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Sold on 12/13/2024
Ben Henrikson of RE/MAX Horizon

512 W Chicago St, Elgin, IL 60123

  • $269,000

    Last sold 12/13/2024 for $289K

  • 2

    bed

  • 3

    bath

Multi-family not for sale
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About 512 W Chicago St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Movoto estimate
Property description
Money making 3 unit property on Elgin's West-side. Besides needing a fresh coat of paint on the exterior, this property is in very good condition and has been updated over the years. There are 3 gas meters and 3 electric meters. Owner pays water. Each unit has a circuit breaker box inside the apartment. The rear deck on the property was redone in recent years. The parking lot is newer and holds 4-5 cars.
Listed by
Listing Agent - Ben Henrikson
Listing Office - RE/MAX Horizon
Source: MRED mls logo
MLS#12253952 • last updated 1 year ago
Movoto checked MRED for data 14 minutes ago
Overview
Levels/Style Victorian
MLS # 12253952
SubType 3 Flat
Status Closed
Type Two To Four Units
Property Tax $ 5555
Year Built 1900
Interior
Basement Full, Unfinished
Total # of Rooms 8
Exterior
Exterior Frame
Parking Desc Space/s
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 3
Location
Area Elgin
County Kane
Elementary School District 46
Middle School District 46
High School District 46
APN 614403022
Multifamily Details
Expense: Insurance 914
Net Operating Income 27911
Gross Income 36780
Expense: Water/ Sewer 2400
Total Rental Income 3065
$269K
Range: $234K-$303K
Last 30 days 
  • Jan 2025
    mls logo MLS # 12253952
  • Jan 15, 2025 Sold
    $289,900 (-3.3%)
  • Dec 13, 2024 Active
    —
  • Dec 10, 2024 Listed
    $299,900
  • 512 W Chicago St
    $289K
  • Near West Elgin
    $185K -45% y/y
  • 60123
    $300K -7% y/y
  • Elgin
    $477K +12% y/y
No chart available
Statistics calculated by Movoto

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4/10
Washington Elementary School
public Grades PK, K-6
School District U-46
1/10
Abbott 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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  • IL
  • Kane County
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  • 512 W Chicago St
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