474 Summit St, Elgin, IL 60120
Property image
Property image
FOR SALE
FOR SALE BY OWNER
0.63 ACRES

$645,000

  • 24 Beds
  • 7,500 sqft (on 0.63 acres)

474 Summit St, Elgin, IL 60120

Est. Mortgage $4,627/mo*
Get Pre-Qualified

Home Highlights

Built in 1947
0.63 acre lot
$86/sqft

Local Information

  • Map ViewExplore the area around 474 Summit St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Flexible floor plansConference roomNew roof
Discover this versatile, two-story professional office building offering approximately 7,500 square feet of space, plus a fully finished and functional basement. Ideal for an owner-occupied business, professional offices, or an investor seeking a multi-tenant property with income-producing potential.

The building features 24 private offices, a dedicated conference room, and a kitchen, providing a functional layout for a variety of business needs. Each level can be leased individually or combined, offering flexibility for multiple tenants or a single business.

Property Highlights:

Approximately 7,500 sq. ft. of professional office space

24 private offices, conference room, and kitchen

Fully finished and functional basement with ample storage

Flexible floor plans with the potential for multiple tenants

Wide staircases providing convenient access between levels

Private exterior entrance to the upper level

Separate exterior access to the basement

New roof and parking lot

Potential for owner occupancy, investment, or a combination of both

Owner financing may be available for qualified buyers

Whether you're looking to establish your business headquarters, expand your operations, or add a versatile commercial property to your investment portfolio, this building offers exceptional flexibility and opportunity.

Schedule your private showing today and explore everything this property has to offer!

Home Details for 474 Summit St

Interior Features

Levels, Entrance, & Accessibility
Stories: 3

Days on Market

Days on Market: 45 days on Trulia

Property Information

Year Built
Year Built: 1947
Property Type / Style
Property Type: Unknown

Exterior Features

Exterior Home Features
Exterior: Brick
Parking & Garage
Parking Spaces: 12

Price & Status

Price
Price Per Sqft: $86

Lot Information

Lot Area: 0.63 acres

Price and Tax history

DateEventPrice
Sep 28, 2026
Source: N/A
Listed For Sale
$645,000

Around this home

What Locals Say about Elgin

At least 941 Trulia users voted on each feature.

  • 87 % Say there are sidewalks

  • 87 % Say it's dog friendly

  • 82 % Say car is needed

  • 78 % Say parking is easy

  • 76 % Say yards are well-kept

  • 72 % Say there's holiday spirit

  • 70 % Say kids play outside

  • 63 % Say streets are well-lit

  • 59 % Say people would walk alone at night

  • 56 % Say it's quiet

  • 54 % Say it's walkable to restaurants

  • 52 % Say it's walkable to grocery stores

  • 52 % Say there's wildlife

  • 48 % Say neighbors are friendly

  • 48 % Say they plan to stay for at least 5 years

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Lydiadannenberg4816
    "Homes are custom made. Large lots. Friendly neighborhood. "
    0
    Flag
  • 86nasus
    "Looks like they did a really quick remodel with cut corners. Honestly, this house would have more charm if they would’ve left it how it was you can see bad angles, more pronounced now where they painted white to look more modern. Floors are crooked and leaning, and that would’ve been OK with original flooring."
    1
    Flag
  • Wpnhs6gnpj
    "We have a lot people walking with their door not matter what time , my neighbor is really peaceful , inkivebromoibe here for the last 30 years . If I have to choice other place in houses , I choose elgin again "
    0
    Flag
  • Juana Valencia
    "It could be better, I see a lot of ice around, scary and makes us feel uncomfortable more restaurants and lounges needed"
    0
    Flag
  • Amneey
    "Welcome to this neighborhood. Pets friendly and caring people . Safe and neat area, caring people. "
    0
    Flag
  • Charles B
    "Use the meta to get downtown. There is no public transportation here. Roads are busy sometimes so you need to be careful. "
    0
    Flag
  • NK
    "We love it here. Such a family friendly area. Amazing place to raise kids and feel safe! We are very grateful to live here."
    1
    Flag
  • Bridget Loose
    "Pace bus is great convenience for getting around town or next town over, I just think there needs to be something that notifies you if it’s being delayed or arriving early. "
    0
    Flag
  • Jokie.deguzman1251999
    "i usually walk to nearby stores,restaurants, and gas stations. otherwise i drive my car or take a uber for far locations"
    0
    Flag
  • Erik
    "There aren’t really events but it’s just a friendly safe neighborhood to be in And has schools near by and local stores "
    1
    Flag
  • Imaadus
    "Love my neighborhood, it’s clean and save where I live! Schools are good. Nice well maintained parks"
    1
    Flag
  • Jeanette
    "I’ve lives in this neighborhood for about 3yrs and have had plenty of packages delivered with no issues and neighbors are pretty friendly around here. "
    3
    Flag
  • Jess Jessica
    "There’s always something going on in downtown Elgin for every season/holiday/event. We have a Casino boat too for entertainment. "
    2
    Flag
  • Jenjengu
    "I love Elgin! It is a friendly, diverse community with great shopping, parks, and recreation. I feel the schools offer students wonderful education opportunities. "
    3
    Flag
  • Trulia User
    "Only one entrance into the subdivision. Safe and adjacent to the Elgin Country Club. Homes well kept with beautiful landscaping. Low annual HOA with a few restrictions designed to maintain price integrity. "
    1
    Flag
  • Yvonne B.
    "Pretty safe, beautiful scenery, we have lots of entertainment. Elgin has plenty parks and great restaurants "
    1
    Flag
  • Jfairone
    "Nice neighborhood for families and pets, very walkable with sidewalks. Near library and good schools"
    11
    Flag
  • Reuben A.
    "Great Town to love in all close by for shopping food clothing etc., It’s is the city in the suburbs!"
    1
    Flag
  • Jfairone
    "Well kept for homes and friendly people. Near by shopping, restaurants good hospitals. Everything you need is close by"
    0
    Flag
  • 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. "
    7
    Flag
  • Jordan S.
    "Certain parts of Elgin are great then small parts not so much but I give it a 8 out of 10 for also the lack of transportation."
    6
    Flag
  • Samcasey92600
    "Dogs are very common in Elgin, and you usually will see plenty of other dogs while you walk your own. It’s nice, good ways to start up conversations and meet your neighbors. "
    0
    Flag
  • Chure2002
    "i have no neighbors , quite street, closed to 24 hr Walgreens closed to 24 hr jewel osco, closed to everthing "
    4
    Flag
  • Jaclyn B.
    "Decent neighborhood, nice neighbors. Good location close to highways and major roads. Grocery stores within driving distance. Would recommend for starter home area."
    0
    Flag
  • Jaclyn B.
    "Decent neighborhood. Not walking distance to many things but driving distance is decent. Neighbors are nice and well kept grounds in my subdivision. Would recommend for family and friends. Close to expressways and major roadways. "
    0
    Flag
  • Zzarate479
    "The 4th of July parade is so much fun,it last hours but is fun to watch the people that walk and do tricks and then the horses are even fun"
    2
    Flag
  • Liz B.
    "People are always walking their dogs. The sidewalks are great and clean. People like this area for the historic district."
    0
    Flag
  • Stephanie S.
    "it's nice there are different parts of town. mostly all nice areas. high school are not the best. I like the elementary schools "
    0
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  • Nancytorres90
    "Kids are safe here.. my kids are always outside playing soccer with the kids in the neighborhood and i feel safe letting them be."
    0
    Flag
  • Dulce R.
    "Large fancy neighborhood surrounds the area. The townhomes are nice and spacious. The neighbors keep to themselves but are great neighbors and watch for strange vehicles. "
    0
    Flag
  • Joshua D. P.
    "Lots of people have dogs. There are several dog parks in the area. There are plenty of housing options that are pet friendly. "
    0
    Flag
  • Daniel E.
    "i see neightbors walking their dogs. having family cook outs and other events. great ambients to have your children grow in."
    0
    Flag
  • Tstewy625
    "I’ve been here my whole entire life and I think the most unique part of Elgin is for the most part we get along! "
    0
    Flag
  • Juanfyb 2.
    "They would like that it is a quiet neighborhood there’s not a lot of noise around and it’s a good place to walk around and clear your head"
    3
    Flag
  • Co_wolf
    "I have a short commute to one of the 3 Metra stations in Elgin and take the train downtown every day."
    0
    Flag
  • Austins03wrx
    "Good parts and bad parts but you will have to see the areas. Great small businesses and some great people"
    0
    Flag
  • Cousinkimkimmie
    "sexual offenders in thier area and be aware of crime light up thier homes and lock doors dont let kids walk home.alone "
    4
    Flag
  • Jessica G.
    "Nightmare on Chicago street every year for Halloween is a huge even held in downtown Elgin! There is also many events held throughout the year "
    0
    Flag
  • Tracie B. N.
    "Very nice people and quiet neighborhood. Shopping within walking distance as well as pace bus stop going into downtown Elgin"
    0
    Flag
  • Geneva R.
    "well we have things for the kids to do like play basketball and football the girls play volleyball and rope. and my sit around and just talk and play board games that's what we do in are community for are kids and young kid's."
    0
    Flag

Market trends in Elgin

Last updated October 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$329K
$1.25KMoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$204
$1MoM
Available listings
254
9MoM
Sourced by Trulia Market Trends

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
80 Chestnut Ct, Elgin, IL
0.49
Single-Family Home
$625,000
06/30/26
4
3.5
2,915
277 Gifford Pl, Elgin, IL
0.00
Single-Family Home
$303,000
04/17/26
4
2
1,264
26 Glen Echo Rd, Elgin, IL
0.52
Single-Family Home
$325,000
12/15/25
3
2
2,628
98 Poplar Creek Dr, Elgin, IL
0.43
Single-Family Home
$367,000
07/31/26
3
2
1,712
1002 Bruce Dr, Elgin, IL
0.51
Single-Family Home
$410,000
02/26/26
3
2
1,671
1025 Bode Rd, Elgin, IL
0.51
Single-Family Home
$360,000
10/02/26
3
1.5
1,272
26 Glen Echo St, Elgin, IL
0.54
Single-Family Home
$325,000
12/18/25
3
2
1,500
1254 Red Oak Ct, Elgin, IL
0.42
Single-Family Home
$425,000
04/07/26
3
2.5
1,894
1314 Aspen Ct, Elgin, IL
0.43
Single-Family Home
$414,900
08/06/26
3
2.5
1,895
1221 Longford Cir, Elgin, IL
0.45
Single-Family Home
$405,000
03/30/26
3
2.5
1,860

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
601 Keep Ave, Elgin, IL 60120
0.00
-
4
2
1,530
Off Market
277 Gifford Pl, Elgin, IL 60120
0.00
$303,000
4
2
1,264
Recently Sold
357 John Dr, Elgin, IL 60120
0.00
$301,300
2
2
-
Off Market
368 Littleton Trail Unit 632 #0, Elgin, IL 60120
0.00
$314,400
2
2.5
1,550
Off Market
368 Littleton Trail Rent To Own, Unit 632 Elgin, IL 60120
0.00
$301,900
2
2
1,550
Off Market
107 Highbury Dr #1, Elgin, IL 60120
0.02
$317,500
3
2
1,568
Off Market
20 Peachtree Ct, Elgin, IL 60120
0.06
$700,000
4
2
1,160
Off Market
Evergreen Ln, Elgin, IL 60123
0.06
-
-
-
-
Off Market
1220 Peachtree Ln #H, Elgin, IL 60120
0.09
-
Studio
-
-
Off Market
1137 Yew Ct #25F, Elgin, IL 60120
0.10
-
3
1.5
1,493
Off Market
1137 Yew Ct #19D, Elgin, IL 60120
0.10
-
3
1.5
1,493
Off Market
1137 Yew Ct #28C, Elgin, IL 60120
0.10
-
3
1.5
1,493
Off Market
1137 Yew Ct #14H, Elgin, IL 60120
0.10
-
3
1.5
1,493
Off Market
1137 Yew Ct #11C, Elgin, IL 60120
0.10
-
3
1.5
1,493
Off Market
1520 Yew Ct, Elgin, IL 60120
0.11
-
Studio
-
-
Off Market
1099 E Chicago St, Elgin, IL 60120
0.11
-
-
-
-
Off Market
1090 E Chicago St, Elgin, IL 60120
0.13
-
-
-
-
Off Market
380 Campus Dr, Elgin, IL 60120
0.15
$247,100
2
2
1,054
Off Market
382 Campus Dr, Elgin, IL 60120
0.16
$257,700
2
2
1,236
Off Market
460 Campus Dr, Elgin, IL 60120
0.16
$267,800
2
2
956
Off Market

LGBTQ Local Legal Protections

This property is for sale by owner and Zillow, Inc. is displaying it at the owner’s request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

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Frequently asked questions about 474 Summit St

  • What is the estimated monthly payment for 474 Summit St?
    Based on a $645,000 list price with 20% down at today's rates, the estimated monthly payment for 474 Summit St in Elgin, IL is approximately $4,726 (about $3,581 principal & interest, $1,070 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 474 Summit St compare to homes in Elgin?
    474 Summit St in Elgin, IL is listed at $645,000, about 96% above the $329K median sale price in Elgin.
  • What do residents say about Elgin?
    Residents describe Elgin, IL as pedestrian-friendly, dog-friendly, and easy to park in. See homes for sale in Elgin, IL.
  • What are the closest schools to 474 Summit St?
    The closest schools to 474 Summit St in Elgin, IL are Elgin High School (rated 2/10), Larsen Middle School (rated 3/10), Timber Trails Elementary School (Pre-K, rated 6/10).
  • Does 474 Summit St have parking?
    Yes, 474 Summit St in Elgin, IL has on-site parking.
474 Summit St, Elgin, IL 60120 is a 24 bedroom, 7,500 sqft unknown built in 1947. This property is currently available for sale and was listed on Sep 28, 2026.