$499,900

740 Cheyenne Ln Unit 42 Elgin, IL 60123

Estimated payment $3,620/month

Total Views 274
6 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • Deck
  • Forced Air Heating System

About This Home

Welcome to this rare opportunity! Full side by side duplex tucked away in the back of the Valley Creek subdivision! Each side is a mirror image of one another featuring 3 bedrooms, 2 full baths, full unfinished basement and each has a 2 car garage! 740 Cheyenne has all been redone with newer flooring! 742 does need some updating! Each unit has a very functional eat-in kitchen, cozy living room and separate dining area with sliding door to the private deck! Spacious master bedroom with vaulted ceiling, skylight and walk-in closet! Gracious size secondary bedrooms! Upper bath with skylight and oversized vanity! Covered front porch perfect for summer nights! Deep lot with mature trees! Maintenance free exterior! Each unit renting for $1950 with leases expiring end of August! Live in one side or rent the entire building! This is the crown jewel for duplexes! Allow 24 hour notice for showings!

Listing Agent

Bob Wisdom

RE/MAX Horizon License #475122882 Listed on: 06/25/2025

RE/MAX Horizon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,024

Year Built

  • Built in 1989

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 88x120x83x120

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck

Community Details

  • 2 Units
  • Valley Creek Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,024

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Valley Creek
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • List Price: 499900
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 88X120X83X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 10024.3
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2023 $9,575 $112,320 $33,007 $79,313
2022 $8,881 $102,417 $30,097 $72,320
2021 $8,543 $95,753 $28,139 $67,614
2020 $8,337 $91,411 $26,863 $64,548
2019 $8,133 $87,075 $25,589 $61,486
2018 $8,110 $82,030 $24,106 $57,924
2017 $7,976 $77,548 $22,789 $54,759
2016 $7,673 $71,944 $21,142 $50,802
2015 -- $65,944 $19,379 $46,565
2014 -- $65,130 $19,140 $45,990
2013 -- $66,848 $19,645 $47,203
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 For Sale $499,900 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

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    $469,000

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    • 2 Baths
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    Very rare opportunity to purchase a full side by side ranch duplex on Elgin's West side! Great curb appeal! New concrete driveway! Each unit features a front living room with picture window and vaulted ceilings! Both kitchens with breakfast bar, oak cabinetry and all appliances stay! Separate dining area with skylight, vaulted ceilings and sliding glass door to the private deck! Spacious bedrooms

    Bob Wisdom RE/MAX Horizon

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12383954

Midwest Real Estate Data (MRED)

APN: 06-09-151-017