220 Dexter Avenue
$309,900
4
4
1,450
1,450
$214
Description
Here's an excellent investment property opportunity in the heart of Downtown Elgin, offering several standout features: Prime Location: Situated in the vibrant downtown area, this property is highly appealing to renters, thanks to its proximity to amenities, transportation, and potential employment hubs. Income Growth Potential: The basement unit offers exciting renovation possibilities. Converting it into a fourth rentable space could significantly boost the property's earning potential. Recent...Here's an excellent investment property opportunity in the heart of Downtown Elgin, offering several standout features: Prime Location: Situated in the vibrant downtown area, this property is highly appealing to renters, thanks to its proximity to amenities, transportation, and potential employment hubs. Income Growth Potential: The basement unit offers exciting renovation possibilities. Converting it into a fourth rentable space could significantly boost the property's earning potential. Recent Upgrades: Major updates, including a new roof (2021), gutters, chimney rebuild, sewer line, and water heaters (2023), enhance the property's value. These improvements reduce the likelihood of costly repairs and make the property more attractive to tenants and buyers alike. City of Elgin will fix front landscaping and front section of cement driveway come spring. Future City Enhancements: Planned city infrastructure upgrades, such as lead pipe replacements, will ensure improved water quality for tenants and enhance the property's long-term desirability. Don't miss this fantastic chance to grow your investment portfolio!
- Listed by Vickie Soupos • Fulton Grace Realty
Property Details for 220 Dexter Avenue
Area
Elgin
TownshipElgin
OwnershipFee Simple
Num Of Garage Spaces2.0
Num Of Parking Spaces2.0
Parking Included in PriceYes
Heat/FuelRadiant
ZoningMULTI
LISTING UPDATED: 01/15/2025 02:01 AM
Property Details for 220 Dexter Avenue
Status | Active |
---|---|
MLS # | 12266014 |
Days on Market | 9 |
Taxes | $5,967 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 4 Flat |
Year Built | 1880 |
Lot Size | 0.14 AC / 6,098 SF |
County | Kane County |
Building Information for 220 Dexter Avenue
Stories-Residences4Year Built1880Building Size-Lot Size0.14 AC / 6,098 SF
Property Information for 220 Dexter Avenue
Property History for 220 Dexter Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 220 Dexter Avenue
Taxable ValueLand$11,785Additions$70,053Total$81,838
Tax Record2023$6,976 ($581 / month)
Home Facts
Beds4Total Finished SqFt2,032 SqFtAbove Grade Finished SqFt2,032 SqFtStories2Lot Size6,350 SqFtStyleSingle Family ResidenceYear Built1880CountyKANEAPN06-13-151-009
Schools near 220 Dexter Avenue
This home is within School District U-46.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Ronald D O'Neal Elementary School PublicK to 6 | ||
Kimball Middle School Public7 to 8 | ||
Larkin High School Public9 to 12 | ||
Central School Program Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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