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1274 GETZELMAN Drive
1274 GETZELMAN Drive
1274 GETZELMAN Drive
1274 GETZELMAN Drive
1274 GETZELMAN Drive
1274 GETZELMAN Drive
1274 GETZELMAN Drive
1274 GETZELMAN Drive
1274 GETZELMAN Drive
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Bought with Leticia Lara with HomeSmart Connect LLC and Listed by Mary Hager-Swanson with Swanson Real Estate 847-502-7587
$1,100,900

1274 GETZELMAN Drive

7,500 Sq.Ft.

Description

LONG TERM OWNER SAYS -- IT'S TIME. Excellent and rare Investment Opportunity! Large 9 unit; All large 1 bedroom units with eating nook and private parking. Laundry on site -- current owner has washing machine with $2.00 to wash and $1.00 to dry - another source of revenue. Several tenants below market -- room for an additional rental increases. Quiet building with long term tenants and all mechanicals in tip top shape. No HOA - owner makes all decisions relative to building, grounds and tenants. SOLD DURING PROCESSING.

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Location

1274 GETZELMAN Drive, Elgin, IL 60123

Status

Sold

Date Sold

June 6, 2025
Mary Hager-Swanson

Mary Hager-Swanson

TITLE

Managing Broker

Property Amenities

Area & Lot
Total area 7,500 Sq.Ft.
Living area 7,500 Sq.Ft.
MLS® ID 12374197
Year Built 1969
Type Multi-Family
Status Sold
Exterior
Stories 3
Air conditioning Wall Sleeve
Water Source Municipal Water
Roof Composition
Utilities Sewer Connected
Finance
Sales Price $1,100,900
Maintenance Fee $12,551 monthly
Real Estate Tax $21,900 yearly

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