Amazing value-add investor opportunity in South Elgin's Fox River Beach subdivision! This 2-unit property sits on an oversized lot backing directly to the water. The property is occupied, offering a flexible buyer the option to keep the current tenants or request a vacant delivery at closing. Unit 1 features a spacious 2-bedroom, 1-bathroom layout with an attached 2-car garage, smart thermostat, LVP flooring, and an updated kitchen with 42" cabinets, tile backsplash, quartz countertops, and modern appliances. Unit 2 also includes 42" cabinets, quartz countertops, appliances, and beautiful waterfront views. An additional separate space provides incredible potential to be converted into a 3rd unit to maximize cash flow! The home needs some work-including the driveway, front walk, and some interior floor/ceiling TLC-but it is a prime chance to build immediate equity. The sale also includes a small vacant lot to the left of the property. Sold as-is.