Movoto Real Estate
Sold on 04/19/2025
Ryan Widerberg of eXp Realty, LLC - Chicago North Ave

370 Bent St, Elgin, IL 60120

  • $298,000

    Last sold 04/19/2025 for $320K

  • 3

    bed

  • 3

    bath

Multi-family not for sale
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About 370 Bent St

Property type Multi-family
Neighborhood
HOA fee $0/month
Movoto estimate
Property description
Extremely Rare & Highly Sought After Opportunity to Own a 3 Unit, Multi-Family Cash Cow in Kane County! Tenant Just Moved Out in the Back Unit, So Now's Your Chance to Rent Hack This Building, Have Existing Tenants Pay Your Mortgage & Live for Free! Elgin Was Recently Named the #1 Safest & Most Affordable City in the Entire United States! Comprised of 1 Bed |1 Bath Apartments. Units Were Recently Remodeled! Tons of Updates Include Roof, Siding & Exterior Paint (All 2019) & Common Area Hallway Repainted (2024). Unit #1 (Main Floor): New Sink Installed (2024) Kitchen Cabinets, Oven & Refrigerator (All 2022), Newer Windows (2016) Unit #2 (Upstairs): Updates Include Kitchen Cabinets, Backsplash, Bathroom Vanity, Oven & Refrigerator (All 2023), Shower Tile (2015). Unit #3 (Back): Unit Was Mostly Remodeled in 2025. Sink (2021), Shower Liner (2020). All Separate Utilities! Tenants Pay All Utilities Except For Water! Basement Access Through Cellar Door. In the Bone Dry Basement You'll Find Owner's Area Storage w 3 Water Heaters (One Replaced in 2024 & Two in 2016)! All Appliances Stay. Tenant Owned Window Units. Exterior Parking for 3 Vehicles! Steps to Downtown, River Front, and Parks. At Full Occupancy, Gross Monthly Rent Was $2940. 1659 Sq Ft. Eligible for $6,000 Forgiveable Down Payment Assistance or Up to $10,000 in Down Payment Assistance!
Listed by
Listing Agent - Ryan Widerberg
Listing Office - eXp Realty, LLC - Chicago North Ave
Source: MRED mls logo
MLS#12320490 • last updated 11 months ago
Movoto checked MRED for data 18 minutes ago
Overview
MLS # 12320490
SubType 3 Flat
Status Active
Type Two To Four Units
Property Tax $ 5048
Interior
Total # of Rooms 9
Exterior
Foundation Stone
Roof Asphalt
Construction Vinyl Siding
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 3
Location
Area Elgin
County Kane
Elementary School District 46
Middle School District 46
High School District 46
APN 624203019
Zoning MULTI
Directions RT 31 2 NATIONAL 2 RAYMOND 2 BENT LEFT TO HOME
Multifamily Details
Expense: Insurance 2000
Net Operating Income 27164
Gross Income 35280
Expense: Water/ Sewer 2868
  • May 2025
    mls logo MLS # 12320490
  • May 21, 2025 Sold
    $320,000 (+1.6%)
  • Apr 20, 2025 Active
  • Apr 5, 2025 Listed
    $315,000 (+472.7%)
  • Feb 2015
    mls logo MLS # 08814900
  • Feb 6, 2015 Sold
    $55,000 (+3.8%)
  • Jan 12, 2015 Listed
    $53,000 (-11.5%)
  • Mar 2014
    mls logo MLS # 08528437
  • Mar 13, 2014 Cancelled
  • Feb 3, 2014 Listed
    $59,900 (-68.5%)
  • May 2007
    mls logo MLS # 06463371
  • May 31, 2007 Sold
    $189,900
  • Apr 2, 2007 Listed
    $189,900 (-5.0%)
  • Apr 2007
    mls logo MLS # 06360901
  • Apr 10, 2007 Cancelled
  • Dec 17, 2006 Listed
    $199,900

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  • Real Estate
  • IL
  • Kane County
  • Elgin
  • 60120
  • Elgin National Watch Historic District
  • 370 Bent St
$298K
Range: $259K-$336K
Last 30 days 

Nearby recently sold homes in Elgin, IL

  • 370 Bent St
    $320K
  • Elgin National Watch Historic District
    $247K -5% y/y
  • 60120
    $305K 0% y/y
  • Elgin
    $479K +12% y/y
No chart available
Statistics calculated by Movoto
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Source: GreatSchools.org © 2026. All rights reserved.
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