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$219,900 Just Listed
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Property Description
Excellent opportunity to own a two-unit property in the heart of Elgin at an incredible value! Priced at $219,900, this is one of the most affordable multi-unit properties currently available in the area. The property features a 2-bedroom unit on the main floor and a 1-bedroom unit in the lower level, offering flexibility for owner-occupants or investors looking to generate rental income. With a little vision and updates, this property has tremendous potential to build equity and increase value over time. One of the standout features is the ample parking available directly in front of the property, including a city-maintained parking lot maintained by the City of Elgin at no cost, providing convenient parking for residents and guests. Ideally located near downtown Elgin, the property is just minutes from local shops, restaurants, parks, public transportation, and many of the amenities the city has to offer. Easy access to major roads also makes commuting simple. Whether you're looking to live in one unit and rent the other or expand your investment portfolio, opportunities like this at this price point are hard to find. Schedule your showing today, this one will not last!
Full Property Details
Full Property Details for 58 S Geneva St
General
- Price: $219,900
- Taxes: $3,415 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12587513
- Updated: 3/9/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Finished, E
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: School Bus Service, Historical District
Location
- Area: Elgin
- County: Kane
- Township: Elgin
- Driving Directions: Villa to Chicago East, to Geneva South
School Information
- School District: 46
- Elem School District: 46
- Midd School District: 46
- High School District: 46
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Cottage
- Architectural Style: Cottage
- Construction: Cedar
- Exterior Const.: Cedar
- Basement: Yes
- Basement Desc.: Finished, Exterior Entry, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1954
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 60 x 100
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1954
- Tax Amount: $3,415
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 613307007
Listed by Zamudio Realty Group
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Schools
Schools serving 58 S Geneva St
School District:School District U-46
| Name | Grades | Distance |
|---|---|---|
Channing Memorial Elementary School 63 South Channing Street, Elgin, IL 60120 | K-6 | 0.3 mi |
Ellis Middle School 225 South Liberty Street, Elgin, IL 60120 | 7-8 | 0.7 mi |
Elgin High School 1200 Maroon Drive, Elgin, IL 60120 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 58 S Geneva St
Date
Details
Price
Change
Source
3/09/2026
Listed
$219,900
99.91%
MLS
1/29/2021
Sold
$110,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 58 S Geneva St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,415
6%
$50,667
11%
2023
$3,220
13%
$45,774
18%
2022
$2,842
-12%
$38,780
7%
2021
$3,235
—
$36,257
5%
2021
$3,235
5%
$34,613
5%
2019
$3,079
2%
$32,971
12%
2017
$3,020
4%
$29,363
8%
2016
$2,905
—
$27,241
9%
2015
$2,895
-7%
$24,969
1%
2014
$3,097
1%
$24,661
-21%
2018
$3,071
19%
$31,061
23%
2013
$2,578
—
$25,311
—
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
Estimate the Cost for 58 S Geneva St
58 S Geneva Street, Elgin, IL 60120 (MLS# 12587513) is a Multi-Family property with 2 units containing 3 bedrooms and 0 full bathrooms. 58 S Geneva Street is currently listed for $219,900 and was received on March 09, 2026. Want to learn more about 58 S Geneva 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.

