624 South St Elgin, IL 60123
Near West Elgin NeighborhoodEstimated payment $2,727/month
Highlights
- 0.42 Acre Lot
- Queen Anne Architecture
- Soaking Tub
- Landscaped Professionally
- Porch
- Handicap Shower
About This Home
Investor's Dream or Perfect Live/Work Setup! This is the investment opportunity you've been waiting for! Two Spacious 2 bedroom Units - Live in one and rent the other, or rent both for excellent income potential. Fully Functional Garage Building - Located at the rear of the lot and equipped with electric, gas, and water lines (gas & water currently capped off). Features three overhead doors with space to add a fourth, a main-floor office/storage room, and an 800 sq. ft. unfinished upper level-ideal for a workshop, studio, or additional storage.The seller just completed a total tear-off roof replacement (October 2025) and has priced it to sell. Whether you're an investor, owner-occupant, or contractor, this property delivers unmatched flexibility and value. Property Highlights: Updated Mechanical Systems - Both units feature 1.5-year-old GFA furnaces and central air conditioning for comfort and efficiency. Energy Efficient - Triple insulation in all exterior walls and nearly all newer thermo-type windows help reduce utility costs. Shared Basement Access - A central staircase leads to a clean, shared basement with hookups for two sets of washers and dryers. Low Owner Expenses - Owner pays water/sewer; tenants pay gas and electric. Why You'll Love It: Zoned and set up for success, this property offers endless income potential with minimal overhead. Whether you're looking to expand your investment portfolio, generate steady cash flow, or create the ideal live/work environment, this property checks all the boxes. Don't miss this opportunity-schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,871
Year Built
- Built in 1900
Lot Details
- 0.42 Acre Lot
- Lot Dimensions are 99 x 188
- Landscaped Professionally
- Paved or Partially Paved Lot
- Level Lot
Parking
- 4 Car Garage
- Parking Included in Price
Home Design
- Queen Anne Architecture
- Asphalt Roof
Interior Spaces
- Ceiling Fan
- Window Screens
- Basement Fills Entire Space Under The House
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
- Soaking Tub
Accessible Home Design
- Handicap Shower
Outdoor Features
- Outdoor Storage
- Porch
Schools
- Washington Elementary School
- Kimball Middle School
- Larkin High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Multiple Water Heaters
- Cable TV Available
Community Details
- 2 Units
- Jc And Wh Kimballs Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,871 | $98,358 | $21,225 | $77,133 |
| 2023 | $7,575 | $88,859 | $19,175 | $69,684 |
| 2022 | $6,525 | $75,248 | $17,484 | $57,764 |
| 2021 | $6,277 | $70,351 | $16,346 | $54,005 |
| 2020 | $6,125 | $67,161 | $15,605 | $51,556 |
| 2019 | $5,975 | $63,975 | $14,865 | $49,110 |
| 2018 | $5,959 | $60,269 | $14,004 | $46,265 |
| 2017 | $5,860 | $56,976 | $13,239 | $43,737 |
| 2016 | $4,997 | $52,858 | $12,282 | $40,576 |
| 2015 | -- | $48,450 | $11,258 | $37,192 |
| 2014 | -- | $47,852 | $11,119 | $36,733 |
| 2013 | -- | $49,114 | $11,412 | $37,702 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | Pending | -- | -- | -- |
| 10/26/2025 10/26/25 | For Sale | $395,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Attorney |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12504264
APN: 06-14-378-021
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