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Sold for $795,000 on 03/15/23
  • $795,000

    255 N Spring St, Elgin, IL 60120

    13beds
    7baths
    1,000sqft
    MultiFamily
    Built in 1914
    -- sqft lot
    $1,010,800 Zestimate®
    $795/sqft
    $2,078 Estimated rent

    Home value

    $1,010,800

    $890,000 - $1.14M

    $2,078/mo

    Zestimate® history
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    Owner options

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    $2,078/mo

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    $5,485/mo

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    $5,485/mo

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    What's special

    Not a short sale or foreclosure. Just a well-maintained building priced right. As of this listing, 6 of the 7 units are rented. 7th unit was just vacated and should be rented soon. Many mechanical items have been replaced recently. 11 parking spaces to accommodate tenants. Close to downtown Elgin, shopping, casino, etc. This one will not last long.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 7
    Heating
    • Radiant, Gas
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Tile, Hardwood
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,000 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Brick, Cement / Concrete
    • Has view: Yes
    • View description: City

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1914

    Community & neighborhood

    Location
    • Region: Elgin

    Other

    Other facts
    • Electricity not included in rent
    • Garbage included in rent
    • Gas not included in rent
    • Heating included in rent
    • Parking -
    • Water included in rent

    Price history

    DateEventPrice
    3/15/2023Sold$795,000+93.9%$795/sqft
    Source: Agent Provided
    3/27/2019Listing removed$850$1/sqft
    Source: Grid 7 Properties
    1/10/2019Listed for rent$850-2.9%$1/sqft
    Source: Grid 7 Properties
    11/27/2017Sold$410,000+40.2%$410/sqft
    Source: Agent Provided
    5/16/2017Listing removed$875$1/sqft
    Source: GC Realty & Development LLC

    Public tax history

    Tax history is unavailable.

    Neighborhood: Northeastern Elgin

    Nearby schools

    GreatSchools rating
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    $1,010,800
    2% more+ $20,216
    With Zillow Showcase(estimated)
    $1,031,016