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Two-Unit Building with Garage
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642 E Chicago Street, Elgin, IL 60120

Full basement and garage/workshop add functional space to this residential income property.

Property SizeContact for details
Days on Market8

Property Features for 642 E Chicago Street

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1900
Listing Agency: O'Neil Property Group, LLC
Listed By: Ivan Santos · License #475200302
Source: Crexi
Added: Aug 13 Changed: Aug 18 Last Checked: Aug 19 at 3:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of O'Neil Property Group, LLC

Investment Insights

Based on property information with market context.

Built in 1900, this duplex contains two residential units with matching layouts: each offers 2 bedrooms and 1 bathroom. One unit occupies the main level, while the second is located upstairs. A full basement expands the property’s usable area, and the garage with workshop space provides additional room for storage or other uses.

The property is located at 642 E Chicago Street in Elgin, Illinois, near local schools, parks, and shopping. Its two-unit configuration, lower-level space, and garage/workshop create a straightforward multifamily property profile with several areas for practical use.

Key Highlights

  • Duplex configuration with two 2‑bedroom, 1‑bathroom units
  • Main‑level and upstairs residential units
  • Full basement included

Property Analytics

Current Use

Hunn Signs (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Spa & Massage Center Skin Care Clinic Home Appliance Store (Bike/Boat/Book/etc) Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

647
Businesses Nearby

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

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

What type of property is this?
Duplex - Full basement and garage/workshop add functional space to this residential income property.
Where is this duplex located?
The property is located at 642 E Chicago Street Elgin, IL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Duplex configuration with two 2‑bedroom, 1‑bathroom units; Main‑level and upstairs residential units; Full basement included
(630) 788-7273 Call to check price and availability
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