Under contract
Contingent
85 S Crystal Street
Elgin IL, 60123
$2,250,000
$198.26 per sqft
Under contract
Contingent
11,349 sqft
Multi-family
Built in 1972
Courtesy of Berkshire Hathaway HomeServices Chicago
Presenting a prime investment opportunity featuring a 3-story, 15-unit apartment building; mix of (6) 1 Bed/1 Bath and (9) 2 Bed/1 Bath. All units are accessible from exterior and interior entrances. The units are finished with laminate flooring , eat-in kitchens, spacious bathrooms, and sleeve air conditioners. There are (9) units with baseboard heat and (6) units with its own individual furnace; tenants pay electric and gas. In addition, the full basement accommodates laundry facilities, mechanical systems, utility meters, and storage space for both tenants and the owner. The property is nearly one-acre with a generously sized front lot, providing the potential for future development or expansion. This building offers investors to add value with minimal investment, as major mechanical upgrades and essential updates have already been completed. Improvements: New Asphalt Parking Lot (2023); New Dumpster Enclosure (2023); New Plumbing For Boiler (2022); New Hot Water Heater (2022); Installed Laundry Machines (2022); New Dollar Bill To Coin Exchanger (2022). Located near downtown Elgin offering convenient access to the Metro station, Elgin Community College, Grand Victoria Casino, The Fox River and I-90.
11920303
MLSⓇ ID
November 3, 2023
Listed
February 20, 2025
Updated
Interior Features
Total Stories
3
Fireplace
No
Cooling
Yes
Cooling Description
Wall Sleeve
Heating
No
Exterior/Building Features
Lot Size
0.79 Acres
Other Property Details
Area Name
Elgin
Taxes
$33,229
Tax Frequency
Annually
Days on Market
183
Garage
No
View
No
County
Kane
Municipality
Elgin
Pool
No
Utilities
Sewer-Storm Available, Water-Municipal
Zoning
MULTI
Listing History
Date | Event | Price |
|---|---|---|
3/29/2024 | Under contract | — |
Courtesy of Berkshire Hathaway HomeServices Chicago, Priti Patel,
Listing Contact: 312-371-0643
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Based on information submitted to the MLS GRID for MRED 2/20/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 12:34 AM UTC, 2/20/2025
