Great investment opportunity in Elgin. This unique 3-unit property offers strong upside and multiple income streams. The main building features a lower-level 3-bedroom unit with access to a 2-car garage, plus an upper-level studio apartment. Don't miss the detached 2-bedroom cottage located at the rear of the property off the alley. This separate unit has new flooring, fresh paint, its own parking, and a fenced-in yard, making it ideal for tenant appeal or owner flexibility. Property includes three separate water meters. Two units are currently occupied by long-term tenants, with current rents below market, offering clear potential to increase cash flow. Sold as-is. A solid opportunity for investors looking to add value and grow income in a strong rental market.
Property Features
Heating Information
Natural Gas
Forced Air
Steam
Parking
Garage Door Opener
Detached
Garage
Cooling Information
Ceiling Fan(s)
Water Features
Public
Basement
Full
School Information
School Information for 208 Moseley Street, Elgin, IL 60123
Elementary School
Washington Elementary School
Middle School
Washington Middle School
High School
Larkin High School
Listing Courtesy: Epic Real Estate Group - 847-922-5501
Based on information submitted to the MLS GRID as of 2026-01-08 00:30:55. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-01-08 00:30:55
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT REALTY REDEFINED
2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008