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472 N Spring Street
Elgin IL 60120 US

$420,000

Active Listing ID 12704270
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6 bed
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2.00 Bath (2 Full)
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Lot: 0.20 Acres
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Other

$420,000

Active Listing ID 12704270
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472 N Spring Street Great Turnkey Investment Opportunity located in historic district just north of rapidly developing downtown Elgin. Remodel in 2020 included 2 new eat-in kitchens with granite countertops & new appliances, new bathrooms, all new gas forced-air HVAC system with new central air conditioning units, furnaces, and hot water heaters. New roof on house & garage along with all copper pipes replacing old galvanized also in 2020. Large 2-story detached 1200sf garage currently used for owner's storage is potential 3rd unit coach house development or can be rented to tenants now for indoor parking income. Separately metered gas & electric. Coin-operated commercial washer & dryer in basement shared by both units provides extra income. Second floor tenants maintain lawn and bushes and are responsible for snow removal in exchange for $60/month reduction in rent which is reflected in adjusted Unit 2 current lease amount of $1, 640/month. Both apartments are currently leased - start out with strong cash flow right away. Photos are from when both units were vacant prior to tenant occupancy.

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Property Features

  • Facts
  • Lot Size: 0.20 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Roof Type: Asphalt
  • Heating Fuels: Natural Gas, Forced Air
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 420000
  • unparsedaddress: 472 N Spring Street
  • postalcity: Elgin
  • stateorprovince: IL
  • country: US
  • postalcode: 60120
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2
  • lotsizeunits: Acres
  • lotsizearea: 0.2
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 42.046248
  • longitude: -88.282844
  • listagentfullname: Kevin Williams
  • listagentemail: krwill8@yahoo.com
  • listagentkey: 3yd-MREDIL-43321
  • listagentmlsid: 43321
  • listagentpreferredphone: (847) 495-5000
  • listagentofficephone: 8473233136
  • listofficekey: 3yd-MREDIL-4773
  • listofficemlsid: 4773
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • listingcontractdate: 2026-07-16
  • listagenturl: https://hscmove.com/
  • countyorparish: Kane
  • parcelnumber: 0611484006
  • elementaryschooldistrict: 46
  • middleorjuniorschooldistrict: 46
  • highschooldistrict: 46
  • heating: Natural Gas, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 4
  • parkingfeatures: Garage, Owned, Driveway
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: HomeSmart International
  • rooms: Bedroom 4, Bedroom 1, Bedroom 6, Basement, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
  • basement: Full, Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -88.282845, 42.04625
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"HomeSmart Connect Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"krwill8@yahoo.com", "ListBrokerageCity":"Arlington Heights", "ListBrokerageCountry":"US", "ListBrokerageEmail":"FrontDesk@HomeSmartConnect.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/4f51b191dced11e281ea12313b0c140f/20260327204139552.png", "ListBrokerageName":"HomeSmart Connect Real Estate", "ListBrokeragePhone":"(847) 495-5000", "ListBrokeragePostalCode":"60005", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"Suite 145", "ListBrokerageUnparsedAddress":"3030 Salt Creek Lane", "ListBrokerageWebsiteUrl":"https://hscmove.com/", "ListOfficeAddress1":"3030 Salt Creek Lane #145 ", "ListOfficeAddress2":"Suite 145", "ListOfficeBrokerMlsId":"4773", "ListOfficeCity":"Arlington Height", "ListOfficeCountry":"US", "ListOfficeEmail":"FrontDesk@HomeSmartConnect.com", "ListOfficePostalCode":"60005", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Elgin, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/472-N-Spring-St_Elgin_IL_60120_M78530-68422?f=listhub&s=MREDIL&m=12704270&c=rexren", "MLSModificationTimestamp":"2026-07-18 17:31:04", "Neighborhoods":[{"Description":null, "Name":"Elgin"}], "PostalCode":null, "RoomCount":10, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7406, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/18/2026 5:37:49 PM GMT
Source Updated Date: 7/24/2026 12:47:26 AM GMT

Courtesy of: Kevin Williams, HomeSmart Connect, krwill8@yahoo.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.