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    85 Crystal Street

    Elgin, IL 60123
    • $1,275,000
    • STATUS: Active
    • ON SITE: 37 days
    • MLS #: 11037129
    UPDATED: 51 min ago
    $1,275,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1972
    County:
    Area:

    School Ratings & Info

    Description

    Check out this turn key 15 unit apartment building in Elgin! This is a great investment property for those looking for cash flow right out of the gate. This property features an attractive unit mix of nine 2 bed/1 bath apartments and six 1 bed/1 bath apartments. Many of the units have been updated already with modern finishes, and the building has tenant paid heat which is even better! Check this one out today because in this market it won't last long!

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2021-05-07T19:52:49.817 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    85 Crystal Street Elgin, IL 60123

    • Price: $1,275,000
    • Status: Active
    • Updated: 51 min ago
    • MLS #: 11037129
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1972
    Built
    Neighborhood:
    Elgin
    County:
    Kane
    Area:
    Elgin
    Property Description
    Check out this turn key 15 unit apartment building in Elgin! This is a great investment property for those looking for cash flow right out of the gate. This property features an attractive unit mix of nine 2 bed/1 bath apartments and six 1 bed/1 bath apartments. Many of the units have been updated already with modern finishes, and the building has tenant paid heat which is even better! Check this one out today because in this market it won't last long!
    Exterior Features

    Parking Total 30

    Interior Features

    Heat Ventilation ElectricForced Air Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 4 Number Of Rooms Unit2 4 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Units Apt Type1 9 Number Of Units Apt Type2 6 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Cap Rate 7.6 Electric Expense 1200 Fuel Expense 2700 Gross Income 177900 Gross Scheduled Income 182500 Insurance Expense 6000 Janitor Expense 8673 Lot Size Dimensions 75X100 Maintenance Expense 7500 Monthly Income Max1 1047 Monthly Income Max2 900 Operating Expense 76833 Other Expense 0 Tax Annual Amount 30430 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatVaries By Tenant Total Monthly Income 14825 Trash Expense 3060 Type Multi Family Corridor-Exterior Entrance Water Sewer Expense 9000

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Second City Real Estate.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2021-05-07T19:52:49.817 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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