INVESTOR ONLY! Rare, turnkey opportunity in The Greens of Elgin, a premier 55+ independent living community. Long-term tenant in place with lease extending through March 2027 at $600/mo. This secure 3rd-floor end unit is conveniently located near the elevator and boasts major 2023 upgrades, including a new furnace, A/C, and water heater. Features an open floor plan, fully applianced kitchen, in-unit washer/dryer, and a private patio with peaceful green space views. The monthly assessment - paid by tenant - provides high-value amenities that residents love, including 20 dinner meals/mo., all utilities, weekly housekeeping/linen service, transportation, and a full calendar of social/cultural activities. Includes basement storage; garages available for an additional charge. A hassle-free, income-generating asset in a highly desirable community!
CondoProperty Type
2002Year Built
$97Price/Sq.Ft.
$1,974/moHOA Dues
Listed by Dee Gamble• Berkshire Hathaway HomeServices Starck Real Estate
Northwest Elgin, located between Randall Road and the Fox River, is a residential and park-rich Elgin neighborhood with curving subdivisions and wooded creek corridors. The neighborhood’s energy concentrates around the Randall Road and Lake Street corridor, where local eateries, small studios, and everyday errands cluster in a steady hum of activity. Lords Park Zoo and the adjacent Lords Park Pavilion act as longtime gathering grounds for walks, picnics, and seasonal events. Housing leans toward mid-century ranches and newer two-stories, with mature trees softening wide streets. The Fox River Trail adds a scenic, car-free route for cycling and running. Downtown Elgin’s Hemmens Cultural Center and Elgin Public Museum sit close enough to shape weekend plans without changing the area’s quieter cadence.
On-site manager/engineer for building (management present)
Security
Security door locks
On-site manager
Fire sprinklers
CO detectors
Construction
Brick construction
Asphalt roof
Building approximately 21–25 years old
Utilities
Public water
Public sewer
Electric with circuit breakers
Cable available
HOA & community
Monthly association fee
Association fee covers heat, air conditioning, water, electricity, insurance, TV/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, and other services
Association amenities include commissary, exercise room, storage, on-site manager/engineer, receiving room, security door locks, laundry, and wheelchair-oriented facilities
Pets allowed (cats OK)
Financial info
Association fee paid monthly
Special service area: No
Other
Building has 90 units
Manager on-site
Subdivision: The Greens of Elgin
Electricity and solar
View estimated energy costs and solar savings for this home