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Listing 15 out of 608
$450,000 Contingent

1705 Maple Lane
Elgin, IL 60123

6 units | Multi Family Home
9583 sq ft - MLS# 10013191
Property Photo
1/7

Description

Six unit building with all 2 bedroom units, each unit has an living room with balcony, eat-in kitchen, 2 bedrooms, 1 bath, storage room and 1 car garage. The building has a brick facade on front & rear with siding on sides. All units are occupied. Coin laundry with owner owned machines on-site. Tenants pay for their own heat and electric. Interior photos are respective of unit size and rooms, each unit has its own unique flooring and decor.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family 5+
  • Listing Status: Contingent
  • County/Area: Kane County
  • Zip Code: 60123
  • Year Built: 1967
  • Sq.Ft.: 5,032 sq ft
  • Units: 6 units
  • # of Parking Spaces: 12
  • Lot Size: 9583 sq ft
  • Zoning: MULTI
  • # Of Bdrms - Unit 1: 2
  • # Of Dryers: 1
  • # Of Full Bthrms - Type 1: 1
  • # Of Ranges: 6
  • # Of Refrigs: 6
  • # Of Rooms - Unit 1: 4 Rooms
  • # Of Stories: 2
  • # Of Units - Apt. Type 1: 6
  • # Of Washers: 1
  • # Of Window/Ac: 6
  • Air Conditioning: Wall Sleeve
  • Approximate Age: Older
  • Built Before 1978 (Y/N): Yes
  • Construction: Wood Frame
  • Current Use: Residential-Multi-Family
  • Electric Expense Source: $
  • Electrical Service: Circuit Breakers, 0-100 Amps
  • Electricity Expense: $890
  • Exterior Building Type: Brick, Cedar
  • Foundation: Concrete
  • Frontage/Access: City Street
  • Fuel Expense Source: $
  • Gross Rent Multiplier: 8
  • Heat/Ventilation: Electric, Baseboard
  • Indoor Parking: 6-12 Spaces
  • Insurance Expense: $3,896
  • Janitor Expense: $693
  • Janitor Expense Source: $
  • Lot Dimensions: 66X140
  • Monthly Income - 1: $800
  • Monthly Income Max - 1: $900
  • Net Operating Income Year: $2,017
  • Other Expense Source: $
  • Other Expenses: $1,120
  • Outdoor Parking: 6-12 Spaces
  • Potential Use: Residential-Multi-Family
  • Repairs-Decor Expense: $4,732
  • Repairs-Decor Expense Source: $
  • Roof Coverings: Shingle Composition
  • Roof Structure: Gable
  • Scavenger Expense: $1,800
  • Tax Year: 2017
  • Taxes: $11,931
  • Tenant Pays: Air Conditioning, Electric, Heat
  • Total Annual Exp: 18113
  • Total Annual Income: $62,400
  • Total Monthly Income: $5,100
  • Township: Elgin
  • Type Multi-Family: Corridor-Exterior Entrance
  • Water Expense: $4,405
  • Water Expense Source: $
Courtesy of Preferred Homes Realty

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Larry Hines

Larry Hines
RE/MAX Horizon
Elgin, IL 60123

847-875-7747
Contact Me

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Larry Hines | 847-875-7747 | Contact Me
374 N. McLean Blvd. - Elgin, IL 60123
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