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226 Mountain Street

Elgin, IL 60123

4 beds
2 baths
– sqft
5,663 sqft lot
1900 build
– on site

Incredible investment opportunity in the heart of Elgin! This solid 2-flat offers spacious units, each with 2 bedrooms and 1 bath, and separate gas and electric utilities, ideal for both owner-occupants and savvy investors looking to generate steady rental income. Major improvements were completed in 2014, including high-efficiency furnaces, a hot water heater, a tear-off roof, and several thermal windows, offering long-term peace of mind and energy efficiency. Each unit features a well-designed layout and includes a stove and refrigerator, making it easy to get up and running quickly. The full basement offers abundant storage space and potential for future value-add opportunities. Sitting on a generous 66x91 lot, the property includes a partially fenced yard and convenient front, side, and rear parking-easily accommodating up to 4 vehicles. Located just minutes from downtown Elgin, the Metra station, shopping, and dining, this property is well-positioned for strong tenant demand. Zoned for multi-family use with low property taxes, this is a fantastic opportunity to expand your rental portfolio or launch your next rehab project. Property is being sold AS-IS.

Listing courtesy of MRED / Zamudio Realty Group as distributed by MLS GRID

Last checked: Checking… • Last updated Jul 6, 2025 •

MLS# 12409321 —

The Building

Year Built:

1900
Rebuilt:

No
New Construction:

false
Construction Materials:

Cedar
Roof:

Asphalt
Basement:

Unfinished, Full
Foundation Details:

Other
Patio And Porch Features:

Porch

Interior

Rooms Total:

8

Location

Directions:

Route 31 to W on Mountain. House is on the right.
Location:

638

The Property

Parcel Number:

0614259013
Property Type:

Residential Income
Location:

A
Lot Size Dimensions:

66X91
Lot Size Acres:

0.13
Zoning:

MULTI
Waterfront:

false
Additional Parcels:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

4317

Beds

Bedrooms Total:

4
Bedrooms Possible:

4

Baths

Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Natural Gas

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School District:

46
Middle Or Junior School District:

46
High School District:

46

Parking

Parking Total:

4
Parking Features:

Unassigned, On Site, Owned

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
7/6/25 Jul 6, 2025	Listed / Active	MRED	$259,900	381.3% (35.4% / YR)
9/23/14 Sep 23, 2014		MRED	$54,000

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This multifamily located in Northwest Elgin, Elgin, IL 60123 is currently for sale for $259,900. 226 Mountain Street is a – square foot multifamily with 4 beds and 2 baths that has been on Estately for 0 days. 226 Mountain Street is in the Northwest Elgin neighborhood of Elgin and has a WalkScore® of 80, making it very walkable. This multifamily is in the attendance area of Highland Elementary School, Kimball Middle School, and Larkin High School.

Listing courtesy of MRED, Zamudio Realty Group, and Esther Zamudio as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Jul 6, 2025, 07:15 pm. 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.