Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    624 St South Elgin, IL 60123

    Under Contract
    For Sale
    $395,000

    Residential Income, Queen Anne - Elgin, IL

    Lot size:
    0.42 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 624 St South

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    0614378021
    Parking
    4
    Exterior features
    Level
    Lot size
    0.42 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1900
    Roof type
    Asphalt
    Architectural style
    Queen Anne

    Inspire Realty Group (847) 489-3476 [email protected]

    Listing agent Christopher Davis (847) 489-3476 License #471020520

    Listing date Nov 3, 2025

    MLS# 12504264 Listing URL

    Copyright © 2025 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

    Elgin, IL Residential Income Property

    This property in Elgin, IL, presents an opportunity for investors or those seeking a live/work arrangement. It features two spacious two-bedroom units, offering the option to live in one and rent the other, or rent both for income. A fully functional garage building is located at the rear of the 0.42-acre lot. The garage is equipped with electric, gas, and water lines (gas and water currently capped off) and features three overhead doors with space to add a fourth. Inside, there is a main-floor office/storage room, and an 800 sq. ft. unfinished upper level suitable for a workshop, studio, or additional storage. The seller completed a total tear-off roof replacement in October 2025. Both units feature 1.5-year-old GFA furnaces and central air conditioning. Triple insulation in all exterior walls and newer thermo-type windows contribute to energy efficiency. A central staircase provides access to a clean, shared basement with hookups for two sets of washers and dryers. The owner is responsible for water/sewer, while tenants pay gas and electric. The property is zoned and set up for income potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.3691
    Latitude
    42.0339

    Nearby Similar for Sale

    • $1,390,000
      8,743 SF

      Versatile Office and Warehouse Space

      8,000+ sqft brick building with office and warehouse space.
      400 Riv Rdg Dr, Elgin, IL 60123
      View Details
    • $1,350,000
      15,585 SF

      Elgin Warehouse with Heavy Power

      Manufacturing-ready warehouse with heavy power, cranes, and recent upgrades.
      303 Elgin Ave, Elgin, IL 60120
      View Details
    • $329,500

      Elgin Income Property Opportunity

      Well-maintained duplex in Elgin, perfect for investors or owner-occupants.
      458 Morgan St, Elgin, IL 60123
      View Details
    • $349,900
      2,400 SF

      Prime Corner Lot Office Building

      Single-story office building on a prime corner lot in Elgin.
      530 N Mclean Blvd, Elgin, IL 60123
      View Details
    • New
      $299,000
      8,000 SF

      Luxury Office Condo For Sale

      Remodeled 4000 SF office condo with high-end finishes.
      472 N Mclean Blvd, Elgin, IL 60123
      View Details
    • $419,900
      0.20 Acres

      Elgin Income Property with Garage

      Income-producing multi-family property near Elgin Metra station.
      528 E Chicago St, Elgin, IL 60120
      View Details

    FAQs

    What type of property is this?
    Duplex - Two spacious units with garage building, ideal for live/work setup.
    Where is this duplex located?
    The property is located at 624 St South Elgin, IL.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Two spacious 2-bedroom units, ideal for owner-occupancy with rental income or full rental potential.; - Fully functional garage building with electric, gas, and water lines, featuring three overhead doors (space for a fourth) and an 800 sq. ft. unfinished upper level, offering workshop/studio/storage possibilities.; - New total tear-off roof replacement completed in October 2025.
    (847) 489-3476
    Request Owner's contact information
    624 St South Elgin, IL 60123
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    624 St South
    Elgin, IL 60123
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    624 St South Elgin, IL 60123
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.