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Elgin, IL Multifamily Homes & Duplexes for Sale

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  • /17

    $315,000

    • 4 Beds
    • 3 Baths

    453 E Chicago St, Elgin, IL 60120

    Beautifull Two-unit property full of charm and character. Main floor unit has 2 bedrooms 1.1 bathrooms (both bedrooms have private bathrooms) Full basement with both interior and exterior access. The upper unit has 2 bedroom/1 bathroom, a walk-in pantry and plenty of storage. 2-car garage with a covered patio. Ideal 2-family or ideal for the City of Elgin's "Residential Conversion Program" to

    Agent Photo

    Ken Bruderle

    Realty Executives Advance

    (224) 478-0727

    453 E Chicago St, Elgin, IL 60120
  • /33

    $599,999

    • 6 Beds
    • 6 Baths

    260 Chaparral Cir, Elgin, IL 60120

    Discover the perfect blend of comfort and investment with this impressive side-by-side duplex. Each unit is thoughtfully designed with 3 bedrooms with the primary on the 1st level with an en-suite featuring separate shower, jacuzzi tub and walk in closet. Hardwood floors in the living room and all bedrooms. Kitchen with stainless steel appliances, eat-in area and sliding doors to spacious patio.

    Agent Photo

    Rafay Qamar

    Real Broker LLC

    (224) 395-0431

    260 Chaparral Cir, Elgin, IL 60120
  • /30

    $329,900

    • 4 Beds
    • 3 Baths

    645 Lavoie Ave, Elgin, IL 60120

    Discover a charming 2-flat conversion nestled on a picturesque street near Elgin's historic district. The first-floor unit boasts high ceilings, a spacious living room, an elegant arched doorway leading to the kitchen/dining area, two large bedrooms with ample walk-in closets, and a full bath. Freshly painted with new carpeting, the second-floor unit features two bedrooms, a generous living area,

    Mary Owen Keller Williams Success Realty

    645 Lavoie Ave, Elgin, IL 60120
  • /52

    $595,000

    • 11 Beds
    • 4 Baths

    262 N Spring St, Elgin, IL 60120

    Excellent Investment Opportunity - Fully Leased 4-Unit Building in Prime Elgin Location! Spacious and well-maintained, this fully occupied multi-unit property is an ideal addition to any investor's portfolio. All four units are currently leased, generating immediate rental income. Three of the units feature updated kitchens and bathrooms, providing modern comfort for tenants. Recent mechanical

    Andy Walton HomeSmart Connect

    262 N Spring St, Elgin, IL 60120
  • /18

    $239,900

    • 3 Beds
    • 2 Baths

    392 Plum Ct, Elgin, IL 60120

    LOVELY 2 STORY NESTLED ON A QUIET HILL IN ELGIN. 2 APARTMENTS WITH THE SAME TENANTS FOR YEARS. EACH LESSEE IS ON A MONTH TO MONTH LEASE. EASILY ROOM FOR 4 CARS OFF THE ALLEY. APARTMENT 1 ON THE FIRST FLOOR IS A 1 BR., 1 BATH, AAPARTMENT 2 ON THE SECOND FLOOR IS A 2 BR., 1 BATH. RENTS ARE $805 FOR THE 2 BEDROOM AND 600 FOR THE 1 BEDROOM.

    Kevin Forkin RE/MAX Suburban

    392 Plum Ct, Elgin, IL 60120
  • /4

    $429,000

    • 4 Beds
    • 2 Baths

    624 South St, Elgin, IL 60123

    This is the investment opportunity you've been waiting for! Seller just completed a total tear-off roof replacement last week and has priced it to sell! Whether you're an investor, owner-occupant, or contractor, this property offers unmatched flexibility and value: 2 Spacious Units; Live in one and rent the other, or rent both and the garages for serious income. Fully Functional Garage Building -

    Richard Grieger Inspire Realty Group LLC

    624 South St, Elgin, IL 60123
  • /4

    $254,900

    • 4 Beds
    • 2 Baths

    226 Mountain St, Elgin, IL 60123

    Incredible investment opportunity in the heart of Elgin! This solid 2-flat offers spacious units, each with 2 bedrooms and 1 bath, and separate gas and electric utilities, ideal for both owner-occupants and savvy investors looking to generate steady rental income. Major improvements were completed in 2014, including high-efficiency furnaces, a hot water heater, a tear-off roof, and several

    Esther Zamudio Zamudio Realty Group

    226 Mountain St, Elgin, IL 60123
  • /20

    $329,900

    • 3 Beds
    • 2 Baths

    558 Franklin Blvd, Elgin, IL 60120

    Are you an investor looking for a 2-unit property or a buyer needing additional rental income? Then this is the perfect property for you. This 2-unit is ready to move in. The first floor has two bedrooms and one bathroom (remodeled in 2023), and the second floor has one bedroom and one bathroom with new kitchen cabinets (2022), new kitchen flooring (2022), new stove and fridge (2022), a two-car

    Eddie Quintana-Garcia Netgar Investments, Inc

    558 Franklin Blvd, Elgin, IL 60120
  • /13

    $725,000

    • 5 Beds
    • 2 Baths

    900 Grand Ave, Elgin, IL 60120

    VERY UNIQUE currently a 2 unit on 2.3 acres with over 300 ft. of frontage to Lords park . legal nonconforming zoned PAB (planned area business) So it can remain residential or if you have a business you can use it for that, and for the developers out there it would be perfect for a senior building, facing the park the city really likes that idea. Lots of possibilities . Truly, one of a

    Bob Parson Berkshire Hathaway HomeServices Starck Real Estate

    900 Grand Ave, Elgin, IL 60120
  • /2

    $4,675,000

    230 S State St, Elgin, IL 60123

    This great opportunity for an investment building so conveniently located near a Metra stop (only 1.4 miles away), Randall Rd, Rt 20, and I90 does not come along very often! 230 State Street offers Building is fully rented many long terms tenant positive cash flow.

    Jayesh Parekh ARNI Realty Incorporated

    230 S State St, Elgin, IL 60123

Why Live in Elgin

Elgin's extensive park system encompasses over 75 parks across 4,000 acres, including Lord's Park with its small zoo housing bison and elk. The Fox River Trail provides scenic paths for cycling and walking, while Wing Park features a swimming pool and ice rink for year-round recreation. Cultural attractions include the Hemmens Cultural Center, which hosts concerts and theater productions, and Side Street Studio Arts, supporting local artists through exhibitions and workshops. The historic downtown showcases Victorian architecture, complemented by the Elgin History Museum's collection of Elgin National Watch Company artifacts.

Home prices in Elgin vary by neighborhood and property type. The median price for single-family homes ranges from $257,500 in the Elgin National Watch Historic District to $570,000 in Far West Elgin. Providence and Far West Elgin represent the premium housing market, with median single-family home prices of $465,000 and $570,000 respectively. Condominiums present affordable options, with median prices of $54,500 for one-bedroom units and $229,000 for two-bedroom units. Townhomes have a median price of $311,100.

Property taxes in Kane County have an effective rate of 2.39%, higher than neighboring Cook County at 1.98%. The Illinois state income tax rate stands at 4.95%, with a combined sales tax rate of 8.89%. Educational options include highly rated private schools such as Elgin Academy, serving multiple neighborhoods and maintaining an A+ rating. Judson University maintains a campus in Elgin. Commuters can reach Chicago, 35 miles southeast, via I-90 or the Metra Milwaukee District West Line. Local dining highlights include Mockingbird Bar + Garden, known for farm-to-table cuisine, and The Saddle Room, which has earned 4.6 stars from 2,397 reviews.

Home Trends in Elgin, IL

Housing Trends

Median Sale Price
$428,000
Median Single Family Sale Price
$536,800
Median Townhouse Sale Price
$389,000
Median 2 Bedroom Sale Price
$225,000
Median 1 Bedroom Sale Price
$62,000
Average Price Per Sq Ft
$189
Number of Homes for Sale
24
Last 12 months Home Sales
386
Months of Supply
0.70
Median List Price
$449,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
13%
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