Sold

370 Bent Street, Elgin, IL 60120

Beds
3
Baths
3

View property features, location on map, relevant school information and overview from seller's agent.

Listed byeXp Realty, LLC - Chicago North Ave
  • 6
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Overview

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!

Location

Full feature list

Basic info

Number of bedrooms
3
Number of bathrooms
3

Interior features

Basement
Yes, Unfinished

Utilities

Heating
Natural gas, Forced air
Sewer
Public sewer
Water
Public

Estimated monthly costs

Insurance
$2,000

Taxes

Tax Annual Amount (2023)
$5,048

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12320490 Last checked:

Based on information submitted to the MLS GRID as of . 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.