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USAILElgin566 Raymond St
566 Raymond St, Home with 5 bedrooms, 3 bathrooms and 1 parking in Elgin IL | Image 1
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$224,900

566 Raymond St, Elgin, IL

Real Estate

For Sale

$--,---,---
531
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $4,293
Days Active 0
Lot Size 
Approx. Age 1900
MLS® Number 12393215

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Charming Two-Unit 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*Show Description
MLS® Number12393215
Laundry Level
Central VacNo
FireplaceNo
Acreage0.25
Exterior
GarageYes
Approx. Age1900
BasementFinished, Rec/Family Area, Full, Walk-Out Access
DrivewayOn Site, Garage Owned, Detached, Garage
Garage Spaces
HeatNatural Gas
A/C
Heating Fuel

Extras

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