Movoto Real Estate
Sold on 04/04/2017
Matthew Lysien of Suburban Life Realty, Ltd

292 Villa St, Elgin, IL 60120

  • $615,000

    Last sold 04/04/2017 for $285K

  • 4

    bed

  • 2

    bath

  • 5,211

    Sqft ($55/Sqft)

Multi-family not for sale
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About 292 Villa St

Property type Multi-family
Neighborhood
Year built 1890
HOA fee $0/month
Lot size 4,700 Sqft
Movoto estimate
Property description
This 6 unit building should be your next income property!! Property has great earning potential. Fantastic location close to downtown Elgin, commuter train, casino, dining and shopping. Most of the units are updated featuring laminate flooring, updated kitchens and bathrooms! Some units have long term tenants already. High demand for rentals in this area. Units rent very quickly!!!
Listed by
Listing Agent - Matthew Lysien
Listing Office - Suburban Life Realty, Ltd
Source: MRED mls logo
MLS#09375910 • last updated 9 years ago
Movoto checked MRED for data 14 minutes ago
Overview
Cooling/AC None
Levels/Style 3
MLS # 9375910
Type Multi Family 5+
Lot Size (SqFt) 4700
Property Tax $ 9669.7
Year Built 1890
Interior
# Of Full Bthrms - Type 2 1
Basement Unfinished
Exterior
Foundation Concrete, Stone
Exterior Brick, Cedar
# Of Parking Spaces 6
Amenities / Utilities
# Units in Building 6
Location
County Kane
Directions Rt 25 West Onto Villa St To Property
APN 613380011
Zoning MULTI
Multifamily Details
Unit 1: Total # of Rooms 5
Unit 2: Total # of Rooms 5
Unit 2: # of Bedrooms 2
Unit 1: # of Bedrooms 2
Unit 1: # Full Bath 1
Expense: Electricity 500
Gross Rental Income 54600
Net Operating Income 44400
Total Annual Expense 10200
Gross Rent Multiplier 6.39
Total Annual Expense Source Owner Projection
Expense: Water 1800
Expense: Insurance 4400
Total Annual Income 54600
Lot/ Land Details
Road Frontage City Street
Possible Use Residential-Multi-Family
Current Use Residential-Multi-Family
  • Apr 2017
    mls logo MLS # 09375910
  • Apr 7, 2017 Sold
    $285,000 (-18.3%)
  • Jan 13, 2017 Contingent
  • Oct 25, 2016 Listed
    $349,000

Thinking of selling? Get a Cash Offer.

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  • Skip staging and repairs
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  • Real Estate
  • IL
  • Kane County
  • Elgin
  • 60120
  • Downtown Elgin
  • 292 Villa St
$615K
Range: $553K-$676K
Last 30 days 

Nearby recently sold homes in Elgin, IL

  • 292 Villa St
    $285K
  • Downtown Elgin
    $300K -9% y/y
  • 60120
    $305K 0% y/y
  • Elgin
    $479K +12% y/y
No chart available
Statistics calculated by Movoto
2/10
Garfield Elementary School
public Grades PK, K-6
School District U-46
4/10
Ellis Middle School
public Grades 7-8
School District U-46
3/10
Elgin High School
public Grades 9-12
School District U-46
Source: GreatSchools.org © 2026. All rights reserved.
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