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$660,000
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Property Description
Great opportunity for investors or owner-occupants alike! This spacious 4-unit building on South Street offers strong income potential, with each unit featuring 2 bedrooms, 1 bath, separate living and dining rooms, and a full kitchen. All units are currently occupied. Tenants pay utilities except water. The property sits on a large lot and includes a secured 4-car garage plus additional driveway parking. Windows: unknown. Roof: 2015. Water Heater: 2021. Boiler: Significant work was done to the boiler last year.
Full Property Details
Full Property Details for 532 South St
General
- Sold For: $660,000
- Taxes: $10,230 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12583419
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Equipment: Ceiling Fan(s)
Parking
- Garage: Yes
- Garage Spaces: 4
- Total Spaces: 8
- Parking Features: Garage Door Opener, Carport, Yes, Garage Owned, Detached, Unassigned, Owned, Garage
Location
- Area: Elgin
- County: Kane
- Driving Directions: Walnut to Jewett, Right to South to Property
School Information
- School District: 46
- Midd School District: 46
Heating & Cooling
- Heating Type: Baseboard
Utilities
- Water: Lake Michigan
Structural Information
- Architectural Style: Ranch, Victorian
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: Unfinished, Full
- Year Built: 1925
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.26
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 11326
Financial Considerations
- Assessment Year: 1925
- Tax Amount: $10,230.02
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 614379020
Listed by GC Realty and Development
Sold by Baird & Warner
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Schools
Schools serving 532 South St
School District:School District U-46
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Elgin, IL 819 West Chicago Street, Elgin, IL 60123 | K-6 | 0.3 mi |
Abbott Middle School, Elgin, IL 949 Van Street, Elgin, IL 60123 | 7-8 | 0.5 mi |
Larkin High School 1475 Larkin Avenue, Elgin, IL 60123 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
532 South Street, Elgin, IL 60123 (MLS# 12583419) is a Multi-Family property that was sold at $660,000 on April 14, 2026. Want to learn more about 532 South 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.

