624 South Street, Elgin, IL 60123
Local realty services provided by:ERA Naper Realty



624 South Street,Elgin, IL 60123
$429,000
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:richard grieger
Office:inspire realty group llc.
MLS#:12406763
Source:MLSNI
Price summary
- Price:$429,000
About this home
This is the investment opportunity you've been waiting for! Seller just completed a total tear-off roof replacement last week and has priced it to sell! Whether you're an investor, owner-occupant, or contractor, this property offers unmatched flexibility and value: 2 Spacious Units; Live in one and rent the other, or rent both and the garages for serious income. Fully Functional Garage Building - Situated at the rear of the lot with electric, gas, and water lines (gas & water currently capped off). Features 3 overhead doors (with room to add a 4th), a main-floor office/storage room, and an unfinished but floored upper level-perfect for a workshop or storage. Updated Mechanical Systems - Both units have 1.5-year-old GFA furnaces and central AC. Energy Efficient - Triple insulation in all exterior walls and nearly all newer thermo type windows; Shared Basement Access - Central staircase leads to a clean, shared basement with hookups for two sets of washers and dryers. Owner pays water/sewer; tenants pay gas and electric. Zoned and set up for success, this property offers endless income potential with minimal overhead. Whether you're looking to expand your portfolio, or create the perfect live/work setup, this is the one! MAI appraisal on file!!!
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Home facts
- Year built:1900
- Listing Id #:12406763
- Added:37 day(s) ago
- Updated:August 13, 2025 at 10:47 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1900
- Lot area:0.42 Acres
Schools
- High school:Larkin High School
- Middle school:Kimball Middle School
- Elementary school:Washington Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$429,000
- Tax amount:$7,871 (2024)
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