OFF MARKET

Off market apr 2020 for $223K

—

•

3 ba

•

—

sq ft

6 N State St, Elgin, IL 60123

About this home

EXCELLENT OPPORTUNITY TO OPEN YOUR OWN BUSINESS WITHOUT PAYING RENT FOR YOUR OFFICE SPACE!!! THESE 2 RENTALS PAY YOUR MORTGAGE (OR YOU CAN RENT THE OFFICE SPACE FOR AT LEAST $900 PER MONTH). ONE APARTMENT HAS 2 BEDROOMS 1 BATH AND THE OTHER APARTMENT HAS 1 BEDROOM 1 BATH. RENTALS MAKE $1,898 PER MONTH. BOTH APARTMENTS ARE RENTED UNTIL JANUARY-FEBRUARY 2021. TENANTS PAY ELECTRICITY. 1450 SF STOREFRONT WITH HIGH VISIBILITY FOR YOUR BUSINESS WHERE HUNDREDS OF CARS TRANSIT EVERYDAY PLUS HUGE BASEMENT FOR YOUR STORAGE NEEDS. BRICK BUILDING IN GREAT CONDITIONS. WALKING DISTANCE TO TRAIN STATION, DINING AND ALL DOWNTOWN AMENITIES. COME AND SEE IT!!!

Multi-familyProperty Type

1900Year Built

1,742 sq ftLot Size

Listed by Ignacio Alvarez • Class REALTORS®

Bought with Ignacio Alvarez • Class REALTORS®

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #10659542

Redfin Estimate

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

Market trends in 60123, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.0%

0.3% MoM

Median sale price

$320K

$8K MoM

Avg. days on market

41d

2 days MoM

Recently sold homes

136

4 MoM

New listings for sale

NEW 18 HRS AGO
$399,900
3 beds2.5 baths1,956 sq ft
571 Shenandoah Trl, Elgin, IL 60123
$430,000
4 beds4 baths2,468 sq ft
63 Lockman Cir, Elgin, IL 60123
$300,000
4 beds2 baths1,710 sq ft
428 Billings St, Elgin, IL 60123
$279,900
2 beds1.5 baths1,143 sq ft
1672 Pebble Beach Cir, Elgin, IL 60123
$349,900
3 beds2 baths1,520 sq ft
1300 N Lyle Ave, Elgin, IL 60123
$455,000
5 beds2.5 baths4,592 sq ft
186 N Du Bois Ave, Elgin, IL 60123
$300,000
3 beds2 baths1,216 sq ft
279 S Aldine St, Elgin, IL 60123
$200,000
2 beds2 baths1,200 sq ft
1450 Plymouth Ln #203, Elgin, IL 60123
$465,000
5 beds2.5 baths2,292 sq ft
1450 Ashwood Dr, Elgin, IL 60123
$404,900
3 beds3.5 baths1,764 sq ft
532 Shenandoah Trl, Elgin, IL 60123
See all

Provided by Redfin

Sale history for 6 N State St

Date

Event

Price

MRED as Distributed by MLS Grid #10659542

Apr 10, 2020

Sold (MLS) (Closed Sale)

$223,000

Mar 10, 2020

Pending

—

Mar 6, 2020

Listed (New)

$229,900

MRED as Distributed by MLS Grid #10127767

Dec 20, 2018

Sold (MLS) (Closed Sale)

$210,600

Nov 9, 2018

Contingent

—

Nov 1, 2018

Listed (New)

$210,000

Great 3 unit on Elgins west side. Recently rehabbed including new kitchen, baths, paint, tile, etc. Cash flows like crazy. 2 rental units make 1820 per month on one year leases and full security deposits. Storefront currently used as office by owner but would bring another 900 per month of rental income. Tenants pay all utilities except water. Building is brick with and in great condition. Look at the CAP RATE 14% plus. Owner hates to sell, but needs to free things up for purchase of apartment complex. Their loss is your find.

MRED as Distributed by MLS Grid #10061246

Sep 24, 2018

Contingent

—

Sep 24, 2018

Listing Removed

—

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

0614406011

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 11, 2023.

Property details

Interior

Bedroom Information
# of Bedrooms: 3
# of Bedrooms (Above Grade): 3

Bathroom Information
# of Baths (Full): 2
# of Baths (1/2): 2

Additional Rooms Information
Full Basement
Unfinished Basement

Heating & Cooling
Gas Heating, Hot Water/Steam Heating, Radiators

Unit 1 Information
# of Rooms: 4
# of Baths (1/2): 2
Total Sq. Ft.: 1450
Floor #: 1
Tenant Pays Electric
Rent: NONE
Security Deposit: NONE

Unit 2 Information
# of Rooms: 4
# of Beds: 2
# of Baths (Full): 1
Total Sq. Ft.: 800
Floor #: 2
Stove, Refrigerator
Tenant Pays Electric
Rent: $1,099
Security Deposit: $1,099
Lease Expiration Date: 01/21

Unit 3 Information
# of Rooms: 2
# of Beds: 1
# of Baths (Full): 1
Total Sq. Ft.: 650
Floor #: 2
Stove, Refrigerator
Tenant Pays Electric
Rent: $799
Security Deposit: $799
Lease Expiration Date: 02/21

Exterior

Building Information
# of Units: 3
Built Before 1978
Age: 100+ Years
Brick Exterior
Stone Foundation
Flat Roof

Lot Information
Dimensions: 22X90
Less Than .25 Acre
Zoning: MULTI

Property Information
# of Rooms: 10
Ownership: Fee Simple
School Bus Service, Commuter Bus, Commuter Train
Parcel Identification Number: 0614406011

Financial

Financial Information
Tax: $3,402.48
Tax Year: 2018
Special Service Area: N
Total Rental Income: $33,576
Gross Rental Income: $33,576
Net Operating Income: $31,826
Finance Code: Conventional

Utilities

Utility Information
Water: Public
Sewer (Public)

Location

School Information
Elementary School District: 46
Junior High District: 46
High School District: 46

Location Information
Township: Elgin
Corporate Limits: Elgin
Directions: ROUTE 20 TO ROUTE 31 NORTH TO ADDRESS BETWEEN HIGHLAND AVE AND CHICAGO ST. PROPERTY LOCATED ON WEST SIDE OF THE STREET.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Kane County
APN: 0614406011

Home facts updated by county records on Apr 11, 2023

Other

Expense Information
Gross: $1,750

Listing Information
Possession: Closing
Holds Earnest Money: No
Sale Terms: Conventional, Cash Only
Seller Concessions: Yes
Seller Concessions Amount/Points: 7000

Around this home

Schools

Washington Elementary School

Public PreK-6 • Assigned • 0.6mi

5/10

Abbott Middle School

Public 7-8 • Assigned • 0.8mi

3/10

Larkin High School

Public PreK-12 • Assigned • 1.4mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Elgin, IL • 60123

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

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New listings for sale in 60123

NEW 18 HRS AGO

$399,900

3 beds2.5 baths1,956 sq ft

571 Shenandoah Trl, Elgin, IL 60123

$430,000

4 beds4 baths2,468 sq ft

63 Lockman Cir, Elgin, IL 60123

$300,000

4 beds2 baths1,710 sq ft

428 Billings St, Elgin, IL 60123

$279,900

2 beds1.5 baths1,143 sq ft

1672 Pebble Beach Cir, Elgin, IL 60123

$349,900

3 beds2 baths1,520 sq ft

1300 N Lyle Ave, Elgin, IL 60123

$455,000

5 beds2.5 baths4,592 sq ft

186 N Du Bois Ave, Elgin, IL 60123

$300,000

3 beds2 baths1,216 sq ft

279 S Aldine St, Elgin, IL 60123

$200,000

2 beds2 baths1,200 sq ft

1450 Plymouth Ln #203, Elgin, IL 60123

$465,000

5 beds2.5 baths2,292 sq ft

1450 Ashwood Dr, Elgin, IL 60123

Home values near 6 N State St

Data from public records.

Address	Redfin Estimate
9 North State St Apartment 59N107, Elgin, IL 3 Beds \| 1 Baths \| 2077 Sq. Ft.	$404,561

Address	Redfin Estimate

Address	Redfin Estimate

Property information provided by MRED as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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