624 South ST new Save Request In-Person Tour Request Virtual Tour
Elgin,IL 60123
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
Subdivision Jc And Wh Kimballs
MLS Listing ID 12504264
Style Queen Anne
Bedrooms 4
Year Built 1900
Annual Tax Amount $7,871
Tax Year 2024
Lot Size 0.420 Acres
Lot Dimensions 99 X 188
Property Sub-Type Two to Four Units
Property Description
Investor's Dream or Perfect Live/Work Setup! This is the investment opportunity you've been waiting for! Two Spacious 2 bedroom Units - Live in one and rent the other, or rent both for excellent income potential. Fully Functional Garage Building - Located at the rear of the lot and equipped with electric, gas, and water lines (gas & water currently capped off). Features three overhead doors with space to add a fourth, a main-floor office/storage room, and an 800 sq. ft. unfinished upper level-ideal for a workshop, studio, or additional storage.The seller just completed a total tear-off roof replacement (October 2025) and has priced it to sell. Whether you're an investor, owner-occupant, or contractor, this property delivers unmatched flexibility and value. Property Highlights: Updated Mechanical Systems - Both units feature 1.5-year-old GFA furnaces and central air conditioning for comfort and efficiency. Energy Efficient - Triple insulation in all exterior walls and nearly all newer thermo-type windows help reduce utility costs. Shared Basement Access - A central staircase leads to a clean, shared basement with hookups for two sets of washers and dryers. Low Owner Expenses - Owner pays water/sewer; tenants pay gas and electric. Why You'll Love It: Zoned and set up for success, this property offers endless income potential with minimal overhead. Whether you're looking to expand your investment portfolio, generate steady cash flow, or create the ideal live/work environment, this property checks all the boxes. Don't miss this opportunity-schedule your showing today!
Location
State IL
County Kane
Area Elgin
Rooms
Basement Unfinished,Stone/Rock,Storage Space,Walk-Up Access,Full,Walk-Out Access
Interior
Heating Natural Gas,Forced Air
Equipment TV-Cable,CO Detectors,Ceiling Fan(s),Multiple Water Heaters
Fireplace N
Exterior
Garage Spaces 4.0
Community Features Sidewalks,Street Lights,Street Paved
Utilities Available Cable Available
Roof Type Asphalt
Building
Lot Description Landscaped,Level
Dwelling Type Two to Four Units
Building Description Aluminum Siding, No
Sewer Public Sewer,Storm Sewer
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
Elementary Schools Washington Elementary School
Middle Schools Kimball Middle School
High Schools Larkin High School
School District 46 ,46, 46
Others
Ownership Fee Simple
Special Listing Condition None