528 E Chicago St - Multi-Family FOR SALE


Elgin, IL 60120- Gifford Park
$450,000 USD
847-462-9999
528 E Chicago St, Elgin, IL for Sale
$450,000 USD
Multi-Family - FOR SALE
1/4
null | 4.43% Cap Rate

528 E Chicago St
Elgin, IL 60120
Gifford Park


HIGHLIGHTS

  • 1.1 miles from Downtown Elgin, the Metra and Bus Depot

OVERVIEW

Multi Family - Income Producing Investment Property * 2900 above ground SQFT * 1511 BSMT SQFT * $4050.00 per month in rents collected * 3 Car Garage * All units have been renovated over time: Unit #1 2013 to 2025, Unit #2 Bathroom Reno 2023, Unit #3 Kitchen Reno 2004 and Bathroom Reno 2023, Unit #4 Reno 2016. * 1.19 miles from Elgin Metra * Property located in Historical Elgin. Exterior recently stripped and painted $22,500. Historical Building * Lanldord does not charge for parking however, the market price could be around $100.00 per mo, per garage (3)

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$153 USD /SF

# OF UNITS

4

PRICE/UNIT

$112,500

CAP RATE

4.43%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

528 E Chicago St Elgin IL 60120

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1875

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,797 SF

ZONING

RC-3

APN/PARCEL ID

06-13-261-012

ASK ABOUT THIS PROPERTY

Barbara Cullen@propertiesMore Info
847-462-9999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Barbara Cullen@propertiesMore Info
847-462-9999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.