Elgin, IL 60123 230 s state Street

Presented By: ARNI Realty Incorporated
  • MLS# 12336160
  • 04/11/2025
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  • Beds • 6

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This great opportunity for an investment building so conveniently located near a Metra stop (only 1.4 miles away), Randall Rd, Rt 20, and I90 does not come along very often! 230 State Street offers Building is fully rented many long terms tenant positive cash flow.
Presented By: ARNI Realty Incorporated

Interior Features for 230 s state Street

Other Interior Features

BasementFinished

General for 230 s state Street

Additional Parcels Y/NNo
Cap Rate9
CityElgin
Construction MaterialsBrick
CountyKane
Current UseMulti-Family
Directions90 to States north to address
Electric Expense3600
Fuel Expense19200
Gross Income574800
Insurance Expense15000
MLS AreaElgin
MaintenanceExpense17500
ModificationTimestamp2025-05-25T05:07:10.221Z
Net Operating Income422378
Number Of Units Total32
Operating Expense168822
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories4
Tax Annual Amount78522
Tax Year2023
Tenant PaysElectricity
TownshipElgin
Trash Expense6000
Water Sewer Expense26000
Year Built1962
ZoningMULTI

Exterior for 230 s state Street

Lot Dimensions32X142X176X201

Additional Details

Price History

Client Care

Price $4,675,000
MLS#12336160
List Date 04/11/2025
Property Type Multi-Family
Phone 847.485.2500
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