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$ 242,500
Est. payment /mo
New
118 W North Street Elburn, IL 60119
3 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12389885
Bedrooms 3
Year Built 1943
Annual Tax Amount $6,957
Tax Year 2024
Lot Dimensions 60 X 107.17 X 60 X 107.26
Property Sub-Type Two to Four Units
Property Description
Opportunity is knocking here! This property's location, one block off main street, offers great potential for becoming a great business/office/retail space. (see photos for commercial concept) OR continue its current use as a cash flowing income producing rental with a 7.7% cap rate! Offering good current cash flow and with the potential of becoming a great business/office/retail space, how can you go wrong with either use?
Location
State IL
County Kane
Rooms
Basement Unfinished, Partial
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
School District 302, 302, 302
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Thomas Vierig • Castle View Real Estate