Skip To Content
    Return to Previous Page

    12 N State Street

    Elgin, IL 60123
    • $265,000
    • STATUS: Active
    • ON SITE: 191 days
    • MLS #: 10776922
    UPDATED: 53 min ago
    $265,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,500
      SQFT
    • $76
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    Great armchair investment! Fully renovated building! 1 commercial store front leased to Boost Mobile and 1 residential unit with full renovation and sprinkler system (per code) in place. Great location, great income with these great tenants! Prime downtown Elgin location. 2+ years remaining on both leases. True armchair investment! Nothing to do but just collect the rents. Current owner has updated the building completely.

    Monthly Payment Calculator



    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2021-01-18T19:52:04.74 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
    www.bnrealty.com/homes/107724011
    Print Image

    12 N State Street Elgin, IL 60123

    • Price: $265,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 10776922
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    3,500
    SQFT
    $76
    $/SQFT
    1950
    Built
    Neighborhood:
    Elgin
    County:
    Kane
    Area:
    Elgin
    Property Description
    Great armchair investment! Fully renovated building! 1 commercial store front leased to Boost Mobile and 1 residential unit with full renovation and sprinkler system (per code) in place. Great location, great income with these great tenants! Prime downtown Elgin location. 2+ years remaining on both leases. True armchair investment! Nothing to do but just collect the rents. Current owner has updated the building completely.
    Exterior Features

    Parking Total 0

    Interior Features

    Cooling Central Air Electric Circuit Breakers Fire Protection Sprinklers-Wet Heat Ventilation Forced Air Number Of Apts 1 Number Of Offices 0 Number Of Stores 1

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Electric Expense 0 Fuel Expense 0 Geographic Locale Chicago Northwest Gross Income 31200 Gross Scheduled Income 31200 Insurance Expense 0 Lot Size Dimensions 25X125 Operating Expense 3755 Other Expense 0 Tax Annual Amount 3755.3 Tax Year 2018 Tenant Pays Common Area MaintenanceElectricityHeatJanitorial ServiceTaxesInsuranceRepairs Total Monthly Income 2600 Trash Expense 0 Water Sewer Expense 0 Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of 7 Hill Real Estate, INC..


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2021-01-18T19:52:04.74 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10776922-2.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10776922-2.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10776922-2.jpg
    Logo
    BNRealty | RE/MAX Rising
    501 S Towanda Barnes, Suite 2
    Bloomington IL, 61705