102 S Liberty Street, Elgin, IL, 60120

Gorgeous, well maintained INCOME GENERATING 3 flat near Downtown Elgin (1 block outside of the Historic District) boasting 2944 SQ FT! The perfect investment opportunity! All 3 units are currently being rented out. Current tenants love & care for the property and it shows! Property currently generates $2,525/ month in rental income but could go for much more (based on current market rent) ROOF IS NEW. Exterior & siding re painted ~ 5 years ago. Plumbing was recently updated. All units have gorgeous refinished hardwood floors throughout, separate entrances and parking spaces (currently unit 1 is utilizing the 3 car garage and units 2 & 3 have the exterior spaces.) Each unit has their own electric meter & cooking gas is paid for by tenants. Current landlord pays heat, water, & trash. Extra storage space & free laundry is provided in basement. Unit 1 is a 2 bd/ 2 bath and is the only unit located on the first floor. It is the largest unit of the 3, at 1500 sq. ft. Unit has lots of livable space- with a living room, family room (that could be converted to 3rd bedroom if needed) & a gorgeous formal dining room featuring a beautiful antique marble fireplace with gold inlay. Tenant of unit 1 currently pay $1k/ month in rent which is extremely low for the size/ quality of this unit- but tenant handles all property maintenance for landlord. Units 2 and 3 are both 1 bd/ 1 bath units, located on the 2nd floor of property. Unit 2 is approximately 1100 sq. ft. The unit is very bright & open, featuring a generous sized living room and lots of closet space. Unit 3 is ~ 400 sq. ft. with a good sized kitchen & smartly utilized dining area. Do not let this fantastic investment opportunity pass you by. Schedule a showing today!