85 Crystal Street

    Elgin, IL 60123
    • $975,000
    • STATUS: Active Under Contract
    • ON SITE: 114 days
    • MLS #: 09843710
    Under Contract
    UPDATED: 13 min ago
    $975,000
    • 0
      BEDS
    • 0.77
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:
    Area:

    School Ratings & Info

    Description

    WELL CARED FOR 15 UNIT APARTMENT BUILDING WITH NINE 2 BEDROOM AND SIX 1 BEDROOM UNITS. NEW $40,000 ROOF IN 2017, MORE THAN HALF OF THE UNITS HAVE BEEN UPDATED. LARGE LOT WITH POTENTIAL FUTURE DEVELOPMENT. 2 WASHERS AND 2 DRYERS PROVIDE ADDITIONAL INCOME. USING A 10% VACANCY FACTOR STILL YIELDS A 10.05% CAP RATE. CURRENTLY BUILDING FULL AND PRICED TO SELL!

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Baz Realty Network | Keller Williams Preferred Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Baz Realty Network | Keller Williams Preferred Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-05-24T07:51:32.31.

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    www.bazrealtynetwork.com/homes/80341258

    85 Crystal Street Elgin, IL 60123

    • Price: $975,000
    • Status: Active Under Contract
    • Updated: 13 min ago
    • MLS #: 09843710
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.77
    Acres
    1972
    Built
    Neighborhood:
    Elgin
    County:
    Kane
    Area:
    Elgin
    Property Description
    WELL CARED FOR 15 UNIT APARTMENT BUILDING WITH NINE 2 BEDROOM AND SIX 1 BEDROOM UNITS. NEW $40,000 ROOF IN 2017, MORE THAN HALF OF THE UNITS HAVE BEEN UPDATED. LARGE LOT WITH POTENTIAL FUTURE DEVELOPMENT. 2 WASHERS AND 2 DRYERS PROVIDE ADDITIONAL INCOME. USING A 10% VACANCY FACTOR STILL YIELDS A 10.05% CAP RATE. CURRENTLY BUILDING FULL AND PRICED TO SELL!
    Exterior Features

    Frontage Access City Street Lot Dimensions 250 X 135 Number Of Parking Spaces 30

    Interior Features

    Air Conditioning Wall Sleeve Basement Description Unfinished Fire Protection Fire Extinguisher/SSmoke Or Fire Protectors Miscellaneous Inside Storage InsideLaundry Room Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 1 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Dryers 2 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Ranges 15 Number Of Refrigs 15 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 3 Number Of Rooms Unit2 4 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Stories 3 Number Of Units Apt Type1 6 Number Of Units Apt Type2 9 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 2 Repairs Decor Expense 7100

    Property Features

    Age 36-50 Years Built Before1978 YN Yes Contingency Flag Attorney/Inspection Current Use Residential-Multi-Family Electric Expense Source Actual Electrical Service Circuit BreakersSeparate Meters101-200 Amps Electricity Expense 1034 Expense Year 2017 Fuel Expense 3398 Fuel Expense Source Actual Gross Rental Income Amount 17550 Heat Ventilation ElectricForced AirGasWall UnitSeparate Per Unit Insurance Expense 2857 Insurance Expense Source Actual Janitor Expense 1900 Janitor Expense Source Owner Projection Known Encumbrances First Mortgage Monthly Income Max1 900 Monthly Income Max2 1100 Net Oper Income Amount 11530 Net Operating Income Year 2017 Number Of Window Ac 15 Other Expense Source Combination Other Expenses 772 Owners Assoc YN No Potential Use Residential-Multi-Family Sale Terms Conventional Tax Year 2016 Taxes 30543 Tenant Pays ElectricHeatVaries By Tenant Total Annual Exp 60192 Total Annual Expense Source Actual Total Annual Income 173100 Total Monthly Income 14625 Township Elgin Type Multi Family Corridor-Exterior Entrance Unincorporated YN No Utilities To Site Sewer-Storm AvailableWater-Municipal Water Expense 10858 Water Expense Source Actual Zoning Type Multi

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Sterling Realty & Prop Mgt Llc.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Baz Realty Network | Keller Williams Preferred Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Baz Realty Network | Keller Williams Preferred Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-05-24T07:51:32.31.

    Digital Millennium Copyright Act
     
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