356-358 N SPRING ST new Save Request In-Person Tour Request Virtual Tour
Elgin,IL 60120
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12445013
Style Victorian
Bedrooms 6
Year Built 1910
Annual Tax Amount $7,394
Tax Year 2024
Lot Dimensions 90X83
Property Sub-Type Two to Four Units
Property Description
Don't miss out on this great investment opportunity and a great addition to your investment portofio - live in one unit and rent out the other unit! Ideally located in the Elgin, Spring-Douglas historic district you have a VICTORIAN, 2 unit side by side duplex apartment building, within minutes to the Gail Borden Public Library, vibrant downtown area along the Fox river. Each unit has 3 bedrooms, 1.1bath with a separate large living room, separate spacious kitchen and dining room and direct access to a full walkout separate basement. Both units have a separate front and rear/side entrance. The south #356 Spring St unit is freshly painted and updated with kitchen cabinets, granite countertops, refinished hardwood floors, stainless steel appliances including white faux wood blinds, 2 ceiling fans, open office area and also has two spacious enclosed porch sitting room! Not to mention the basement has finished extra rooms for storage, office and a rec area too, plus a newer washer/dryer. There is off street easement driveway ( recorded document 96K089782 and 2013K067786) of #360 N Spring to access the 2 parking spaces and the basements. Driveway belongs to and is maintained by #360 N Spring St. The large adjacent lot on the corner of Spring and Ann street belongs to this property and is perfect for gardening, possible expansion or other great viable ideas! The north end #358 unit off Spring St is updated a few years ago and has unfinished basement, both units have similar layout except living room of 358 is smaller when compared to 356. Both units have separate furnaces, water/sewer, water heater and other utilities. Both units also have a walkup access to the unfinished attic. Building's exterior is original except for the roof/gutters replaced within the last 10 years. Electric (100 amp service to each unit ) and copper plumbing has been updated. Exterior paint and windows are "As Is"! This building is near the heart of downtown Elgin with the Grand Victoria Casino, schools, bus routes, train, riverwalk, Elgin Museum, parks, I90, Rt31/Rt25, shopping, golf courses within minutes drive. This property has fantastic income potential and generally a solid investment for years to come! Set up a showing today! Property is controlled by the Historic district rules and the owner must follow the District's rules!
Location
State IL
County Kane
Area Elgin
Zoning MULTI
Rooms
Basement Unfinished,Full
Interior
Heating Natural Gas,Forced Air
Equipment CO Detectors,Ceiling Fan(s),Multiple Water Heaters,Water Heater-Gas
Fireplace N
Exterior
Community Features Curbs,Sidewalks,Street Paved,Street Lights
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Cedar, No
Sewer Public Sewer
Water Public
Structure Type Cedar
New Construction false
Schools
Elementary Schools Sheridan Elementary School
Middle Schools Larsen Middle School
High Schools Elgin High School
School District 46 ,46, 46
Others
Ownership Fee Simple
Special Listing Condition None