Property summary
This exceptional six-unit multifamily property at 292 Villa Street in Elgin, Illinois, presents a compelling investment opportunity. Boasting a substantial 5,211 square feet on a 0.11-acre lot, this historic building underwent significant exterior renovations in 2024, including a brand-new roof. The property also features a newly paved parking lot completed in 2022, supplemented by additional off-street parking. Each of the six units has been thoughtfully updated, showcasing newer flooring,… modern tile bathrooms, and kitchens equipped with updated cabinetry, countertops, and appliances. Individual heating units and hot water heaters are installed in each unit, with tenants responsible for gas and electric utilities. A comprehensive electrical system upgrade has been completed. The attic is fully insulated for optimal energy efficiency. Convenient front and rear entrances serve each unit, and shared front porches are available on each level. A full basement provides ample space for utilities, with potential for future laundry and storage rooms. The property's prime location offers exceptional walkability to downtown Elgin, the commuter train station, a casino, diverse dining options, and shopping centers. Currently, rents are below market value, presenting significant potential for increased revenue given the high demand in this desirable area. This property is a rare find, combining historic charm with modern updates and a strategic location. The asking price is $739,900.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 5,211 SF
- Lot area
- 0.11 ac
- Year built
- 1900
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Ownership
- Owner Contacts
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- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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