Great Investment Opportunity - Two-Unit Property in Prime Location! Don't miss this fantastic opportunity to own a well-maintained 2-flat just minutes from the shopping and dining conveniences of Summit and Route 58, with easy access to I-90 for a smooth commute. This two-story property features two separate units, each with 2 bedrooms and 1 full bathroom, and separate utilities for added convenience and investment potential. Lower-level unit offers beautiful hardwood floors, abundant natural light from large windows, and a spacious kitchen with ample cabinet space. Upper-level unit also features hardwood flooring and a comfortable, functional layout. Outside, enjoy a three-car garage and a long driveway providing plenty of off-street parking. Whether you're looking to live in one unit and rent the other, or rent both for income, this property offers plenty of potential! Schedule your showing today and explore the possibilities this investment property has to offer!
Closed
$295,000
478 Barrett St, Elgin, IL 60120
4beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$299,300 Zestimate®
$--/sqft
$2,093 Estimated rent
Home value
$299,300
$269,000 - $332,000
$2,093/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 20, 2025 at 02:57pm
Listing courtesy of:
Christopher Davis 847-489-3476,
Inspire Realty Group LLC
Bought with:
Ruben Camacho
Weichert, Realtors - All Pro
Source: MRED as distributed by MLS GRID,MLS#: 12388501
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 3
- Parking features: Garage, On Site, Garage Owned, Detached
- Garage spaces: 3
Features
- Patio & porch: Porch
Lot
- Size: 5,662 sqft
- Dimensions: 55X112
- Features: Dimensions to Center of Road
Details
- Parcel number: 0613454006
- Zoning: LNC
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Brick/Mortar, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Details
- Builder model: 2 FLAT
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Community
- Community features: Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Elgin
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $295,000-1.7% |
Source:  MRED as distributed by MLS GRID #12388501 | ||
| 6/30/2025 | Contingent | $300,000 |
Source: MRED as distributed by MLS GRID #12388501 | ||
| 6/9/2025 | Listed for sale | $300,000+122.2% |
Source: MRED as distributed by MLS GRID #12388501 | ||
| 4/20/2017 | Sold | $135,000-6.6% |
Source: MRED as distributed by MLS GRID #09501083 | ||
| 3/22/2017 | Pending sale | $144,500 |
Source: Berkshire Hathaway HomeServices Starck Real Estate #09501083 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,724 +5.4% | $67,034 +10.7% |
| 2023 | $4,481 +14.4% | $60,560 +18.3% |
| 2022 | $3,918 +4.9% | $51,184 +7% |
Find assessor info on the county website
Neighborhood: 60120
Nearby schools
GreatSchools rating
- 3/10Channing Memorial Elementary SchoolGrades: K-6Distance: 0.2 mi
- 3/10Ellis Middle SchoolGrades: 7-8Distance: 0.2 mi
- 2/10Elgin High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Garfield Elementary School
- Middle: Ellis Middle School
- High: Elgin High School
- 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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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$299,300
2% more+ $5,986
With Zillow Showcase(estimated)
$305,286