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Brick Multifamily Building
For Sale
Under Contract
$930,000

75 N Lyle Avenue, Elgin, IL 60123

MULTI_FAMILY - Elgin, IL

Property SizeContact for details
Lot Size0.27 Acres
Days on Market50

Property Features for 75 N Lyle Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 12
Bathrooms 12
Full bathrooms 12
Rooms Bedroom 8, Bedroom 1, Bathroom 10, Bedroom 7, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 10, Bedroom 9, Bathroom 11, Bedroom 3, Bedroom 4, Bedroom 12, Bedroom 11, Bathroom 9, Bathroom 5, Bathroom 3, Bathroom 7, Bathroom 6, Bathroom 12, Bedroom 6, Bathroom 1, Bedroom 5, Bathroom 8
Directions Randall To Highland East to Lyle South to 75 N Lyle.
Subdivision Elgin
Standard status Active Under Contract
APN 0615304004
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 16228

Building Details

Year built 1972
Floors in Building 2
Number of units 6
Building materials Brick
Roof type Composition
Listing Agency: Kale Realty
Listed By: Jayesh Parekh · License #475149245
Added: Jun 20 Changed: Aug 3 Last Checked: Aug 8 at 3:06PM
MLS# 12683940

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.

Investment Insights

Based on property information with market context.

This brick multifamily building features 6 units and was built in 1972. The property is described as an all-electric building and includes a composition roof.

Set on a 0.27-acre lot at 75 N Lyle Avenue in Elgin, Illinois (Kane County), the building is zoned MULTI. The listing materials reference multiple bedrooms and bathrooms across the unit spaces.

With its straightforward six-unit configuration, this property is suited for investors or operators seeking a small-scale multifamily asset in Elgin.

Key Highlights

  • Six‑unit multifamily building
  • 0.27‑acre lot
  • Brick construction

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Electrical Service Bakery Auto Parts Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,131
Businesses Nearby

Demographics for 60123, IL

47,932
Population
18,129
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
14.0 sq mi
ZIP Area
3,424
Density / Sq Mi
$86,762
Median Household Income
$40,288
Median Earnings
$1,226
Median Rent
$242,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick six-unit multifamily building on a 0.27-acre lot in Elgin, Illinois with composition roof and all-electric construction.
Where is this apartment building located?
The property is located at 75 N Lyle Avenue Elgin, IL.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: Six‑unit multifamily building; 0.27‑acre lot; Brick construction
More about this property
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