408 East Chicago Street

Elgin, IL 60120

$390,000
Last Sold Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

$5300 Potential gross monthly income. Currently $4100, with one unit vacant. Improvements include new boiler, (19') newer appliances, updated baths and kitchens, paint and more. Call/email listing agent for more info. Rent roll to be emailed upon request.$5300 Potential gross monthly income. Currently $4100, with one unit vacant. Improvements include new boiler, (19') newer appliances, updated baths and kitchens, paint and more. Call/email listing agent for more info. Rent roll to be emailed upon request.

    Sold By asquared Realty LLC

    Property Details for 408 East Chicago Street

    Area
    Elgin
    Township
    Elgin
    Ownership
    Fee Simple
    Num Of Garage Spaces
    2.0
    Num Of Parking Spaces
    6.0
    Num Of Cars
    8.0
    Parking Included in Price
    Yes
    Heat/Fuel
    Natural Gas, Hot Water/Steam, Radiator(s)

    Location

    Add your commute
    LISTING UPDATED: 07/12/2023 12:50 PM

    Property Details for 408 East Chicago Street

    StatusClosed
    MLS #11745554
    Days on Market108
    Taxes$7,246 / year
    HOA Fees-
    Condo/Co-op Fees-
    Compass TypeMulti Family
    MLS TypeTwo to Four Units / 4 Flat
    Year Built1920
    Lot Size-
    CountyKane County

    Location

    Add your commute

    Building Information for 408 East Chicago Street

    Stories-Residences4Year Built1920Building Size-Lot Size-

    Payment Calculator

    $2,732 per month

    30 year fixed, 7.25% Interest

    Principal and Interest

    $2,128

    Property Taxes

    $604

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

    Property Information for 408 East Chicago Street

    General Information
    School Information
    • Elementary School District: 46
    • Elementary School: Channing Memorial Elementary Sch
    • Jr High Middle School: Ellis Middle School
    • High School District: 46
    • High School: Elgin High School
    • Middle Or Junior School District: 46
    Addtl Parking Information
    • Garage On Site: true
    • Garage Ownership: Owned
    • Garage Type: Detached
    • Parking: Garage, Space/s
    • Parking Details: Unassigned, Off Alley, Driveway, Alley Access, Rear/Side Entry
    • Parking On Site: true
    • Parking Ownership: Owned
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Num Of Rooms: 19
    • Bedrooms (Below Grade): 0
    • Community Features: Sidewalks, Street Lights, Street Paved
    • Basement Type: Full
    • Bedrooms Possible: 6
    • Basement Description: Unfinished, Exterior Access
    • # Full Baths in Building: 4
    • # Half Baths in Building: 0
    • Num of Baths: 4.0
    Utilities / Equipment
    • Sewer: Sewer-Public, Sewer-Storm
    • Water: Public
    • Other Equipment: Water Heater-Gas
    Property/Lot Information
    • Exterior Property Features: Balcony, Deck, Porch, Roof Deck, Storms/Screens
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: Yes
    • Rehab Year: 2019
    • Built Before 1978: Yes
    • Age: 100+ Years
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 63X143X65X144
    • Total # Units in Building: 4.0
    • Waterfront: No
    • Exterior Building Type: Stucco
    • Roof Type: Asphalt
    • Foundation Details: Block, Stone
    • General Information: School Bus Service,Commuter Bus,Commuter Train,Historical District
    • Lot Size Source: County Records
    • 3 Br Un In Bldg: No
    • Conversion: N
    Property and Assessments
    • Buyer Financing: Conventional, Contract, Owner May Help/Assist, Purchase Money Mortgage, Rewrite/Blend, Cash
    • Public Document Count: 4
    • Document Date: 2023-04-14T23:27:53
    • Photos Count: 1
    • Deconversion: N
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Green Features
    • Green Energy Efficient: Low flow commode, Low flow fixtures
    Multi Family
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $2,400.00
    • Gross Income: $63,600.00
    • Insurance Expense: $3,900.00
    • Electric Expense Source: Actual
    • Fuel Expense Source: Owner Projection
    • Insurance Expense Source: Owner Projection
    • Water Expense Source: Owner Projection
    • Net Operating Income: $46,453.00
    • Water Sewer Expense: $3,600.00
    Unit 1
    • Unit Type Actual Rent: $.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 1
    • Lease Expiration Date: XX/XX
    Unit 2
    • Unit Type Actual Rent: $1,400.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Lease Expiration Date: MO/MO
    Unit 3
    • Unit Type Actual Rent: $1,500.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Lease Expiration Date: MO/MO
    Unit 4
    • Unit Type Actual Rent: $1,200.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 4
    • Lease Expiration Date: MO/MO

    Property History for 408 East Chicago Street

    DateEvent & SourcePriceAppreciation
    DateEvent & SourcePrice

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

    Schools near 408 East Chicago 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 - 9 to 12
    Rating
    School
    Distance
    Channing Memorial Elementary School
    PublicK to 6

    Ellis Middle School
    Public7 to 8

    Elgin High School
    Public9 to 12

    Phoenix
    Public9 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.

    Similar Homes

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of eXp Realty, LLC

    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. Based on information submitted to the MLS GRID as of 07/12/2023 12:50 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.