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1651 Maple Ln, Elgin, IL 60123
About this home
Well cared for 6-unit building with all 2 bedroom units. Each unit has living room, kitchen, 2 bedrooms and 1 bath plus a patio/balcony. The basement has 6 storerooms for tenants plus 1 for owner and 1 coin-operated washer and dryer. The hot water heater was replaced in 2018.There is parking in the back and there is a verbal agreement with owner across drive to each use the 1651 side of the drive to park vehicles on, each building has 2 spaces. Roof was replaced in 2008.Rent roll and expenses sheet is in MLS docs.
Redfin Estimate
Market trends in 60123, IL
Last updated September 2026
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Provided by Redfin
Sale history for 1651 Maple Ln
$74/sq ft
$79/sq ft
Tax history for 1651 Maple Ln
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- # of Parking Spaces: 8
Interior
- Additional Rooms Information
- Partially Finished Basement, Crawl Space
- Equipment
- # of Refrigerators: 6
- # of Ranges: 6
- # of Washers: 1
- # of Dryers: 1
- Heating & Cooling
- Electric Heating
- Wall Sleeve Air Conditioning
- # of Window Air Conditioning Units: 6
Exterior
- Building Information
- Built Before 1978
- Age: 36-50 Years
- Cedar Exterior
- Wood Frame Construction
- Concrete Foundation
- Shingle Composition Roof
- Gabled Roof
- Property Features
- Curbs and Gutters, Sidewalks, Cable Ready
- Storage Inside, Laundry Room
- Lot Information
- Sq. Ft.: 14244
- Dimensions: 87X162X81X183
- City Street Access
- Zoning: MULTI
- Property Information
- Ownership Type: Sole Proprietor
- Current Use: Residential (Multi-Family)
- Potential Use: Residential (Multi-Family)
- Parcel Identification Number: 0615155002
Financial
- Financial Information
- Tax: $12,879
- Tax Year: 2017
- Total Monthly Income: $5,300
- Total Annual Income: $64,234
- Gross Rental Income: $63,600
- Gross Rent Multiplier: 7.08
- Net Operating Income: $28,379
- Net Operating Income Year: 2018
- Cap Rate: 6.3
- Finance Code: Conventional
Utilities
- Utility Information
- Circuit Breakers
Location
- Multi-Family Information
- # of Units: 6
- Last Lease Expiration Date: Thursday, October 31, 2019 5:00 AM
- Tenant Pays Air Conditioning, Tenant Pays Electric, Tenant Pays Heat
- Unit 1 Information
- # of Units of Type: 6
- # of Rooms: 4
- # of Beds: 2
- # of Baths: 1
- Monthly Income: $875
- Maximum Monthly Income: $900
- Location Information
- Township: Elgin
- Directions: McLean to Maple then west to building.
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 0.33 acres
- Style: Single Family Residential
- Year Built: —
- Year Renovated: —
- County: Kane County
- APN: 0615155002
Other
- Expense Information
- Total Annual: $22,976
- Total Annual Year: 2018
- Electricity: $1,087
- Listing Information
- Possession: Closing, Tenant's Rights
- Known Encumbrances: None Known
- Sale Terms: Conventional
- Seller Concessions: No
Around this home
Schools
Public PreK-6 • Assigned • 0.6mi
Public 7-8 • Assigned • 0.6mi
Public PreK-12 • Assigned • 0.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 101° expected this year, 14 days in 30 years
0% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
In this area, properties receive around 10.2 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
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Home values near 1651 Maple Ln
| Address | Redfin Estimate |
|---|---|
5 Beds | 2 Baths | - Sq. Ft. | $339,401 |
2 Beds | 2 Baths | 1708 Sq. Ft. | $304,284 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 791 Sq. Ft. | $243,585 |
42 Beds | 21 Baths | - Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1.5 Baths | 1708 Sq. Ft. | $268,402 |
42 Beds | 21 Baths | - Sq. Ft. | — |
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