Elgin, IL 60123 624 South Street
$395,000



24 more
























Presented By: Inspire Realty Group LLC
Home Details
Investor's Dream or Perfect Live/Work Setup! This is the investment opportunity you've been waiting for! Two Spacious 2 bedroom Units - Live in one and rent the other, or rent both for excellent income potential. Fully Functional Garage Building - Located at the rear of the lot and equipped with electric, gas, and water lines (gas & water currently capped off). Features three overhead doors with space to add a fourth, a main-floor office/storage room, and an 800 sq. ft. unfinished upper level-ideal for a workshop, studio, or additional storage.The seller just completed a total tear-off roof replacement (October 2025) and has priced it to sell. Whether you're an investor, owner-occupant, or contractor, this property delivers unmatched flexibility and value. Property Highlights: Updated Mechanical Systems - Both units feature 1.5-year-old GFA furnaces and central air conditioning for comfort and efficiency. Energy Efficient - Triple insulation in all exterior walls and nearly all newer thermo-type windows help reduce utility costs. Shared Basement Access - A central staircase leads to a clean, shared basement with hookups for two sets of washers and dryers. Low Owner Expenses - Owner pays water/sewer; tenants pay gas and electric. Why You'll Love It: Zoned and set up for success, this property offers endless income potential with minimal overhead. Whether you're looking to expand your investment portfolio, generate steady cash flow, or create the ideal live/work environment, this property checks all the boxes. Don't miss this opportunity-schedule your showing today!
Presented By: Inspire Realty Group LLC
Interior Features for 624 South Street
Bedrooms
Bedrooms Possible4
Total Bedrooms4
Bathrooms
BathroomAccessible Shower, Soaking Tub
Full Baths Building2
Half Baths Building
Total Baths2
Other Interior Features
BasementUnfinished, Stone/Rock, Storage Space, Walk-Up Access, Full, Walk-Out Access
Total Number of Units2
General for 624 South Street
Additional Parcels Y/NNo
Architectural StyleQueen Anne
CityElgin
Community FeaturesSidewalks, Street Lights, Street Paved
Construction MaterialsAluminum Siding
CountyKane
DirectionsMcLean Boulevard south to Lillian; East to South Street; East on South Street to sign in yard;
Elementary SchoolWashington Elementary School
Elementary School District46
Garage Spaces4
HeatingNatural Gas, Forced Air
High SchoolLarkin High School
High School District46
MLS AreaElgin
Middle/Junior High SchoolKimball Middle School
Middle/Junior School District46
ModificationTimestamp2025-10-26T20:32:01.745Z
New ConstructionNo
Other StructuresGarage(s), Storage
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer, Storm Sewer
Standard StatusActive
StatusNew
Subdivision NameJc and Wh Kimballs
Tax Annual Amount7871
Tax Year2024
Total Rooms10
TownshipElgin
UtilitiesCable Available
Year Built1900
Exterior for 624 South Street
Foundation DetailsOther
Lot Dimensions99 X 188
Lot FeaturesLandscaped, Level
Lot Size Acres0.42
Other EquipmentTV-Cable, CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Parking FeaturesGarage Door Opener, On Site, Garage Owned, Detached, Garage
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Larkin High School
Middle School
Kimball Middle School
Elementary School
Washington Elementary School

SQFT • 2,270