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Sold on 06/18/2024
Ryan Widerberg of eXp Realty, LLC

37-39 S Porter St, Elgin, IL 60120

$322,500

Last sold 06/18/2024 after 6 Days

  • 4

    bed

  • 2

    bath

Multi-family not for sale
Learn about Elgin's top local Real Estate agents

About 37-39 S Porter St

Property type Multi-family
Neighborhood
Year built 1929
HOA fee $0/month
Lot size 6,534 Sqft
Parking 2 garage spaces
Property description
This Renovated 2-Unit Brick Investment Property is a Money Making Machine! 1st Floor Unit 2 Bed, 1 Bath Duplexes Down & is Month to Month at $1200! This Unit has Potential to Add Additional Legal Bedrooms if Egress Windows are Installed Includes a Washer & Dryer! Perfect for an Owner Occupant Who Wants to Rent Hack or Multi-Generational Living! Great for Investors Who Want Consistent Cash Flow, as the Current Tenant Would Prefer to Stay! Owner Believes There is Room to Increase Rent for 1st Floor Unit Substantially. A 2nd Bathroom Could Be Added to the Lower Level. 2nd Floor Unit is 2 Bed, 1 Bath, Was Recently Renovated & is Leased Through March 2025 at $1350 Monthly! This Unit Includes a Complete Kitchen Remodel (2024) w/ Sleek White Cabinets, Quartz Countertops, Stainless Steel Appliances, GFCI Outlets (2024), New Carpeting (2024), Flooring (2024), Baseboard (2024), Fresh Paint (2024) & Complete Bath Remodel w/ White Subway Tiled Shower, New Vanity & Fixtures. Roof & 2nd Story Siding Was Replaced in 2023! Both Tenants Pay for Gas, Electricity & Garbage! Owner Pays Water & Common Area Utilities. Property Includes a 2 Car Garage & 2 Story Deck! 48 Hour Notice Required.
Listed by
Listing Agent - Ryan Widerberg
Listing Office - eXp Realty, LLC
Source: MRED mls logo
MLS#12079062 • last updated 2 years ago
Movoto checked MRED for data 20 minutes ago
Overview
MLS # 12079062
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.15
Property Tax $ 6009.28
Year Built 1929
Interior
Basement Full
Total # of Rooms 8
Exterior
Roof Asphalt
Exterior Brick
# Garage Spaces 2
Parking Desc Garage
Garage Desc Detached
Other Structures Garage(s)
Exterior Features Deck
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 613405006
Zoning MULTI
Directions 20 WEST TO 25/LIBERTY S TO LAUREL LEFT TO PORTER TO HOME
Multifamily Details
Expense: Insurance 2255
Net Operating Income 22336
Gross Income 30600
Total Rental Income 30600
  • Sep 2024
    mls logo MLS # 12079062
  • Sep 3, 2024 Sold
    $322,500 (+7.5%)
  • Jun 18, 2024 Active
    —
  • Jun 12, 2024 Listed
    $300,000 (+311.0%)
  • Aug 2011
    mls logo MLS # 07237478
  • Aug 4, 2011 Sold
    $73,000 (-14.1%)
  • Jun 4, 2009 Listed
    $85,000
  • 37-39 S Porter St
    $322K
  • Elgin
    —
  • 60120
    $315K +5% y/y
  • Elgin
    $395K -1% y/y
No chart available
Statistics calculated by Movoto

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2/10
Channing Memorial Elementary School
public Grades 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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