About This Home
This 4-bedroom, 3-bathroom residential multi family at 1105 Morton Avenue in Elgin, IL is listed for $435,000. Built in 1900, on a N/A lot.
Key Features
- Built in 1900
- 3 parking spaces
Property Details
Exceptional investment opportunity! This well-maintained 3-flat with a rare 3-car garage offers the perfect combination of income potential, flexibility, and long-term value. Whether you're an investor seeking strong cash flow or an owner-occupant looking to offset your mortgage, this property delivers endless possibilities.
Each unit offers spacious living areas and flexible floor plans, making them attractive options for tenants or multigenerational living. Live in one unit while generating rental income from the others, or maximize returns by leasing all three units. The 3-car garage provides valuable off-street parking and additional convenience rarely found in multifamily properties.
With solid bones and room to add your personal touches, this property presents an excellent opportunity to build equity and increase value over time. Conveniently located near schools, parks, shopping, dining, and public transportation, this property offers easy access to everyday amenities while appealing to a broad range of tenants.
Whether you're expanding your portfolio or purchasing your first income-producing property, this versatile 3-flat is an opportunity you won't want to miss. Schedule your private showing today!
Monthly Cost Estimate
$2,326/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1105 Morton Avenue
Elgin, IL 60120
Property Details
Construction
Parking
Heating
Questions & Answers
This 4-bedroom, 3-bathroom residential multi family at 1105 Morton Avenue is listed at $435,000. The estimated monthly payment is $2,327 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 3 parking spaces.
This property is listed by Christopher Davis and can be reached at (847) 489-3476.