FANTASTIC 3-UNIT MULTI-FAMILY PROPERTY * 1 UNIT IS VACANT - AN IDEAL OPPORTUNITY FOR OWNER-OCCUPIED LIVING OR SELECTING A NEW TENANT FOR STRONG CASH FLOW * SOLID BRICK EXTERIOR W/ VALUE-ADD POTENTIAL WITH ONE UNIT CURRENTLY BELOW MARKET RENT * UNITS ARE SPACIOUS THROUGHOUT, AND THE BUILDING OFFERS A GENEROUS 3,460 SQ FT OF LIVING SPACE. * AMPLE PARKING AND A GREAT-SIZED LOT ~ EXPANSIVE ATTIC WITH ABUNDANT STORAGE BOTH UPSTAIRS AND IN THE BASEMENT - PLUS COIN-OPERATED LAUNDRY * PRIME LOCATION CLOSE TO DOWNTOWN ELGIN, METRA & ROUTE 20 * THIS PROPERTY HAS BEEN PROFESSIONALLY MAINTAINED AND MANAGED * 50+ YEAR FAMILY OWNED
New
$448,900
518 South St, Elgin, IL 60123
5beds
--sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Solid brick exteriorGreat-sized lotAmple parkingCoin-operated laundry
- 7 hours |
- 92 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: 15 hours ago
Listing courtesy of:
Valentino Ranallo 224-420-2588,
CENTURY 21 New Heritage West
Source: MRED as distributed by MLS GRID,MLS#: 12530236
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Radiator(s)
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 4
- Parking features: Parking Lot, Owned
Lot
- Size: 0.33 Acres
- Dimensions: 100x134
- Features: Legal Non-Conforming
Details
- Parcel number: 0614379013
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks, Street Lights, Street Paved
Location
- Region: Elgin
Financial & listing details
- Tax assessed value: $363,480
- Annual tax amount: $9,696
- Date on market: 12/11/2025
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,837/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2025 | Listed for sale | $448,900+37308.3% |
Source:  MRED as distributed by MLS GRID #12530236 Report a problem | ||
| 11/4/2009 | Listing removed | $1,200 |
Source: TheListingWidget.com #07355826 Report a problem | ||
| 10/17/2009 | Listed for sale | $1,200 |
Source: TheListingWidget.com #07355826 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,696 +3.9% | $121,160 +10.7% |
| 2023 | $9,331 +16.6% | $109,459 +18.6% |
| 2022 | $8,005 +4% | $92,319 +7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,155/mo
Principal & interest
$2209
Property taxes
$789
Home insurance
$157
Climate risks
Neighborhood: Near West Elgin
Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 1/10Abbott Middle SchoolGrades: 7-8Distance: 0.5 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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