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Sold on 09/09/2022
Patrick Jage of Sterling Realty & Prop Mgt LLC

327 N Jackson St, Elgin, IL 60123

$460,500

Last sold 09/09/2022 after 5 Days

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 327 N Jackson St

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Lot size 8,276 Sqft
Parking 4 garage spaces
Property description
Four unit building with top 2 units completely remodeled. This is a turnkey investment with high predictible cash flow at above 9% cap rate. Close to transportation and business. Professional management available.
Listed by
Listing Agent - Patrick Jage
Listing Office - Sterling Realty & Prop Mgt LLC
Source: MRED mls logo
MLS#11621376 • last updated 3 years ago
Movoto checked MRED for data 23 minutes ago
Overview
Heating Natural Gas
MLS # 11621376
SubType 4 Flat
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.19
Property Tax $ 6921.74
Year Built 1960
Buyer Agent Commission 2.5%-$300, % Of Net Sale Price
Interior
Basement Unfinished
Total # of Rooms 16
Exterior
Foundation Concrete Perimeter
Roof Asphalt
Exterior Vinyl Siding
# Garage Spaces 4
Parking Desc Unassigned
# Parking Spaces 8
Garage Desc Detached
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Lake Michigan
# Units in Building 4
Location
Area Elgin
County Kane
Elementary School Highland Elementary School
Elementary School District 46
High School Larkin High School
Middle School District 46
Middle School Kimball Middle School
High School District 46
APN 614133003
Zoning MULTI
Directions RT 31 TO LAWRENCE W TO JACKSON N TO PROPERTY
Multifamily Details
Expense: Maintenance 2000
Expense: Insurance 2299
Expense: Other 1440
Net Operating Income 41707
Gross Income 60600
Expense: Electricity 1150
Expense: Fuel 1566
Expense: Water/ Sewer 3516
Misc Income Coin Laundry
Total Rental Income 60600
We are not permitted to show value estimates for this property.
  • Oct 2022
    Public Records
  • Oct 11, 2022 Sold
    $460,500
  • Oct 2022
    mls logo MLS # 11621376
  • Oct 8, 2022 Sold
    $460,500 (+1.2%)
  • Sep 9, 2022 Pending
    —
  • Sep 4, 2022 Price Change
    $454,900 (+28.2%)
  • Sep 4, 2022 Listed
    $354,900 (+181.7%)
  • Jul 2013
    Public Records
  • Jul 19, 2013 Sold
    $126,000 (+0.2%)
  • Jul 2013
    mls logo MLS # 08325011
  • Jul 1, 2013 Sold
    $125,765 (+12576400.0%)
  • Apr 24, 2013 Listed
    $1 (-100.0%)
  • Dec 2011
    mls logo MLS # 07791333
  • Dec 27, 2011 Expired
    —
  • Apr 27, 2011 Listed
    $360,000 (-5.2%)
  • Jan 2010
    mls logo MLS # 07303850
  • Jan 1, 2010 Expired
    —
  • Aug 20, 2009 Listed
    $379,900 (-5.0%)
  • Apr 2009
    mls logo MLS # 07005294
  • Apr 1, 2009 Expired
    —
  • Aug 26, 2008 Listed
    $399,900 (-3.6%)
  • Aug 2008
    mls logo MLS # 06682366
  • Aug 9, 2008 Cancelled
    —
  • Sep 24, 2007 Listed
    $415,000 (-4.6%)
  • Aug 2007
    mls logo MLS # 06648356
  • Aug 26, 2007 Cancelled
    —
  • Aug 21, 2007 Listed
    $435,000 (-1.1%)
  • Aug 2007
    mls logo MLS # 06546591
  • Aug 8, 2007 Cancelled
    —
  • Jun 10, 2007 Listed
    $439,900 (+20.5%)
  • Aug 2004
    Public Records
  • Aug 26, 2004 Sold
    $365,000 (+30.4%)
  • Oct 2003
    Public Records
  • Oct 16, 2003 Sold
    $280,000
  • Year Property taxes Tax assessment
  • 2024
    $11,683 +3.9%
    $145,984 +10.69%
  • 2023
    $11,243 +59.9%
    $131,886 +62.65%
  • 2022
    $7,031 +1.6%
    $81,085 +4.51%
  • 2021
    $6,922 +2.5%
    $77,583 +4.75%
  • 2020
    $6,755 +2.5%
    $74,065 +4.98%
  • 2019
    $6,589 +0.3%
    $70,551 +6.15%
  • 2018
    $6,571 -99.0%
    $66,463 +5.78%
  • 2017
    $646,250 +9413.5%
    $62,832 -1.35%
  • 2016
    $6,793
    $63,694
  • 327 N Jackson St
    $460K
  • Grant Park
    $299K -13% y/y
  • 60123
    $309K 0% y/y
  • Elgin
    $395K -1% y/y
No chart available
Statistics calculated by Movoto

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3/10
Highland Elementary School
public Grades PK, K-6
School District U-46
2/10
Kimball 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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