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$390,000
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Property Description
Investor's Dream or Perfect Live/Work Setup! This is the investment opportunity you've been waiting for! Two Spacious 2 bedroom Units - Live in one and rent the other, or rent both for excellent income potential. Fully Functional Garage Building - Located at the rear of the lot and equipped with electric, gas, and water lines (gas & water currently capped off). Features three overhead doors with space to add a fourth, a main-floor office/storage room, and an 800 sq. ft. unfinished upper level-ideal for a workshop, studio, or additional storage.The seller just completed a total tear-off roof replacement (October 2025) and has priced it to sell. Whether you're an investor, owner-occupant, or contractor, this property delivers unmatched flexibility and value. Property Highlights: Updated Mechanical Systems - Both units feature 1.5-year-old GFA furnaces and central air conditioning for comfort and efficiency. Energy Efficient - Triple insulation in all exterior walls and nearly all newer thermo-type windows help reduce utility costs. Shared Basement Access - A central staircase leads to a clean, shared basement with hookups for two sets of washers and dryers. Low Owner Expenses - Owner pays water/sewer; tenants pay gas and electric. Why You'll Love It: Zoned and set up for success, this property offers endless income potential with minimal overhead. Whether you're looking to expand your investment portfolio, generate steady cash flow, or create the ideal live/work environment, this property checks all the boxes. Don't miss this opportunity-schedule your showing today!
Full Property Details
Full Property Details for 624 South St
General
- Sold For: $390,000
- Taxes: $7,871 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12504264
- Added to Site: 81 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Bathroom Features: Accessible Shower, Soaking Tub
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Cable TV, Carbon Monoxide Detectors, Ceiling Fan(s), Multiple Water Heaters
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 4
- Total Spaces: 4
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: Elgin
- County: Kane
- Subdivision: Jc and Wh Kimballs
- Driving Directions: McLean Boulevard south to Lillian; East to South Street; East on South Street to sign in yard;
School Information
- School District: 46
- Midd School District: 46
- Elementary School: Washington Elementary School
- Middle School: Kimball Middle School
- High School: Larkin High School
- Private School: Larkin High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
- Onsite: Cable Available
Structural Information
- Architectural Style: Queen Anne
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement Desc.: Unfinished, Stone/Rock, Storage Space, Walk-Up Access, Full, Walk-Out Access
- Foundation: Other
- Roof: Asphalt
- Windows: Screens
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Additional Structures
- Other Structures: Garage(s), Storage
Lot Features
- Lot Size (Acres): 0.42
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 99 x 188
- Lot Features: Landscaped, Level
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1900
- Tax Amount: $7,871
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 614378021
Listed by Inspire Realty Group LLC
Sold by A&O Dream Key Real Estate
Get Pre-Approved Today
Schools
Schools serving 624 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 | 0.2 mi |
Abbott Middle School, Elgin, IL 949 Van Street, Elgin, IL 60123 | 7-8 | 0.4 mi |
Larkin High School 1475 Larkin Avenue, Elgin, IL 60123 | 9-12 | 1 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 624 South St
Date
Details
Price
Change
Source
12/31/2025
Sold
$390,000
-1.27%
MLS
10/26/2025
Listed
$395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
624 South Street, Elgin, IL 60123 (MLS# 12504264) is a Multi-Family property that was sold at $390,000 on December 31, 2025. Want to learn more about 624 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.

