Triplex

Elgin, IL Triplexes for Sale

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3-Unit Victorian Triplex
Updated: Oct 28
3-Unit Victorian Triplex

656 South Street, Elgin, IL 60123

$475,000
0.35 AC lot
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
Eight exterior parking spaces and a storage shed
0.35‑acre site with public water and public sewer
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Triplex with Garage Parking
Triplex with Garage Parking

325-327 N Loomis Street, Naperville, IL 60540

$1,290,000
0.18 AC lot

A 0.18-acre property in Naperville, with access to downtown, transit, and nearby North Central College.

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Triplex with Garage Parking
Triplex with Garage Parking

325-327 N Loomis Street, Naperville, IL 60540

$1,290,000

Three units include in-unit laundry, with five garages and additional on-site parking.

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Triplex with Private Backyard
Triplex with Private Backyard

1980 Howard Avenue, Des Plaines, IL 60018

$849,000

Renovated interiors, an added second-floor bedroom, basement storage, and outdoor parking complement the garage.

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Brick Triplex with Garage
Brick Triplex with Garage

651 Beau Ct, Des Plaines, IL 60016

$880,000

Three residential units offer varied layouts, private boilers, separate electric meters, and owner-maintained coin laundry.

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Elgin, IL Triplexes Market Trends and Statistics

Explore 1 triplexes for sale in Elgin, IL on our real estate platform.

Sale prices for three-family homes in Elgin, IL average $475,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 6
Duplexes 2
Triplexes 1

Demographics Overview

Population 124K
Population Growth (5Y) +2.9%
Median Household Income $93,679
College Educated 31.3%

Taxes & Financing

Tax Rate (average for all types) 9.70%
Property Tax per SF $55.97 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Elgin fall within the 100,000+ square foot range.

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