2

Near West Elgin Multifamily Homes & Duplexes for Sale

Section Image
  • /25

    $389,000

    • 3 Beds
    • 3 Baths

    422 Locust St, Elgin, IL 60123

    Welcome to 422 Locust Street, a beautifully updated two-unit property located in the heart of Elgin. This turnkey building presents a rare opportunity for both owner-occupants and investors, offering thoughtful upgrades throughout and strong rental potential. Unit 1 features a spacious and unique two-story layout with a private entrance, giving the feel of a single-family home. It includes three

    Valeria Sanchez MPower Residential Brokerage LLC

    422 Locust St, Elgin, IL 60123
  • /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 Near West Elgin

Near West Elgin features a suburban atmosphere with tree-lined streets and sidewalks beneath high-reaching pine and oak canopies. The neighborhood showcases a variety of classic architectural styles, including Queen Anne homes, Victorian accents, bungalows, ranch styles, and American Foursquares, with some homes dating back to the 1850s. Quarter-acre lots are common, with larger lots found in the eastern portion of the community. Ryerson Park, located on the southeastern edge, offers playgrounds and green spaces, while the nearby Elgin Sports Complex provides extensive athletic facilities. Festival Park, just across the National Street Bridge, features a playground and splash pad, and connects to the Fox River Trail, a 40-mile multi-use path. Walnut Avenue hosts local dining spots like Willy & Grace Diner and The Walnut Speakeasy, as well as shops like Thom’s Comics & Collectibles. For groceries and essentials, residents frequent Clock Tower Plaza or the big-box retailers along Randall Road, 4 miles west. Downtown Elgin, a half-mile northeast, offers additional boutiques and restaurants. Interstate 90 and Metra’s Milwaukee District West Line provide convenient access to Chicago and O’Hare International Airport. Local events at Festival Park include the Juneteenth Cultural Festival and Fourth of July celebration. The neighborhood has a low crime risk compared to the national average.

Home Trends in Near West Elgin, IL

Housing Trends

Median Sale Price
$280,000
Median Single Family Sale Price
$275,000
Average Price Per Sq Ft
$196
Number of Homes for Sale
2
Last 12 months Home Sales
9
Months of Supply
2.70
Median List Price
$285,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
5%
How to Buy a Home How to Finance a Home How to Sell a Home