Elburn, IL 60119 118 W North Street
$242,500
1 more
Presented By: Castle View Real Estate
Beds • 3
Baths • 2
Home Details
Opportunity is knocking here! This property's location, one block off main street, offers great potential for becoming a great business/office/retail space. (see photos for commercial concept) OR continue its current use as a cash flowing income producing rental with a 7.7% cap rate! Offering good current cash flow and with the potential of becoming a great business/office/retail space, how can you go wrong with either use?
Presented By: Castle View Real Estate
Interior Features for 118 W North Street
Bedrooms
Bedrooms Possible3
Total Bedrooms3
Bathrooms
Full Baths Building2
Half Baths Building
Total Baths2
Other Interior Features
BasementUnfinished, Partial
Total Number of Units2
General for 118 W North Street
Additional Parcels Y/NNo
CityElburn
Construction MaterialsAluminum Siding
CountyKane
DirectionsFrom Rt. 47 (Main Street), West on North St.
Elementary School District302
Gross Income28980
HeatingNatural Gas, Forced Air
High School District302
Insurance Expense2007
MLS AreaElburn
Middle/Junior School District302
ModificationTimestamp2025-06-23T05:07:16.333Z
Net Operating Income18785
New ConstructionNo
OwnershipFee Simple
PossessionTenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount6957.98
Tax Year2024
Total Rooms7
TownshipBlackberry
Water Sewer Expense1230
Year Built1943
Exterior for 118 W North Street
Lot Dimensions60 X 107.17 X 60 X 107.26
Parking FeaturesOn Site
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
