624 South Street, Elgin, IL

$424,000

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4

Beds

2

Baths

0.42

Acres

About 624 South Street

This is the investment opportunity you've been waiting for! Seller just completed a total tear-off roof replacement last week and has priced it to sell! Whether you're an investor, owner-occupant, or contractor, this property offers unmatched flexibility and value: 2 Spacious Units; Live in one and rent the other, or rent both and the garages for serious income. Fully Functional Garage Building - Situated at the rear of the lot with electric, gas, and water lines (gas & water currently capped off). Features 3 overhead doors (with room to add a 4th), a main-floor office/storage room, and an unfinished but floored upper level-perfect for a workshop or storage. Updated Mechanical Systems - Both units have 1.5-year-old GFA furnaces and central AC. Energy Efficient - Triple insulation in all exterior walls and nearly all newer thermo type windows; Shared Basement Access - Central staircase leads to a clean, shared basement with hookups for two sets of washers and dryers. Owner pays water/sewer; tenants pay gas and electric. Zoned and set up for success, this property offers endless income potential with minimal overhead. Whether you're looking to expand your portfolio, or create the perfect live/work setup, this is the one!

Features of 624 South Street

MLS® # 12406763
Price $424,000
Bedrooms 4
Bathrooms 2.00
Acres 0.42
Year Built 1900
Type Residential Income
Sub-Type Two to Four Units
Style Queen Anne
Status Active

Community Information

Address 624 South Street
Area Elgin
Subdivision Jc and Wh Kimballs
City Elgin
County Kane
State IL
Zip Code 60123

Amenities

Parking Spaces 4
Parking Garage Door Opener, On Site, Garage Owned, Detached, Garage
# of Garages 4
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement Yes
Basement Unfinished, Stone/Rock, Storage Space, Walk-Up Access, Full, Walk-Out Access

Exterior

Exterior Aluminum Siding
Lot Description Landscaped, Wooded, Level
Roof Asphalt
Foundation Other

School Information

District 46
Elementary Washington Elementary School
Middle Kimball Middle School
High Larkin High School

Additional Information

Days on Market 99
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeInspire Realty Group LLC
Contact Infochris@inspirerealtygroup.com

Listing Map

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