Movoto Real Estate
Sold on 04/18/2017
Ronald Lange of Preferred Homes Realty

120 N Spring St, Elgin, IL 60120

  • $221,000

    Last sold 04/18/2017 for $238K

  • 1

    bed

  • 1

    bath

  • 4,622

    Sqft ($52/Sqft)

Multi-family not for sale
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About 120 N Spring St

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 3,060 Sqft
Movoto estimate
Property description
This brick 6-unit apartment building is located in the Elgin Center City area. It is across from the Police Dept and close to the Gail Gorden Public Library and the Rec Centre of Elgin, the civic buildings, Post Office, train and bus stations. This is a solid 100% occupied building. The units feature high ceilings, high windows for brightness, wood floors. Two units have direct access to the outside. The other halls are shared by only 2 units.
Listed by
Listing Agent - Ronald Lange
Listing Office - Preferred Homes Realty
Source: MRED mls logo
MLS#09363944 • last updated 9 years ago
Movoto checked MRED for data 27 minutes ago
Overview
Levels/Style 3
MLS # 9363944
Type Multi Family 5+
Lot Size (SqFt) 3060
Property Tax $ 9141
Year Built 1920
Interior
Basement Slab
Exterior
Foundation Concrete
Amenities / Utilities
# Units in Building 6
Location
County Kane
Directions I-90 Exit 31So 1.5 Mi To Kimball, E To Spring, S To PIQ
APN 614279004
Zoning MULTI
Multifamily Details
Unit 1: Total # of Rooms 3
Unit 1: # of Bedrooms 1
Tenant Pays Electric
Unit 1: # Full Bath 1
Gross Rental Income 40860
Net Operating Income 18922
Total Annual Expense 22052
Gross Rent Multiplier 7.22
Expense: Fuel 1258
Total Annual Expense Source Broker Projection
Expense: Water 1868
Expense: Insurance 1000
Total Annual Income 41360
Lot/ Land Details
Road Frontage City Street
Current Use Residential-Multi-Family
  • Apr 2017
    mls logo MLS # 09363944
  • Apr 20, 2017 Sold
    $238,500 (-4.6%)
  • Mar 21, 2017 Contingent
  • Feb 12, 2017 Price Change
    $249,900 (-9.1%)
  • Oct 10, 2016 Listed
    $275,000 (-26.7%)
  • Mar 2014
    mls logo MLS # 08295600
  • Mar 17, 2014 Expired
  • Mar 16, 2013 Listed
    $375,000

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  • Real Estate
  • IL
  • Kane County
  • Elgin
  • 60120
  • Downtown Elgin
  • 120 N Spring St
$221K
Range: $181K-$260K
Last 30 days 

Nearby recently sold homes in Elgin, IL

  • 120 N Spring St
    $238K
  • Downtown Elgin
    $300K -9% y/y
  • 60120
    $305K 0% y/y
  • Elgin
    $479K +12% y/y
No chart available
Statistics calculated by Movoto
3/10
Ronald D O'Neal Elementary School
public Grades K-6
School District U-46
2/10
Kimball Middle School
public Grades 7-8
School District U-46
2/10
Larkin High School
public Grades 9-12
School District U-46
Source: GreatSchools.org © 2026. All rights reserved.
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