1. Illinois
2. Elgin
3. 624 South Street

624 South Street, Elgin, IL 60123

• 4 beds |
• 2 baths

Property Description

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! MAI appraisal on file!!!

Listing Status:

Active

Listing Office:

Inspire Realty Group LLC : 847-338-0506

Listing Agent:

Richard Grieger : 847-338-0506

MLS ID:

12406763

Interior

• Master Bath: Accessible ShowerSoaking Tub
• Basement: UnfinishedStone/RockStorage SpaceWalk-Up AccessFullWalk-Out Access
• Heating: Natural GasForced Air

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Richard Grieger, Inspire Realty Group LLC