472 N Spring Street, Elgin, IL 60120

Elgin
Local realty services provided by:ERA Partners
472 N Spring Street,Elgin, IL 60120
$420,000
  • 6 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: kevin williams
Office: homesmart connect
MLS#:12704270
Source:MLSNI

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Price summary

  • Price:$420,000

About this home

Great Turnkey Investment Opportunity located in historic district just north of rapidly developing downtown Elgin. Remodel in 2020 included 2 new eat-in kitchens with granite countertops & new appliances, new bathrooms, all new gas forced-air HVAC system with new central air conditioning units, furnaces, and hot water heaters. New roof on house & garage along with all copper pipes replacing old galvanized also in 2020. Large 2-story detached 1200sf garage currently used for owner's storage is potential 3rd unit coach house development or can be rented to tenants now for indoor parking income. Separately metered gas & electric. Coin-operated commercial washer & dryer in basement shared by both units provides extra income. Second floor tenants maintain lawn and bushes and are responsible for snow removal in exchange for $60/month reduction in rent which is reflected in adjusted Unit 2 current lease amount of $1,640/month. Both apartments are currently leased - start out with strong...

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Home facts

  • Listing ID #:12704270
  • Updated:September 05, 2026 at 07:18 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:10
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$420,000
  • Tax amount:$7,406 (2025)

Features and amenities

  • Amenities:Multiple Water Heaters, Sump Pump, TV-Cable

Parking

  • Total parking spaces:4
  • Parking description:Detached Garage, Driveway, Garage
  • Garage:Yes
  • Garage spaces:2
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Frank Scibior

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