522 Douglas Avenue
522 Douglas Avenue
$197,000
5
2
—
—
—
Closed 4/5/21
Description
This historic 2-unit property is nestled in between Elgin's popular Gold Coast neighborhood and downtown Elgin. The location of this property is sure to keep your vacancy rates down. Just minutes from I90, downtown Elgin, RT25, RT31, and the Metra, transportation surrounds this property. Current rents total $1,900/mo, which should create positive cash flow for the next owner. Rents can likely be increased to meet market values. Both units are currently occupied - one of them is on a month-to-month....This historic 2-unit property is nestled in between Elgin's popular Gold Coast neighborhood and downtown Elgin. The location of this property is sure to keep your vacancy rates down. Just minutes from I90, downtown Elgin, RT25, RT31, and the Metra, transportation surrounds this property. Current rents total $1,900/mo, which should create positive cash flow for the next owner. Rents can likely be increased to meet market values. Both units are currently occupied - one of them is on a month-to-month. The property has a brand new boiler, a large fenced yard, 2 car garage, and a basement.
- Listed by Andrew Stoll • Stoll Real Estate
Sold By Luna Real Estate Inc.
Property Details for 522 Douglas Avenue
Area
Elgin
TownshipElgin
OwnershipFee Simple
Num Of Garage Spaces2.0
Num Of Parking Spaces2.0
Num Of Cars4.0
Parking Included in PriceYes
Heat/FuelRadiator(s)
Location
LISTING UPDATED: 05/05/2021 10:31 AM
Property Details for 522 Douglas Avenue
Status | Closed |
---|---|
MLS # | 10959839 |
Days on Market | 74 |
Taxes | $5,618 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Flat |
Year Built | 1888 |
Lot Size | 0.24 AC / 10,454 SF |
County | Kane County |
Location
Building Information for 522 Douglas Avenue
Stories-Residences2Year Built1888Building Size-Lot Size0.24 AC / 10,454 SF
Payment Calculator
$1,543 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 522 Douglas Avenue
Property History for 522 Douglas Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 522 Douglas Avenue
Taxable ValueLand$13,661Additions$57,083Total$70,744
Tax Record2022$5,614 ($468 / month)
Home Facts
Beds6Total Finished SqFt2,562 SqFtAbove Grade Finished SqFt2,562 SqFtStories2Lot Size10,342 SqFtStyleSingle Family ResidenceYear Built1888CountyKANEAPN06-11-480-007
Schools near 522 Douglas Avenue
This home is within School District U-46.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 8 to 12 |
Rating | School | Distance |
---|---|---|
Mckinley Elementary School PublicPK to 6 | ||
Larsen Middle School Public7 to 8 | ||
Elgin High School Public9 to 12 | ||
Central School Program Public8 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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