422 Locust ST Open House Save Request In-Person Tour Request Virtual Tour
Elgin,IL 60123
OPEN HOUSE
Sun Jun 22, 12:00pm - 2:00pm
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12398445
Bedrooms 3
Annual Tax Amount $5,908
Tax Year 2024
Lot Dimensions 60X150
Property Sub-Type Two to Four Units
Property Description
Welcome to 422 Locust Street, a beautifully updated two-unit property located in the heart of Elgin! This turnkey building offers a unique opportunity for both investors and owner-occupants, with thoughtful upgrades throughout and strong rental potential. Unit 1 features a spacious and unique two-story layout with a private entrance, offering the feel of a single-family home. It includes three oversized bedrooms and two updated bathrooms, along with a modern kitchen featuring brand new waterproof luxury vinyl plank flooring and updated light fixtures. Unit 2 is a fully remodeled studio with its own private entrance. Renovated in 2022, it showcases quartz countertops, smart appliances, waterproof luxury vinyl plank flooring, and a modern bathroom, making it a high-end rental option. The property includes major recent improvements such as a 2024 water heater, featuring a high-efficiency Carrier 2022 HVAC system with a high efficiency two-stage gas furnace, smart Nest thermostat, and Aprilaire humidifier! New windows throughout, and a freshly built and painted wrap-around porch. The large driveway has just been blacktopped for a clean, updated look. Exterior features include a three-car garage and an additional ten parking spaces in the rear parking lot, providing ample off-street parking- imagine the family gatherings here! The basement offers laundry facilities, an extra storage room, and a separate exterior entrance, presenting a potential Value Add opportunity to finish the space for additional income or living area. Both units will be delivered vacant at closing, allowing maximum flexibility for occupancy or rental setup. The roof is in great condition and the entire property has been meticulously maintained. Located near the Grand Victoria Casino, downtown Elgin, Metra, I-90, shops, and restaurants, this property offers convenience and long-term value. This is a rare opportunity to own a move-in-ready 2-unit home in a prime Elgin location. Property is in excellent condition, but will be sold as-is. Don't miss your chance to own this property!
Location
State IL
County Kane
Area Elgin
Rooms
Basement Unfinished,Full
Interior
Heating Natural Gas
Equipment CO Detectors,Ceiling Fan(s)
Fireplace N
Exterior
Garage Spaces 3.0
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Vinyl Siding, No
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 46 ,46, 46
Others
Ownership Fee Simple
Special Listing Condition None