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532 South Street Elgin, IL 60123 Multi Unit - Multiple New

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  • 532 South Street, Elgin, IL 60123 Main Photo

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Description

Great opportunity for investors or owner-occupants alike! This spacious 4-unit building on South Street offers strong income potential, with each unit featuring 2 bedrooms, 1 bath, separate living and dining rooms, and a full kitchen. All units are currently occupied. Tenants pay utilities except water. The property sits on a large lot and includes a secured 4-car garage plus additional driveway parking. Windows: unknown. Roof: 2015. Water Heater: 2021. Boiler: Significant work was done to the boiler last year.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 8
Bathrooms: 4
County: Kane
Listed By:
GC Realty and Development 630-587-7400
MRED MLS
$645,000
Est. $4,056/mo
8beds
4baths
4cars
New to the Market New
BEDS8 BATHS4 full MLS#12583419
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 46

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532 South Street, Elgin, IL 60123.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $645,000$645,000$645,000
Down Payment $129,000$22,575$161,250
Monthly Mortgage Amount $2,970$3,696$3,857
Taxes $898$898$898
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$284$0
Monthly Estimated Total $4,056$5,066$4,943

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