FANTASTIC 3-UNIT MULTI-FAMILY PROPERTY * 1 UNIT IS VACANT - AN IDEAL OPPORTUNITY FOR OWNER-OCCUPIED LIVING OR SELECTING A NEW TENANT FOR STRONG CASH FLOW * SOLID BRICK EXTERIOR W/ VALUE-ADD POTENTIAL WITH ONE UNIT CURRENTLY BELOW MARKET RENT * UNITS ARE SPACIOUS THROUGHOUT, AND THE BUILDING OFFERS A GENEROUS 3,460 SQ FT OF LIVING SPACE. * AMPLE PARKING AND A GREAT-SIZED LOT ~ EXPANSIVE ATTIC WITH ABUNDANT STORAGE BOTH UPSTAIRS AND IN THE BASEMENT - PLUS COIN-OPERATED LAUNDRY * PRIME LOCATION CLOSE TO DOWNTOWN ELGIN, METRA & ROUTE 20 * THIS PROPERTY HAS BEEN PROFESSIONALLY MAINTAINED AND MANAGED * 50+ YEAR FAMILY OWNED
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!
Historic District Bk 3Spacious Unit with Electric, Plumbing and Heating Systems Updated. Natural Woodwork, Crown Moldings and Gleaming Hardwood Floors, All High Ceilings, Fireplace, in All Unit. Truly Pride of Ownership. Walking Distance to Downtown. Investor Alert! Prime Elgin Location. Show your investor clients this incredible opportunity! This property offers both convenience and strong rental demand. Whether you're looking to expand your portfolio or start generating immediate cash flow, these checks all the boxes!
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!

Elgin is located in Illinois. 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.
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.