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118 W North ST Elburn, IL 60119
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Key Details
Sold Price $232,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12389885
Bedrooms 3
Year Built 1943
Annual Tax Amount $6,957
Tax Year 2024
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
Area Elburn
Interior
Heating Natural Gas, Forced Air
Exterior
Roof Type Asphalt
Building
Building Description Aluminum Siding, No
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
School District 302 , 302, 302
Others
Special Listing Condition None
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Bought with Melissa Garcia • Legacy Properties
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