208 Moseley Street, Elgin, IL 60123

Welcome to this property located in Elgin, IL. featuring 5 bedrooms, 3 bathrooms. this home is offered at $459,900.

Great investment opportunity in Elgin. This unique 3-unit property offers strong upside and multiple income streams. The main building features a lower-level 3-bedroom unit with access to a 2-car garage, plus an upper-level studio apartment. Don’t miss the detached 2-bedroom cottage located at the rear of the property off the alley. This separate unit has new flooring, fresh paint, its own parking, and a fenced-in yard, making it ideal for tenant appeal or owner flexibility. Property includes three separate water meters. Two units are currently occupied by long-term tenants, with current rents below market, offering clear potential to increase cash flow. Sold as-is. A solid opportunity for investors looking to add value and grow income in a strong rental market. Contract fell through another buyers loss is your gain.

Climate control includes natural gas, forced air, steam heating. A cellar, full basement provides additional space.

The property sits on a 99 x 157 lot. with 2 parking spaces (garage door opener, yes, garage owned, detached, garage).

Utilities include public water and public sewer sewer.

Located in Kane County. students will attend Washington Elementary School Elementary, Washington Middle School Middle, Larkin High School High School.

Annual property taxes are $7,814 (as of 2024).