8-Unit Apartment
New
For Sale
$749,000
809 South Street, Elgin, IL 60123
Commercial Sale, Elgin, IL
Property SizeContact for details
Lot Size0.14 Acres
Days on Market6
Property Features for 809 South Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bathrooms
8
Full bathrooms
8
Rooms
Bathroom 5, Bathroom 6, Bathroom 7, Bathroom 2, Bathroom 4, Bathroom 8, Bathroom 3, Bathroom 1
Directions
Lillian Street East to South Street to Walnut Avenue to Wilcox Avenue North to South Street (one-way) West to building on South side of street.
Subdivision
Elgin
Standard status
Active
APN
06231020030000
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
13843
Utilities
Cooling system
Window Unit(s)
Building Details
Year built
1956
Floors in Building
2
Number of units
8
Building materials
Brick
Roof type
Composition
Listing Agency:
HomeSmart Connect · HomeSmart International
Listed By:
Andy Walton · License #475191288
(847) 495-5000
Added: Oct 12
Changed: Oct 16
Last Checked: Oct 17 at 12:06AM
MLS# 12741183
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.
This 8-unit brick apartment building in Elgin was built in 1956 and sits on a 0.14-acre lot. All apartments are occupied. Six units received updates after September 2023; Units 2 and 4 have not been updated. Building systems include boiler heat, individual window air-conditioning units, a composition roof replaced in 2024, and a water heater installed in 2022. The property is zoned MULTI and is being sold as-is.
The property is near restaurants, convenience stores, business offices, and single-family neighborhoods.
The property is near restaurants, convenience stores, business offices, and single-family neighborhoods.
Key Highlights
- Eight apartments, all currently occupied
- Six units updated since September 2023; Units 2 and 4 remain unimproved
- Tear‑off roof completed in 2024
Property Analytics
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Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
368
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?
Apartment building - Boiler heating and individual window air-conditioning units serve the apartments in this brick multifamily property.
Where is this apartment building located?
The property is located at 809 South Street Elgin, IL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Eight apartments, all currently occupied; Six units updated since September 2023; Units 2 and 4 remain unimproved; Tear‑off roof completed in 2024
