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Sold on 07/29/2022
Denise Gombar of Keller Williams Inspire

164 Oak St, Elgin, IL 60123

  • $236,000

    Last sold 07/29/2022 for $207K

  • 3

    bed

  • 2

    bath

Multi-family not for sale
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About 164 Oak St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
DON'T MISS THIS AMAZING MULTI-UNIT INVESTMENT OPPORTUNITY! This well-kept home in the heart of Elgin offers 2 stunning tenant-occupied units with a quiet fenced-in backyard. The LOWER unit offers 2 bedrooms, with a flex room that could be a potential 3rd bedroom (including a walk-in closet), and a fully updated bathroom. The UPPER unit boasts 1 bedroom, 1 bathroom, spacious living room, and private balcony. EACH UNIT has their own thermostat (Forced Heat and Central A/C), and THEIR OWN washer and dryer. Updates since 2019 include updated bathroom, interior paint, new flooring in Upper Unit, new refrigerators in BOTH Units, plus new furnace and extensive duct work throughout. This location is only minutes away from stores and restaurants. Please see private remarks for tenant info.
Listed by
Listing Agent - Denise Gombar
Listing Office - Keller Williams Inspire
Source: MRED mls logo
MLS#11445895 • last updated 3 years ago
Movoto checked MRED for data 46 minutes ago
Overview
MLS # 11445895
SubType 2 Flat
Status Closed
Type Two To Four Units
Property Tax $ 3050.86
Year Built 1900
Buyer Agent Commission 2.5%-$395, % Of Net Sale Price
Interior
Basement Full, Unfinished
Total # of Rooms 7
Exterior
Roof Asphalt
Exterior Frame
Parking Desc Space/s, Driveway
# Parking Spaces 3
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 2
Location
Area Elgin
County Kane
Elementary School District 46
Middle School District 46
High School District 46
APN 624103015
Directions 31st To East On Oak St To Home
Multifamily Details
Expense: Electricity 150
Expense: Water/ Sewer 80
Total Rental Income 2266
$236K
Range: $167K-$304K
Last 30 days 
Rental est.: $2,083/month
Gross rent multiplier: 9.0 - Good
  • Sep 2022
    mls logo MLS # 11445895
  • Sep 30, 2022 Sold
    $207,500 (-7.8%)
  • Jul 31, 2022 Active
    —
  • Jul 17, 2022 Price Change
    $225,000 (-2.2%)
  • Jun 22, 2022 Listed
    $230,000 (+27.8%)
  • Sep 2019
    mls logo MLS # 10085150
  • Sep 20, 2019 Sold
    $180,000 (-9.5%)
  • Aug 4, 2019 Active
    —
  • Jun 19, 2019 Listed
    —
  • May 17, 2019 Pending
    —
  • Jan 20, 2019 Listed
    —
  • Dec 22, 2018 Active
    —
  • Sep 17, 2018 Listed
    $198,900 (-5.3%)
  • May 2008
    mls logo MLS # 06710913
  • May 23, 2008 Expired
    —
  • Oct 22, 2007 Listed
    $210,000 (-4.5%)
  • Jul 2007
    mls logo MLS # 06381723
  • Jul 17, 2007 Expired
    —
  • Jan 15, 2007 Listed
    $220,000
  • 164 Oak St
    $207K
  • Southwest Elgin
    $275K +2% y/y
  • 60123
    $314K +4% y/y
  • Elgin
    $475K +18% y/y
No chart available
Statistics calculated by Movoto

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3/10
Lowrie Elementary School
public Grades PK, K-6
School District U-46
1/10
Abbott Middle School
public Grades 7-8
School District U-46
2/10
Larkin High School
public Grades 9-12
School District U-46
Source: GreatSchools.org © 2026. All rights reserved.

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