85 S Crystal Street

Elgin, IL 60123

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.

Listing Courtesy of MRED as distributed by MLS Grid of Berkshire Hathaway HomeServices Chicago 847-790-8400



Based on information submitted to the MLS GRID as of 2024-05-16 09:35 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Data last updated: 2024-05-16 09:35 PM UTC
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