GREAT investment opportunity in the HISTORIC district of Elgin. 9% cap rate and net cash flow is over 1k per month! Sellers own entire building (271 & 273). Located near local restaurants/recreation center/ library. All units are occupied and some units have had the same tenant since 2010! Roof in 2004 and the owners are currently waiting on pricing to have a new roof installed! Separate furnace/water heaters 10 years old. Only showing 2/4 units (273 units 1 and 2) with the option to show all units if you can show it from 1:30-3:30 PM. SERIOUS BUYERS ONLY!!!!!!!
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