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$510,000
6 Beds 2 Baths 12667341 MLS CLOSED Status
Meticulously maintained all brick duplex offering true turnkey ownership. Both mirror-image 3 bed/1 bath units. This property was purpose-built as a duplex with separate utilities for each tenant, including separately metered gas, electric and water, plus separate HVAC systems and central air for each side - creating a clean, efficient investment structure with minimal owner expense. Recent updates include a brand new roof (2025) and new washers and dryers in both units. Fully fenced backyard and each unit features a spacious living/dining combination, eat-in kitchen with ample cabinetry and counter space, full laundry area, attached 1-car garage, and private storage areas with divided crawlspaces and attics. Low-maintenance ownership with the owner currently responsible only for lawn care and snow removal at approximately $65/month. Conveniently located near downtown, the Rec Center, Library, Metra and I-90. Whether you're looking to expand your portfolio or secure a strong income-producing asset, this is the kind of property investors look for. Photos are from when the property was vacant prior to current tenants. 2025 Real Estate tax=$6,852. Lot size=50x115. Year built-1957.

495-499 Franklin Boulevard, Elgin

$399,900
4 Beds 3 Baths 12731445 MLS CONTINGENT Status
Attention investors and savvy buyers-look no further for your next cash-flowing machine in Elgin! Perfectly situated near local schools, parks, and shopping, this outstanding multi-unit property is the ideal turnkey investment or ultimate house-hacking opportunity. The main level offers a bright 2-bedroom, 1-bathroom unit, mirrored by a second 2-bedroom, 1-bathroom unit upstairs, while a full basement provides exceptional potential to generate extra rental income. Adding even more value is a massive garage and workshop, perfect for contractor storage or an additional stream of revenue. Properties with this much upside at this price point are a rare find, so schedule your showing today before this incredible deal slips away!

642 E Chicago Street, Elgin

$319,900
4 Beds 2 Baths 12709745 MLS CONTINGENT Status
Outstanding investment opportunity in a classic Elgin two-flat located in the Spring-Douglas historical district, offering immediate cash flow plus long-term upside! This well-maintained up/down duplex features two generously sized 2-bedroom units full of vintage character - high ceilings, natural millwork, a charming bay window, and gleaming hardwood floors throughout. Easy walking distance to schools, library and downtown. Unit 1 (421) - VACANT & MOVE-IN READY: Freshly painted, professionally cleaned, and updated with new kitchen flooring - ready to lease at market rent or perfect for an owner-occupant. This spacious 2-bedroom layout includes a primary bedroom and second bedroom, both with generously sized closets, plus a separate living room and family room for flexible everyday living. The kitchen and dining area form one large, open, adjoined space - ideal for entertaining - along with a full bath. Get top rent from day one with this beautifully refreshed unit. Unit 2 (419) - LONG-TERM, STABLE TENANT: A comfortable 2-bedroom layout with a functional galley kitchen, spacious living room, and full bath. Currently occupied on a month-to-month lease, providing immediate income with flexibility for future rent increases or owner use. Additional highlights include a freshly painted basement for extra storage, a detached 2-car garage, and a generous fenced yard - all located just minutes from downtown Elgin, Metra, shopping, and dining. Whether you're an investor looking to add a cash-flowing asset to your portfolio or an owner-occupant hoping to live in one unit while renting the other, this solid two-flat checks every box: updated, spacious, and priced to perform. Schedule your showing today (Lower unit can be a go & show, upstairs requires 48 hour notice.)

419-421 N Spring Street, Elgin

$314,900
3 Beds 2 Baths 12701991 MLS PRICE CHANGE Status
**Completely Renovated Riverview 2-Unit Investment Opportunity!** Some work still being completed, please excuse the mess while we finish this extraordinary property for you! This turn-key multifamily property offers the perfect combination of modern updates, strong cash flow, and an unbeatable location along the Fox River in Elgin. Every major component has been renovated, allowing the next owner to enjoy a truly maintenance-friendly investment with nothing left to do but collect rent. The building features a spacious **2-bedroom unit with projected rental income of approximately $1,800 per month** and a well-appointed **1-bedroom unit with projected rental income of approximately $1,500 per month**, providing excellent income potential for both investors and owner-occupants. Both units have been beautifully updated with new finishes throughout, creating bright, modern living spaces that today's tenants are looking for. Additional features include a **full unfinished basement** offering abundant storage and future possibilities, plus an incredible **8-car parking area**-a rare and valuable amenity for a multifamily property. Situated in a desirable riverview setting with convenient access to downtown Elgin, parks, shopping, restaurants, commuter routes, and the scenic Fox River Trail, this property offers the perfect blend of location, lifestyle, and investment potential. Elgin's riverfront and downtown continue to be key attractions for residents seeking outdoor recreation and urban conveniences. **Whether you're expanding your portfolio or looking to reduce your mortgage by living in one unit while renting the other, this fully renovated, move-in-ready property is an exceptional opportunity that won't last long.** Broker Interest

649 Wellington Avenue, Elgin

$420,000
6 Beds 2 Baths 12704270 MLS CONTINGENT Status
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 cash flow right away. Photos are from when both units were vacant prior to tenant occupancy.

472 N Spring Street, Elgin

$474,900
5 Beds 4 Baths 12691540 MLS ACTIVE Status
Now is your time to own one of Elgin's finest historical homes! Located just blocks to downtown Elgin featuring beautiful library, rec center, Hemmens Auditorium and much more! This beautiful home stands up tall situated on a deep level lot with mature trees! Huge covered front porch perfect for those summer nights! Grand foyer/parlor with beautiful custom millwork! Large separate living room with crown and oversized moldings! Separate dining room with exposed wood beams and butler's swinging door to updated kitchen with oak cabinetry, extra recessed lighting and wood laminate flooring! Back covered enclosed porch with separate air/heating and vaulted ceilings perfect for summer gatherings! Huge master bedroom with private fireplace and walk-in closet! Gracious size secondary bedrooms! Rare back-to-back 2 full baths, one with whirlpool tub and second with walk-in shower! Full finished basement with rec room, den, workshop area and added laundry! Rare upper-level unit currently being rented features spacious living room w/cozy gas log fireplace, vaulted ceilings and French door to private balcony! Separate dining area with built-in hutch! Updated kitchen with oak cabinetry and tile flooring! Spacious bedroom with secondary exit for added safety! In-unit laundry! Currently rented for $925.00/mo The main home is loaded with charm and character! Unique detached 2-1/2 car garage with attached heated office perfect for in-home business use or work area! Nothing even close on the market like this! Tremendous amount of space for the value! This is part of an estate sale being sold as is!

386 E Chicago Street, Elgin

$445,000
4 Beds 3 Baths 12683274 MLS CLOSED Status
Exceptional investment opportunity! This well-maintained 3-flat with a rare 3-car garage offers the perfect combination of income potential, flexibility, and long-term value. Whether you're an investor seeking strong cash flow or an owner-occupant looking to offset your mortgage, this property delivers endless possibilities. Each unit offers spacious living areas and flexible floor plans, making them attractive options for tenants or multigenerational living. Live in one unit while generating rental income from the others, or maximize returns by leasing all three units. The 3-car garage provides valuable off-street parking and additional convenience rarely found in multifamily properties. With solid bones and room to add your personal touches, this property presents an excellent opportunity to build equity and increase value over time. Conveniently located near schools, parks, shopping, dining, and public transportation, this property offers easy access to everyday amenities while appealing to a broad range of tenants. Whether you're expanding your portfolio or purchasing your first income-producing property, this versatile 3-flat is an opportunity you won't want to miss. Schedule your private showing today!

1105 Morton Avenue, Elgin

$505,000
3 Beds 3 Baths 12623879 MLS CLOSED Status
Attention investors and savvy buyers! This multi-unit property presents a rare opportunity to own a versatile asset with strong income and value-add potential. Situated on approximately 1.6 acres of land, this property offers space, flexibility, and functionality that is hard to find in today's market. The property benefits from convenient access to shopping, dining, parks, and major commuter routes, making it an attractive location for tenants, business owners, and long-term investment. Featuring a spacious workshop, ample parking, and a layout well-suited for multi-unit living and rental income. The roof has been updated within the last 5 years, and the property has been very well maintained, providing peace of mind for the next owner. The expansive lot offers plenty of room for equipment, vehicles and storage, making it ideal for contractors, investors, or owner-occupants seeking both functionality and income potential. Opportunities like this are rarely available. Schedule your private showing today.

143 S Liberty Street, Elgin

$175,000
4 Beds 2 Baths 12508766 MLS CLOSED Status
Exceptional redevelopment opportunity in Elgin. This property is a full gut rehab offering complete flexibility for investors, builders, or contractors. Currently framed for two units, each designed as 2 bedrooms and 1 bathroom. The interior has been fully stripped, with no plumbing, HVAC, or finishes in place, allowing for a fully customized rebuild. Exterior improvements have been completed within the last five years, and new electrical service (100 AMP) along with electrical boxes have already been installed. The basement requires structural repair to one wall. The sale includes two separate PINs, providing additional land value and potential for future expansion or redevelopment. Property is being sold strictly as-is. No repairs, credits, or survey will be provided. Taxes will be prorated at 100 percent. A strong opportunity for those prepared to take on a full renovation project.

677 Wellington Avenue, Elgin

$314,900
3 Beds 2 Baths 12615533 MLS CLOSED Status
Great opportunity to own a well-maintained 2-unit property in a highly convenient Elgin location! Perfect for both investors and owner-occupants, live in one unit while generating rental income from the other, or add a strong asset to your portfolio. Ideally located within walking distance to Metra, public transportation, parks, schools, shopping, and dining, making it highly desirable for commuters and tenants alike. Both units have been updated with newer flooring, cabinets, countertops, appliances, windows, and fresh paint, offering a clean, modern, and move-in ready feel while minimizing immediate expenses. The layout provides separate living spaces with excellent rental potential and flexibility. Additional highlights include basement access, a spacious lot, and ongoing improvements with front porch and step repairs currently in progress, adding further value. Property is being sold AS-IS. Don't miss this versatile opportunity to generate income, build equity, or both in a growing area!

519 W Highland Avenue, Elgin

$220,000
3 Beds 2 Baths 12587513 MLS CLOSED Status
Excellent opportunity to own a two-unit property in the heart of Elgin at an incredible value! Priced at $219,900, this is one of the most affordable multi-unit properties currently available in the area. The property features a 2-bedroom unit on the main floor and a 1-bedroom unit in the lower level, offering flexibility for owner-occupants or investors looking to generate rental income. With a little vision and updates, this property has tremendous potential to build equity and increase value over time. One of the standout features is the ample parking available directly in front of the property, including a city-maintained parking lot maintained by the City of Elgin at no cost, providing convenient parking for residents and guests. Ideally located near downtown Elgin, the property is just minutes from local shops, restaurants, parks, public transportation, and many of the amenities the city has to offer. Easy access to major roads also makes commuting simple. Whether you're looking to live in one unit and rent the other or expand your investment portfolio, opportunities like this at this price point are hard to find. Schedule your showing today, this one will not last!

58 S Geneva Street, Elgin

$360,000
4 Beds 2 Baths 12539595 MLS CLOSED Status
Great investment opportunity in one of the coziest and most established pockets of Elgin! This legal 2-unit property at 920 Augusta Avenue sits on a true double lot plus driveway! Features long-time tenants with no leases, offering flexibility for an investor or future owner-occupant. Both units are clean, well-kept, and well maintained, with all major improvements completed within the last five years, including roof, siding, windows, and separate gas forced-air furnaces with separate central air for each unit-a rare and valuable upgrade. The property also offers a full, tall basement with excellent storage or additional potential. Conveniently located near Lords Park, the Fox River and scenic bike trails, downtown Elgin dining and shopping, Metra rail service, and easy access to I-90 and Randall Road retail, this property combines strong rental appeal with a prime, walkable neighborhood location.

920 Augusta Avenue, Elgin

$448,000
5 Beds 3 Baths 12537084 MLS CLOSED Status
Great investment opportunity in Elgin. This unique 3-unit property offers strong upside and multiple income streams. The main building features a lower-level 3-bedroom unit with access to a 2-car garage, plus an upper-level studio apartment. Don't miss the detached 2-bedroom cottage located at the rear of the property off the alley. This separate unit has new flooring, fresh paint, its own parking, and a fenced-in yard, making it ideal for tenant appeal or owner flexibility. Property includes three separate water meters. Two units are currently occupied by long-term tenants, with current rents below market, offering clear potential to increase cash flow. Sold as-is. A solid opportunity for investors looking to add value and grow income in a strong rental market. Contract fell through another buyers loss is your gain.

208 Moseley Street, Elgin

$390,000
4 Beds 2 Baths 12504264 MLS CLOSED Status
Investor's Dream or Perfect Live/Work Setup! This is the investment opportunity you've been waiting for! Two Spacious 2 bedroom Units - Live in one and rent the other, or rent both for excellent income potential. Fully Functional Garage Building - Located at the rear of the lot and equipped with electric, gas, and water lines (gas & water currently capped off). Features three overhead doors with space to add a fourth, a main-floor office/storage room, and an 800 sq. ft. unfinished upper level-ideal for a workshop, studio, or additional storage.The seller just completed a total tear-off roof replacement (October 2025) and has priced it to sell. Whether you're an investor, owner-occupant, or contractor, this property delivers unmatched flexibility and value. Property Highlights: Updated Mechanical Systems - Both units feature 1.5-year-old GFA furnaces and central air conditioning for comfort and efficiency. Energy Efficient - Triple insulation in all exterior walls and nearly all newer thermo-type windows help reduce utility costs. Shared Basement Access - A central staircase leads to a clean, shared basement with hookups for two sets of washers and dryers. Low Owner Expenses - Owner pays water/sewer; tenants pay gas and electric. Why You'll Love It: Zoned and set up for success, this property offers endless income potential with minimal overhead. Whether you're looking to expand your investment portfolio, generate steady cash flow, or create the ideal live/work environment, this property checks all the boxes. Don't miss this opportunity-schedule your showing today!

624 South Street, Elgin

$316,000
3 Beds 2 Baths 12493877 MLS CLOSED Status
Make this property your great investment purchase!!!! Perfect for that owner who wants to live in one unit and rent the other. Unit 1 has 2 bedrooms, living room, separate dining room, spacious kitchen, and laundry unit. If that is not all, Unit 1 also includes a walk-in mud room, and screened porch. The 2nd Unit boasts a spacious kitchen with eating area, 1 bedroom and a spacious living room that could be converted into a 2nd bedroom, and a full bath. The property is very well maintained by the owner. In addition, the house comes with clean and partially finished walkout basement with one extra room. Separate water, gas, and electric meters for each unit. New copper plumbing, updated electrical system (2025). 2 new water heaters (2025) Newer oversize 2 car garage. Newer siding and windows. All located on a corner lot, offering driveway and street parking for your tenants. You don't want to miss this opportunity!

458 Morgan Street, Elgin



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