514 Locust Street Elgin, IL 60123 • Residential - Single Family • New $199,900

Description

Calling all investors, rehabbers, flippers, and buyers looking to build instant equity! This spacious two-story home offers a fantastic floor plan featuring 3 bedrooms, 1.5 baths, and generously sized living spaces rarely found at this price point. There is hardwood floor throughout much of the home and the expansive living room, separate family room, formal dining room, and enclosed front porch provide exceptional flexibility and the perfect foundation for a stunning renovation The spacious kitchen includes all existing appliances and offers endless potential to become the heart of the home. Upstairs, you'll find all three generously sized bedrooms. The renovation has already begun to convert the upstairs half bath into a full bathroom, providing an outstanding opportunity to add immediate value. The huge unfinished basement offers incredible potential for future living space, a workshop, or abundant storage. A detached one-car garage adds even more functionality and convenience. Priced to sell and reflecting its current condition, this home is being sold AS IS, with cash buyers preferred. Whether you're looking for your next flip, long-term investment, or a chance to create your dream home while building significant equity, this property delivers outstanding potential. With solid bones, an excellent floor plan, tremendous upside, and a highly desirable west-side location, this is an opportunity you won't want to miss.

Property Highlights