472 N  Spring St, Elgin, IL 60120
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Property image
FOR SALE
NEW - 1 DAY AGO

472 N Spring St
Elgin, IL 60120

Northeastern Elgin
  • 6 Beds
  • 2 Baths

$420,000

Original price: $149,900
Est. Mortgage $2,891/mo*

$420,000

Original price: $149,900
Est. Mortgage $2,891/mo*
6 Beds
2 Baths

Local Information

  • Map ViewExplore the area around 472 N Spring St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Great Turnkey Investment Opportunity located in historic district just north of rapidly developing downtown Elgin. Remodel in 2020 included 2 new eat-in kitchens with granite countertops & new appliances, new bathrooms, all new gas forced-air HVAC system with new central air conditioning units, furnaces, and hot water heaters. New roof on house & garage along with all copper pipes replacing old galvanized also in 2020. Large 2-story detached 1200sf garage currently used for owner's storage is potential 3rd unit coach house development or can be rented to tenants now for indoor parking income. Separately metered gas & electric. Coin-operated commercial washer & dryer in basement shared by both units provides extra income. Second floor tenants maintain lawn and bushes and are responsible for snow removal in exchange for $60/month reduction in rent which is reflected in adjusted Unit 2 current lease amount of $1,640/month. Both apartments are currently leased - start out with strong cash flow right away. Photos are from when both units were vacant prior to tenant occupancy.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 472 N Spring St

Active Status

MLS Status: New

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 10
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 2Number of Bathrooms (full): 2
Appliances & Utilities
Appliances: Multiple Water Heaters, Gas Water Heater
Heating & Cooling
Heating: Natural Gas,Forced AirHas HeatingHeating Fuel: Natural Gas
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Yes,Garage Owned,Detached,Driveway,Owned,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Renovated: 2020
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: OtherNot a New Construction
Property Information
Parcel Number: 0611484006

Price & Status

Price
List Price: $420,000
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Elgin
School Information
Elementary School District: 46Jr High / Middle School District: 46High School District: 46

Agent Information

Listing Agent
Listing ID: 12704270

Lot Information

Lot Area: 8712 sqft

Listing Info

Special Conditions: None

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12704270

Additional Information

Source Internet Entire Listing DisplayMRD IDX Comments Reviews: NoMRD Listing On IDX Display: YesMRD Address On VOW Display: YesMRD AVM On IDX Display: NoMRD Price History On IDX Display: NoMRD Market Time On IDX Display: NoSource Internet Address DisplayMRD REMARKSINTERNET: YesHide Price History DisplayHide Days On Site DisplayMRD Remarks On VOW Display: Yes
Last check for updates: about 5 hours ago
Listing courtesy of: Kevin Williams, (847) 495-5000
HomeSmart Connect
Source: MRED as distributed by MLS GRID, MLS#12704270

Market trends in Elgin

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$323K
$10.67K
MoM
Sale-to-List Price
100.0%
0.4%
MoM
Price per sq ft
$209
$3
MoM
Available listings
263
29
MoM

Price History for 472 N Spring St

DatePriceEventSource
09/24/2019$91,000Sold
MRED as distributed by MLS GRID #10481304
09/24/2019$127,500PendingToActiveAgent Provided
08/23/2019$127,500PendingAgent Provided
08/10/2019$127,500PriceChange
Agent Provided
08/04/2019$149,900PriceChange
Agent Provided
07/08/2019$174,500PriceChange
Agent Provided
06/19/2019$194,500PriceChange
Agent Provided
06/15/2019$215,000Listed For SaleAgent Provided

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Property Tax and Assessment

Year2024
Tax$7,156
Assessment$268,236
Home facts updated by county records

Comparable Sales for 472 N Spring St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.21
Multi-Family Home
$235,000
04/21/26
6
2
-
0.16
Multi-Family Home
$393,933
09/26/25
6
3
-
0.29
Multi-Family Home
$285,000
12/04/25
4
3
-
0.35
Multi-Family Home
$295,000
12/22/25
3
2
-
0.27
Multi-Family Home
$575,000
11/24/25
11
4
-
0.65
Multi-Family Home
$322,000
08/06/25
4
2
-
0.53
Multi-Family Home
$410,000
01/08/26
7
3
-
0.59
Multi-Family Home
$310,000
06/10/26
4
2
-

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Maya S.
    "Many families with children. Parents help Watch all kids. Right on bus line. Close to I-90. Grocery stores are nearby and lots of parks for kids to play at. "
  • Tarantula.paul
    "There are no fences allowed for big dogs and, no open off leash spaces, but there are a couple on leash parks around."
  • Gavina777
    "Very family oriented, safe, and great neighbors. Easy access to route 90. Also, not a lot of traffic or cars on the street. "
  • Stormyjl
    "The street parking from other neighbors in front of our house was terrible! Too much noise and drama "
  • scruz
    "Live here. Quiet and friendly neighbors. Very clean area."
  • historicelgin
    "Everyone loves our neighborhood! We have an organized neighborhood association and many friendly neighbors who host weekly get togethers in the summer. Many neighbors are active in the community and are long time residents. Caring neighbors, historic homes, and true friendliness make this the neighborhood many people aspire to move to. The amenities include a community built play park at McKinley School, easy access to the bike path, close to downtown with wonderful ethnic restaurants, close to The Centre (Elgin's rec center), 10 minutes from Metra trains into Chicago, 5 minutes from a library that garnered the top national library award last year. "
  • Carlos R.
    "I have visit this area and stay around, so I recommend this area because is safe, Nice people, Good for families with kids, for couples and for any retiree"

LGBTQ Local Legal Protections

Kevin Williams, HomeSmart Connect
Agent Phone: (847) 495-5000
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
472 N Spring St, Elgin, IL 60120 is a 6 bedroom, 2 bathroom multi-family. 472 N Spring St is located in Northeastern Elgin, Elgin. This property is currently available for sale and was listed by MRED as distributed by MLS GRID. The MLS # for this home is MLS# 12704270.