Active
220 Dexter Avenue
Elgin IL, 60120
$309,900
Active
4 Beds
4 Baths
Multi-family
Built in 1880
Courtesy of Fulton Grace Realty
Here's an excellent investment property opportunity in the heart of Downtown Elgin, offering several standout features: **Prime Location:** Situated in the vibrant downtown area, this property is highly appealing to renters, thanks to its proximity to amenities, transportation, and potential employment hubs. **Income Growth Potential:** The basement unit offers exciting renovation possibilities. Converting it into a fourth rentable space could significantly boost the property's earning potential. **Recent Upgrades:** Major updates, including a new roof (2021), gutters, chimney rebuild, sewer line, and water heaters (2023), enhance the property's value. These improvements reduce the likelihood of costly repairs and make the property more attractive to tenants and buyers alike. City of Elgin will fix front landscaping and front section of cement driveway come spring. **Future City Enhancements:** Planned city infrastructure upgrades, such as lead pipe replacements, will ensure improved water quality for tenants and enhance the property's long-term desirability. Don't miss this fantastic chance to grow your investment portfolio!
12266014
MLSⓇ ID
January 7, 2025
Listed
January 15, 2025
Updated
Map
220 Dexter Avenue
Elgin IL, 60120
Interior Features
Bedrooms
4
Total Bathrooms
4
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Radiant
Exterior/Building Features
Lot Size
0.14 Acres
Roof
Asphalt
Sewer
Public Sewer
School Information
School District
46
High School
Larkin High School
Elementary School
Hillcrest Elementary School
Other Property Details
Area Name
Elgin
Taxes
$5,967
Tax Frequency
Annually
Days on Market
9
Garage
Yes
Garage Spaces
2
Parking Total
2
View
No
County
Kane
Municipality
Elgin
Water Source
Lake Michigan
Pool
No
Zoning
MULTI
Courtesy of Fulton Grace Realty, Vickie Soupos,
Listing Contact: 630-965-6000
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Michelle Collingbourne are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 1/15/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and 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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 8:36 AM UTC, 1/15/2025
