+15127844770
Audrey Elrod Realty
Investment Opportunity in Elgin – Duplex on Two City Lots! Great opportunity for investors, builders, or buyers looking for a property with potential! This duplex sits on two city lots zoned R-3, offering possibilities for future development. Depending on City of Elgin regulations and approval, permitted uses may include site-built homes, duplexes, or modular homes. With two separate lots, there may be an opportunity to build two homes, two duplexes, or two modular homes. Buyers should verify zoning, lot requirements, utilities, and development possibilities directly with the City of Elgin Development Services Department. The existing duplex needs repairs and updates, but Unit B is currently tenant-occupied, providing an opportunity for rental income. Unit A is available for showings, while Unit B may be viewed by appointment arranged through the listing agent. Whether you're looking to renovate an existing income-producing property or explore future development possibilities, this property offers plenty of potential! Property is being sold AS-IS. Seller does not have a survey. Schedule your showing today and explore the possibilities!
Listing courtesy of Jeanette Shelby, Realtors. Contact: (512) 281-3412
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