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519 W Highland Avenue Elgin, IL 60123 Multi Unit - Multiple New

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  • 519 W Highland Avenue , Elgin, IL 60123 Main Photo

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Description

Great opportunity to own a well-maintained 2-unit property in a highly convenient Elgin location! Perfect for both investors and owner-occupants, live in one unit while generating rental income from the other, or add a strong asset to your portfolio. Ideally located within walking distance to Metra, public transportation, parks, schools, shopping, and dining, making it highly desirable for commuters and tenants alike. Both units have been updated with newer flooring, cabinets, countertops, appliances, windows, and fresh paint, offering a clean, modern, and move-in ready feel while minimizing immediate expenses. The layout provides separate living spaces with excellent rental potential and flexibility. Additional highlights include basement access, a spacious lot, and ongoing improvements with front porch and step repairs currently in progress, adding further value. Property is being sold AS-IS. Don't miss this versatile opportunity to generate income, build equity, or both in a growing area!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: Kane
Listed By:
Zamudio Realty Group 847-608-6600
MRED MLS
$324,900
Est. $2,090/mo
4beds
2baths
1cars
New to the Market New
BEDS4 BATHS2 full MLS#12615533
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 46

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519 W Highland Avenue , Elgin, IL 60123.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $324,900$324,900$324,900
Down Payment $64,980$11,372$81,225
Monthly Mortgage Amount $1,538$1,913$1,991
Taxes $452$452$452
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$143$0
Monthly Estimated Total $2,090$2,608$2,543

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