Movoto Real Estate
Search
About Home value Property history Market statistics Schools Neighborhood Places of interest
Sold on 06/18/2018
Ben Henrikson of RE/MAX Horizon

224 Jefferson Ave, Elgin, IL 60120

  • $1,779,262

    Last sold 06/18/2018 for $586K

  • 1

    bed

  • 1

    bath

  • 10,500

    Sqft ($56/Sqft)

Multi-family not for sale
Movoto is helping 50 homebuyers near you

About 224 Jefferson Ave

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Movoto estimate
Property description
(15) 1 bedroom units, has detached 3 car garage and on site parking. High volume rental, 6 units with recent rehabs, rents at market rate. Located across the street from a community park and walking distance to downtown Elgin- Metra Train, The Centre, The Hemmens Cultural Center, Gail Borden Library, The Grand Victoria Casino, and all that downtown Elgin has to offer. New boiler installed in building. Solid all brick exterior. Terrific investment property in excellent location.
Listed by
Listing Agent - Ben Henrikson
Listing Office - RE/MAX Horizon
Source: MRED mls logo
MLS#09783017 • last updated 7 years ago
Movoto checked MRED for data 9 minutes ago
Overview
Levels/Style 3
MLS # 9783017
Type Multi Family 5+
Property Tax $ 17940
Year Built 1920
Interior
Exterior
Exterior Brick
# Of Parking Spaces 15
Amenities / Utilities
# Units in Building 15
Location
County Kane
Directions Kimball St. To Douglas, N. To Jefferson, E. To Property
APN 612304029
Zoning MULTI
Multifamily Details
Unit 1: Total # of Rooms 4
Unit 1: # of Bedrooms 1
Tenant Pays Electricity
Unit 1: # Full Bath 1
Expense: Electricity 1560
Gross Rental Income 11712
Net Operating Income 72393
Total Annual Expense 44727
Gross Rent Multiplier 6
Expense: Fuel 4356
Total Annual Expense Source Actual
Expense: Water 4815
Expense: Insurance 3913
Total Annual Income 117120
  • Jun 2018
    mls logo MLS # 09783017
  • Jun 19, 2018 Sold
    $586,500 (-16.1%)
  • Apr 19, 2018 Contingent
    —
  • Feb 13, 2018 Re-Activated
    —
  • Feb 2, 2018 Contingent
    —
  • Oct 19, 2017 Listed
    $699,000 (-20.5%)
  • Apr 2017
    mls logo MLS # 09410983
  • Apr 5, 2017 Cancelled
    —
  • Jan 2, 2017 Listed
    $879,750

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached

Nearby homes for sale in Elgin, IL

  • Real Estate
  • IL
  • Kane County
  • Elgin
  • 60120
  • 224 Jefferson Ave
$1.77M
Range: $1.6M-$1.95M
Last 30 days 

Nearby recently sold homes in Elgin, IL

  • 224 Jefferson Ave
    $586K
  • Northeast Elgin
    $299K 0% y/y
  • 60120
    $305K 0% y/y
  • Elgin
    $479K +12% y/y
No chart available
Statistics calculated by Movoto
3/10
Mckinley Elementary School
public Grades K-6
School District U-46
2/10
Larsen Middle School
public Grades 7-8
School District U-46
3/10
Elgin High School
public Grades 9-12
School District U-46
Source: GreatSchools.org © 2026. All rights reserved.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Around Northeast Elgin

Explore everything this neighborhood has to offer.
View homes for sale in 60120, IL

Newest listings in 60120

Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by MRED MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
Listings courtesy of MRED MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 5/8/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.