720 Riverside Drive South Elgin, IL 60177

$200,000
2
Beds
2
Baths
0.19
Acres
848
SQFT
236
$/SQFT
$200,000
2
Beds
2
Baths
848   sf
$236 / sf
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sold - 05/02/2023
1/25
Street View

Unique RIVERFRONT property offering 2 cottages & 60 Ft water frontage! Kayak canoe or fish out your backyard! Great for investors looking for awesome rental income or Buyer wanting to live in one & rent the other...possible in law setup as well. There are 2 address's 720 & 722 and one parcel number ~the smaller cottage is a 2 bedroom w/approximately 543 Sq ft of living space~The larger one has approximately 848 Sq ft w/ 2 bedrooms plus a large Den that could possibly be a 3rd bedroom~ Currently both are rented with 1 year lease ending May 31st 2023. The buyer would have to honor those lease's until then. The smaller is now rented for $950 a month and larger rented for $1250 a month~Renters are willing to sign a new lease in May if Buyer wishes~ Both have central air, laundry hookups~ both have newer roofs 3 years old. Fabulous location boasting 2 parks 1 block down the street

Unique RIVERFRONT property offering 2 cottages & 60 Ft water frontage! Kayak canoe or fish out your backyard! Great for investors looking for awesome rental income or Buyer wanting to live in one & rent the other...possible in law setup as well. There are 2 address's 720 & 722 and one parcel number ~the smaller cottage is a 2 bedroom w/approximately 543 Sq ft of living space~The larger one has approximately 848 Sq ft w/ 2 bedrooms plus a large Den that could possibly be a 3rd bedroom~ Currently both are rented with 1 year lease ending May 31st 2023. The buyer would have to honor those lease's until then. The smaller is now rented for $950 a month and larger rented for $1250 a month~Renters are willing to sign a new lease in May if Buyer wishes~ Both have central air, laundry hookups~ both have newer roofs 3 years old. Fabulous location boasting 2 parks 1 block down the street

Listed by:
Homesmart Connect LLC

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Homesmart Connect LLC.
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School Info

Property details

Community Features

  • No HOA

Waterfront

  • River front
  • Water front

View

  • Water view

Exterior features

  • No Pool
  • Parking Off-Street
  • Patio

Interior Features

  • Central Air Conditioning
  • Heat Gas
  • Main Floor Bedroom

Style

  • Ranch / One Story

Property History

DateDays AgoEventNew Price
May 2, 202312 mos agoPrice decreased19,900 (9%)$200,000
Jan 24, 20231 yr agoPrice decreased10,100 (4%)$219,900
Nov 2, 20221 yr agoNew on market$230,000
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