This home's estimate is 21.9% higher than the average sale price ($286K) of 6 comparable homes.
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566 Raymond St, Elgin, IL 60120
About this home
Charming Two-Unit in Elgin's Historical District with Excellent Income Potential! This character-filled property offers the perfect blend of classic charm, flexible living space, and strong investment opportunities. The first-floor unit features a spacious 3 to 4-bedroom layout with a walkout basement. Ideal for future finishing or extended living. The upstairs 1-bedroom unit offers excellent natural light and the possibility to reconfigure for even higher rental income. Situated on a wide lot, the property features a 1.5-car garage, an expansive brick patio, and a deep, private yard, offering outdoor comfort and ample room to expand. With rents rising in the area, this is an excellent opportunity for an owner-occupant or investor seeking substantial passive income. Perfect for a handyman buyer with a vision, this home has great bones and needs the right touch-ups and cosmetic updates to unlock its full value. Whether you're looking to maximize cash flow, renovate and build equity, or live in one unit while renting out the other, this property offers significant potential for growth. Unique charm, usable space, and endless possibilities- bring your architectural ideas and make the most of this rare opportunity! *See attached floor plan*
Redfin Estimate
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Market trends in 60120, IL
Last updated September 2026
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Sale history for 566 Raymond St
Tax history for 566 Raymond St
*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 Garage Spaces: 1
- # of Parking (Total): 1
- Parking Features: On Site, Garage Owned, Detached, Garage
Interior
- Bathroom Information
- # of Baths (Full): 3
- Bedroom Information
- # of Bedrooms: 5
- # of Bedrooms Possible: 5
- Additional Rooms Information
- Basement: Finished, Rec/Family Area, Full, Walk-Out Access
- Interior Features
- # of Rooms: 12
Exterior
- Building Information
- # Of Units in Building: 2
- Age: 100+ Years
- Built Before 1978 (Y/N): Yes
- Roof: Asphalt
- Construction Materials: Other
- Property Information
- Property Type: Two to Four Units
- Ownership: Fee Simple
- Rebuilt (Y/N): No
- Rehab (Y/N): No
- General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
- Parcel Number: 0624178029
- Lot Information
- Dimensions: 81 X 132
- Lot Size: Less Than .25 Acre
- Lot Size Source: County Records
- Lot Features: Corner Lot
Financial
- Tax Information
- Tax Annual Amount: $4,292.72
- Tax Year: 2024
- Tax Exemptions: Homeowner
- Financial Information
- Finance Code: Cash
- Special Service Area: N
Utilities
- Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Heating & Cooling
- Heating: Natural Gas
Location
- Multi-Unit Information
- 3 Br Unit(s) In Bldg: Yes
- Unit Type 1 Information
- Floor Number: 1
- # of Rooms: 9
- # of Bedrooms: 4
- # of Bathrooms (Total): 2
- # of Full Bathrooms: 2
- Appliances and Features: Stove,Refrigerator
- Security Deposit: 0
- Tenant Pays: Electric
- Lease Expiration Date: N/A
- Unit Type 2 Information
- Floor Number: 2
- # of Rooms: 3
- # of Bedrooms: 1
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- Appliances and Features: Stove,Refrigerator
- Tenant Pays: Electric
- Lease Expiration Date: N/A
- School Information
- Elementary School District: 46
- Middle Or Junior School District: 46
- High School District: 46
- Location Information
- Township: Elgin
- Corporate Limits: Elgin
- Directions: Rte. 31 North (State St.) To National St. East, to Raymond St. South, to the property
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 10,805 square feet
- Style: Single Family Residential
- Year Built: —
- Year Renovated: —
- County: Kane County
- APN: 0624178029
Other
- Listing Information
- Holds Earnest Money: No
- Possession: Closing
- Some Photos Virtually Staged?: Yes
- Teams Information
- Buyer Team Name: THE ESTHER ZAMUDIO TEAM
Around this home
Schools
Public PreK-6 • Assigned • 0.6mi
Public 7-8 • Assigned • 1.4mi
Public 9-12 • Assigned • 1.6mi
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
New listings for sale in 60120
Home values near 566 Raymond St
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | - Sq. Ft. | $238,624 |
2 Beds | 1 Baths | 1000 Sq. Ft. | $198,373 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1424 Sq. Ft. | $270,823 |
5 Beds | 2 Baths | - Sq. Ft. | $295,944 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | - Sq. Ft. | $204,310 |
2 Beds | 2 Baths | 1496 Sq. Ft. | $266,934 |
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