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826 Wing Street

Elgin, IL 60123
  • $269,900
  • STATUS: Active Under Contract
  • ON SITE: 63 days
  • MLS #: 11104072
Under Contract
UPDATED: 64 min ago
$269,900
  • 5
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
46

Description

Calling all Investors. Wonderful opportunity to to step right in on a super well-maintained 2 story, 2 flat. Longtime tenants (24 and 6 years) are already in place, and would love to stay. They have been getting a very low rate over the years, and do know they will have to negotiate new lease terms. Both hot water heaters were replaced in April, '21. The following were all done 5 years ago. The roof was replaced. The chimney crown was redone, the chimney was tuck pointed, and the chimneys were capped (the fireplaces are no longer operable). Also, the concrete work on the front stoop. Inside of the main level unit, Thomasville cabinetry was installed in the kitchen, and the bathroom was updated by Bathfitters. This building passes the Elgin city rental inspection every year. It is a very solid, well maintained property. The longtime owners have retired and moved 6 hours away. Time to let someone else have this Moneymaker!!

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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 John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-07-31T13:53:56.887 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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826 Wing Street Elgin, IL 60123

  • Price: $269,900
  • Status: Active Under Contract
  • Updated: 64 min ago
  • MLS #: 11104072
5
Beds
0
Baths
0
½ Baths
0.14
Acres
1923
Built
Neighborhood:
Elgin
County:
Kane
Area:
Elgin
Elementary School:
Highland Elementary School
Middle School:
Kimball Middle School
High School:
Larkin High School
School District:
46
Property Description
Calling all Investors. Wonderful opportunity to to step right in on a super well-maintained 2 story, 2 flat. Longtime tenants (24 and 6 years) are already in place, and would love to stay. They have been getting a very low rate over the years, and do know they will have to negotiate new lease terms. Both hot water heaters were replaced in April, '21. The following were all done 5 years ago. The roof was replaced. The chimney crown was redone, the chimney was tuck pointed, and the chimneys were capped (the fireplaces are no longer operable). Also, the concrete work on the front stoop. Inside of the main level unit, Thomasville cabinetry was installed in the kitchen, and the bathroom was updated by Bathfitters. This building passes the Elgin city rental inspection every year. It is a very solid, well maintained property. The longtime owners have retired and moved 6 hours away. Time to let someone else have this Moneymaker!!
Exterior Features

Exterior Building Type Vinyl Siding Garage On Site Yes Garage Ownership Owned Garage Type Detached Number Of Cars 2 Parking Garage Unit1 Floor Level 1 Unit2 Floor Level 2 Waterfront YN No

Interior Features

3 Bedroom Unit In Building Yes Appliances Features Unit1 StoveRefrigeratorDishwasher Appliances Features Unit2 StoveRefrigeratorDishwasher Basement Full Basement Bathrooms YN No Basement Description Unfinished Bathrooms Total Integer 2 Bedrooms Below Grade 0 Bedrooms Possible 5 Full Baths In Building 2 Full Baths In Unit1 1 Full Baths In Unit2 1 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Heating Steam2+ Sep Heating Systems Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 3 Number Of Rooms Unit1 5 Number Of Rooms Unit2 6 Room Type Enclosed BalconyEnclosed Porch Rooms Total 11

Property Features

Age Description 91-100 Years Built Before1978 YN Yes Community Features Park Corporate Limits Elgin General Information School Bus ServiceCommuter Train Gross Income 18000 Lease Exp Date Mo Yr Unit1 Mo Lease Exp Date Mo Yr Unit2 Mo Lot Size Less Than .25 Acre Lot Size Dimensions 6527 New Construction YN No Property Sub Type 2 FlatConverted Residence Rebuilt YN No Rehab YN No Security Deposit Unit1 Na Security Deposit Unit2 Na Sewer Public Sewer Special Assessments Y Special Listing Conditions None Special Service Area N Tax Annual Amount 5092.74 Tax Year 2019 Tenant Pays Unit1 All Tenant Pays Unit2 All Total Rental Income 18000 Unit1 Rent 700 Unit2 Rent 800 Water Source Public

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Select A Fee Re System.


© 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 John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-07-31T13:53:56.887 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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