220 Dexter Avenue
Elgin, IL 60120
- 4 beds
- 4 baths
- – sqft
- 6,098 sqft lot
- 1880 build
- – on site
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!
Listing courtesy of MRED / Fulton Grace Realty as distributed by MLS GRID
Last checked:
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Last updated Jan 8, 2025
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MLS# 12266014 —
The Building
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Year Built:1880
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Rebuilt:No
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New Construction:false
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Roof:Asphalt
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Basement:Full, Walkout
Interior
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Rooms Total:11
Location
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Directions:DUNDEE AVE S OF 58 TO DEXTER WEST
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Location:29058
The Property
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Parcel Number:0613151009
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Property Type:Residential Income
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Lot Size Dimensions:54 X 127
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Lot Size Acres:0.14
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Zoning:MULTI
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (630) 965-6000
- Office phone:
- (847) 352-5200
Taxes
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Tax Year:2022
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Tax Annual Amount:5967
Beds
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Bedrooms Total:4
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Bedrooms Possible:4
Baths
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Baths:4
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Full Baths:4
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Radiant
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School:Hillcrest Elementary School
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Elementary School District:46
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Middle Or Junior School:Kimball Middle School
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Middle Or Junior School District:46
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High School:Larkin High School
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High School District:46
The Community
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Community Features:Sidewalks, Street Lights, Street Paved
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).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/7/25
Jan 7, 2025
|
Listed / Active | MRED | $309,900 | 29.1% (7.0% / YR) |
11/13/20
Nov 13, 2020
|
MRED | $240,000 | -15.8% | |
9/21/20
Sep 21, 2020
|
MRED | $284,900 |