Money making 3 unit property on Elgin's West-side. Besides needing a fresh coat of paint on the exterior, this property is in very good condition and has been updated over the years. There are 3 gas meters and 3 electric meters. Owner pays water. Each unit has a circuit breaker box inside the apartment. The rear deck on the property was redone in recent years. The parking lot is newer and holds 4-5 cars.
Closed
$289,900
512 W Chicago St, Elgin, IL 60123
2beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$303,900 Zestimate®
$--/sqft
$2,116 Estimated rent
Home value
$303,900
$274,000 - $334,000
$2,116/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 15, 2025 at 08:38am
Listing courtesy of:
Ben Henrikson 847-931-7500,
RE/MAX Horizon
Bought with:
Brenda Puga
Brenda E Puga
Source: MRED as distributed by MLS GRID,MLS#: 12253952
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 5
- Parking features: On Site
Lot
- Size: 6,336 sqft
- Dimensions: 48X132
Details
- Parcel number: 0614403022
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Elgin
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2025 | Sold | $289,900-3.3% |
Source:  MRED as distributed by MLS GRID #12253952 | ||
| 12/10/2024 | Listed for sale | $299,900 |
Source: MRED as distributed by MLS GRID #12253952 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,773 +3.9% | $72,131 +10.7% |
| 2023 | $5,555 +16.4% | $65,165 +18.4% |
| 2022 | $4,772 +4% | $55,038 +7% |
Find assessor info on the county website
Neighborhood: Near West Elgin
Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 1/10Abbott Middle SchoolGrades: 7-8Distance: 0.6 mi
- 2/10Larkin High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: 46
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$303,900
2% more+ $6,078
With Zillow Showcase(estimated)
$309,978