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566 Raymond Street
566 Raymond Street
566 Raymond Street
566 Raymond Street
566 Raymond Street
566 Raymond Street
566 Raymond Street
566 Raymond Street
566 Raymond Street
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Pending

566 Raymond Street

566 Raymond Street, Elgin, IL 60120

$224,900
Charming Two-Unit in Elgin's Historical District with Excellent Income Potential! This character-filled property offers the perfect blend of classic charm, flexible living space, and strong investment opportunities. The first-floor unit features a spacious 3 to 4-bedroom layout with a walkout basement. Ideal for future finishing or extended living. The upstairs 1-bedroom unit offers excellent natural light and the possibility to reconfigure for even higher rental income. Situated on a wide lot, the property features a 1.5-car garage, an expansive brick patio, and a deep, private yard, offering outdoor comfort and ample room to expand. With rents rising in the area, this is an excellent opportunity for an owner-occupant or investor seeking substantial passive income. Perfect for a handyman buyer with a vision, this home has great bones and needs the right touch-ups and cosmetic updates to unlock its full value. Whether you're looking to maximize cash flow, renovate and build equity, or live in one unit while renting out the other, this property offers significant potential for growth. Unique charm, usable space, and endless possibilities- bring your architectural ideas and make the most of this rare opportunity! *See attached floor plan*

5
beds

3
baths

10,890 Sq.Ft. lot

Esther Zamudio

Esther Zamudio

Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms3

Area & Lot

  • Status Pending
  • Lot Area10,890 Sq.Ft.
  • MLS® ID12393215
  • TypeMulti-Family
  • YEAR BUILT1900
  • NeighborhoodElgin
  • School District46

Exterior

  • Garage Space1.0
  • water SourcePublic
  • roofAsphalt
  • lot featuresCorner Lot
  • parkingOn Site, Garage Owned, Detached, Garage
  • HEAT TYPENatural Gas
  • sewerPublic Sewer

Financial

  • Sales Price$224,900
  • Real Estate Tax $4,293/yr
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 566 Raymond Street, Elgin, IL 60120. We are reviewing your request and will be in touch shortly!

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