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Elgin, IL 60123

About this property

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!

About this property

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!

Features and Additional Information

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$73,000 Active
1 Bed
1
Bath
750 sqft

Presented By Daniel and Associates Real Estate

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Get in touch today! Phone: 1-630-231-8090
Brokerage
Berkshire Hathaway HomeServices Starck Real Estate
1-815-459-5900
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Area Information

Elgin | Kane County | The Greens of Elgin

$ 73,000
This listing is play_arrow 18.4% lower than the average in the area
$ 89,450 in the area
750 SqFt
This listing is play_arrow 13.0% smaller than the average in the area
863 SqFt in the area
$ 97 $/SqFt
This listing is play_arrow 6.5% less than the average in the area
$ 104 $/SqFt in the area
89 days on site
This listing is play_arrow 16.3% above the average in the area
77 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Dee Gamble
Brokerage: Berkshire Hathaway HomeServices Starck Real Estate

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