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Turnkey Brick Duplex | Fully Rented | Immediate Cash Flow Opportunity
495-499 Franklin Blvd.
For Sale $494,900
 
 

Well-maintained, fully rented brick duplex offering immediate cash flow and true turnkey ownership. Both mirror-image 3 bed/1 bath units are currently leased and generating a combined $4,145 per month in rental income. Unlike many area 2-units, this property was purpose-built as a duplex with separate utilities for each tenant, including separately metered gas, electric and water, plus separate HVAC systems and central air for each side — creating a clean, efficient investment structure with minimal owner expense.

Recent updates include a brand new roof (2025) and new washers and dryers in both units. Each unit features a spacious living/dining combination, eat-in kitchen with ample cabinetry and counter space, full laundry area, attached 1-car garage, and private storage areas with divided crawlspaces and attics. Fully fenced backyard.

Low-maintenance ownership with the owner currently responsible only for lawn care and snow removal at approximately $65/month. Property taxes are $6,852. Conveniently located near downtown, the Rec Center, Library, Metra and I-90.

Whether you're looking to expand your portfolio or secure a strong income-producing asset, this is the kind of property investors look for — updated, occupied and producing from day one.

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Exclusively Listed By

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Violet Ostrowski

Managing Broker

Show House Chicago @ Keller Williams

Mobile: 847.722.2302

Website: myshowhouse.com

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With over 25 years of expertise in the real estate industry, Violet is the driving force behind Show House Chicago, a dynamic team powered by Keller Williams. As a former franchise owner of Keller Williams offices in both the U.S. and Poland, Violet’s leadership and entrepreneurial spirit have left a lasting mark on the global real estate landscape.

Violet’s achievements include ranking in the top 10% of market share and earning a Certified Luxury Home Marketing Specialist – Guild Member distinction, highlighting her mastery in marketing upscale properties. Her clients enjoy an average sales price 30% higher than the MLS average and sellers consistently achieve an impressive 97% of their list price. A remarkable 95% of her business thrives on referrals, underscoring the trust and satisfaction she inspires in her clients.

Violet is also a Senior Real Estate Specialist, proficient in addressing the unique needs of the senior community, as well as a trusted guide for first-time homebuyers. Her expertise spans new construction, foreclosures, and short sales, ensuring she provides exceptional service in any real estate scenario.

Beyond her real estate accomplishments, Violet is a Certified Master Practitioner of Neuro-Linguistic Programming (NLP), a life mentor, a transformational speaker, and a trainer. Her deep understanding of mindset and communication enhances her ability to connect with clients and colleagues on a meaningful level, empowering them to achieve their goals with clarity and confidence.

At Show House Chicago, Violet blends her extensive industry knowledge, innovative strategies, and personal growth expertise to deliver a personalized, results-driven experience. Whether you’re buying, selling, or investing, Violet is committed to not only meeting your expectations but exceeding them.

Welcome to a new standard of real estate. Connect with Violet to begin your journey today!

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Turnkey Brick Duplex | Fully Rented | Immediate Cash Flow Opportunity

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495-499 Franklin Blvd., Elgin, Illinois, 60120

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