Descrição
566 Raymond Street,
Elgin,
IL
60120
Charming Two-Unit in Elgin's Historical District with Excellent Income Potential! This character-filled property offers the perfect blend of classic charm, flexible living space, and strong investment opportunities. The first-floor unit features a spacious 3 to 4-bedroom layout with a walkout basement. Ideal for future finishing or extended living. The upstairs 1-bedroom unit offers excellent natural light and the possibility to reconfigure for even higher rental income. Situated on a wide lot, the property features a 1.5-car garage, an expansive brick patio, and a deep, private yard, offering outdoor comfort and ample room to expand. With rents rising in the area, this is an excellent opportunity for an owner-occupant or investor seeking substantial passive income. Perfect for a handyman buyer with a vision, this home has great bones and needs the right touch-ups and cosmetic updates to unlock its full value. Whether you're looking to maximize cash flow, renovate and build equity, or live in one unit while renting out the other, this property offers significant potential for growth. Unique charm, usable space, and endless possibilities- bring your architectural ideas and make the most of this rare opportunity! *See attached floor plan*
This is an Pending listing.
Broker Office Phone Number: 847-608-6600
Copyright © 2025Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Zamudio Realty Group via Data Source: Midwest Real Estate Data, LLC
Apartamentos multi-familiares
Tipo de propriedade
School District U-46
Distrito Escolar
School District U-46
Distrito Escolar
sd-u-46-elgin-il
Schools
Histórico de preços
date | price | variance | type |
---|
6/28/2025 | $224,900 | - | Contrato |
6/16/2025 | $224,900 | - | Listados |
agente de listagem: Esther Zamudio