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    6-Unit Brick Apartment Building
    Updated: Jun 20
    6-Unit Brick Apartment Building

    75 N Lyle Avenue, Elgin, IL 60123

    $930,000
    0.27 AC lot
    6‑unit apartment building
    Brick construction completed in 1972
    0.27‑acre site at 75 N Lyle Avenue
    All‑electric building systems
    MULTI zoning
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Apartment Building Opportunity
    Downtown Apartment Building Opportunity

    403-410 Delles, Wheaton, IL 60187

    Contact for pricing
    24,650 sqft

    Fully leased 20-unit, two-story multifamily property with assigned parking and three-bedroom, two-bath apartments.

    View details
    Five-Flat Apartment Building with Carport
    Five-Flat Apartment Building with Carport

    St Charles, IL 60174

    $550,000
    0.35 AC lot

    Fully occupied brick apartment property with one-bedroom units, storage lockers, shared laundry, and on-site covered parking.

    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    20 14th St, St Charles, IL 60174

    $1,095,000

    Fully occupied multifamily building with basement storage, coin-operated laundry, covered parking, and individually metered utilities.

    View details
    Two-Building Multifamily Investment
    Two-Building Multifamily Investment

    921 College Avenue, Wheaton, IL 60187

    Contact for pricing
    11,150 sqft

    Two well-maintained multifamily buildings offer nine total units, including eight two-bedroom apartments and one renovated three-bedroom unit.

    View details

    Off-Market Properties in Elgin, IL

    Consider similar Off-Market properties in Elgin, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    286 Silver Ct
    APARTMENT HOUSE (5+ UNITS)

    286 Silver Ct, Elgin, IL 60123-3563

    Estimated value:
    $315,000
    9,330 sqft 0.27 AC lot
    View details
    401 Chicago St
    APARTMENT HOUSE (5+ UNITS)

    401 Chicago St, Elgin, IL 60120-5772

    Estimated value:
    $4,305,000
    47,760 sqft 0.01 AC lot
    View details
    1274 Getzelman Dr
    APARTMENT HOUSE (5+ UNITS)

    1274 Getzelman Dr, Elgin, IL 60123-2002

    Estimated value:
    $620,000
    6,396 sqft
    View details
    1596 Mark Ave
    APARTMENT HOUSE (5+ UNITS)

    1596 Mark Ave, Elgin, IL 60123-2902

    Estimated value:
    $600,000
    4,992 sqft
    View details
    Mclean Blvd
    APARTMENT HOUSE (5+ UNITS)

    Mclean Blvd, Elgin, IL 60123

    Estimated value:
    $195,000
    5.88 AC lot
    View details
    1236 Robinwood Dr, Unit 40
    APARTMENT HOUSE (5+ UNITS)

    1236 Robinwood Dr, Elgin, IL 60123-1301

    Unit 40
    Estimated value:
    $735,000
    16,785 sqft 0.58 AC lot
    View details
    510 Autumn Ct
    APARTMENT HOUSE (5+ UNITS)

    510 Autumn Ct, Elgin, IL 60123-2574

    Estimated value:
    $2,800,000
    16,378 sqft 1.12 AC lot
    View details
    505 Autumn Ct
    APARTMENT HOUSE (5+ UNITS)

    505 Autumn Ct, Elgin, IL 60123-2544

    Estimated value:
    $2,800,000
    16,378 sqft 1.38 AC lot
    View details
    515 Autumn Ct
    APARTMENT HOUSE (5+ UNITS)

    515 Autumn Ct, Elgin, IL 60123-2577

    Estimated value:
    $2,800,000
    16,330 sqft 1.36 AC lot
    View details
    1856 Mark Ave
    APARTMENT HOUSE (5+ UNITS)

    1856 Mark Ave, Elgin, IL 60123-1979

    Estimated value:
    $775,000
    7,504 sqft 0.34 AC lot
    View details
    865 Smt St
    APARTMENT HOUSE (UNDER 5 UNITS)

    865 Smt St, Elgin, IL 60120-4315

    Estimated value:
    $875,000
    10,292 sqft 1.81 AC lot
    View details
    432 Smt St
    APARTMENT HOUSE (5+ UNITS)

    432 Smt St, Elgin, IL 60120-3853

    Estimated value:
    $220,000
    3,955 sqft 0.20 AC lot
    View details
    470 Douglas Ave
    APARTMENT HOUSE (5+ UNITS)

    470 Douglas Ave, Elgin, IL 60120-3680

    Estimated value:
    $250,000
    3,168 sqft 0.24 AC lot
    View details
    1640 Mark Ave
    APARTMENT HOUSE (5+ UNITS)

    1640 Mark Ave, Elgin, IL 60123-1987

    Estimated value:
    $830,000
    7,104 sqft
    View details
    251 Villa St, Unit 55
    APARTMENT HOUSE (5+ UNITS)

    251 Villa St, Elgin, IL 60120-6697

    Unit 55
    Estimated value:
    $900,000
    6,198 sqft 0.19 AC lot
    View details
    2175 Vernon Dr
    APARTMENT HOUSE (5+ UNITS)

    2175 Vernon Dr, Elgin, IL 60123-4957

    Estimated value:
    $2,400,000
    5,805 sqft
    View details
    304 Mtn St
    APARTMENT HOUSE (5+ UNITS)

    304 Mtn St, Elgin, IL 60123-5491

    Estimated value:
    $400,000
    4,665 sqft 0.15 AC lot
    View details
    450 Belmont Ave
    APARTMENT HOUSE (5+ UNITS)

    450 Belmont Ave, Elgin, IL 60123-4603

    Estimated value:
    $1,575,000
    8,216 sqft 0.67 AC lot
    View details
    1440 Getzelman Dr, Unit 50
    APARTMENT HOUSE (5+ UNITS)

    1440 Getzelman Dr, Elgin, IL 60123-2055

    Unit 50
    Estimated value:
    $975,000
    7,848 sqft 0.55 AC lot
    View details
    24 Lynch St
    APARTMENT HOUSE (5+ UNITS)

    24 Lynch St, Elgin, IL 60123-5462

    Estimated value:
    $345,000
    6,188 sqft
    View details
    1147 Fairwood Dr
    APARTMENT HOUSE (5+ UNITS)

    1147 Fairwood Dr, Elgin, IL 60123-1451

    Estimated value:
    $1,435,000
    17,994 sqft
    View details
    1145 Fairwood Dr
    APARTMENT HOUSE (5+ UNITS)

    1145 Fairwood Dr, Elgin, IL 60123-1491

    Estimated value:
    $1,435,000
    17,994 sqft
    View details
    Fleetwood Dr
    APARTMENT HOUSE (5+ UNITS)

    Fleetwood Dr, Elgin, IL 60123

    Estimated value:
    $15,195,000
    8,012 sqft 2.45 AC lot
    View details

    Elgin, IL Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Elgin, IL on our real estate platform.

    Sale prices for two-family homes in Elgin, IL average $930,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 124K
    Population Growth (5Y) +2.9%
    Median Household Income $93,679
    College Educated 31.3%

    High-Yield Neighborhoods for Investment

    Identify Elgin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60123 $930K

    Taxes & Financing

    Tax Rate (average for all types) 9.70%
    Property Tax per SF $55.97 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Elgin fall within the 100,000+ square foot range.

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