Algonquin, IL 60102,503 Summit ST
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Algonquin, IL 60102,503 Summit ST
Algonquin, IL 60102,503 Summit ST
Algonquin, IL 60102,503 Summit ST
Algonquin, IL 60102,503 Summit ST

$285,000

Est. payment /mo

$279,000

2.2%
Est.Price: ?

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503 Summit ST Algonquin, IL 60102

4 Beds

0.29 Acres Lot

SOLD DATE : 08/22/2022

Key Details

Sold Price $285,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

Subdivision Janak

MLS Listing ID 11429930

Sold Date 08/22/22

Bedrooms 4

Year Built 1960

Annual Tax Amount $5,714

Tax Year 2021

Lot Size 0.290 Acres

Lot Dimensions 95X132X95X132

Property Description

Amazing Investment Opportunity! Legal Non-Conforming two-unit home in highly sought after location. Separate Electric Meters. One unit is ranch unit with basement - has main floor main bedroom and bathroom w/ kitchen and dining area, along with 3 lower level rooms used for bedrooms and another living area. 2nd full bathroom on lower level as well. Upstairs apartment is over the garage and is a 1 bedroom/1 bathroom apartment with kitchen and combination living room/eating area. Extra large fenced in backyard, 2 car garage, and large shared laundry room make this place even more desirable for interested tenants. Come check this one out today and start earning income! Or live in one half and rent out the other side to help cover the bills! An in-law or joint family arrangement is yet another possible use for this home! Don't miss out on this amazing rare opportunity! Bring your updates and ideas to make this place work for you!!!

Location

State IL

County Mc Henry

Area Algonquin

Rooms

Basement Full

Interior

Heating Steam, Baseboard

Equipment CO Detectors, Ceiling Fan(s)

Fireplace N

Exterior

Exterior Feature Deck, Porch

Parking Features Attached

Garage Spaces 2.0

Community Features Sidewalks, Street Paved

Roof Type Asphalt

Building

Lot Description Fenced Yard

Sewer Public Sewer

Water Public

New Construction false

Schools

Elementary Schools Eastview Elementary School

Middle Schools Algonquin Middle School

High Schools Dundee-Crown High School

School District 300 , 300, 300

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Kate Schumacher • Baird & Warner Real Estate - Algonquin
Bought with Deborah Toscano • Century 21 Affiliated

Anne Malone

+1(847) 912-4806

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