Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$420,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 2 Car Garage
  • Updated 2 days ago
See This Home
Save This Home
See This Home
Save This Home
Great Turnkey Investment Opportunity located in historic district just north of rapidly developing downtown Elgin. Remodel in 2020 included 2 new eat-in kitchens with granite countertops & new appliances, new bathrooms, all new gas forced-air HVAC system with new central air conditioning units, furnaces, and hot water heaters. New roof on house & garage along with all copper pipes replacing old galvanized also in 2020. Large 2-story detached 1200sf garage currently used for owner's storage is potential 3rd unit coach house development or can be rented to tenants now for indoor parking income. Separately metered gas & electric. Coin-operated commercial washer & dryer in basement shared by both units provides extra income. Second floor tenants maintain lawn and bushes and are responsible for snow removal in exchange for $60/month reduction in rent which is reflected in adjusted Unit 2 current lease amount of $1,640/month. Both apartments are currently leased - start out with strong cash flow right away. Photos are from when both units were vacant prior to tenant occupancy.

Full Property Details for 472 N Spring St

General

  • Price: $420,000
  • Taxes: $7,406 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12704270

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Equipment: Cable TV, Sump Pump, Multiple Water Heaters, Water Heater-Gas
  • Other Features: School Bus Service, Commuter Bus, Commuter Train, Historical District

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 4
  • Parking Features: Yes, Garage Owned, Detached, Driveway, Owned, Garage

Location

  • Area: Elgin
  • County: Kane
  • Township: Elgin
  • Driving Directions: 31 To Kimball East To Spring North To Home

School Information

  • School District: 46
  • Elem School District: 46
  • Midd School District: 46
  • High School District: 46

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Other
  • Exterior Const.: Other
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Built Before 1978: Yes
  • Remodeled/Updated: 2020

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 133 x 67 x 133 x 66

Financial Considerations

  • Insurance Fee: $1,584
  • Tax Amount: $7,406
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 611484006

Listed by HomeSmart Connect

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 472 N Spring St —

  • HomeSmart Connect

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 472 N Spring St

School District:School District U-46
NameGradesDistance
Mckinley Elementary School, Elgin, IL
258 Lovell Street, Elgin, IL 60120
K-60.3 mi
Larsen Middle School
665 Dundee Avenue, Elgin, IL 60120
7-80.6 mi
Elgin High School
1200 Maroon Drive, Elgin, IL 60120
9-122.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 472 N Spring St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,156
4%
$89,412
11%
2023
$6,886
17%
$80,777
19%
2022
$5,907
4%
$68,119
7%
2021
$5,682
—
$63,686
5%
2021
$5,682
17%
$60,798
5%
2019
$4,849
1%
$57,914
6%
2018
$4,801
2%
$54,558
6%
2017
$4,688
5%
$51,576
8%
2016
$4,463
2%
$47,849
9%
2015
$4,390
-19%
$43,858
1%
2014
$5,440
20%
$43,317
-3%
2013
$4,529
—
$44,460
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 472 N Spring St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by HomeSmart Connect

Just Listed near 472 N Spring St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

317 W Harvard Cir, South Elgin, IL 60177 - Photo 1 Just Listed
$440,000

317 W Harvard Cir  South Elgin, IL 60177

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 4
    Total Baths
  • 1,726
    Sq. Ft.
1320 Spencer Ln, South Elgin, IL 60177 - Photo 1 Just Listed
$529,900

1320 Spencer Ln  South Elgin, IL 60177

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,289
    Sq. Ft.
923 Shagbark Ln, West Dundee, IL 60118 - Photo 1 Just Listed
$423,490

923 Shagbark Ln  West Dundee, IL 60118

  • Townhouse
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,767
    Sq. Ft.
446 Roslyn Rd, East Dundee, IL 60118 - Photo 1 Just Listed
$535,000

446 Roslyn Rd  East Dundee, IL 60118

  • Single Family
  • Active
  • Updated 12 hours ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,986
    Sq. Ft.

Price Reduced near 472 N Spring St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

5 Vernon Ct, South Elgin, IL 60177 - Photo 1 Price Reduced
-$4,100 (-0.85%)
$479,900

5 Vernon Ct  South Elgin, IL 60177

  • Single Family
  • Active
  • Updated 6 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,116
    Sq. Ft.
1546 Marlo Ln, South Elgin, IL 60177 - Photo 1 Price Reduced
-$5,000 (-1.24%)
$398,990

1546 Marlo Ln  South Elgin, IL 60177

  • Townhouse
  • Active
  • Updated 1 hour ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,767
    Sq. Ft.
1506 Kinwood Rd, South Elgin, IL 60177 - Photo 1 Price Reduced
-$5,000 (-0.86%)
$579,175

1506 Kinwood Rd  South Elgin, IL 60177

  • Single Family
  • Active
  • Updated 1 hour ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,760
    Sq. Ft.
1313 Marston St, South Elgin, IL 60177 - Photo 1 Price Reduced
-$9,000 (-1.74%)
$509,000

1313 Marston St  South Elgin, IL 60177

  • Single Family
  • Active
  • Updated 6 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,417
    Sq. Ft.

Recent Sales near 472 N Spring St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

[Address not provided], Elgin, IL 60120 - Photo 1 Sold
$365,000

[Address not provided]  Elgin, IL 60120

  • Single Family
  • Closed
  • Updated 4 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,908
    Sq. Ft.
409 Algona Ave, Elgin, IL 60120 - Photo 1 Sold
$400,000

409 Algona Ave  Elgin, IL 60120

  • Single Family
  • Closed
  • 4
    Beds
  • 2
    Total Baths
  • 1,420
    Sq. Ft.
1031 N Spring St, Elgin, IL 60120 - Photo 1 Sold
$450,000

1031 N Spring St  Elgin, IL 60120

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 1,800
    Sq. Ft.
920 Augusta Ave, Elgin, IL 60120 - Photo 1 Sold
$360,000

920 Augusta Ave  Elgin, IL 60120

  • Multi-Family
  • Closed
  • 4
    Total Beds

472 N Spring Street, Elgin, IL 60120 (MLS# 12704270) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 472 N Spring Street is currently listed for $420,000 and was received on July 16, 2026. Want to learn more about 472 N Spring Street? Do you have questions about finding other Multi-Family real estate for sale in Elgin? You can browse all Elgin real estate or contact a Coldwell Banker agent to request more information.

Tour this property