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$520,000
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Property Description
Welcome to this rare opportunity! Full side by side duplex tucked away in the back of the Valley Creek subdivision! Each side is a mirror image of one another featuring 3 bedrooms, 2 full baths, full unfinished basement and each has a 2 car garage! 740 Cheyenne has all been redone with newer flooring! 742 does need some updating! Each unit has a very functional eat-in kitchen, cozy living room and separate dining area with sliding door to the private deck! Spacious master bedroom with vaulted ceiling, skylight and walk-in closet! Gracious size secondary bedrooms! Upper bath with skylight and oversized vanity! Covered front porch perfect for summer nights! Deep lot with mature trees! Maintenance free exterior! Each unit renting for $1950 with leases expiring end of August! Live in one side or rent the entire building! This is the crown jewel for duplexes! Allow 24 hour notice for showings!
Full Property Details
Full Property Details for 740-42 Cheyenne Ln
General
- Sold For: $520,000
- Taxes: $10,024 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12383954
- Added to Site: 204 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Carport, On Site, Garage Owned, Attached, Garage
- Parking On-Site: Yes
Location
- Area: Elgin
- County: Kane
- Subdivision: Valley Creek
- Driving Directions: Randall 2 Royal E2 Cheyenne N2 Property
School Information
- School District: 46
- Midd School District: 46
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: Unfinished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1989
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.23
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 88 x 120 x 83 x 120
Financial Considerations
- Assessment Year: 1989
- Tax Amount: $10,024.3
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 609151017
Listed by RE/MAX Horizon
Sold by Berkshire Hathaway HomeServices Starck Real Estate
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Price & Sales History for 740-42 Cheyenne Ln
Date
Details
Price
Change
Source
8/12/2025
Sold
$520,000
4.02%
MLS
6/25/2025
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
740-42 Cheyenne Lane, Elgin, IL 60123 (MLS# 12383954) is a Multi-Family property that was sold at $520,000 on August 12, 2025. Want to learn more about 740-42 Cheyenne Lane? 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.

