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Elgin, IL, 60123 • Near West Elgin • Kane County
3Beds
3Baths
0.18 acLot
1863Built
Character Home
Built 1863 · 163 years of history
Outdoor Living
Porch
Special Features
Other · Storage
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Listed 265 days ago · 4 views
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4 views
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265 days on market
Established listing
This home ranks in the top 22% of listings most likely to go under contract soon, based on market activity and demand signals.
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Multi Family · Built 1863 · Historic
Well-maintained 3-unit investment property with stable rental income and long-term tenants. Main unit features 1 bed, 1 bath, and an additional room ideal for an office. Recently repainted with new carpeting. Tenant has access to storage in both the basement and back area. Basement includes shared laundry (for Unit 1), was sealed less than a year ago, and has a new water heater (2024). Radiant heat in Units 1 & 2; Unit 3 has central heat/AC. Unit 2 is a freshly updated upstairs studio with new flooring in the kitchen and bath, leased through April 2026. Unit 3 is a 1 bed, 1 bath with a long-term tenant (over 20 years) who assists with exterior upkeep. Lease runs through July 2026. Bonus income from an additional garage space currently rented as storage on a month-to-month basis at $125/month. Separate storage spaces available for each unit. Excellent location for an investment property as it's just minutes from downtown Elgin, RT20, I90, and multiple Metra stops. Great rental history and solid cash flow make this an ideal addition to any investment portfolio.
Standout features identified
Our analysis highlights freshly updated upstairs studio and new carpeting as key attractions of this home.
Based on current rates
Est. 6.20% rate · 30yr fixed · $262,000 loan
Full calculator →Key facts and listing details
9 categories of property features
Market data and value estimates
3 schools rated nearby
Elgin, IL, 60123
6 events
24 years of records
Local context around this listing
Elgin, IL • Kane County
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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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