Description
INVESTOR ONLY! Rare, turnkey opportunity in The Greens of Elgin, a premier 55+ independent living community. Long-term tenant in place with lease extending through March 2027 at $600/mo. This secure 3rd-floor end unit is conveniently located near the elevator and boasts major 2023 upgrades, including a new furnace, A/C, and water heater. Features an open floor plan, fully applianced kitchen, in-unit washer/dryer, and a private patio with peaceful green space views. The monthly assessment - paid by tenant - provides high-value amenities that residents love, including 20 dinner meals/mo., all utilities, weekly housekeeping/linen service, transportation, and a full calendar of social/cultural activities. Includes basement storage; garages available for an additional charge. A hassle-free, income-generating asset in a highly desirable community!
Details
| MLS # | 12575429 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $1,974 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2002 |
| Days On Site | 83 |
| Listing Provided By | Berkshire Hathaway HomeServices Starck Real Estate | Dee Gamble |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 750 |
| Story(s) | 3 |
Interior
| Rooms Total | 3 |
|---|---|
| Cooling | Central Air |
| Heating | Natural Gas, Forced Air |
| Interior Features | Storage |
| Appliances | Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer |
| Laundry Features | Washer Hookup |
| Window Features | Screens |
Exterior
| Exterior Features | Balcony |
|---|---|
| Roof | Asphalt |
| Lot Features | Common Grounds, Landscaped |
| Construction Materials | Brick |
Utilities
| Utilities | Cable Available |
|---|---|
| Sewer | Public Sewer |
| Electric | Circuit Breakers |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 1073 |
Area Information
| State | IL |
|---|---|
| County | Kane |
| City | Elgin |
| Zip Code | 60123 |
| Area | Elgin |
| Community Name | The Greens of Elgin |
| Listing VS Median (in The Greens of Elgin) | |
Price: $73,000 low | high Med: $88,000 sqft: 750 low | high Med: 750 $ / sqft: $97 low | high Med: $117 On site: 83 low | high Med: 61 | |
Market Activity 60123
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Learn More About This Property
| State | IL |
|---|---|
| County | Kane |
| City | Elgin |
| Zip Code | 60123 |
| Area | Elgin |
| Community Name | The Greens of Elgin |
| Listing VS Median (in The Greens of Elgin) | |
Price: $73,000 low | high Med: $88,000 sqft: 750 low | high Med: 750 $ / sqft: $97 low | high Med: $117 On site: 83 low | high Med: 61 | |