$399,900

642 E Chicago Street, Elgin, IL 60120

Active Under Contract

4 beds 0 baths Built 1900 Residential Income MLS #MRD12731445 9 days on market

Listing courtesy of O'Neil Property Group, LLC · 630-425-8815 · kdo1019@gmail.com · MLS #MRD12731445 · Status: Active Under Contract

Attention investors and savvy buyers-look no further for your next cash-flowing machine in Elgin! Perfectly situated near local schools, parks, and shopping, this outstanding multi-unit property is the ideal turnkey investment or ultimate house-hacking opportunity. The main level offers a bright 2-bedroom, 1-bathroom unit, mirrored by a second 2-bedroom, 1-bathroom unit upstairs, while a full basement provides exceptional potential to generate extra rental income. Adding even more value is a massive garage and workshop, perfect for contractor storage or an additional stream of revenue. Properties with this much upside at this price point are a rare find, so schedule your showing today before this incredible deal slips away!

Property details

Interior

Basement: Partially Finished, Full
Total rooms: 7

Building & exterior

Age: 100+ Years
Exterior: Aluminum Siding, Vinyl Siding, Cedar

Parking

Garage spaces: 3
Total spaces: 13
Parking details: Yes, Garage Owned, Detached, Driveway, Garage

Lot & location

Lot dimensions: 16335
Township: Elgin
County: Kane

Utilities

Heating: Natural Gas
Water: Public
Sewer: Public Sewer

Schools

Elementary: (46)
Junior high: (46)
High school: (46)

Taxes & terms

Annual taxes: $6,845 (2025)
Parcel number (PIN): 0613282014
PIN: 0613282014
Ownership: Fee Simple
Possession: Closing, Immediate
Special conditions: None
Listed: 8/13/2026

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Want to see this home?

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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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