342-50 S Belmont Avenue, ELGIN IL 60123 Photo 1 342-50 S Belmont Avenue, ELGIN IL 60123 Photo 2 342-50 S Belmont Avenue, ELGIN IL 60123 Photo 3 342-50 S Belmont Avenue, ELGIN IL 60123 Photo 4 342-50 S Belmont Avenue, ELGIN IL 60123 Photo 5 342-50 S Belmont Avenue, ELGIN IL 60123 Photo 6 342-50 S Belmont Avenue, ELGIN IL 60123 Photo 7 342-50 S Belmont Avenue, ELGIN IL 60123 Photo 8 342-50 S Belmont Avenue, ELGIN IL 60123 Photo 9 342-50 S Belmont Avenue, ELGIN IL 60123 Photo 10 342-50 S Belmont Avenue, ELGIN IL 60123 Photo 11 342-50 S Belmont Avenue, ELGIN IL 60123 Photo 12 342-50 S Belmont Avenue, ELGIN IL 60123 Photo 13
Listing Courtesy of Berkshire Hathaway Homeservices Biros Real Estate

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342-50 S Belmont Avenue - Amazing opportunity! Rarely available 5-unit includes: 4-townhouse units and large apartment over a built-in 4-car garage. 3 units rented at $25 & 1 owner used for storage. Spacious units. Separate GFA/CAC per unit, additional bathrooms and updated maintenance free exterior. Townhouse units in very high demand!

Listing information

  • MLS® ID: 09349408
  • Status: Active
  • New Construction: No
  • County: Kane
  • Style: Multi-Family
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1979
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $12,934

Features

Air Conditioning Central Air
Approximate Age 36-50 Years
Assessment Includes None
Basement Description Partially Finished
Built Before 1978 (Y/N) No
Current Use Residential-Multi-Family
Electrical Service Circuit Breakers
Exterior Building Type Vinyl Siding
Fire Protection None
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street
Heat/Ventilation Forced Air, Gas, Separate Per Unit
Indoor Parking 1-5 Spaces
Information 24-Hr Notice Required, Show-Call Listing Office
Known Encumbrances None Known
Land Amenities Lighting/Exterior, Sidewalks
Misc Outside Balcony/ies
Other # Of Ranges - 5, # Of Refrigs - 5, # Of Units - 5, Electricity Expense - 0, Fuel Expense - 0, Gross Rent Multiplier - 8.68, Gross Rental Income $ - 57000, Insurance Expense - 3000, Janitor Expense - 2400, Net Oper Income $ - 48500, Net Operating Income Year - 2015, Other Expenses - 1000, Repairs-Decor Expense - 2100, Scavenger Expense - 0, Tax Year - 2015, Total Annual Exp - 8500, Total Annual Income - 57000, Total Monthly Income - 4750, Township - Elgin, Water Expense - 0, Zoning Type - Multi
Outdoor Parking 1-5 Spaces
Ownership Type Limited Liability Corp
Possession Closing
Potential Use Residential-Multi-Family
Property Type Multi Family 5+
Roof Coverings Shingle Composition
Roof Structure Gable, Pitched
Sale Terms Cash Only, Conventional
Tenant Pays Air Conditioning, Electric, Heat
Type Multi-Family Other
Utilities To Site Sewer-Storm Available, Water-Municipal
Listing Courtesy of Berkshire Hathaway Homeservices Biros Real Estate