118 W North Street, Elburn, IL 60119

Local realty services provided by:ERA Naper Realty
#1#2#3
118 W North Street,Elburn, IL 60119
$242,500
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:thomas vierig
Office:castle view real estate
MLS#:12389885
Source:MLSNI

Price summary

  • Price:$242,500

About this home

Opportunity is knocking here! This property's location, one block off main street, offers great potential for becoming a great business/office/retail space. (see photos for commercial concept) OR continue its current use as a cash flowing income producing rental with a 7.7% cap rate! Offering good current cash flow and with the potential of becoming a great business/office/retail space, how can you go wrong with either use?

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Home facts

  • Year built:1943
  • Listing Id #:12389885
  • Added:57 day(s) ago
  • Updated:August 13, 2025 at 07:45 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1943

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$242,500
  • Tax amount:$6,958 (2024)
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