Back 164 Oak St
Off Market

164 Oak St

Elgin IL 60123

3
2
3
Multi-Family
Last sold for $207,500
Denise GombarDenise Gombar, last sold this property on 27 September 2022 after 94 days on market.

Overview

DON'T MISS THIS AMAZING MULTI-UNIT INVESTMENT OPPORTUNITY! This well-kept home in the heart of Elgin offers 2 stunning tenant-occupied units with a quiet fenced-in backyard. The LOWER unit offers 2 bedrooms, with a flex room that could be a potential 3rd bedroom (including a walk-in closet), and a fully updated bathroom. The UPPER unit boasts 1 bedroom, 1 bathroom, spacious living room, and private balcony. EACH UNIT has their own thermostat (Forced Heat and Central A/C), and THEIR OWN washer and dryer. Updates since 2019 include updated bathroom, interior paint, new flooring in Upper Unit, new refrigerators in BOTH Units, plus new furnace and extensive duct work throughout. This location is only minutes away from stores and restaurants. Please see private remarks for tenant info.

Features

3 bedrooms
2 bathrooms
3 carspaces
3 open car spaces
Multi-Family

Estimated Value

Based on this property and similar 3 bedroom multi families sold in Elgin over the last 12 months, the estimated median property value of 164 Oak St is $321.75k.

Median value
$321.75k
Estimated value range
$314.9k - $375.5k
Median days on market
20
Estimated value trend
0%
decrease 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 164 Oak St

2022
Sold
$207,500
27 Sep 2022 by Denise Gombar, of Keller Williams Inspire - Geneva
2019
Sold
$180,000
16 Sep 2019

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 3 bedroom multi families in Elgin

In the last 12 months, 3 three-bedroom multi families similar to 164 Oak St, have been sold.

This represents a 200% decrease in three-bedroom multi families sales when compared to the previous 12 months.

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