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532 South Street Elgin, IL $ 645,000
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532 South Street
$ 645,000
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532 South Street

Elgin, IL, 60123
$ 645,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 3,971

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Multi-Family Home for sale in Elgin, IL

for $645,000 with 8 bedrooms and 4 full baths. This home was built in 1925 on a lot size of 0.26.

Great opportunity for investors or owner-occupants alike! This spacious 4-unit building on South Street offers strong income potential, with each unit featuring 2 bedrooms, 1 bath, separate living and dining rooms, and a full kitchen. All units are currently occupied. Tenants pay utilities except water. The property sits on a large lot and includes a secured 4-car garage plus additional driveway parking. Windows: unknown. Roof: 2015. Water Heater: 2021. Boiler: Significant work was done to the boiler last year.

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Multi-Family Active

Price

$ 645,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,230

Style

Ranch,Victorian

Lot Size

0.26

Year Built

1925

Town/City

Elgin

County/Region

Kane

MLS | Web ID

12583419
Features
General
Sewer Public Sewer
Heating Baseboard
Possession Closing
Garage Spaces 4
Architectural Style Ranch Victorian
Construction Materials Frame
Year Built 1925
Township Elgin
Tax Year 2024
Ownership Fee Simple
County Kane
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 20
Status New
Directions Walnut to Jewett Right to South to Property
City Elgin
High School District 46
MLS Area Elgin
Tax Annual Amount 10230.02
Standard Status Active
Middle/Junior School District 46
Elementary School District 46
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Interior
Basement Unfinished Full
Total Bedrooms 8
Room Type Utility Room-1st Floor
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Garage Door Opener Carport Yes Garage Owned Detached Unassigned Owned Garage
Water Source Lake Michigan
Total Parking 8
Lot Dimensions 11326
Lot Size Acres 0.26
Waterfront Y/N N
Other Equipment Ceiling Fan(s)
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* Excluded Features
List By
Gc Realty And Development

Broker

samanthas@gcrealtyinc.com

Email

Affordability Calculator

$4,824
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,971
Monthly Property Taxes
$853
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
567545 Elementary School
566729 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/4/2026$645,000 Listed Price

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532 South Street, Elgin, IL, 60123 is a Multi-Family Home for sale at $645,000 with a lot size of 0.26. 532 South Street has 8 bedrooms, 4.0 baths, and was built in 1925. The property's zip code is 60123 which is in Elgin, IL

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