472 N Spring St
Elgin, IL 60120
Northeastern Elgin- 6 Beds
- 2 Baths
6 Beds
2 Baths
Local Information
-- mins to
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
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MLS Status: New |
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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 |
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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 |
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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 |
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Price List Price: $420,000 |
Status Change & Dates Possession 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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Listing Agent Listing ID: 12704270 |
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Lot Area: 8712 sqft |
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Special Conditions: None |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12704270 |
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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

Also Listed on MRED as distributed by MLS GRID, MRED as distributed by MLS GRID.
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
Price History for 472 N Spring St
| Date | Price | Event | Source |
|---|---|---|---|
| 09/24/2019 | $91,000 | Sold | MRED as distributed by MLS GRID #10481304 |
| 09/24/2019 | $127,500 | PendingToActive | Agent Provided |
| 08/23/2019 | $127,500 | Pending | Agent Provided |
| 08/10/2019 | $127,500 | PriceChange | Agent Provided |
| 08/04/2019 | $149,900 | PriceChange | Agent Provided |
| 07/08/2019 | $174,500 | PriceChange | Agent Provided |
| 06/19/2019 | $194,500 | PriceChange | Agent Provided |
| 06/15/2019 | $215,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| 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.Assigned Schools
These are the assigned schools for 472 N Spring 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
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.

