472 N Spring Street
Elgin, IL 60120
6
Bed
2
Bath
0.20Acre(Lot)
Great Turnkey Investment Opportunity located in historic district just north of rapidly developing downtown Elgin. Remodel in 2020 included 2 new eat-in kitchens with granite countertops & new appliances, new bathrooms, all new gas forced-air HVAC system with new central air conditioning units, furnaces, and hot water heaters. New roof on house & garage along with all copper pipes replacing old galvanized also in 2020. Large 2-story detached 1200sf garage currently used for owner's storage is potential 3rd unit coach house development or can be rented to tenants now for indoor parking income. Separately metered gas & electric. Coin-operated commercial washer & dryer in basement shared by both units provides extra income. Second floor tenants maintain lawn and bushes and are responsible fo
Property Details
Map
Map
Features
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Bedroom Information
Total Bedroom: 6Bathroom Information
Total Baths: 2Room Information
Rooms Total: 10Interior Features
Roof: AsphaltRoofing Information
Asphalt -
Flooring Information
Construction Materials: Other -
Heating & Cooling
Heating: Natural Gas, Forced Air WaterSource: Public
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Lot Information
Lot Dimensions: 133 X 67 X 133 X 66 Lot Acres: 0.2 Lot Size: Less Than .25 AcreProperty Information
Property Type: Residential Income Sub Type: Two to Four Units
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Listing Price Information
Original List Price:$420000
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Tax Information
Annual Tax: $7406 Tax Year: 2025 Parcel Number: 0611484006 Tax Exemption: None
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Parking Information
Total Parking: 4 Yes, Garage Owned, Detached, Driveway, Owned, GarageGarage Information
Garage Space: 2
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Utility Information
Sewer: Public Sewer Water Source: Public -
Location Information
City: Elgin Direction: 31 To Kimball East To Spring North To Home
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1479 Mackenzie Lane, Elgin, IL, 60120 | $375,000 | 2 | 4 | 2,159 | 2,159 SqFt |
| 727 Shady Oaks Court #727, Elgin, IL, 60120 | $250,000 | 2 | 2 | 1,170 | 1,170 SqFt |
| 930 Ripple Brook Lane, Elgin, IL, 60120 | $520,000 | 4 | 4 | 2,490 | 2,490 SqFt |
| 142 Dawson Drive, Elgin, IL, 60120 | $315,000 | 2 | 3 | 1,875 | 1,875 SqFt |
| 265 Slade Avenue, Elgin, IL, 60120 | $399,500 | 4 | 2 | 2,100 | 2,100 SqFt |
| 650 Waverly Drive #B, Elgin, IL, 60120 | $225,000 | 1 | 1 | 1,083 | 1,083 SqFt |
| 1103 Stratford Court #C, Elgin, IL, 60120 | $245,000 | 2 | 2 | 1,100 | 1,100 SqFt |
| 131 Dawson Drive, Elgin, IL, 60120 | $379,900 | 3 | 4 | 2,400 | 2,400 SqFt |
| 642 Wellington Avenue, Elgin, IL, 60120 | $360,000 | 2 | 1 | -- | |
| 1447 Mackenzie Lane, Elgin, IL, 60120 | $399,900 | 3 | 4 | -- |
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ByOwner last updated this listing 07/20/2026 @ 18:20
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