IL > Elgin
Elgin, IL 60120,566 Raymond Street
Elgin, IL 60120,566 Raymond Street
Elgin, IL 60120,566 Raymond Street
Elgin, IL 60120,566 Raymond Street
Elgin, IL 60120,566 Raymond Street
Elgin, IL 60120,566 Raymond Street
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Amber Holup

Amber Holup

+1(708) 870-6835
$ 224,900
Est. payment | /mo

5 Beds

0.25 Acres Lot

Save
$ 224,900
Est. payment | /mo
Save

5 Beds

0.25 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12393215

Bedrooms 5

Year Built 1900

Annual Tax Amount $4,292

Tax Year 2024

Lot Size 10,890 Sqft

Lot Dimensions 81 X 132

Property Sub-Type Two to Four Units

Property Description

Charming Two-Unit in Elgin's Historical District with Excellent Income Potential! This character-filled property offers the perfect blend of classic charm, flexible living space, and strong investment opportunities. The first-floor unit features a spacious 3 to 4-bedroom layout with a walkout basement. Ideal for future finishing or extended living. The upstairs 1-bedroom unit offers excellent natural light and the possibility to reconfigure for even higher rental income. Situated on a wide lot, the property features a 1.5-car garage, an expansive brick patio, and a deep, private yard, offering outdoor comfort and ample room to expand. With rents rising in the area, this is an excellent opportunity for an owner-occupant or investor seeking substantial passive income. Perfect for a handyman buyer with a vision, this home has great bones and needs the right touch-ups and cosmetic updates to unlock its full value. Whether you're looking to maximize cash flow, renovate and build equity, or live in one unit while renting out the other, this property offers significant potential for growth. Unique charm, usable space, and endless possibilities- bring your architectural ideas and make the most of this rare opportunity! *See attached floor plan*

Location

State IL

County Kane

Rooms

Basement Finished, Rec/Family Area, Full, Walk-Out Access

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 1.0

View Y/N true

Roof Type Asphalt

Building

Lot Description Corner Lot

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

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Esther Zamudio • Zamudio Realty Group
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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(708) 870-6835

amber@thehnghomes.com

9755 W 143rd St., Park, IL

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566 Raymond Street