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About This Home

This 3-bedroom, 2-bathroom residential multi family at 58 S Geneva Street in Elgin, IL is listed for $219,900. Built in 1954, on a 0.06 acres lot.

Agent Description

Excellent opportunity to own a two-unit property in the heart of Elgin at an incredible value! Priced at $219,900, this is one of the most affordable multi-unit properties currently available in the area. The property features a 2-bedroom unit on the main floor and a 1-bedroom unit in the lower level, offering flexibility for owner-occupants or investors looking to generate rental income.

With a little vision and updates, this property has tremendous potential to build equity and increase value over time. One of the standout features is the ample parking available directly in front of the property, including a city-maintained parking lot maintained by the City of Elgin at no cost, providing convenient parking for residents and guests.

Ideally located near downtown Elgin, the property is just minutes from local shops, restaurants, parks, public transportation, and many of the amenities the city has to offer. Easy access to major roads also makes commuting simple. Whether you're looking to live in one unit and rent the other or expand your investment portfolio, opportunities like this at this price point are hard to find. Schedule your showing today, this one will not last!

Key Features

  • Built in 1954
  • 0.06 acre lot

Property Details

2 full
1954

Monthly Cost Estimate

$1,176/mo

20% down · 6.5% · 30 years

Principal$159
Interest$953
Insurance$64

Estimates only. Actual payments may vary.

Location

58 S Geneva Street

Elgin, IL 60120

Property Details

Construction

Cedar

Heating

Natural Gas

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 58 S Geneva Street is listed at $219,900. The estimated monthly payment is $953 based on 20% down at 6.5% interest.

Key features include: Built in 1954, 0.06 acre lot.

This property is listed by Esther Zamudio and can be reached at (847) 608-6600 or esther@zamudiorealtygroup.com.

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EZ

Esther Zamudio

Agent at Zamudio Realty Group

(847) 608-6600

Listed by Zamudio Realty Group

MLS# 12587513· Source: listhub· Updated 32 days ago

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58 S Geneva Street, Elgin, IL 60120

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