Money making 3 unit property on Elgin's West-side. Besides needing a fresh coat of paint on the exterior, this property is in very good condition and has been updated over the years. There are 3 gas meters and 3 electric meters. Owner pays water. Each unit has a circuit breaker box inside the apartment. The rear deck on the property was redone in recent years. The parking lot is newer and holds 4-5 cars.
Closed
$289,900
512 W Chicago St, Elgin, IL 60123
2beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$310,000 Zestimate®
$--/sqft
$1,967 Estimated rent
Home value
$310,000
$276,000 - $341,000
$1,967/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ben Henrikson 847-931-7500,
RE/MAX Horizon
Bought with:
Brenda E Puga
Brenda E Puga
Source: MRED as distributed by MLS GRID,MLS#: 12253952
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 5
- Parking features: On Site
Lot
- Size: 6,336 Square Feet
- Dimensions: 48X132
Details
- Parcel number: 0614403022
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Elgin
Financial & listing details
- Tax assessed value: $216,393
- Annual tax amount: $5,555
- Date on market: 10/16/2025
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2025 | Sold | $289,900-3.3% |
Source:  MRED as distributed by MLS GRID #12253952 Report a problem | ||
| 12/10/2024 | Listed for sale | $299,900 |
Source: MRED as distributed by MLS GRID #12253952 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,773 +3.9% | $72,131 +10.7% |
| 2023 | $5,555 +16.4% | $65,165 +18.4% |
| 2022 | $4,772 +4% | $55,038 +7% |
| 2021 | $4,591 +2.5% | $51,456 +4.7% |
| 2020 | $4,480 +2.5% | $49,123 +5% |
| 2019 | $4,370 +0.3% | $46,793 +6.1% |
| 2018 | $4,358 +1.7% | $44,082 +5.8% |
| 2017 | $4,286 +4% | $41,674 +7.8% |
| 2016 | $4,123 | $38,663 +9.1% |
| 2015 | -- | $35,438 +1.2% |
| 2014 | -- | $35,001 -2.6% |
| 2013 | -- | $35,924 -16.5% |
| 2012 | -- | $43,015 -24.2% |
| 2011 | -- | $56,721 -9.6% |
| 2010 | -- | $62,779 -6.7% |
| 2009 | -- | $67,302 |
| 2008 | -- | $67,302 +3.3% |
| 2007 | -- | $65,139 +4.2% |
| 2006 | -- | $62,520 +6.5% |
| 2005 | -- | $58,710 +6.8% |
| 2004 | -- | $54,992 +7.8% |
| 2003 | -- | $51,018 +8% |
| 2002 | -- | $47,239 +7.5% |
| 2001 | -- | $43,963 +5.1% |
| 2000 | -- | $41,838 |
Find assessor info on the county website
Neighborhood: Near West Elgin
Nearby homes
- $375,3005 bd3 ba2k sqft520 W Chicago St, Elgin, IL 60123Off Market
- $580,3009 bd4 ba3.8k sqft500 W Chicago St, Elgin, IL 60123Off Market
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- $292,8003 bd2 ba1.6k sqft526 W Chicago St, Elgin, IL 60123Off Market
- $279,0004 bd2 ba1.4k sqft532 W Chicago St, Elgin, IL 60123Off Market
- $--1 bd1 ba850 sqft532 W Chicago St APT 1, Elgin, IL 60123Off Market
- $1,095-- bd1 ba650 sqft24 Lynch St, Elgin, IL 60123For Rent
- $323,7004 bd2 ba1.6k sqft511 W Chicago St, Elgin, IL 60123Off Market
Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 3/10Abbott Middle SchoolGrades: 7-8Distance: 0.6 mi
- 3/10Larkin High SchoolGrades: PK,9-12Distance: 1.1 mi
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
$310,000
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Estimated market value
$310,000
- Illinois
- Kane County
- Elgin
- 60123
- Near West Elgin
- 512 W Chicago St
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