642 E Chicago St Elgin, IL 60120
Lords Park NeighborhoodEstimated payment $2,772/month
About This Home
Attention investors and savvy buyers-look no further for your next cash-flowing machine in Elgin! Perfectly situated near local schools, parks, and shopping, this outstanding multi-unit property is the ideal turnkey investment or ultimate house-hacking opportunity. The main level offers a bright 2-bedroom, 1-bathroom unit, mirrored by a second 2-bedroom, 1-bathroom unit upstairs, while a full basement provides exceptional potential to generate extra rental income. Adding even more value is a massive garage and workshop, perfect for contractor storage or an additional stream of revenue. Properties with this much upside at this price point are a rare find, so schedule your showing today before this incredible deal slips away!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,845
Year Built
- Built in 1900
Parking
- 3 Car Detached Garage
- Parking Available
- Driveway
Home Design
- Aluminum Siding
- Vinyl Siding
- Cedar
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 3 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Natural Gas
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $6,845 | $97,721 | $24,998 | $72,723 |
| 2024 | $6,845 | $90,008 | $23,025 | $66,983 |
| 2023 | $6,250 | $81,315 | $20,801 | $60,514 |
| 2022 | $5,474 | $69,129 | $18,967 | $50,162 |
| 2021 | $5,231 | $64,631 | $17,733 | $46,898 |
| 2020 | $5,080 | $61,700 | $16,929 | $44,771 |
| 2019 | $4,929 | $58,773 | $16,126 | $42,647 |
| 2018 | $4,881 | $55,368 | $15,192 | $40,176 |
| 2017 | $4,767 | $52,343 | $14,362 | $37,981 |
| 2016 | $4,539 | $48,560 | $13,324 | $35,236 |
| 2015 | -- | $44,510 | $12,213 | $32,297 |
| 2014 | -- | $43,960 | $12,062 | $31,898 |
| 2013 | -- | $45,119 | $12,380 | $32,739 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/13/2026 08/13/26 | For Sale | $399,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12731445
APN: 06-13-282-014
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.