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$339,900
Est. payment /mo
5 Beds
3 Baths
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12338794
Style Ranch
Bedrooms 5
Maintenance Fees $1,200
Annual Tax Amount $9,350
Tax Year 2023
Lot Size 8,712 Sqft
Lot Dimensions 131.8' X 66.8'
Property Sub-Type Two to Four Units
Property Description
Prime Investment Opportunity - 3-Unit Apartment Building in the Heart of Elburn! Welcome to an exceptional ranch style 3 unit multi-family investment property located just steps from charming downtown Elburn and minutes from the Metra station! This fully rented, well-maintained 3-unit apartment building offers immediate cash flow potential with long-term upside in a growing, high-demand rental market. Each unit features its own private entrance and spacious layout, blending comfort and functionality. With a mix of 1- and 2-bedroom units, this property appeals to a wide range of tenants-from commuters to young professionals to families. The building sits on a generous corner lot with ample off-street parking and green space, offering convenience and a touch of suburban charm. Property Highlights: * 3 fully MTM leased residential units. Each Unit is a 2 bed 1 bath * Separate utilities for each unit. o Owner pays water o Owner pays Trash removal o Owner pays Lawn Care and Snow Removal * Strong rental history and tenant retention with long term residents * Zoned residential/multifamily * Walkable to downtown Elburn for local shops, dining, schools, and parks * Just minutes to Elburn Metra station and Route 47 and Route 38 for easy commuting Whether you're a seasoned investor expanding your portfolio or a first-time buyer looking for income-producing property, 110-114 Babcock Street is a rare find in a prime location. Don't miss out on this turnkey investment with upside potential in one of Kane County's most desirable communities. Asphalt Parking lot, Roof replaced approximately 5 years ago, newer appliances in some of the units. No laundry on site. Each unit has Electric Baseboard Heat Registers, Window Air Conditioners, each unit has their own Hot Water Heater. Selling AS IS. Schedule a showing today see the potential for yourself. Listing agent will attend all showings (buyer's agent must attend).
Location
State IL
County Kane
Area Elburn
Zoning SINGL
Rooms
Basement Crawl Space
Interior
Heating Electric
Fireplace N
Exterior
Roof Type Asphalt
Building
Lot Description Common Grounds
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 302 , 302, 302
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kelly Schmidt • Coldwell Banker Realty
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