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809 South Street
Elgin IL 60123 US

$749,000

Active Listing ID 12741183
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8.00 Bath (8 Full)
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Lot: 0.14 Acres
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Other

$749,000

Active Listing ID 12741183
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809 South Street Excellent opportunity to acquire a fully occupied 8-unit multi-family investment property in the heart of Elgin! This income-producing building offers a compelling combination of current occupancy, recent capital improvements, and future value-add potential. Six of the eight units have been updated since September 2023, while Units #2 and #4 remain available for future improvements and potential rent enhancement. Major recent upgrades include a tear-off roof completed in 2024 and a water heater installed in 2022. The building is heated by a boiler, and each unit has its own window A/C unit. All 8 units are currently rented, allowing an investor to step into an established property with rental income already in place. Ideally located near restaurants, convenience stores, business offices, and established single-family neighborhoods, the property offers strong accessibility and a desirable central Elgin location. Whether you are looking to expand an existing portfolio or acquire a multi-unit property with additional upside, this 8-unit building presents an rare investment opportunity. Property is being sold AS-IS.

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Property Features

  • Facts
  • Lot Size: 0.14 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 8
  • Cooling System: Window Unit(s)
  • Roof Type: Composition

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 749000
  • unparsedaddress: 809 South Street
  • postalcity: Elgin
  • stateorprovince: IL
  • country: US
  • postalcode: 60123
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.14
  • lotsizeunits: Acres
  • lotsizearea: 0.14
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 42.029042
  • longitude: -88.298391
  • listagentfullname: Andy Walton
  • listagentemail: waltons@waltonrealtors.com
  • listagentkey: 3yd-MREDIL-45824
  • listagentmlsid: 45824
  • listagentpreferredphone: (847) 495-5000
  • listagentofficephone: 8474955000
  • 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
  • yearbuilt: 1956
  • listingcontractdate: 2026-10-12
  • listagenturl: https://hscmove.com/
  • countyorparish: Cook
  • parcelnumber: 06231020030000
  • cooling: Window Unit(s)
  • constructionmaterials: Brick
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: HomeSmart International
  • rooms: Bathroom 3, Bathroom 8, Bathroom 1, Bathroom 5, Bathroom 6, Bathroom 7, Bathroom 4, Bathroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -88.29839, 42.02904
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"HomeSmart Connect Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"frontdesk@HomeSmartConnect.com", "ListBrokerageCity":"Arlington Heights", "ListBrokerageCountry":"US", "ListBrokerageEmail":"FrontDesk@HomeSmartConnect.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/4f51b191dced11e281ea12313b0c140fk-c1364217612r.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":"Commercial Sale, Elgin, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/809-South-St_Elgin_IL_60123_M87870-16100?f=listhub&s=MREDIL&m=12741183&c=rexren", "MLSModificationTimestamp":"2026-10-14 08:04:04", "Neighborhoods":[{"Description":null, "Name":"Elgin"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":13843, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/14/2026 8:06:47 AM GMT
Source Updated Date: 10/16/2026 12:52:22 AM GMT

Courtesy of: Andy Walton, HomeSmart Connect, waltons@waltonrealtors.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.