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1274 GETZELMAN Drive Elgin, IL 60123
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Key Details
Sold Price $1,100,900
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $146
MLS Listing ID 12374197
Sold Date 06/06/25
Year Built 1969
Annual Tax Amount $21,900
Tax Year 2024
Lot Dimensions 175 X125
Property Sub-Type Multi Family 5+
Property Description
LONG TERM OWNER SAYS -- IT'S TIME. Excellent and rare Investment Opportunity! Large 9 unit; All large 1 bedroom units with eating nook and private parking. Laundry on site -- current owner has washing machine with $2.00 to wash and $1.00 to dry - another source of revenue. Several tenants below market -- room for an additional rental increases. Quiet building with long term tenants and all mechanicals in tip top shape. No HOA - owner makes all decisions relative to building, grounds and tenants. SOLD DURING PROCESSING.
Location
State IL
County Kane
Zoning MULTI
Rooms
Basement None
Interior
Cooling Wall Sleeve
Fireplace Y
Exterior
Utilities Available Sewer Connected
View Y/N true
Roof Type Composition
Building
Foundation Concrete Perimeter
Water Municipal Water
Structure Type Brick,Wood
Others
HOA Fee Include None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Leticia Lara • HomeSmart Connect LLC