6 North State Street

Closed 4/10/20
Closed 4/10/20
Gallery Image 1
Sold
Last Sold Price
$223,000
3 beds2,900 sqft

6 N State St, Elgin, IL 60123

Multi FamilyProperty Type
0.04 acresLot Size
1900Year Built
$77/sq ftPrice per sq ft

Description

Excellent opportunity to open your own business without paying rent for your office space! These 2 rentals pay your mortgage (or you can rent the office space for at least $900 per month). One apartment has 2 bedrooms 1 bath and the other apartment has 1 bedroom 1 bath. Rentals make $1,898 per month. Both apartments are rented until january-february 2021. Tenants pay electricity. 1450 sf storefront with high visibility for your business where hundreds of cars transit everyday plus huge basement for...Excellent opportunity to open your own business without paying rent for your office space! These 2 rentals pay your mortgage (or you can rent the office space for at least $900 per month). One apartment has 2 bedrooms 1 bath and the other apartment has 1 bedroom 1 bath. Rentals make $1,898 per month. Both apartments are rented until january-february 2021. Tenants pay electricity. 1450 sf storefront with high visibility for your business where hundreds of cars transit everyday plus huge basement for your storage needs. Brick building in great conditions. Walking distance to train station, dining and all downtown amenities. Come and see it!

    Sold By Class Realtors

    • Listed by: Ignacio Alvarez 847.754.5950 am60123@yahoo.com • Class Realtors
    Listing closed: 04/10/2020 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10659542
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    Recent comparable sales

    Median sold price

    $250,000

    Avg days on market

    27

    Sale-to-list ratio

    101.0%

    Elgin, IL

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    512 West Chicago Street, Unit 2, Elgin, IL 60123

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    Property Taxes

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    Property Information for 6 North State Street

    Property Details

    • Taxes: $3,402 / year
    • MLS Type: Two to Four Units / 2 Flat
    • County: Kane County
    • Area: Elgin
    • Township: Elgin
    • Ownership: Fee Simple
    • Num Of Cars: 0.0
    • Heat/Fuel: Natural Gas, Hot Water/Steam, Radiator(s)
    • Zoning: MULTI

    Building Information

    • Residences: 3
    • Year Built: 1900
    • Lot Size: 0.04 AC / 1,742 SF

    General Information

    School Information
    • Elementary School District: 46
    • High School District: 46
    • Middle Or Junior School District: 46
    Addtl Parking Information
    • Parking: None

    Property Information

    Interior Features
    • Num Of Rooms: 10
    • Bedrooms Total: 3
    • Bedrooms (Below Grade): 0
    • Basement Type: Full
    • Bedrooms Possible: 3
    • Basement Description: Unfinished
    • # Full Baths in Building: 2
    • # Half Baths in Building: 2
    • Num of Baths: 2.2
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Public
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: Yes
    • Age: 100+ Years
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 22X90
    • Total # Units in Building: 3.0
    • Waterfront: No
    • Exterior Building Type: Brick
    • Roof Type: Flat
    • Foundation Details: Stone
    • General Information: School Bus Service,Commuter Bus,Commuter Train
    • 3 Br Un In Bldg: No
    Property and Assessments
    • Buyer Financing: Conventional, Cash
    • Public Document Count: 0
    • Photos Count: 19
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No

    Multi Family

    Income & Expenses
    • Gross Income: $33,576.00
    • Net Operating Income: $31,826.00
    • Other Expenses $: 1750
    Unit 1
    • Unit Type Baths Total: 2
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 1
    • Total Sq Ft - Unit 1: 1450
    • Floor # - Unit 1: 1
    • # Of Rooms - Unit 1: 4
    • # Half Baths-Unit 1: 2
    • # Full Baths-Unit 1: 0
    • Appliances/Features Unit 1: None
    • Sec Deposit $ - Unit 1: NONE
    • Tenant Pays - Unit 1: Electric
    Unit 2
    • Unit Type Actual Rent: $1,099.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Total Sq Ft - Unit 2: 800
    • Floor # - Unit 2: 2
    • # Of Rooms - Unit 2: 4
    • # Half Baths-Unit 2: 0
    • # Full Baths-Unit 2: 1
    • Appliances/Features Unit 2: Stove, Refrigerator
    • Lease Exp Date (Mo/Yr) - Unit 2: 01-21-2026
    • Sec Deposit $ - Unit 2: 1099
    • Tenant Pays - Unit 2: Electric
    Unit 3
    • Unit Type Actual Rent: $799.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 3
    • Total Sq Ft - Unit 3: 650
    • Floor # - Unit 3: 2
    • # Of Rooms - Unit 3: 2
    • # Half Baths-Unit 3: 0
    • # Full Baths-Unit 3: 1
    • Appliances/Features Unit 3: Stove, Refrigerator
    • Lease Exp Date (Mo/Yr) - Unit 3: 02-21-2026
    • Sec Deposit $ - Unit 3: 799
    • Tenant Pays - Unit 3: Electric

    Property History for 6 North State Street

    DateEvent & SourcePriceAppreciation
    Apr 10, 2020

    Sold

    MRED #10659542

    		$223,000—
    Apr 2, 2020

    Sold (Public Record)

    Public Record #670884965

    		$223,000

    +4.3% / yr

    Mar 10, 2020

    Pending

    MRED #10659542

    		—
    DateEvent & SourcePrice
    04/10/2020

    Sold

    MRED #10659542

    $223,000
    04/02/2020

    Sold (Public Record)

    Public Record #670884965

    $223,000

    +4.3% / yr

    03/10/2020

    Pending

    MRED #10659542

    —

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

    Public records

    6 North State Street

    Total Finished SqFt

    2,904 SqFt

    Above Grade Finished SqFt

    2,904 SqFt

    Lot Size

    1,980 SqFt

    Style

    Miscellaneous Commercial

    County

    KANE

    APN

    06-14-406-011

    Schools near 6 North State Street

    This home is within School District U-46.
    Rating
    School
    Type
    Grades
    Distance
    Washington Elementary School
    		Public - PK to 6
    Abbott Middle School
    		Public - 7 to 8
    Larkin High School
    		Public - 9 to 12
    Central School Program
    		Public - 6 to 12
    Rating
    School
    Distance
    Washington Elementary School
    PublicPK to 6

    Abbott 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: 6 North State Street, Elgin, IL 60123
    $223,000
    3
    2,900
    1,742
    810 North State Street, Elgin, IL 60123
    $230,000
    –
    –
    5,808
    –
    8-10 North State Street, Elgin, IL 60123
    $230,000
    –
    –
    –
    3,920
    12 North State Street, Elgin, IL 60123
    $200,000
    –
    –
    2,904
    –
    210 West Chicago Street, Elgin, IL 60123
    $195,000
    –
    –
    3,131
    –
    212 West Chicago Street, Elgin, IL 60123
    –
    –
    –
    4,386
    –

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    Listing Courtesy of Class Realtors

    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 08:57 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.