Land contract
Land Contract Deal · Single Family · Elgin, IL
790 Fletcher Dr, Elgin, IL · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units4
Beds / baths5 / 2.5
Living area2,198 sqft
Lot0.38 acres
Year built2011
About this deal
Land contract (contract for deed) on a 3-bed, 2.0-bath single-family home located at 790 Fletcher Dr, Elgin, IL. Purchase price $285,000 — seller retains legal title until paid in full. Flexible down payment and monthly terms; no bank involvement needed. Fast close available.
The numbers
- Cap rate
- 4.6%
- Net operating income
- $19,152/yr
- Cash flow
- +$1,596/mo
- Occupancy
- 3 of 4 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.