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Listed by Violet Ostrowskiof Keller Williams Thrive
-
Est. payment /mo
6 Beds
5,662 Sqft Lot
New
495-499 Franklin BLVD Elgin, IL 60120
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12667341
Bedrooms 6
Year Built 1957
Annual Tax Amount $6,852
Tax Year 2025
Lot Size 5,662 Sqft
Lot Dimensions 115X50
Property Sub-Type Two to Four Units
Property Description
Meticulously maintained all brick duplex offering true turnkey ownership. Both mirror-image 3 bed/1 bath units. This property was purpose-built as a duplex with separate utilities for each tenant, including separately metered gas, electric and water, plus separate HVAC systems and central air for each side - creating a clean, efficient investment structure with minimal owner expense. Recent updates include a brand new roof (2025) and new washers and dryers in both units. Fully fenced backyard and each unit features a spacious living/dining combination, eat-in kitchen with ample cabinetry and counter space, full laundry area, attached 1-car garage, and private storage areas with divided crawlspaces and attics. Low-maintenance ownership with the owner currently responsible only for lawn care and snow removal at approximately $65/month. Property taxes are $6,852. Rental income is $4,145/mo and $49,740/year. Conveniently located near downtown, the Rec Center, Library, Metra and I-90. Whether you're looking to expand your portfolio or secure a strong income-producing asset, this is the kind of property investors look for.
Location
State IL
County Kane
Rooms
Basement None
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Schools
School District 46, 46, 46
Others
Ownership Fee Simple
Special Listing Condition None

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