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408 E Chicago Street Elgin, IL 60120 Multi Unit - Multiple New

New - 34 Hours Ago
  • 408 E Chicago Street, Elgin, IL 60120 Main Photo

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Description

Great investment opportunity! This well-maintained 4-unit building offers strong income potential! Recent updates include a newer water heater and driveway, exterior painted 2024 with the roof replaced in recent years (exact date unknown). The property features ample parking perfect for tenants and is conveniently located near downtown, providing easy access to shopping, dining, and amenities. Whether you're looking to expand your portfolio or secure a solid income-producing asset, this is one you don't want to miss!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 6
Bathrooms: 4
County: Kane
High School: Elgin High School
Listed By:
Realty of America, LLC 708-768-7412
MRED MLS
$509,900
Est. $3,338/mo
6beds
4baths
2cars
New to the Market New
BEDS6 BATHS4 full MLS#12598511
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 46

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408 E Chicago Street, Elgin, IL 60120.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $509,900$509,900$509,900
Down Payment $101,980$17,847$127,475
Monthly Mortgage Amount $2,479$3,002$3,150
Taxes $710$710$710
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$224$0
Monthly Estimated Total $3,338$4,085$4,009

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