518 South Street, Elgin, IL 60123
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518 South Street, Elgin, IL 60123
518 South Street, Elgin, IL 60123
518 South Street, Elgin, IL 60123
518 South Street, Elgin, IL 60123
Listed by Valentino Ranalloof CENTURY 21 New Heritage West
Bought with Hebert Garcia of Realty Executives Advance

$455,000

Est. payment /mo

$448,900

1.4%
Est.Price: ?

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518 South Street Elgin, IL 60123

5 Beds

0.33 Acres Lot

SOLD DATE : 01/20/2026

Key Details

Sold Price $455,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12530236

Sold Date 01/20/26

Bedrooms 5

Year Built 1930

Annual Tax Amount $9,696

Tax Year 2024

Lot Size 0.330 Acres

Lot Dimensions 100x134

Property Sub-Type Two to Four Units

Property Description

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

Location

State IL

County Kane

Community Sidewalks, Street Lights, Street Paved

Rooms

Basement Unfinished, Full

Interior

Heating Radiator(s)

Fireplace N

Exterior

View Y/N true

Roof Type Asphalt

Building

Lot Description Legal Non-Conforming

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 46, 46, 46

Others

Ownership Fee Simple

Special Listing Condition None

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