495-499 Franklin BLVD, Elgin, IL 60120
495-499 Franklin BLVD, Elgin, IL 60120
495-499 Franklin BLVD, Elgin, IL 60120
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Listed by Violet Ostrowskiof Keller Williams Thrive
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Est. payment /mo
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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


Midwest Real Estate Data (MRED) VOW

NEARBY SCHOOL & BUSINESS

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Sharie Jackson

Sharie Jackson

Realtor | License ID: 475.180534

+1(708) 231-8901

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495-499 Franklin BLVD

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