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  • $510,000

    495-499 Franklin St, Elgin, IL 60120

    6beds
    --sqft
    Multi Family
    Built in 1957
    -- sqft lot
    $510,400 Zestimate®
    $--/sqft
    $1,830 Estimated rent

    Home value

    $510,400

    $464,000 - $561,000

    $1,830/mo

    Zestimate® history
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    $1,830/mo

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    $1,830/mo

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    $3,829/mo

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    $3,829/mo

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    What's special

    Meticulously maintained all brick duplex offering true turnkey ownership. Both mirror-image 3 bed/1 bath units. This property was purpose-built as a duplex with separate utilities for each tenant, including separately metered gas, electric and water, plus separate HVAC systems and central air for each side - creating a clean, efficient investment structure with minimal owner expense. Recent updates include a brand new roof (2025) and new washers and dryers in both units. Fully fenced backyard and each unit features a spacious living/dining combination, eat-in kitchen with ample cabinetry and counter space, full laundry area, attached 1-car garage, and private storage areas with divided crawlspaces and attics. Low-maintenance ownership with the owner currently responsible only for lawn care and snow removal at approximately $65/month. Conveniently located near downtown, the Rec Center, Library, Metra and I-90. Whether you're looking to expand your portfolio or secure a strong income-producing asset, this is the kind of property investors look for. Photos are from when the property was vacant prior to current tenants. 2025 Real Estate tax=$6,852. Lot size=50x115. Year built-1957.

    Zillow last checked:

    Listing updated:

    Listed by:

    Violet Ostrowski, SRES 847-722-2302,

    Keller Williams Thrive

    Bought with:

    Alexandru Susma

    Fulton Grace Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12667341MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Forced Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: None

    Property

    Parking
    • Total spaces: 2
    • Parking features: Yes, Garage Owned, Attached, Garage
    • Attached garage spaces: 2
    Features
    • Fencing: Fenced
    Lot
    • Size: 5,662 Square Feet
    • Dimensions: 115X50
    Details
    • Parcel number: 0613206022
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    Condition
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s)
    Location
    • Region: Elgin

    Financial & listing details

    • Annual tax amount: $6,852
    • Date on market: 8/20/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/17/2026Sold$510,000+28.8%
    Source: MRED as distributed by MLS GRID #12667341 Report a problem
    9/13/2024Sold$396,000+18.2%
    Source: MRED as distributed by MLS GRID #12125888 Report a problem
    8/5/2024Contingent$335,000
    Source: MRED as distributed by MLS GRID #12125888 Report a problem
    8/1/2024Listed for sale$335,000
    Source: MRED as distributed by MLS GRID #12125888 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Summit Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 46

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $510,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $510,400