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Listed price in listed location currency (USD).
$255,000
$270,000

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MLS® 12307747

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $4,881
Lot Size 
Approx. Age 1865
MLS® Number 12307747

Property Address: 167 Cherry St, ELGIN, IL, 60120-4117

Average square foot calculated using Size range provided by listing agent.

Description

This 2-unit property presents a fantastic investment opportunity. With the same tenants happily residing for 2 years and eager to stay, the property offers steady rental income. Recent improvements include updated plumbing in 2024, ensuring modern sewer piping. Both units feature new appliances, including refrigerators, water heaters, and stoves, and were remodeled prior to the current tenants' move-in. Tenants pay their own gas and electric, while the owner covers the water bill. Each unit also comes with a detached garage, providing added value. With these updates and reliable tenants, this property is a great long-term investment.
MLS® Number12307747
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1865
BasementFinished, Full
DrivewayOn Site, Garage Owned, Detached, Garage
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

May 1, 2025End Date
$255,000Sold Price

Sold

Mar 12, 2025List Date
$270,000List Price
  • Commute

Commute

Starting Address
Destination Address
167 Cherry St, ELGIN, IL

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