Karen D. Sims, Managing Broker, Realtor® IL 471.017565 | Buy Sell Invest Fox Valley IL 481.012342
Great Investment Property
2 - 2 bedroom, 1 bath units
Outstanding investment opportunity in a classic Elgin two-flat located in the Spring-Douglas historical district, offering immediate cash flow plus long-term upside!
This well-maintained up/down duplex features two generously sized 2-bedroom units full of vintage character - high ceilings, natural millwork, a charming bay window, and gleaming hardwood floors throughout. Easy walking distance to schools, library and downtown.
Unit 1 (421) - VACANT & MOVE-IN READY: Freshly painted, professionally cleaned, and updated with new kitchen flooring - ready to lease at market rent or perfect for an owner-occupant. This spacious 2-bedroom layout includes a primary bedroom and second bedroom, both with generously sized closets, plus a separate living room and family room for flexible everyday living. The kitchen and dining area form one large, open, adjoined space - ideal for entertaining - along with a full bath. Get top rent from day one with this beautifully refreshed unit.
Unit 2 (419) - LONG-TERM, STABLE TENANT: A comfortable 2-bedroom layout with a functional galley kitchen, spacious living room, and full bath. Currently occupied on a month-to-month lease, providing immediate income with flexibility for future rent increases or owner use.
Additional highlights include a freshly painted basement for extra storage, a detached 2-car garage, and a generous fenced yard - all located just minutes from downtown Elgin, Metra, shopping, and dining.
Whether you're an investor looking to add a cash-flowing asset to your portfolio or an owner-occupant hoping to live in one unit while renting the other, this solid two-flat checks every box: updated, spacious, and priced to perform.
(Lower unit can be a go & show, upstairs requires 48 hour notice.)
Come see this one in person, you won't be disappointed.
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