Back 1285 North McLean Boulevard
Off Market

1285 North McLean Boulevard

Elgin IL 60123

4
2
Multi-Family
Last sold for $250,000
Natalee DismukeNatalee Dismuke, last sold this property on 02 September 2021 after 48 days on market.

Overview

**An Investment Opportunity You Don't Want To Miss** The property is conveniently located on McLean Blvd close to I90, entertainment, and shopping. The units share a fenced yard and a patio for family and friends' gatherings. There is plenty of storage in the garage for each tenant. The same tenant currently occupies this investment property since 2008, and the rental amount is $1000. This is the second tenant for unit two since 2008 with the same rental amount. The owner has taken great care of his investment and his tenants. It's time for someones else to gain the benefits of this investment. The Hot Water Heater is 5yrs newer, the roof 12years newer, and a washer and dryer in the common area of the building. There are two electric meters and common water and gas, the Landlord is responsible for the water, gas, and waste pick up. Each unit has a wall a/c unit... This won't last long.

Features

4 bedrooms
2 carspaces
2 garage spaces
Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Elgin over the last 12 months, the estimated median property value of 1285 North McLean Boulevard is $435k.

Median value
$435k
Estimated value range
$310k - $469k
Median days on market
9
Estimated value trend
32%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Elgin. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1285 North McLean Boulevard

2021
Sold
$250,000
02 Sep 2021 by Natalee Dismuke, of Realty One Group Excel
2008
Sold
$167,500
30 Apr 2008 by ROBYN HUFFAR, of Lifestyles Real Estate Inc.

Happy sellers in Elgin

96%
96% of sellers in Elgin reported that their sale price either exceeded or met their price expectations.

Elgin stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Elgin over the last 12 months.

Local market activity for 4 bedroom multi families in Elgin

In the last 12 months, 5 four-bedroom multi families similar to 1285 North McLean Boulevard, have been sold.

This represents a 38% increase in four-bedroom multi families sales when compared to the previous 12 months.

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