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  • $275,000

    475 Laurel St, Elgin, IL 60120

    5beds
    --sqft
    Multi Family
    Built in 1909
    -- sqft lot
    $138,600 Zestimate®
    $--/sqft
    $1,847 Estimated rent

    Home value

    $138,600

    $125,000 - $154,000

    $1,847/mo

    Zestimate® history
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    $1,896/mo

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    $1,896/mo

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    What's special

    Investors or first time buyers looking to house hack. This 2 unit home is a must see! It is currently set up as a two unit property, but can be converted back into a single family home. It has a total of 5 bedrooms and 2 bathrooms. This can be used as a rental income property, as the first floor unit (2 bed/1 bath) is currently rented (lease ends 9/30/25) and the second floor unit (3 bed/1 bath) is being used as a short term rental. Or if you would like to house hack, you can live in the the second floor unit while collecting rent to cover the mortgage. The 3 bedroom unit had some rehabbing done. The first floor unit needs a little TLC, as well as the basement. Close to schools, shopping, and the casino. This home will sell fast as inventory remains low, so come check it out before it is gone! Need at least 24 hrs notice

    Zillow last checked: 8 hours ago

    Listing updated: July 31, 2025 at 05:33pm

    Listing courtesy of:

    Anthony Marte 217-960-8605,

    Real Broker LLC

    Bought with:

    Viviana Vargas

    Keller Williams Innovate - Aurora

    Source: MRED as distributed by MLS GRID,MLS#: 12348006MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Basement: Partially Finished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 5,280 sqft
    • Dimensions: 66X80
    Details
    • Parcel number: 0613451006
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    Condition
    • New construction: No
    • Year built: 1909
    • Major remodel year: 2024
    Details
    • Builder model: 2 FLAT

    Utilities & green energy

    • Sewer: Public Sewer, Storm Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Elgin

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/31/2025Sold$275,000-3.5%
    Source: MRED as distributed by MLS GRID #12348006 Report a problem
    6/12/2025Contingent$285,000
    Source: MRED as distributed by MLS GRID #12348006 Report a problem
    6/4/2025Price change$285,000-1.4%
    Source: MRED as distributed by MLS GRID #12348006 Report a problem
    5/8/2025Listed for sale$289,000+70.1%
    Source: MRED as distributed by MLS GRID #12348006 Report a problem
    3/13/2018Listing removed$169,900
    Source: Illinois Real Estate Partners #09795300 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,246 +3.9%$78,048 +10.7%
    2023$6,011 +16.7%$70,510 +18.7%
    2022$5,151 +4%$59,401 +7%

    Find assessor info on the county website

    Neighborhood: 60120

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 46

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $138,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $138,600