Sold176d on marketHistoric · 126 yrs
558 Franklin Blvd
Elgin, IL, 60120 • Summit Park • Kane County
$300,000
3Beds
2Baths
0.22 acLot
1900Built
Property DNA
Character Home
Built 1900 · 126 years of history
2-Car Garage
On Site · Garage Owned · Detached · Driveway · Owned · Garage
Market activity
Demand and pricing signals for this listing
27 views
People checking out this listing
176 days on market
Established listing
About this home
Multi Family · Built 1900 · Historic
Are you an investor looking for a 2-unit property or a buyer needing additional rental income? Then this is the perfect property for you. This 2-unit is ready to move in. The first floor has two bedrooms and one bathroom (remodeled in 2023), and the second floor has one bedroom and one bathroom with new kitchen cabinets (2022), new kitchen flooring (2022), new stove and fridge (2022), a two-car garage, and a driveway for six cars. Call today to schedule your exclusive appointment.
Estimated monthly payment
Based on current rates
$1,871/month
Principal & Interest$1,471
Property Tax$300
Insurance$100
Down payment20% ($60,000)
3%50%
Est. 6.20% rate · 30yr fixed · $240,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1900
HeatingNatural Gas
Parking2 Garage spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1900
Systems
HeatingNatural Gas
RoofAsphalt
ConstructionOther
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Site, Garage Owned, Detached, Driveway, Owned, Garage
Garage2 spaces
BasementPartially Finished,Full
Lot9,583 sqft
Location & Tax
NeighborhoodSummit Park
Annual tax$5,270
Parcel0613205007
Bathrooms & Fees
Full baths2
Features & details
5 categories of property features
Interior Features
Heating
Natural Gas
Exterior Features
Parking
On Site
Garage Owned
Detached
Driveway
Owned
Garage
Construction
Other
Security
Carbon Monoxide Detector(s)
Other Equipment
Ceiling Fan(s)
Listing insights
Market data and value estimates
StatusSold
Days on market176
Est. value$307,300
Est. rent$2,136/mo
Tax rate2.15%
On marketMay 22, 2025
PostedMay 22, 2025
Last sold$300,000
MLS statusClosed
MLS updatedOct 15, 2025
Tour days6
Views27
How are the schools in Elgin?
3 schools rated nearby
5
Ronald D O'Neal Elementary School
Elementary • Public • K-6
Location
Elgin, IL, 60120
Price history
8 events
DateEventPrice$/sqftSource
Oct 15, 2025Sold$300,000—MRED as distributed by MLS GRID
Sep 9, 2025Contingent$329,900—MRED as distributed by MLS GRID
Jul 23, 2025Listed For Sale$329,900—MRED as distributed by MLS GRID
Jul 11, 2025Contingent$329,900—MRED as distributed by MLS GRID
May 22, 2025Listed For Sale$329,900—MRED as distributed by MLS GRID
Nov 16, 2021Sold$243,000—MRED as distributed by MLS GRID
Oct 14, 2021Contingent$210,000—MRED as distributed by MLS GRID
Oct 6, 2021Listed For Sale$210,000—MRED as distributed by MLS GRID
Sold$300,000
Oct 15, 2025•MRED as distributed by MLS GRID
Contingent$329,900
Sep 9, 2025•MRED as distributed by MLS GRID
Listed For Sale$329,900
Jul 23, 2025•MRED as distributed by MLS GRID
Contingent$329,900
Jul 11, 2025•MRED as distributed by MLS GRID
Listed For Sale$329,900
May 22, 2025•MRED as distributed by MLS GRID
Sold$243,000
Nov 16, 2021•MRED as distributed by MLS GRID
Contingent$210,000
Oct 14, 2021•MRED as distributed by MLS GRID
Listed For Sale$210,000
Oct 6, 2021•MRED as distributed by MLS GRID
Tax history
25 years of records
YearTax paidAssessed value
Apr 10, 2024$5,271$73,864
Apr 10, 2023$5,006$66,730
Apr 10, 2022$4,390$56,633
Apr 10, 2021$4,010$52,948
Apr 10, 2020$3,880$50,547
Apr 10, 2019$4,497$48,149
Apr 10, 2018$4,484$45,359
Apr 10, 2017$4,410$42,880
Apr 10, 2016$4,243$39,781
Apr 10, 2015—$36,463
Apr 10, 2014—$36,013
Apr 10, 2013—$36,963
Apr 10, 2012—$45,167
Apr 10, 2011—$52,568
Apr 10, 2010—$58,183
Apr 10, 2009—$62,375
Apr 10, 2008—$62,375
Apr 10, 2007—$60,371
Apr 10, 2006—$56,261
Apr 10, 2005—$50,765
Apr 10, 2004—$47,551
Apr 10, 2003—$44,115
Apr 10, 2002—$40,847
Apr 10, 2001—$38,015
Apr 10, 2000—$36,177
Nearby homes
Neighborhood details
Local context around this listing
Elgin, IL • Kane County
Nearby neighborhoods
Cobblers CrossingCollege GreenCollege ParkGifford ParkGrant ParkNorth Country KnollsNortheastern ElginSoutheast ElginSouthwest ElginValley Creek
Nearby cities
Arlington HeightsAuroraChicagoCiceroDes PlainesElginEvanstonOrland Park
Nearby zip codes
60120601216012360124
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Based on information submitted to the MLS GRID as of 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. [Click here for more information](/mls-disclaimers/#17)
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