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Address Withheld Elgin, IL 60123

$73,000

1
beds
1
baths
750
sqft
2002
year built

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!

Highlights

  • Residential
  • Condominium
  • Built in 2002
  • $1,974/mo HOA
  • 160 days on Market

  • Bedrooms
    1
  • Bathrooms
    1
  • Year Built
    2002
  • Stories
    3.0
  • Construction Materials
    Brick
  • Living Area
    750.0
  • Interior Features
    Storage
  • Appliances
    Dryer, Dishwasher, Microwave, Refrigerator, Washer, Range
  • Exterior Features
    Balcony
  • Cooling
    Central Air
  • Heating
    Forced Air, Natural Gas
  • Basement
    None

  • Lot Features
    Landscaped
  • Utilities
    Cable Available
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of ?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to .

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about ?

Click Ask a Question to talk with our team. You already know it is a 1 bed, 1 bath, listed for $73,000. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Elgin, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for ?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for at around $505. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy ?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Kane County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for ?

In most cases, yes. Whether is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Elgin's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on ?

We can handle that for you. Our preferred local agent specializes in residentials in Elgin and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $73,000 with 750 sqft of space—that comes out to approximately $97 per square foot.

How long has this property been on the market?

was listed on June 03, 2026, which means it's been on the market for 160 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2002, making it approximately 24 years old.

What are the property taxes for ?

The most recent public record shows annual property taxes for were approximately $1,073. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $1,974 paid monthly.

This covers access to community features including: Storage, Laundry.

Is still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 10, 2026 at 05:44PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12575429