85 South Crystal Street
85 South Crystal Street
$2,250,000
24
15
—
—
—
Contingent
Description
Presenting a prime investment opportunity featuring a 3-story, 15-unit apartment building; mix of (6) 1 Bed/1 Bath and (9) 2 Bed/1 Bath. All units are accessible from exterior and interior entrances. The units are finished with laminate flooring , eat-in kitchens, spacious bathrooms, and sleeve air conditioners. There are (9) units with baseboard heat and (6) units with its own individual furnace; tenants pay electric and gas. In addition, the full basement accommodates laundry facilities, mechanical...Presenting a prime investment opportunity featuring a 3-story, 15-unit apartment building; mix of (6) 1 Bed/1 Bath and (9) 2 Bed/1 Bath. All units are accessible from exterior and interior entrances. The units are finished with laminate flooring , eat-in kitchens, spacious bathrooms, and sleeve air conditioners. There are (9) units with baseboard heat and (6) units with its own individual furnace; tenants pay electric and gas. In addition, the full basement accommodates laundry facilities, mechanical systems, utility meters, and storage space for both tenants and the owner. The property is nearly one-acre with a generously sized front lot, providing the potential for future development or expansion. This building offers investors to add value with minimal investment, as major mechanical upgrades and essential updates have already been completed. Improvements: New Asphalt Parking Lot (2023); New Dumpster Enclosure (2023); New Plumbing For Boiler (2022); New Hot Water Heater (2022); Installed Laundry Machines (2022); New Dollar Bill To Coin Exchanger (2022). Located near downtown Elgin offering convenient access to the Metro station, Elgin Community College, Grand Victoria Casino, The Fox River and I-90.
Property Details for 85 South Crystal Street
Area
Elgin
TownshipElgin
ZoningMULTI
Location
LISTING UPDATED: 05/02/2024 06:39 PM
Property Details for 85 South Crystal Street
Status | Contingent |
---|---|
MLS # | 11920303 |
Days on Market | 182 |
Taxes | $33,229 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Corridor-Exterior Entrance |
Year Built | 1972 |
Lot Size | 0.79 AC / 34,412 SF |
County | Kane County |
Location
Building Information for 85 South Crystal Street
Stories-Residences15Year Built1972Building Size-Lot Size0.79 AC / 34,412 SF
Payment Calculator
$15,048 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 85 South Crystal Street
Property History for 85 South Crystal Street
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 85 South Crystal Street
Taxable ValueLand$47,435Additions$335,789Total$383,224
Tax Record2022$33,230 ($2,769 / month)
Home Facts
Total Finished SqFt11,340 SqFtAbove Grade Finished SqFt11,340 SqFtStories3Lot Size34,553 SqFtStyleMulti-Family Res (5+ Units)Year Built1972CountyKANEAPN06-14-429-005
Schools near 85 South Crystal 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 - | 8 to 12 |
Rating | School | Distance |
---|---|---|
Washington Elementary School PublicK to 6 | ||
Abbott Middle School Public7 to 8 | ||
Larkin 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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