Elgin IL Multi Family for Sale
$365,000
1105 Morton Avenue Elgin, IL 60120
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 4
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 12262066
View additional info
Courtesy: Zamudio Realty Group
847-608-6600
ADDITIONAL INFORMATION
Endless Possibilities! 3-Flat with 3-Car Garage - A Perfect Investment Opportunity This spacious three-flat offers the ideal setup for homeowners or investors looking to maximize their potential. Live in one unit and rent out the other two. Your rental income helps with your mortgage! Three Spacious Units: Flexible layouts perfect for tenants or multigenerational living. Incredible Income Potential: Current rents are very low, allowing significant increases to match market rates. Ample Parking: A rare 3-car garage provides convenience and added value for residents. Tons of Potential: Ready for your vision, whether you update, renovate, or move in. Conveniently located near schools, parks, shopping, and public transportation. This is your chance to own a property that generates income while building equity. It's perfect for investors or seasoned pros! Don't wait-schedule your showing today!
$300,000
360 Hastings Street Elgin, IL 60120
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1919
- Baths:
- 2.00
- MLS#:
- 12260942
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Courtesy: Baird & Warner
630-377-1855
ADDITIONAL INFORMATION
This is an amazing opportunity to live in one, rent the other! Imagine the possibilities with this unique property. With two separate units, the potential for rental income is unbeatable. Each unit has 2 private entrances, 2 bedrooms and bathroom in each floor. The basement is a good size and there's a big 2 car garage - perfect for extra storage space. Whether you're looking for a new place to call home or a smart investment opportunity, this property has it all. The best part? The rents are currently lower than market value, so there's potential for increased income. Roof on the home is from 2019, water heater & boiler from 2021. This is definitely a gem worth considering for anyone looking to build their real estate portfolio. Take advantage of this chance before it's gone.
$550,000
363 Prairie Street Elgin, IL 60120
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1850
- Baths:
- 6.00
- MLS#:
- 12257824
View additional info
Courtesy: Under One Realty
312-404-3529
ADDITIONAL INFORMATION
This charming cobblestone building boasts stunning curb appeal and is situated on a picturesque, tree-lined street within walking distance of downtown. Listed on the National and Elgin Historical Registry, this four-unit property has been thoughtfully updated throughout. Each unit offers ample storage. Unit 1 features a unique two-story layout with a private entrance, while Units 2, 3, and 4 share a common hall with an elegant open staircase. The property includes a fenced common yard and a coin-operated laundry facility in the basement. The building is equipped with two boilers, two hot water heaters, and four electric meters, with the owner covering the electric bill for the entire property. Property is being sold "AS IS."
$299,900
512 W Chicago Street Elgin, IL 60123
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 2
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 12253952
View additional info
Courtesy: RE/MAX Horizon
847-931-7500
ADDITIONAL INFORMATION
Money making 3 unit property on Elgin's West-side. Besides needing a fresh coat of paint on the exterior, this property is in very good condition and has been updated over the years. There are 3 gas meters and 3 electric meters. Owner pays water. Each unit has a circuit breaker box inside the apartment. The rear deck on the property was redone in recent years. The parking lot is newer and holds 4-5 cars.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1896
- Baths:
- 3.00
- MLS#:
- 12216162
View additional info
Courtesy: Worth Clark Realty
800-991-6092
ADDITIONAL INFORMATION
**Prime Investment Opportunity - Three-Unit Building on Double Lot** This beautifully remodeled three-unit property on a double lot (0624129042 & 0624129041) presents an exceptional investment opportunity or the perfect chance to live in one unit while generating income from the others. With long-term tenants in place and many capital improvements, this property is ready for its next owner. Each unit has been thoughtfully updated, offering modern finishes and the potential for continued rental income. Located just minutes from downtown, the riverboat, and local amenities including the public library and community college, this property is in a highly sought-after area. Commuting is a breeze with easy access to public transportation, I-90, and Route 20. Whether you're looking for a solid investment or a property with multiple living options, this one offers incredible potential. Don't miss the chance to secure this rare find-schedule your private showing today.
$295,000
665 Raymond Street Elgin, IL 60120
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 1 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 12211759
View additional info
Courtesy: Hercana Real Estate
847-912-3461
ADDITIONAL INFORMATION
2-UNIT PROPERTY IN GOOD CONDITION. THIS CAN BE A GOOD OPPORTUNITY TO LIVE IN ONE UNIT AND RENT THE OTHER TO SUPPORT EXPENSES. HOME CAN BE ALSO A RENTAL INCOME PROPERTY FOR INVESTORS. HOUSE IS CURRENTLY RENTED AND TENANTS MAY CONSIDER CONTINUE LIVING THERE.
$339,900
1020 Dundee Avenue Elgin, IL 60120
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1925
- Baths:
- 4.00
- MLS#:
- 12196862
View additional info
Courtesy: RE/MAX Horizon
847-931-7500
ADDITIONAL INFORMATION
Wow! So many opportunities with this versatile building! Currently set up as a multi-unit building, however it has a commercial zoning component to allow for small business if needed! This property has been impeccably maintained! The upper-level unit with private entrance has been completely renovated with all new flooring, updated kitchen, new bath with custom tile work, vaulted ceilings and laundry area! The main floor unit is bright and cherry with arched doorways, extra recessed lighting, crown molding, separate dining area, office area, 2 bedrooms and gracious size living room! Finished lower level with rec room, fully bath, kitchenette and extra storage! Off street parking with rear parking lot! Quick access to I-90 and train station! Great investment property! **Due to the mixed use zoning a commercial loan will be needed or cash offer**
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 2005
- Baths:
- 6.00
- MLS#:
- 12138008
View additional info
Courtesy: Real Broker LLC
217-960-8605
ADDITIONAL INFORMATION
Discover the perfect blend of comfort and investment with this impressive side-by-side duplex. Each unit is thoughtfully designed with 3 bedrooms with the primary on the 1st level with an en-suite featuring separate shower, jacuzzi tub and walk in closet. Hardwood floors in the living room and all bedrooms. Kitchen with stainless steel appliances, eat-in area and sliding doors to spacious patio. 2 bedrooms each with one bathroom are located on the 2nd level which has an open view to the living room. Attic space for expansion. Full basement. Attached 2 car garages. Spacious yard perfect for entertaining. This duplex not only offers a high quality of living but also presents a lucrative investment opportunity. Don't miss out on this exceptional property!
$279,000
333 Gertrude Street Elgin, IL 60123
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1923
- Baths:
- 3.00
- MLS#:
- 12173013
View additional info
Courtesy: Chicago Area Realty Inc
773-545-5300
ADDITIONAL INFORMATION
Great investment opportunity in Elgin! 2 buildings on oversized lot with long driveway and 3 car garage. Front building is a 2flat with full basement. Coach house has 1unit with full basement. Close to public transportation, Interstate 90, bike trails, parks, restaurants, shopping, downtown Elgin with Gail Borden Public Library, Recreation Center with indoor pool & gym, and Hemmens Performing Arts Theater! Sold AS IS.
$280,000
474 Addison Street Elgin, IL 60120
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 11910250
View additional info
Courtesy: Charles Rutenberg Realty of IL
630-929-1100
ADDITIONAL INFORMATION
Beautiful newly remodeled two flat! Features modern looking luxury vinyl plank floors and white cabinets installed in 2023! Live in one unit and rent out the other! Close to Lord's Park and its pond, tennis courts, and more! Newer roof in 2022. Central AC in Apt. A. Agent owned property.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 12156548
View additional info
Courtesy: RE/MAX Horizon
847-931-7500
ADDITIONAL INFORMATION
This side by side duplex has first and second floor living space in both units, plus basements. There are enclosed porches on both sides. Updated mechanicals and utilities are separate for each unit. Electrical has updated circuit breakers. There is a large 4 car parking area and a spacious fenced rear yard. The 325 side has a large deck. Total building size is 2184 SF plus a full basement.
$725,000
900 Grand Avenue Elgin, IL 60120
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 2 Acres
- Baths:
- 2.00
- MLS#:
- 12000939
View additional info
Courtesy: Berkshire Hathaway HomeServices Starck Real Estate
847-931-4663
ADDITIONAL INFORMATION
VERY UNIQUE currently a 2 unit on 2.3 acres with over 300 ft. of frontage to Lords park . legal nonconforming zoned PAB (panned area business) So it can remain residential or if you have a business you can use it for that, and for the developers out there it would be perfect for a senior building, facing the park the city really likes that idea. Lots of possibilities . Truly, one of a kind.
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Elgin Real Estate
The median home value in Elgin, IL is $334,450. This is higher than the county median home value of $310,200. The national median home value is $338,100. The average price of homes sold in Elgin, IL is $334,450. Approximately 67.56% of Elgin homes are owned, compared to 28.95% rented, while 3.49% are vacant. Elgin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elgin real estate agent to arrange a tour today!
Elgin, Illinois has a population of 114,156. Elgin is less family-centric than the surrounding county with 35.83% of the households containing married families with children. The county average for households married with children is 36.28%.
The median household income in Elgin, Illinois is $79,757. The median household income for the surrounding county is $88,935 compared to the national median of $69,021. The median age of people living in Elgin is 35 years.
Elgin Weather
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 37.9 inches per year, with 32.6 inches of snow per year.