Elgin, IL 60123,624 South ST
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Elgin, IL 60123,624 South ST
Elgin, IL 60123,624 South ST
Elgin, IL 60123,624 South ST
Elgin, IL 60123,624 South ST

$390,000

Est. payment /mo

$395,000

1.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

624 South ST Elgin, IL 60123

4 Beds

2 Baths

0.42 Acres Lot

SOLD DATE : 12/31/2025

Key Details

Sold Price $390,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

Subdivision Jc And Wh Kimballs

MLS Listing ID 12504264

Sold Date 12/31/25

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

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

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Midwest Real Estate Data (MRED) IDX
Listed by Christopher Davis of  Inspire Realty Group LLC 
Bought with Mayra Corona of A&O Dream Key Real Estate
Timo Unrath

Timo Unrath

Advisor

+1(872) 237-0237

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