J
Seller's Agent in 2021
Jee Ramangkoun
Executive Realty Group LLC
(847) 809-4768
2 in this area
19 Total Sales
1121 Birch Dr Elgin, IL 60120
Bluff City Neighborhood
32
Beds
16
Baths
--
Sq Ft
0.56
Acres
About This Home
As of June 2021Great investment opportunity in Elgin. 16 unit apartment building close to I-90. All 16 units are with 2 BR and fully occupied. All tenants have been there 5 years plus, very low turnover rate. Roofing was done in 2008, water heater in 2015 and parking paved in 2018. Each unit gets 2 parking spaces. Went under contract while in the process of listing...
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $34,527
Year Built
- Built in 1967
Lot Details
- 0.56 Acre Lot
- Lot Dimensions are 230 x 103
Home Design
- Garden Apartment
- Brick Exterior Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 32 Bedrooms
- 16 Bathrooms
Utilities
- Window Unit Cooling System
- Radiator
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 16 Units
Building Details
- Electric Expense $914
- Fuel Expense $9,531
- Insurance Expense $6,904
- Trash Expense $3,736
- Water Sewer Expense $17,621
- Operating Expense $73,232
- Gross Income $154,800
- Net Operating Income $81,568
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2021 06/03/21 | Sold | $1,250,000 | -3.5% | -- |
| 03/23/2021 03/23/21 | For Sale | -- | -- | -- |
| 03/22/2021 03/22/21 | Pending | -- | -- | -- |
| 03/22/2021 03/22/21 | For Sale | $1,295,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Jee Ramangkoun
-
Weijia Tong
W
Buyer's Agent in 2021
Weijia Tong
Concentric Realty, Inc
(858) 342-9292
1 in this area
11 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11029371
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