IL > Elgin
Elgin, IL 60120,167 Cherry ST
Elgin, IL 60120,167 Cherry ST
Elgin, IL 60120,167 Cherry ST
Elgin, IL 60120,167 Cherry ST
Elgin, IL 60120,167 Cherry ST
Elgin, IL 60120,167 Cherry ST
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Legacy Property Management

Legacy Property Management

+1(224) 999-9200
$ 270,000
Est. payment | /mo

4 Beds

2 Baths

Save
$ 270,000
Est. payment | /mo
Save

4 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12307747

Bedrooms 4

Year Built 1865

Annual Tax Amount $4,881

Tax Year 2023

Lot Dimensions 47 X 130

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Kane

Area Elgin

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Other, No

Sewer Public Sewer

Water Public

Structure Type Other

New Construction false

Schools

School District 46 , 46, 46

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Maria Tamayo • Luna Real Estate Inc.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9200

propertymanagement@legacypropertiesil.com

1350 Remington Rd, Suite B, Schaumburg, IL, Other

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167 Cherry ST