Elgin, IL Multifamily properties for sale

Updated: Oct 16

Duplex with Upper-Level Apartment

386 E Chicago Street, Elgin, IL 60120

$399,900

0.33 AC lot

Separate upper‑level apartment with private balcony and in‑unit laundry
0.33‑acre lot
Built in 1900
Detached 2 1/2‑car garage with attached heated office
Finished basement with recreation room, den, workshop area, and additional laundry

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Updated: Oct 12

8-Unit Apartment Building

809 South Street, Elgin, IL 60123

$749,000

0.14 AC lot

Eight apartments, all currently occupied
Six units updated since September 2023; Units 2 and 4 remain unimproved
Tear‑off roof completed in 2024
Water heater installed in 2022
Boiler heat and window air‑conditioning units in each apartment

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Victorian Duplex with Private Deck

638 S Hough Street, Barrington, IL 60010

$595,000

Two apartments include separate kitchens and shared basement laundry.

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6-Unit Brick Apartment Building

75 N Lyle Avenue, Elgin, IL 60123

$930,000

0.27 AC lot

Multifamily property with electric systems, brick construction, and MULTI zoning in Elgin.

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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 4 Active listings in Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Apartments

205 S Main St, Algonquin, IL 60102

$725,000

4,400 sqft

1902 building with restaurant infrastructure, dining space, gaming room, basement area, and two upper-level apartments.

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Mixed-Use Building with Storefronts

115 S Main Street, Algonquin, IL 60102

$1,695,000

0.20 AC lot

Historic brick property combines residential apartments with commercial space and updated building systems.

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Move-in Ready Condo with Balcony

206 Glasgow Lane #B206, Schaumburg, IL 60194

$285,000

1,350 sqft

Second-floor 3 bed, 2 bath condo with cathedral ceilings.

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Multifamily Portfolio with Renovation Upside

1000 Sarah Constant Ln., Schaumburg, IL 60194

Contact for pricing

15,300 sqft

Fully leased condominium-based rental portfolio with association-managed exteriors and a mix of one- and two-bedroom apartments.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Off-Market Properties in Elgin, IL

Consider similar Off-Market properties in Elgin, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.