$930,000
75 N Lyle Ave, Elgin, IL 60123
Jayesh Parekh Kale Realty
$930,000
75 N Lyle Ave, Elgin, IL 60123
Jayesh Parekh Kale Realty
$500,000
316 Lawrence Ave, Elgin, IL 60123
Jeff Kellenberger Preferred Homes Realty
$309,900
649 Wellington Ave, Elgin, IL 60120
Michael Kevorkian New Market Realty Inc
$469,000
176 N Du Bois Ave Unit 78, Elgin, IL 60123
Sarah Leonard Legacy Properties, A Sarah Leonard Company, LLC
$349,600
464 Mcclure Ave, Elgin, IL 60123
Ruben Acevedo Global Ruben's Team Realty
$319,900
419 N Spring St Unit 21, Elgin, IL 60120
Karen Sims Buy Sell Invest Fox Valley
$449,900
386 E Chicago St, Elgin, IL 60120
Bob Wisdom RE/MAX Horizon
The median home sale price in Elgin, IL is $370,000, up 9% year-over-year. Homes in Elgin sell in 23 days on average, compared to the national average of 55 days.
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Median Sale Price
$370,000
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Median Single Family Sale Price
$393,750
|
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Median Townhouse Sale Price
$319,950
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Median 2 Bedroom Sale Price
$277,750
|
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Median 1 Bedroom Sale Price
$164,750
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Average Price Per Sq Ft
$206
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Number of Homes for Sale
179
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Last 12 months Home Sales
1,281
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Months of Supply
1.70
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Median List Price
$379,000
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Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
9%
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Elgin offers a mix of historic homes, suburban neighborhoods, and access to the Fox River Trail, making it appealing to families and commuters alike.
In Elgin, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $309,900 to $930,000, there's a range to accomodate every budget. As of September, 2026 the median home price in Elgin is $379,000, while the average sale price is $415,964, offering insights into the local housing market. On average, multi-family homes spend 23 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Elgin, IL.