USAILElgin809 South St
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New
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$749,000

For Sale

14 hours ago

809 South St, Elgin, IL

House

MLS® 12741183

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $13,843
Days Active 1
Lot Size 2 Acres
Approx. Age 1956
MLS® Number 12741183

Property Address: 809 South St, Elgin, IL, 60123-7372

Average square foot calculated using Size range provided by listing agent.

Description

Excellent opportunity to acquire a fully occupied 8-unit multi-family investment property in the heart of Elgin! This income-producing building offers a compelling combination of current occupancy, recent capital improvements, and future value-add potential. Six of the eight units have been updated since September 2023, while Units #2 and #4 remain available for future improvements and potential rent enhancement. Major recent upgrades include a tear-off roof completed in 2024 and a water heater installed in 2022. The building is heated by a boiler, and each unit has its own window A/C unit. All 8 units are currently rented, allowing an investor to step into an established property with rental income already in place. Ideally located near restaurants, convenience stores, business offices, and established single-family neighborhoods, the property offers strong accessibility and a desirable central Elgin location. Whether you are looking to expand an existing portfolio or acquire a multi-unit property with additional upside, this 8-unit building presents an rare investment opportunity. Property is being sold AS-IS.
MLS® Number12741183
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1956
BasementNone
Driveway
Garage Spaces
Heat
A/CWindow Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 12, 2026List Date
$749,000List Price
  • Commute

Commute

Starting Address
Destination Address
809 South St, Elgin, IL

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