472 N Spring St

Off Market

472 N Spring St

Elgin IL 60120

0.2 ac.

Multi-Family

Last sold for $420,000

Kevin Williams, last sold this property on 31 August 2026 after 46 days on market.

Overview

Great Turnkey Investment Opportunity located in historic district just north of rapidly developing downtown Elgin. Remodel in 2020 included 2 new eat-in kitchens with granite countertops & new appliances, new bathrooms, all new gas forced-air HVAC system with new central air conditioning units, furnaces, and hot water heaters. New roof on house & garage along with all copper pipes replacing old galvanized also in 2020. Large 2-story detached 1200sf garage currently used for owner's storage is potential 3rd unit coach house development or can be rented to tenants now for indoor parking income. Separately metered gas & electric. Coin-operated commercial washer & dryer in basement shared by both units provides extra income. Second floor tenants maintain lawn and bushes and are responsible for snow removal in exchange for $60/month reduction in rent which is reflected in adjusted Unit 2 current lease amount of $1,640/month. Both apartments are currently leased - start out with strong cash flow right away. Photos are from when both units were vacant prior to tenant occupancy.

Features

6 bedrooms

2 bathrooms

4 carspaces

2 garage spaces

0.2 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar 6 bedroom multi families sold in Elgin over the last 12 months.

Property history for 472 N Spring St

2026

Sold

$420,000

31 Aug 2026 by Kevin Williams, of Homesmart Connect LLC

2019

Sold

$91,000

24 Sep 2019 by Frank Gaines, of Baird & Warner Fox Valley - Geneva

Happy sellers in Elgin

We have insufficient information to provide an overview of customer satisfaction for Elgin. Viewing the agent profiles, reviews and sales for Elgin can provide insights for this location.

Local market activity for 6 bedroom multi families in Elgin

In the last 12 months, 2 six-bedroom multi families similar to 472 N Spring St, have been sold.

This represents a 58% increase in six-bedroom multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Elgin for a market analysis.

Jose Borjas

at Shopping Casas Chicago LLC

(51 reviews)

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Amber Cawley

at properties Libertyville

(22 reviews)

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Joel Zielke

at Berkshire Hathaway HomeServices Prairie Path REALT

(119 reviews)

Get a market analysis

Deborah Bestler

at John Griffith Realty

(3 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Elgin

Jose Borjas

Jose Borjas is an award winning recommended agent for Elgin. They have 2 local sales and collected 3 local reviews across the last 12 months.

5 (51 reviews)
3 Reviews in Elgin
2 Sales in Elgin

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Amber Cawley

Amber Cawley is a recommended agent for Elgin. They have 2 local sales and collected 1 local review across the last 12 months.

5 (22 reviews)
1 Review in Elgin
2 Sales in Elgin

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Joel Zielke

Sellers who recommend Joel Zielke have praised them for being local expert, responsive, clear communication, supportive, patient, honest, and great negotiation