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$390,000 SOLD Dec 2025
Listed at $395,000

624 South Street, Elgin, IL 60123

Closed
4 beds 0 baths Built 1900 Residential Income MLS #MRD12504264 9 days on market
Listing courtesy of Inspire Realty Group LLC · 847-489-3476 · chris@inspirerealtygroup.com · MLS #MRD12504264 · Status: Closed
Investor's Dream or Perfect Live/Work Setup! This is the investment opportunity you've been waiting for! Two Spacious 2 bedroom Units - Live in one and rent the other, or rent both for excellent income potential. Fully Functional Garage Building - Located at the rear of the lot and equipped with electric, gas, and water lines (gas & water currently capped off). Features three overhead doors with space to add a fourth, a main-floor office/storage room, and an 800 sq. ft. unfinished upper level-ideal for a workshop, studio, or additional storage.The seller just completed a total tear-off roof replacement (October 2025) and has priced it to sell. Whether you're an investor, owner-occupant, or contractor, this property delivers unmatched flexibility and value. Property Highlights: Updated Mechanical Systems - Both units feature 1.5-year-old GFA furnaces and central air conditioning for comfort and efficiency. Energy Efficient - Triple insulation in all exterior walls and nearly all newer thermo-type windows help reduce utility costs. Shared Basement Access - A central staircase leads to a clean, shared basement with hookups for two sets of washers and dryers. Low Owner Expenses - Owner pays water/sewer; tenants pay gas and electric. Why You'll Love It: Zoned and set up for success, this property offers endless income potential with minimal overhead. Whether you're looking to expand your investment portfolio, generate steady cash flow, or create the ideal live/work environment, this property checks all the boxes. Don't miss this opportunity-schedule your showing today!

Property details

Interior

Basement
Unfinished, Stone/Rock, Storage Space, Walk-Up Access, Full, Walk-Out Access
Total rooms
10

Building & exterior

Style
Queen Anne
Age
100+ Years
Exterior
Aluminum Siding
Roof
Asphalt
Foundation
Other
Windows
Screens
Patio & porch
Porch
Other structures
Garage(s), Storage

Parking

Garage spaces
4
Total spaces
4
Parking details
Garage Door Opener, Yes, Garage Owned, Detached, Garage

Lot & location

Lot dimensions
99 X 188
Lot description
Landscaped, Level
Township
Elgin
County
Kane

Utilities

Heating
Natural Gas, Forced Air
Water
Public
Sewer
Public Sewer, Storm Sewer
Equipment
TV-Cable, CO Detectors, Ceiling Fan(s), Multiple Water Heaters

HOA & community

Community features
Sidewalks, Street Lights, Street Paved

Schools

Elementary
Washington Elementary School (46)
Junior high
Kimball Middle School (46)
High school
Larkin High School (46)

Taxes & terms

Annual taxes
$7,871 (2024)
Parcel number (PIN)
0614378021
PIN
0614378021
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
10/26/2025
Sold
12/31/2025
Sold price
$390,000
Want to see this home?

The Dawn Simmons Team (RE/MAX Suburban) can show you any listed property and give you a straight answer on what it's really worth. Call/text Josh at (224) 628-4013.

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