OFF MARKET

Off Market Nov 2017 for $410K

—

Est. refi paymentEst. refi $1,893/mo

•

8 ba

•

—

sq ft

255 N Spring St, Elgin, IL 60120

About this home

WELL MAINTAINED INCOME PRODUCING 7 UNIT BUILDING PRICED TO SELL. MOST UNITS HAVE BEEN UPDATED. NEWER BOILER AND ROOF AND UPDATED ELECTRICAL. ONSITE LAUNDRY ROOM, STORAGE AREAS, 11 PARKING SPACES TO ACCOMMODATE TENANTS. SMALL OUTSIDE STORAGE GARAGE CURRENTLY BEING USED BY TENANT IN EXCHANGE FOR LANDSCAPING MAINTENANCE. CLOSE TO DOWNTOWN ELGIN, SHOPPING AND CASINO. SERIOUS BUYERS ONLY. 48 HOUR NOTICE REQUIRED FOR SHOWINGS.

Multi-familyProperty Type

1914Year Built

10,454 sq ftLot Size

11 spacesParking

Listed by Michelle Lawler • GC Realty and Development

Listed by Bryan Sonn

Bought with Nicole Verlotta • d'aprile properties

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #09720787

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 60120, IL

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.7%

+0.1% MoM

Median sale price

$313K

$2K MoM

Avg. days on market

43d

0 days MoM

Recently sold homes

108

25 MoM

New listings for sale

OPEN SUN, 11AM TO 1PM
$274,999
2 beds1 bath624 sq ft
684 Cooper Ave, Elgin, IL 60120
OPEN SAT, 11AM TO 1PM
$334,900
4 beds2.5 baths1,868 sq ft
134 Neutrenton Ave, Elgin, IL 60120
OPEN SAT, 11AM TO 1PM
$360,000
6 beds3 baths3,402 sq ft
217 Michigan St, Elgin, IL 60120
$395,000
3 beds2.5 baths2,800 sq ft
1130 Duncan Ave, Elgin, IL 60120
$289,900
3 beds3 baths1,700 sq ft
864 N Shady Oaks Dr #864, Elgin, IL 60120
$255,000
2 beds1.5 baths1,350 sq ft
738 Shady Oaks Ct, Elgin, IL 60120
$285,000
4 beds1.5 baths1,602 sq ft
808 N Spring St #808, Elgin, IL 60120
$419,000
4 beds3.5 baths2,714 sq ft
176 S Channing St, Elgin, IL 60120
$569,900
5 beds3.5 baths2,723 sq ft
2615 Poplar View Bnd, Elgin, IL 60120
$315,000
3 beds2 baths1,400 sq ft
626 Bent St, Elgin, IL 60120
See all

Provided by Redfin

Sale history for 255 N Spring St

Year

Property tax

Land + Additions

Assessment*

2025

$15,378 (+3.5%)

$25,121 + $176,453

$201,574

2024

$14,858 (+3.9%)

$25,121 + $176,453

$201,574

2023

$14,298 (+7.8%)

$23,138 + $162,525

$185,663

2022

$13,262 (+4.0%)

$20,903 + $146,829

$167,732

2021

$12,757 (+2.5%)

$19,060 + $133,883

$152,943

2020

$12,450 (+2.5%)

$17,820 + $125,171

$142,991

2019

$12,144 (+0.3%)

$16,205 + $113,826

$130,031

2018

$12,111 (−3.4%)

$16,205 + $113,826

$130,031

2017

$12,538 (+4.0%)

$15,266 + $107,231

$122,497

2016

$12,061 (+0.3%)

$15,192 + $106,707

$121,899

2015

$12,020 (+5.4%)

$14,094 + $98,995

$113,089

2013

$11,406 (−17.7%)

$13,096 + $98,884

$111,980

2012

$13,851 (+17.2%)

$13,096 + $98,884

$111,980

2011

$11,815 (−4.6%)

$14,146 + $121,374

$135,520

2010

$12,383 (+3.6%)

$17,527 + $123,986

$141,513

2009

$11,952 (+5.8%)

$17,527 + $123,986

$141,513

2008

$11,292 (+1.2%)

$18,790 + $132,918

$151,708

2007

$11,159

$18,186 + $128,647

$146,833

Tax history for 255 N Spring St

Year

Property tax

Land + Additions

Assessment*

2025

$15,378 (+3.5%)

$25,121 + $176,453

$201,574

2024

$14,858 (+3.9%)

$25,121 + $176,453

$201,574

2023

$14,298 (+7.8%)

$23,138 + $162,525

$185,663

2022

$13,262 (+4.0%)

$20,903 + $146,829

$167,732

2021

$12,757 (+2.5%)

$19,060 + $133,883

$152,943

2020

$12,450 (+2.5%)

$17,820 + $125,171

$142,991

2019

$12,144 (+0.3%)

$16,205 + $113,826

$130,031

2018

$12,111 (−3.4%)

$16,205 + $113,826

$130,031

2017

$12,538 (+4.0%)

$15,266 + $107,231

$122,497

2016

$12,061 (+0.3%)

$15,192 + $106,707

$121,899

2015

$12,020 (+5.4%)

$14,094 + $98,995

$113,089

2013

$11,406 (−17.7%)

$13,096 + $98,884

$111,980

2012

$13,851 (+17.2%)

$13,096 + $98,884

$111,980

2011

$11,815 (−4.6%)

$14,146 + $121,374

$135,520

2010

$12,383 (+3.6%)

$17,527 + $123,986

$141,513

2009

$11,952 (+5.8%)

$17,527 + $123,986

$141,513

2008

$11,292 (+1.2%)

$18,790 + $132,918

$151,708

2007

$11,159

$18,186 + $128,647

$146,833

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

10,775 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Kane County

APN

0613105011

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 24, 2026.

Property details

Parking

Parking Information
# of Parking Spaces: 11
6-12 Outdoor Parking Spaces

Interior

Additional Rooms Information
Cellar

Equipment
Fire Protection: Smoke/Fire Protectors
# of Refrigerators: 7
# of Ranges: 7

Heating & Cooling
Hot Water Heating, Radiant Heating
No Air Conditioning

Exterior

Building Information
Built Before 1978
Age: 51+ Years
Brick Exterior
Brick Construction
Block Foundation, Concrete Foundation
Tar & Gravel Roof
Flat Roof

Lot Information
Sq. Ft.: 10775
Dimensions: 132 X 82
City Street Access
Zoning: MULTI

Property Information
Green Disclosure: No
Current Use: Residential (Multi-Family)
Potential Use: Residential (Multi-Family)
Parcel Identification Number: 0613105011

Financial

Financial Information
Tax: $12,020
Tax Year: 2015
Total Monthly Income: $5,770
Total Annual Income: $69,240
Gross Rental Income: $69,240
Gross Rent Multiplier: 6.14
Net Operating Income: $40,479
Net Operating Income Year: 2016
Finance Code: Conventional

Utilities

Utility Information
Circuit Breakers, 101-200 Amps
Sanitary Sewer to Site, Water (Municipal)

Location

Multi-Family Information
# of Units: 7
Last Lease Expiration Date: Tuesday, April 30, 2019 5:00 AM
Tenant Pays Electric

Unit 1 Information
# of Units of Type: 3
# of Rooms: 3
# of Beds: 1
# of Baths: 1
Monthly Income: $705
Maximum Monthly Income: $750

Unit 2 Information
# of Units of Type: 1
# of Rooms: 4
# of Beds: 2
# of Baths: 2
Monthly Income: $875
Maximum Monthly Income: $875

Unit 3 Information
# of Units of Type: 2
# of Rooms: 4
# of Beds: 2
# of Baths: 1
Monthly Income: $790
Maximum Monthly Income: $800

Unit 4 Information
# of Units of Type: 1
# of Rooms: 7
# of Beds: 4
# of Baths: 1
Monthly Income: $1,100
Maximum Monthly Income: $1,100

Location Information
Township: ELGIN
Directions: Route 31 to Kimball. E on Kimball to Spring. N side of street

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 10,775 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Kane County
APN: 0613105011

Home facts updated by county records on Aug 24, 2026

Other

Expense Information
Total Annual: $16,741
Total Annual Year: 2016
Electricity: $404

Listing Information
Possession: Closing
Sale Terms: Conventional
Seller Concessions: No

Around this home

Schools

Ronald D O'Neal Elementary School

Public K-6 • Assigned • 0.7mi

4/10

Kimball Middle School

Public 7-8 • Assigned • 1.5mi

3/10

Larkin High School

Public PreK-12 • Assigned • 1.8mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Elgin, IL • 60120

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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Nearby similar homes

$265,000

2 beds1 bath1,100 sq ft

321 Charlotte Ct #3, Schaumburg, IL 60193

New listings for sale in 60120

OPEN SUN, 11AM TO 1PM

$274,999

2 beds1 bath624 sq ft

684 Cooper Ave, Elgin, IL 60120

OPEN SAT, 11AM TO 1PM

$334,900

4 beds2.5 baths1,868 sq ft

134 Neutrenton Ave, Elgin, IL 60120

OPEN SAT, 11AM TO 1PM

$360,000

6 beds3 baths3,402 sq ft

217 Michigan St, Elgin, IL 60120

$395,000

3 beds2.5 baths2,800 sq ft

1130 Duncan Ave, Elgin, IL 60120

$289,900

3 beds3 baths1,700 sq ft

864 N Shady Oaks Dr #864, Elgin, IL 60120

$255,000

2 beds1.5 baths1,350 sq ft

738 Shady Oaks Ct, Elgin, IL 60120

$285,000

4 beds1.5 baths1,602 sq ft

808 N Spring St #808, Elgin, IL 60120

$419,000

4 beds3.5 baths2,714 sq ft

176 S Channing St, Elgin, IL 60120

$569,900

5 beds3.5 baths2,723 sq ft

2615 Poplar View Bnd, Elgin, IL 60120

Home values near 255 N Spring St

Data from public records.

Address	Redfin Estimate
273 N Spring Street, Elgin, IL 3 Beds \| 1.5 Baths \| 1839 Sq. Ft.	$307,777
277 N Spring Street, Elgin, IL 3 Beds \| 2.5 Baths \| 1306 Sq. Ft.	$339,568

Address	Redfin Estimate
272 N Spring Street, Elgin, IL 3 Beds \| 1.5 Baths \| 1400 Sq. Ft.	$351,732
255 N Spring Street, Elgin, IL 13 Beds \| 8 Baths \| - Sq. Ft.	—

Address	Redfin Estimate
262 N Spring Street, Elgin, IL 11 Beds \| 4 Baths \| - Sq. Ft.	$642,940
171 Franklin Boulevard, Elgin, IL 3 Beds \| 1.5 Baths \| 1200 Sq. Ft.	$185,827

Property information provided by MRED as Distributed by MLS Grid when last listed in 2017. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 60120, IL

Sale history for 255 N Spring St

Tax history for 255 N Spring St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60120

Home values near 255 N Spring St

More real estate resources