220 Dexter Avenue
Elgin, Illinois 60120

New / MLS #12266014 / Multiple Unit (2-4) / Elgin
Listing information updated 1/7/2025 at 12:23pm
Here's an excellent investment property opportunity in the heart of Downtown Elgin, offering several standout features: **Prime Location:** Situated in the vibrant downtown area, this property is highly appealing to renters, thanks to its proximity to amenities, transportation, and potential employment hubs. **Income Growth Potential:** The basement unit offers exciting renovation possibilities. Converting it into a fourth rentable space could significantly boost the property's earning potential. **Recent Upgrades:** Major updates, including a new roof (2021), gutters, chimney rebuild, sewer line, and water heaters (2023), enhance the property's value. These improvements reduce the likelihood of costly repairs and make the property more attractive to tenants and buyers alike. City of Elgin will fix front landscaping and front section of cement driveway come spring. **Future City Enhancements:** Planned city infrastructure upgrades, such as lead pipe replacements, will ensure improved water quality for tenants and enhance the property's long-term desirability. Don't miss this fantastic chance to grow your investment portfolio!

Listing Office: Fulton Grace Realty

Listing Office Phone: 847.352.5200

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 1/7/2025 at 12:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Map of 220 Dexter Avenue, Elgin, IL 60120

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220 Dexter Avenue is a multiple unit (2-4) currently listed at $309,900. 220 Dexter Avenue features 4 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since January 7th, 2025 and was built in 1880. Nearby schools include Hillcrest Elementary School, Kimball Middle School, and Larkin High School. The nearest transit stops include Elgin Metra Metra Milwaukee District West line.