167 Cherry St
Elgin, IL 60120
Northeastern Elgin- 4 Beds
- 2 Baths
4 Beds
2 Baths
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1865
Parking
Garage
About this House
This 2-unit property presents a fantastic investment opportunity. With the same tenants happily residing for 2 years and eager to stay, the property offers steady rental income. Recent improvements include updated plumbing in 2024, ensuring modern sewer piping. Both units feature new appliances, including refrigerators, water heaters, and stoves, and were remodeled prior to the current tenants' move-in. Tenants pay their own gas and electric, while the owner covers the water bill. Each unit also comes with a detached garage, providing added value. With these updates and reliable tenants, this property is a great long-term investment.
167 Cherry St, Elgin, IL 60120 is a 4 bedroom, 2 bathroom multi-family in Northeastern Elgin, built in 1865. It last sold for $255,000 on May 12, 2025 (6% below the $270,000 asking price). It is currently off market. The Trulia Estimate is $267,100, with a rent estimate of $2,233/month.
Home Details for 167 Cherry St
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MLS Status: Closed |
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Interior Details Basement: Finished,FullNumber of Rooms: 10 |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Heating & Cooling Heating: Natural GasHas HeatingHeating Fuel: Natural Gas |
View No View |
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Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: On Site,Garage Owned,Detached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1865Year Renovated: 2000 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: OtherNot a New Construction |
Property Information Parcel Number: 0614229006 |
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Price List Price: $270,000 |
Status Change & Dates Off Market Date: Thu May 01 2025Possession Timing: Close Of Escrow |
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Direction & Address City: Elgin |
School Information Elementary School District: 46Jr High / Middle School District: 46High School District: 46 |
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Lot Area: 6110 sqft |
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Special Conditions: None |
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Listing Terms: Cash |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12307747 |
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Source Internet Automated Valuation DisplaySource Internet Consumer CommentSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display |
Last check for updates: about 4 hours ago
Listed by Maria Tamayo, ABR,SRES,SRS, (224) 659-4676
Luna Real Estate Inc.
Diana Gonzalez, (224) 775-7226
Luna Real Estate Inc.
Bought with: Adalberto Sanchez-Arias, (224) 232-9419, A&O Dream Key Real Estate
Source: MRED as distributed by MLS GRID, MLS#12307747

Price History for 167 Cherry St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/12/2025 | $255,000 | Sold | MRED as distributed by MLS GRID #12307747 |
| 05/07/2025 | $270,000 | Contingent | MRED as distributed by MLS GRID #12307747 |
| 04/15/2025 | $270,000 | PriceChange | MRED as distributed by MLS GRID #12307747 |
| 03/12/2025 | $280,000 | Listed For Sale | MRED as distributed by MLS GRID #12307747 |
| 03/17/2023 | $180,000 | Sold | MRED as distributed by MLS GRID #11679481 |
| 01/13/2023 | $190,000 | Contingent | MRED as distributed by MLS GRID #11679481 |
| 01/06/2023 | $190,000 | PriceChange | MRED as distributed by MLS GRID #11679481 |
| 12/09/2022 | $215,000 | Listed For Sale | MRED as distributed by MLS GRID #11679481 |
Market trends in Elgin
Last updated June 2026
Avg. sale price
$323K
$10.67KMoM
Sale-to-List Price
100.0%
0.4%MoM
Price per sq ft
$209
$3MoM
Available listings
263
29MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $4,432 |
| Assessment | $190,143 |
Home facts updated by county records
Comparable Sales for 167 Cherry St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Multi-Family Home | $285,000 | 12/04/25 | 4 | 3 | - | |
0.03 | Multi-Family Home | $393,933 | 09/26/25 | 6 | 3 | - | |
0.43 | Multi-Family Home | $295,000 | 12/22/25 | 3 | 2 | - | |
0.15 | Multi-Family Home | $235,000 | 04/21/26 | 6 | 2 | - | |
0.63 | Multi-Family Home | $322,000 | 08/06/25 | 4 | 2 | - | |
0.74 | Multi-Family Home | $314,900 | 07/10/26 | 3 | 2 | - | |
0.14 | Multi-Family Home | $575,000 | 11/24/25 | 11 | 4 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 167 Cherry St.
What Locals Say about Northeastern Elgin
At least 27 Trulia users voted on each feature.
97 % Say there are sidewalks
84 % Say it's dog friendly
77 % Say parking is easy
77 % Say yards are well-kept
76 % Say streets are well-lit
74 % Say kids play outside
70 % Say there's holiday spirit
69 % Say car is needed
65 % Say it's walkable to restaurants
64 % Say people would walk alone at night
59 % Say it's quiet
56 % Say they plan to stay for at least 5 years
55 % Say it's walkable to grocery stores
53 % Say there's wildlife
45 % Say neighbors are friendly
35 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 167 Cherry St
Off Market Homes Near 167 Cherry St

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information

