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Two to Four Units · Elgin, IL
$399,900
4 beds · 3 baths
642 E Chicago Street, Elgin, IL, 60120
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

3-car garage
Attention investors and savvy buyers-look no further for your next cash-flowing machine in Elgin! Perfectly situated near local schools, parks, and shopping, this outstanding multi-unit property is the ideal turnkey investment or ultimate house-hacking opportunity. The main level offers a bright 2-bedroom, 1-bathroom unit, mirrored by a second 2-bedroom, 1-bathroom unit upstairs, while a full basement provides exceptional potential to generate extra rental income. Adding even more value is a massive garage and workshop, perfect for contractor storage or an additional stream of revenue. Properties with this much upside at this price point are a rare find, so schedule your showing today before this incredible deal slips away!
— the listing agent’s description

The home

4 beds
3 baths
Built in 1900
Lot 16335
3-car garage
Two to Four Units

What it’ll cost

$6,845 taxes / yr
No HOA
3 days on dwello

Estimated monthly payment

$2,813/mo
Principal & interest$2,126
Property taxes$570
Homeowners insurance$117
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
Schedule a tour
3 days on dwello
Price history
Listed for sale
Aug 13, 2026
$399,900
Property taxes
2025
Annual tax bill (MLS)
$6,845/yr
From county records — verify with the assessor.

Features

Natural GasAluminum SidingVinyl SidingPublic SewerYesGarage Owned
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Ivan Santos · O'Neil Property Group, LLC
Listing last updated Aug 15, 2026 · data refreshed from the MLS Aug 15, 2026, 9:06 AM CT
Based on information submitted to the MLS GRID as of Aug 15, 2026, 9:06 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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