# 472 N Spring Street, Elgin, IL 60120

> **TL;DR:** 6bd/2ba residential multi family, $420,000. Est. $2,247/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $420,000 |
| Bedrooms | 6 |
| Bathrooms | 2 full |
| Lot Size | 8,712 sqft (0.20 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,124 |
| Estimated Insurance | $123 |
| **Total** | **$2,247** |

## Property Highlights

- 0.20 acre lot
- 4 parking spaces

## Description

### Agent 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.

## Location

- **Address:** 472 N Spring Street, Elgin, IL 60120
- **County:** Kane
- **Coordinates:** 42.046248, -88.282844
- **Google Maps:** https://www.google.com/maps?q=42.046248,-88.282844

## Listing Agent

- **Name:** Kevin Williams
- **Brokerage:** HomeSmart Connect
- **Phone:** (847) 495-5000

## Primary Photo

![472 N Spring Street - Primary Photo](http://lh.rdcpix.com/1975797f231cc9adf2b880c0d68dca94l-f988530180r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.ai/listing/472-n-spring-street-elgin-il-60120-12704270)*

---

**MLS#:** 12704270 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/472-n-spring-street-elgin-il-60120-12704270)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "472 N Spring Street, Elgin, IL 60120",
  "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 po",
  "url": "https://www.propertysimple.ai/listing/472-n-spring-street-elgin-il-60120-12704270",
  "image": "http://lh.rdcpix.com/1975797f231cc9adf2b880c0d68dca94l-f988530180r.jpg",
  "datePosted": "2026-07-31",
  "price": 420000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "472 N Spring Street",
    "addressLocality": "Elgin",
    "addressRegion": "IL",
    "postalCode": "60120",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 42.046248,
    "longitude": -88.282844
  },
  "numberOfBedrooms": 6,
  "numberOfBathroomsTotal": 2,
  "numberOfFullBathrooms": 2,
  "yearBuilt": null
}
```