3-Unit Victorian
New
For Sale
$475,000
656 South Street, Elgin, IL 60123
Residential Income, Elgin, IL
Property SizeContact for details
Lot Size0.35 Acres
Days on Market2
Property Features for 656 South Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bathroom 2, Basement, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 6, Bedroom 1, Bedroom 5
Parking
8
Parking features
Parking Lot, Owned, Driveway
Window features
Screens
Patio and Porch features
Porch, Deck
Basement
Exterior Entry, Storage Space, Full, Unfinished
Elementary school
Highland Elementary School
Middle school
Kimball Middle School
High school
Larkin High School
Elementary school district
U46
Middle school district
U46
High school district
U46
Directions
From S State Street, West on Chicago Street, South on Jackson Street, West on South Street. Property will be on your right.
Subdivision
Elgin
Standard status
Active
APN
0614378015
Lot size
0.35 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7346
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
shared coin-operated laundry
storage shed
dedicated storage closets
Building Details
Year built
1883
Building materials
Frame
Architectural style
Victorian, Queen Anne
Listing Agency:
Keller Williams Success Realty · Keller Williams Realty
Listed By:
Amy Wu
(847) 381-9500
Added: Oct 28
Changed: Oct 29
Last Checked: Oct 29 at 10:06AM
MLS# 12794475
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.
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Investment Insights
Based on property information with market context.
Built in 1883, this Queen Anne Victorian is configured as a legal three-unit property. The main floor contains a two-bedroom, one-bathroom residence with private basement access and a separate one-bedroom, one-bathroom unit. A three-bedroom, one-bathroom apartment occupies the second floor. All three units are occupied; two are rented month-to-month.
The full basement is unfinished and includes coin-operated laundry, storage closets assigned to each unit and an exterior entrance. The property also has a rear parking area with eight spaces and a storage shed. The 0.35-acre site is served by public water and public sewer.
The property is in Elgin, with access to downtown, public transportation, Metra commuter rail, the Fox River, neighborhood parks, shopping and dining. Zoning is MULTI.
The full basement is unfinished and includes coin-operated laundry, storage closets assigned to each unit and an exterior entrance. The property also has a rear parking area with eight spaces and a storage shed. The 0.35-acre site is served by public water and public sewer.
The property is in Elgin, with access to downtown, public transportation, Metra commuter rail, the Fox River, neighborhood parks, shopping and dining. Zoning is MULTI.
Key Highlights
- Legal three‑unit configuration with two-, three- and one‑bedroom residences
- Queen Anne Victorian built in 1883
- Full unfinished basement with coin‑operated laundry and individual storage closets
Property Analytics
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Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Three residences offer two-, three- and one-bedroom layouts, with a mix of main-level and upper-floor living space.
Where is this triplex located?
The property is located at 656 South Street Elgin, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Legal three‑unit configuration with two-, three- and one‑bedroom residences; Queen Anne Victorian built in 1883; Full unfinished basement with coin‑operated laundry and individual storage closets
