167 Cherry Street
Elgin, IL 60120
- 4 beds
- 2 baths
- – sqft
- 6,110 sqft lot
- 1865 build
- – on site
This 2-unit property presents a fantastic investment opportunity. With the same tenants happily residing for 2 years and eager to stay, the property offers steady rental income. Recent improvements include updated plumbing in 2024, ensuring modern sewer piping. Both units feature new appliances, including refrigerators, water heaters, and stoves, and were remodeled prior to the current tenants' move-in. Tenants pay their own gas and electric, while the owner covers the water bill. Each unit also comes with a detached garage, providing added value. With these updates and reliable tenants, this property is a great long-term investment.
Last checked:
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Last updated Mar 13, 2025
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MLS# 12307747 —
The Building
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Year Built:1865
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Rebuilt:No
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New Construction:false
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Basement:Full
Interior
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Rooms Total:10
Location
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Directions:Kimball to Spring to Cherry
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Location:571
The Property
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Parcel Number:0614229006
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Property Type:Residential Income
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Lot Size Dimensions:47 X 130
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (224) 659-4676
- Office phone:
- (224) 659-4676
Taxes
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Tax Year:2023
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Tax Annual Amount:4881.14
Beds
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Bedrooms Total:4
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Bedrooms Possible:4
Baths
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Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School District:46
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Middle Or Junior School District:46
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High School District:46
Parking
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Parking Total:2
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Garage Type:Detached
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Garage Spaces:2
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Garage Onsite:Yes
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Garage Ownership:Owned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/12/25
Mar 12, 2025
|
Listed / Active | MRED | $280,000 | 55.6% (27.9% / YR) |
|
3/17/23
Mar 17, 2023
|
MRED | $180,000 | -5.3% | |
|
1/13/23
Jan 13, 2023
|
MRED | $190,000 |
