Sold
Last Sold Price
5 beds

321 Center St, Elgin, IL 60120

Multi FamilyProperty Type
0.11 acresLot Size
1900Year Built
2 carsParking Spaces

Description

Amazing 4 unit with great return! 1 - 2 Bed & 3 - 1 bed apartments all rented with good income and long term tenants. Newer windows, newer appliances, and more. Nice wrap around porch freshly painted. New Boiler in 2018! Convenient location near downtown, Metra, and tollway. 2.5 Car Garage. Excellent Investment! The property passed FHA but the buyer couldn't close.Amazing 4 unit with great return! 1 - 2 Bed & 3 - 1 bed apartments all rented with good income and long term tenants. Newer windows, newer appliances, and more. Nice wrap around porch freshly painted. New Boiler in 2018! Convenient location near downtown, Metra, and tollway. 2.5 Car Garage. Excellent Investment! The property passed FHA but the buyer couldn't close.

    Sold By Century 21 S.G.R., Inc.

    • Listed by: Scott 847.754.6438 scott@grid7properties.com • Grid 7 Properties
    Listing closed: 11/08/2018 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 09953408
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    $1,511 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $1,040

    Property Taxes

    $471

    HOA Dues

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    Property Information for 321 Center Street

    Property Details

    • Taxes: $5,649 / year
    • MLS Type: Two to Four Units / 4 Flat
    • County: Kane County
    • Area: Elgin
    • Township: ELGIN
    • Ownership: Fee Simple
    • Num Of Garage Spaces: 2.5
    • Heat/Fuel: Natural Gas, Radiator(s)
    • Architectural Style: Victorian
    • Zoning: MULTI

    Building Information

    • Residences: 4
    • Year Built: 1900
    • Lot Size: 0.11 AC / 4,784 SF

    General Information

    School Information
    • Elementary School District: 46
    • Jr High Middle School: LARSEN MIDDLE SCHOOL
    • High School District: 46
    • High School: ELGIN HIGH SCHOOL
    • Middle Or Junior School District: 46
    Addtl Parking Information
    • Garage Details: None/NA
    • Garage On Site: true
    • Garage Ownership: Owned
    • Garage Type: Detached
    • Parking: Garage
    Taxes and HOA Information
    • Additional Parcels: No

    Property Information

    Interior Features
    • Num Of Rooms: 13
    • Bedrooms Total: 5
    • Bedrooms (Below Grade): 0
    • Community Features: Sidewalks, Street Lights, Street Paved
    • Basement Type: Partial
    • Bedrooms Possible: 5
    • Basement Description: Unfinished, Crawl
    • # Full Baths in Building: 4
    • # Half Baths in Building: 0
    • Room Type: Enclosed Porch
    • Num of Baths: 4.0
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Public
    • Other Equipment: TV-Cable
    Property/Lot Information
    • Exterior Property Features: Porch
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: Yes
    • Age: 100+ Years
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 52X92
    • Total # Units in Building: 4.0
    • Waterfront: No
    • Exterior Building Type: Frame
    • Roof Type: Asphalt
    • General Information: None
    • North Coordinate: 11
    • South Coordinate: 0
    • East Coordinate: 0
    • West Coordinate: 33
    • 3 Br Un In Bldg: No
    Property and Assessments
    • Buyer Financing: Conventional
    • Photos Count: 23
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No

    Multi Family

    Income & Expenses
    • Gross Income: $32,400.00
    Unit 1
    • Unit Type Actual Rent: $625.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 1
    • Lease Expiration Date: 08/19
    Unit 2
    • Unit Type Actual Rent: $600.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 2
    • Lease Expiration Date: 00/00
    Unit 3
    • Unit Type Actual Rent: $625.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 3
    • Lease Expiration Date: 00/00
    Unit 4
    • Unit Type Actual Rent: $850.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 4
    • Lease Expiration Date: 00/00

    Property History for 321 Center Street

    DateEvent & SourcePriceAppreciation
    Nov 8, 2018

    Sold

    MRED #09953408

    $194,900—
    Oct 23, 2018

    Sold (Public Record)

    Public Record #635080815

    $195,000

    +2.5% / yr

    Sep 27, 2018

    Pending

    MRED #09953408

    —
    DateEvent & SourcePrice
    11/08/2018

    Sold

    MRED #09953408

    $194,900
    10/23/2018

    Sold (Public Record)

    Public Record #635080815

    $195,000

    +2.5% / yr

    09/27/2018

    Pending

    MRED #09953408

    —

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 321 Center Street

    Taxable Value

    Land

    $15,152

    Additions

    $92,667
    Total$107,819

    Tax Record

    2025

    $8,226 ($685 / month)

    Home Facts

    Beds

    5

    Baths

    4

    Total Finished SqFt

    2,416 SqFt

    Above Grade Finished SqFt

    2,416 SqFt

    Stories

    2

    Lot Size

    4,784 SqFt

    Style

    Single Family Residence

    Year Built

    1900

    Year Renovated

    1900

    County

    KANE

    APN

    06-13-104-001

    Schools near 321 Center Street

    This home is within School District U-46.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 6
    Public - 7 to 8
    Public - 9 to 12
    Public - 6 to 12
    Rating
    School
    Distance
    Ronald D O'Neal Elementary School
    PublicK to 6

    Kimball Middle School
    Public7 to 8

    Larkin High School
    Public9 to 12

    Central School Program
    Public6 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 321 Center Street, Elgin, IL 60120
    $194,900
    5
    –
    4,784
    –
    –
    –
    –
    3,680
    $165,000
    7
    –
    7,405
    –
    3
    1
    925
    3,762
    –
    3
    1
    1,115
    8,712
    $135,000
    5
    2
    1,361
    8,712

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Grid 7 Properties

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/05/2021 05:41 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.