14-Unit Apartment
For Sale
Contact for pricing
33 Lynch St, Elgin, IL 60123
Fourteen-unit multifamily property with recent unit renovations, a newer boiler, and a five-year shingle roof.
Property SizeContact for details
Days on Market124
Property Features for 33 Lynch St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
14
Building Details
Tenancy
Multi
Listing Agency:
SVN | Chicago Commercial
(312) 676-1862
Listed By:
Olivia Czyzynski · License #IL 475146577
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 20 at 6:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Chicago Commercial
Investment Insights
Based on property information with market context.
This 14-unit apartment building offers a mix of unit sizes, with 11 units renovated within the past year. Renovations include new vinyl flooring throughout, updated kitchen cabinets and appliances, and bathroom updates, with the remaining three units scheduled to be renovated before spring 2022.
The property is located within walking distance of Downtown Elgin, the Metra Train Station, and just steps from the Fox River, providing close access to local amenities and transportation.
Building systems include a five-year-old shingle roof and a boiler that is about one year old. Each unit has a window unit for air conditioning, and the parking lot was newly seal-coated and striped in 2021. The property has been historically fully occupied for the past 12 years.
The property is located within walking distance of Downtown Elgin, the Metra Train Station, and just steps from the Fox River, providing close access to local amenities and transportation.
Building systems include a five-year-old shingle roof and a boiler that is about one year old. Each unit has a window unit for air conditioning, and the parking lot was newly seal-coated and striped in 2021. The property has been historically fully occupied for the past 12 years.
Key Highlights
- 14‑unit multifamily building within walking distance to Downtown Elgin, the Metra Train Station, and steps from the Fox River
- 11 units renovated within the past year; the remaining three units will be renovated before spring 2022
- Renovations include new vinyl flooring throughout, kitchen cabinet and appliance updates, and bathroom updates
Property Analytics
Property Profile
Current Use
Lease Details
14
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,254
Businesses Nearby
Explore this area
Business Placement
Demographics for 60123, IL
47,932
Population
18,129
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
14.0 sq mi
ZIP Area
3,424
Density / Sq Mi
$86,762
Median Household Income
$40,288
Median Earnings
$1,226
Median Rent
$242,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fourteen-unit multifamily property with recent unit renovations, a newer boiler, and a five-year shingle roof.
Where is this apartment building located?
The property is located at 33 Lynch St Elgin, IL.
What are key features of this property?
This property features: 14‑unit multifamily building within walking distance to Downtown Elgin, the Metra Train Station, and steps from the Fox River; 11 units renovated within the past year; the remaining three units will be renovated before spring 2022; Renovations include new vinyl flooring throughout, kitchen cabinet and appliance updates, and bathroom updates
