Sold
Last Sold Price
5 beds
389 Prairie St, Elgin, IL 60120
Multi FamilyProperty Type
0.07 acresLot Size

Description

Great investment opportunity in the Historic District of Elgin. This 2 Flat Unit is a must see with a lot of possibilities! Live in one unit, rent out the other! Owner has owned the property for over 12 years. The 1st floor unit is a 3 bedroom 1 bath and currently occupied with the same tenant since 2006! The 2nd floor unit is a 2 bedroom, 1 bath. There are two electric and gas meters and one water meter. Rents are below market rate and are month to month. Property is located on a tree lined street...Great investment opportunity in the Historic District of Elgin. This 2 Flat Unit is a must see with a lot of possibilities! Live in one unit, rent out the other! Owner has owned the property for over 12 years. The 1st floor unit is a 3 bedroom 1 bath and currently occupied with the same tenant since 2006! The 2nd floor unit is a 2 bedroom, 1 bath. There are two electric and gas meters and one water meter. Rents are below market rate and are month to month. Property is located on a tree lined street within walking distance to the Metra Station, Riverboat Casino, Downtown, Library, and More! Property needs work and is being Sold AS IS. See City of Elgin Rental License Inspection Report. Buyer responsible for all rental license repairs.

    Sold By Casablanca

    • Listed by: Valerie Grohe 630.865.7086 mikenval@starckre.com • Berkshire Hathaway HomeServices Starck Real Estate
    • Listed by: Michael Grohe 630.364.0034 mikenval@starckre.com • Berkshire Hathaway HomeServices Starck Real Estate
    Listing closed: 06/10/2022 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11300630

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    Property Information for 389 Prairie Street

    Property Details
    • Taxes: $3,497 / year
    • MLS Type: Two to Four Units / 2 Flat
    • County: Kane County
    • Area: Elgin
    • Township: Elgin
    • Ownership: Fee Simple
    • Num Of Parking Spaces: 0.0
    • Num Of Cars: 0.0
    • Heat/Fuel: Natural Gas, Forced Air
    • Architectural Style: Colonial
    • Zoning: MULTI
    Building Information
    • Residences: 2
    • Lot Size: 0.07 AC / 2,970 SF
    General Information
    School Information
    • Elementary School District: 46
    • High School District: 46
    • Middle Or Junior School District: 46
    Addtl Parking Information
    • Parking: Space/s
    • Parking Details: Driveway
    • Parking On Site: true
    • Parking Ownership: Owned
    Property Information
    Interior Features
    • Num Of Rooms: 9
    • Bedrooms Total: 5
    • Bedrooms (Below Grade): 0
    • Community Features: Sidewalks, Street Lights, Street Paved
    • Basement Type: Full
    • Bedrooms Possible: 5
    • Basement Description: Unfinished
    • # Full Baths in Building: 2
    • # Half Baths in Building: 0
    • Num of Baths: 2.0
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Public
    • Other Equipment: CO Detectors, Ceiling Fan(s), Multiple Water Heaters
    Property/Lot Information
    • Exterior Property Features: Porch
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: Yes
    • Age: 91-100 Years
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 49.5X60
    • Total # Units in Building: 2.0
    • Waterfront: No
    • Exterior Building Type: Frame
    • Roof Type: Asphalt
    • Foundation Details: Stone
    • General Information: Historical District
    • North Coordinate: 11
    • South Coordinate: 0
    • East Coordinate: 0
    • West Coordinate: 33
    • Lot Size Source: County Records
    • 3 Br Un In Bldg: No
    Property and Assessments
    • Buyer Financing: Conventional, Cash
    • Public Document Count: 3
    • Document Date: 2022-01-18T17:56:24
    • Photos Count: 19
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Unit 1
    • Unit Type Actual Rent: $750.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 1
    • Lease Expiration Date: MTM
    Unit 2
    • Unit Type Actual Rent: $.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Lease Expiration Date: 0

    Property History for 389 Prairie Street

    DateEvent & SourcePriceAppreciation
    Jun 10, 2022

    Sold

    MRED #11300630

    $185,000—
    Apr 5, 2022

    Sold (Public Record)

    Public Record #1493098294

    $185,000

    +2.7% / yr

    Feb 20, 2022

    Contingent

    MRED #11300630

    —
    DateEvent & SourcePrice
    06/10/2022

    Sold

    MRED #11300630

    $185,000
    04/05/2022

    Sold (Public Record)

    Public Record #1493098294

    $185,000

    +2.7% / yr

    02/20/2022

    Contingent

    MRED #11300630

    —

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

    Public Records for 389 Prairie Street

    Taxable ValueLand$12,336Additions$58,462Total$70,798
    Tax Record2025$5,401 ($450 / month)
    Home Facts
    Beds5Baths2Total Finished SqFt1,848 SqFtAbove Grade Finished SqFt1,848 SqFtStories2Lot Size2,970 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated1900CountyKANEAPN06-13-376-017

    Schools near 389 Prairie 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
    Channing Memorial Elementary School
    PublicK to 6

    Ellis Middle School
    Public7 to 8

    Elgin 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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    Listing Courtesy of Berkshire Hathaway HomeServices Starck Real Estate

    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 06/10/2022 07:45 PM. 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.