39 Leonard Street, Elgin
$303,000
4 Beds ⋅ 2 Baths ⋅ 12398180 MLS ⋅ CLOSED Status
***Excellent investment opportunity!!! Rent one unit and live in the other or rent both and enjoy the cash flow! Very well kept 2 flat property with 2 very spacious units, one with a large deck and the other with beautiful pavers patio and a large partially fenced yard for summer entertainment! Each unit features 2 bedroom, 1 bath, plenty of parking space in the beautifully done pavers driveway and 3 car garage, unfinished basement with interior and exterior access! Both units are in an excellent condition. Some of the updates feature 1yr old water heater, 2nd floor unit recent interior painting and new rangehood. *Great location with easy access to major streets. *Desirable South Elgin Middle and High schools! *Low property Taxes* *Sold in As-is condition

376 Hastings Street, Elgin
$350,000
4 Beds ⋅ 3 Baths ⋅ 12262066 MLS ⋅ CLOSED Status
Endless Possibilities! 3-Flat with 3-Car Garage - A Perfect Investment Opportunity This spacious three-flat offers the ideal setup for homeowners or investors looking to maximize their potential. Live in one unit and rent out the other two. Your rental income helps with your mortgage! Three Spacious Units: Flexible layouts perfect for tenants or multigenerational living. Incredible Income Potential: Current rents are very low, allowing significant increases to match market rates. Ample Parking: A rare 3-car garage provides convenience and added value for residents. Tons of Potential: Ready for your vision, whether you update, renovate, or move in. Conveniently located near schools, parks, shopping, and public transportation. This is your chance to own a property that generates income while building equity. It's perfect for investors or seasoned pros! Don't wait-schedule your showing today! Seller will only consider offers submitted in as-is condition.

1105 Morton Avenue, Elgin
$400,000
7 Beds ⋅ 5 Baths ⋅ 12075928 MLS ⋅ CLOSED Status
Huge 3 story Victorian 4 flat in good condition and with "curb appeal." This building has a 3 Bedroom unit, a 2 Bedroom unit and two 1 Bedroom units. Lots of updating and exterior work done to this building in recent years. Updated plumbing, electrical panels and boiler. Tenants pay their own electric and cooking gas. Large parking area at rear of building. Great building with terrific cash flow.

222 Villa Street, Elgin
$450,000
4 Beds ⋅ 3 Baths ⋅ 12046297 MLS ⋅ CLOSED Status
"Income-Producing Property with Character and Convenience" This well-maintained brick 3-flat offers a fantastic opportunity for both investors and owner-occupants. Located in a great area close to schools and transportation, this property boasts several attractive features-The home/building includes charm with its classic brick exterior and well-preserved interior details. Most of the units have been thoughtfully remodeled, featuring nice floors (including some newer carpet), updated kitchens, and baths. Each unit has its own gas and electric utilities, ensuring that tenants cover their own utility costs. The property is beautifully landscaped, creating an inviting curb appeal. Spacious Layout: With one unit per floor, each apartment offers good-sized bedrooms and comfortable living spaces. The building has been meticulously maintained, making it an easy transition for new occupants. Added bonus is the 2-car garage that includes an attached storage or workroom (approximately 20 x 8) Recent Inspection: The property was inspected by the City of Elgin on 09/26/2023 and passed with flying colors, ensuring peace of mind for buyers. Add this to your portfolio today!** please note the owner is living in unit 2 and this unit can be converted to a 2 bedroom if you add a closet to the extra room** Unit 1 plans to resign their lease after 8/24**inspection from Elgin in 2023 passed**

113 Elm Street, Elgin
$290,000
5 Beds ⋅ 2 Baths ⋅ 12010324 MLS ⋅ CLOSED Status
Multiple Offers received, Highest & Best due Monday 4/22 @ 9am. Nicely maintained 2-flat with 9-ft. ceilings. Main floor unit has 3 bedrooms (1 being used as den) with hardwood flooring in Living Room, and 2 of 3 bedrooms on the main floor. Main floor also has a gas/woodburning stove with a mantle. 2nd floor unit, Living Room and both bedrooms have hardwood. Kitchen has beautiful built-ins instead of cabinetry. Both units have a Refrigerator and stove, common washer and dryer for use in basement. All rooms except baths have ceiling fans. 2 window A/C units will be included. 2 separate entries front and back. The home has 2 electrical panels, but gas and water are one and then just split between units. Full, unfinished basement with laundry area and lots of storage. 2-car garage (spaces separated). Newer Furnace, gas forced air. Home is hard-wired with an alarm system and is in good condition but being sold "As Is" by a Trust.

308 Walnut Avenue, Elgin
$470,000
6 Beds ⋅ 4 Baths ⋅ 11891597 MLS ⋅ CLOSED Status
4 Unit Multifamily Property On A Corner Lot, In The Historic District Of Elgin Near Downtown. Freshly Painted Outside & Fully Compliant With All City Requirements. 2 Two Bedroom Units And 2 One Bedroom Units With Mainly Month To Month Leases Occupied By Longer Term Tenants! The Buyer Has the Option To Lock Current Tenants Into A Lease If The Rent Is Agreed To Market Rent Or Have The Flexibility With The Month To Month Lease To Get New Tenants Willing To Pay Higher Market Rent. Well Maintained Building! Great Cash Flow! 3 Of The Units Have Been Updated/Remodeled Within The Last Five Years Including Newer Appliances. Newer Water Heater, Appliances, Furnace, In Unit #3 With Hardwood Floors. Unit #4 Has Newer Fridge And Stove. Large Storage & Work Area In Basement. Newer Sump Pump. Newer Water & Sewer Service To Street. Newer Flat Roof Less Than 4 Years Old! Great Investment Opportunity! 100% Occupied! - Tenants pay the utilities upstairs and the landlord pays for the utilities for the downstairs units. Expenses listed are those paid by the landlord only, including $1000 a year estimated for landscaping and snow removal.

140 College Street, Elgin



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