462 Ashland Avenue Elgin, IL 60123
MULTI_FAMILY - Other - Elgin, IL
- Added:
- Mar 5, 2026
- Days on Market:
- 27
- Last Refresh:
- Apr 1 at 2:06 am
Property Features for 462 Ashland Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 5, Bathroom 1
- Parking
- 2
- Parking features
- Off Street
- Basement
- Partial, Exterior Entry, Unfinished
- Standard status
- Active Under Contract
- APN
- 0624155019
Taxes and HOA fees
- TaxYear
- 2024
- TaxAnnualAmount
- 6268
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Zoned, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1895
- Building materials
- Frame
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Kelly Stetler
Listing office Compass 1 Grant Square Suite 201, IL (630) 974-6750
Listing date Mar 5, 2026
MLS# 12583713
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Well-Maintained Elgin Investment Property
This well-maintained two-unit investment property offers stable rental income and numerous recent upgrades. Situated on a quiet street, the property is located minutes from the Metra train, Grolich Park, Forest Preserve, I-90, US-20, I-390, shopping, and dining. The property is fully rented with reliable tenants, generating $3,050 per month in rental income. The lower unit features 3 bedrooms and 1 bath and rents for $1,675 per month, while the upper unit offers 2 bedrooms and 1 bath and rents for $1,375 per month. Updates over the past 10 years include a new driveway, exterior doors, carpeting, and countertops. Recent improvements include new windows, a water heater, a washer, and added attic insulation. The electrical system has been upgraded with three new 100-amp services, and all plumbing has been updated. Each unit pays its own electric. Exterior basement access allows both units to conveniently use the shared laundry area. A large storage shed in the backyard offers additional space and the potential for extra rental income. The property is located in Elgin, Illinois, 60123.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Elgin
- County
- Cook
- State
- Illinois
- Longitude
- -88.280722
- Latitude
- 42.024238
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit property with stable income and recent upgrades.
Where is this duplex located?
The property is located at 462 Ashland Avenue Elgin, IL.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Stable rental income of $3,050 per month with reliable tenants.; Prime location near Metra, parks, Forest Preserve, highways (I‑90, US‑20, I‑390), shopping, and dining.; Numerous recent upgrades including new windows, water heater, washer, and added attic insulation.
