SOLD NOV 24, 2025

Off Market Nov 2025 for $575K

$642,940

•

—

sq ft

262-64 Spring St, Elgin, IL 60120

About this home

Excellent Investment Opportunity - Fully Leased 4-Unit Building in Prime Elgin Location! Spacious and well-maintained, this fully occupied multi-unit property is an ideal addition to any investor's portfolio. All four units are currently leased, generating immediate rental income. Three of the units feature updated kitchens and bathrooms, providing modern comfort for tenants. Recent mechanical and structural updates offer peace of mind: TWO NEW FURNACE UNITS installed in October 2024, Two hot water heaters - 40-gallon (installed Dec 2022) & 50-gallon (installed Dec 2011). Building exterior painted, plus new gutters and downspouts (2021) and driveway/parking lot sealed (2025). The property includes two separate basement areas: One basement provides community storage for tenants and houses a coin-operated laundry (1 washer & 1 dryer) and the second basement is secured for landlord use, perfect for storage or a workshop. Ample off-street parking with 11 total spaces, 2 reserved per unit and 3 visitor spots. Conveniently located within walking distance to Gail Borden Library, Hemmens Cultural Center, Elgin Recreation Center, the scenic Fox River, and all the vibrant offerings of Downtown Elgin. Don't miss out on this great investment opportunity!

Multi-familyProperty Type

1920Year Built

8,712 sq ftLot Size

11 spacesParking

Listed by Andy Walton • HomeSmart Connect

Listed by Noel Walton • HomeSmart Connect

Bought with Andy Walton • HomeSmart Connect

Redfin checked: 3 minutes ago

•Source:MRED as Distributed by MLS Grid #12432935

Redfin Estimate

$642,940

$68K since sold in November 2025$21K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 83% higher than the average sale price ($351K) of 5 comparable homes.

SOLD MAY 19, 2026
$349,000
A
4 beds2.5 baths1,740 sq ft
371 North St, Elgin, IL 60120
SOLD MAY 22, 2026
$417,888
B
4 beds2.5 baths3,187 sq ft
585 Park St, Elgin, IL 60120
SOLD JUL 15, 2026
$365,000
C
4 beds2 baths1,908 sq ft
509 N Spring St, Elgin, IL 60120
SOLD APR 10, 2026
$250,000
D
3 beds2 baths770 sq ft
363 Franklin Blvd, Elgin, IL 60120
BOUGHT WITH REDFIN JUL 13, 2026
$375,000
E
4 beds2 baths1,364 sq ft
354 Jefferson Ave, Elgin, IL 60120

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$157,543

Est. take-home

List your home with Redfin and save $3,215

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, 1PM TO 3PM
$239,900
2 beds2 baths1,100 sq ft
1101 Yorkshire Ct Unit B, Elgin, IL 60120
3D WALKTHROUGH
$459,900
3 beds3.5 baths2,034 sq ft
520 Glenwood Trl, Elgin, IL 60120
NEW 9 HRS AGO
$275,000
3 beds2 baths1,326 sq ft
658 Columbia Ave, Elgin, IL 60120
NEW 24 HRS AGO
$355,000
3 beds2.5 baths1,700 sq ft
725 Littleton Trl Unit 50-4, Elgin, IL 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
See all

Provided by Redfin

Sale history for 262-64 Spring St

Date

Event

Price

MRED as Distributed by MLS Grid #12432935

Nov 24, 2025

Sold (MLS) (Closed)

$575,000

Sep 20, 2025

Contingent (Contingent - Continue to Show)

—

Sep 20, 2025

Relisted (Active)

—

Aug 12, 2025

Contingent (Contingent - Continue to Show)

—

Aug 1, 2025

Listed (Active)

$595,000

MRED as Distributed by MLS Grid #06836672

Oct 30, 2008

Sold (MLS)

$250,000

Aug 4, 2008

Listing Removed

—

Mar 21, 2008

Listed

$252,000

MRED as Distributed by MLS Grid #06422427

Mar 12, 2008

Listing Removed

—

Feb 27, 2007

Listed

MRED as Distributed by MLS Grid #06202163

Jan 1, 2007

Listing Removed

—

Jul 8, 2006

Listed

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Kane County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 11, 2023.

Property details

Parking

Parking Information
# of Parking (Total): 11
Parking Features: Assigned, Unassigned, Guest, Parking Lot, Owned

Interior

Bathroom Information
# of Baths (Full): 4

Bedroom Information
# of Bedrooms: 11
# of Bedrooms Possible: 11

Additional Rooms Information
Basement: Unfinished, Full

Interior Features
# of Rooms: 22

Equipment
Water Heater-Gas

Multi-Unit Information
3 Br Unit(s) In Bldg: Yes

Community Information
Community Features: Curbs

Unit Type 1 Information
Floor Number: 1
# of Rooms: 5
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer
Security Deposit: 1800
Rent: $1,650
Tenant Pays: Electric
Lease Expiration Date: Saturday, November 1, 2025

Unit Type 2 Information
Floor Number: 2
# of Rooms: 6
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer
Security Deposit: $1,750
Rent: $1,700
Tenant Pays: Electric
Lease Expiration Date: Monday, December 1, 2025

Unit Type 3 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer
Security Deposit: $1,000
Rent: $1,035
Tenant Pays: Electric
Lease Expiration Date: MO/MO

Unit Type 4 Information
Floor Number: 2
# of Rooms: 6
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer
Security Deposit: $1,900
Rent: $1,700
Tenant Pays: Electric
Lease Expiration Date: Wednesday, April 1, 2026

Exterior

Building Information
# Of Units in Building: 4
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Foundation Details: Concrete Perimeter
Construction Materials: Frame, Stucco

Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: School Bus Service
Parcel Number: 0614238015

Lot Information
Dimensions: 132 X 67
Lot Size: Less Than .25 Acre
Zoning: MULTI

Financial

Tax Information
Tax Annual Amount: $8,312
Tax Year: 2024

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas, Forced Air

Location

School Information
Elementary School District: 46
Elementary School: Ronald D O'Neal Elementary Schoo
Middle Or Junior School District: 46
Middle Or Junior School: Kimball Middle School
High School District: 46
High School: Larkin High School

Location Information
Township: Elgin
Corporate Limits: Elgin
Directions: Rt 31 to Kimball East to Spring Street North

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Kane County
APN: —

Home facts updated by county records on Apr 11, 2023

Other

Expense Information
Insurance Expense: $8,419

Listing Information
Holds Earnest Money: No
Possession: Closing
Some Photos Virtually Staged?: 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 • 1.7mi

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

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.

10.2 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$611,000 – $740,000

Reach more buyers when you sell with Redfin. Save up to $6,429 in fees. 3 minutes to get started.

Get a free, detailed breakdown of how we calculated your estimate.

Nearby similar homes

$57,000

Land— sq ft

6N661 Wyoming Ave, St Charles, IL 60174

$314,900

3 beds2 baths— sq ft

649 Wellington Ave, Elgin, IL 60120

$499,650

7 beds4 baths5,625 sq ft

705 W Highland Ave, Elgin, IL 60123

$420,000

— beds— baths2,300 sq ft

111 W Railroad Ave NW, Bartlett, IL 60103

New listings for sale in 60120

OPEN SUN, 1PM TO 3PM3D WALKTHROUGH

$239,900

2 beds2 baths1,100 sq ft

1101 Yorkshire Ct Unit B, Elgin, IL 60120

3D WALKTHROUGH

$459,900

3 beds3.5 baths2,034 sq ft

520 Glenwood Trl, Elgin, IL 60120

NEW 9 HRS AGO

$275,000

3 beds2 baths1,326 sq ft

658 Columbia Ave, Elgin, IL 60120

NEW 24 HRS AGO

$355,000

3 beds2.5 baths1,700 sq ft

725 Littleton Trl Unit 50-4, Elgin, IL 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

Home values near 262-64 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
255 N Spring Street, Elgin, IL 13 Beds \| 8 Baths \| - Sq. Ft.	—
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 2025. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

60103 homes for sale
60174 homes for sale
60175 homes for sale
60124 homes for sale
60110 homes for sale

Houses for rent in Elgin	Agents near me	Glenview, IL homes for sale	Elgin Housing Market
Houses for sale near me	Chicago, IL homes for sale	Evanston, IL homes for sale
Land for sale near me	Naperville, IL homes for sale	Oak Park, IL homes for sale
Open Houses near me	Schaumburg, IL homes for sale	Elgin Property Records
Condos for sale near me	Arlington Heights, IL homes for sale	IL New Listings

Arlington Heights homes for sale
Naperville homes for sale
Chicago homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 60120, IL

Sale history for 262-64 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 262-64 Spring St

More real estate resources