Duplex with Detached Garage Coach House
For Sale
Under Contract
$420,000
472 N Spring Street, Elgin, IL 60120
Residential Income, Elgin, IL
Property SizeContact for details
Lot Size0.20 Acres
Days on Market37
Property Features for 472 N Spring Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 2
Parking
4
Parking features
Garage, Driveway, Owned
Basement
Unfinished, Full
Elementary school district
46
Middle school district
46
High school district
46
Directions
31 To Kimball East To Spring North To Home
Subdivision
Elgin
Standard status
Active Under Contract
APN
0611484006
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7406
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
coin-operated washer/dryer
Building Details
Roof type
Asphalt
Listing Agency:
HomeSmart Connect · HomeSmart International
(847) 495-5000
Listed By:
Kevin Williams · License #475167087
(847) 495-5000
Added: Jul 16
Changed: Aug 20
Last Checked: Aug 21 at 3:06PM
MLS# 12704270
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.
Duplex in Elgin with both apartments currently leased and a 2020 remodel that included two new eat-in kitchens with granite countertops and new appliances, new bathrooms, and an all-new gas forced-air HVAC system with central air conditioning units, furnaces, and hot water heaters. The 2020 improvements also included a new roof on the house and garage and replacement of old galvanized copper pipes. Each unit has separately metered gas and electric.
The basement includes a coin-operated commercial washer and dryer shared by both units for additional onsite revenue. A large two-story detached garage, currently used for owner storage, is approximately 1,200 SF and offers potential for a future third unit coach house development, or can be rented as-is for indoor parking income. Second-floor tenants maintain the lawn and bushes and handle snow removal.
Site utilities include public water and public sewer, with asphalt roofing and forced-air natural gas heating. The property also includes owned parking with a garage and driveway.
The basement includes a coin-operated commercial washer and dryer shared by both units for additional onsite revenue. A large two-story detached garage, currently used for owner storage, is approximately 1,200 SF and offers potential for a future third unit coach house development, or can be rented as-is for indoor parking income. Second-floor tenants maintain the lawn and bushes and handle snow removal.
Site utilities include public water and public sewer, with asphalt roofing and forced-air natural gas heating. The property also includes owned parking with a garage and driveway.
Key Highlights
- Both apartments are currently leased
- 2020 remodel: two new eat‑in kitchens with granite countertops and new appliances
- 2020 HVAC: all‑new gas forced‑air system with central air conditioning units, furnaces, and hot water heaters
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
881
Businesses Nearby
Explore this area
Business Placement
Demographics for 60120, IL
50,799
Population
17,112
Households
3
Avg Household Size
35
Median Age
19%
College-Educated
74%
High-School Grad
17.4 sq mi
ZIP Area
2,919
Density / Sq Mi
$80,305
Median Household Income
$37,495
Median Earnings
$1,250
Median Rent
$227,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex remodeled in 2020, with coin-operated laundry, separately metered utilities, and a detached garage that may support a future third unit.
Where is this duplex located?
The property is located at 472 N Spring Street Elgin, IL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Both apartments are currently leased; 2020 remodel: two new eat‑in kitchens with granite countertops and new appliances; 2020 HVAC: all‑new gas forced‑air system with central air conditioning units, furnaces, and hot water heaters
