Elgin, IL 60123,624 South Street
Elgin, IL 60123,624 South Street
Elgin, IL 60123,624 South Street
Elgin, IL 60123,624 South Street
Elgin, IL 60123,624 South Street
Elgin, IL 60123,624 South Street
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Listed by Christopher Davisof Inspire Realty Group LLC
$ 395,000
Est. payment | /mo

4 Beds

0.42 Acres Lot


Save
$ 395,000
Est. payment | /mo
Save

4 Beds

0.42 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

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

Community Sidewalks, Street Lights, Street Paved

Rooms

Basement Unfinished, Stone/Rock, Storage Space, Walk-Up Access, Full, Walk-Out Access

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Garage Spaces 4.0

Utilities Available Cable Available

View Y/N true

Roof Type Asphalt

Building

Lot Description Landscaped, Level

Foundation Other

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

Midwest Real Estate Data (MRED) VOW

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50 S Main St, Naperville, IL, 60540, USA
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624 South Street