422 Locust Street
Elgin, IL 60123
Map
- 3 beds
- 3 baths
- – sqft
- 9,000 sqft lot
- – on site
Welcome to 422 Locust Street, a beautifully updated two-unit property located in the heart of Elgin! This turnkey building offers a unique opportunity for both investors and owner-occupants, with thoughtful upgrades throughout and strong rental potential. Unit 1 features a spacious and unique two-story layout with a private entrance, offering the feel of a single-family home. It includes three oversized bedrooms and two updated bathrooms, along with a modern kitchen featuring brand new waterproof luxury vinyl plank flooring and updated light fixtures. Unit 2 is a fully remodeled studio with its own private entrance. Renovated in 2022, it showcases quartz countertops, smart appliances, waterproof luxury vinyl plank flooring, and a modern bathroom, making it a high-end rental option. The property includes major recent improvements such as a 2024 water heater, featuring a high-efficiency Carrier 2022 HVAC system with a high efficiency two-stage gas furnace, smart Nest thermostat, and Aprilaire humidifier! New windows throughout, and a freshly built and painted wrap-around porch. The large driveway has just been blacktopped for a clean, updated look. Exterior features include a three-car garage and an additional ten parking spaces in the rear parking lot, providing ample off-street parking- imagine the family gatherings here! The basement offers laundry facilities, an extra storage room, and a separate exterior entrance, presenting a potential Value Add opportunity to finish the space for additional income or living area. Both units will be delivered vacant at closing, allowing maximum flexibility for occupancy or rental setup. The roof is in great condition and the entire property has been meticulously maintained. Located near the Grand Victoria Casino, downtown Elgin, Metra, I-90, shops, and restaurants, this property offers convenience and long-term value. This is a rare opportunity to own a move-in-ready 2-unit home in a prime Elgin location. Property is in excellent condition, but will be sold as-is. Don't miss your chance to own this property!
Last checked:
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Last updated Jun 20, 2025
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MLS# 12398445 —
The Building
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Rebuilt:No
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New Construction:false
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Construction Materials:Vinyl Siding
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Roof:Asphalt
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Basement:Unfinished, Full
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Foundation Details:Stone
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Patio And Porch Features:Porch
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Other Equipment:CO Detectors, Ceiling Fan(s)
Interior
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Rooms Total:8
Location
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Directions:Take IL31 South from Algonquin into downtown Elgin. Turn left on Locust Street-422 Locust St will be on your right.
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Location:87688
The Property
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Parcel Number:0614409026
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Property Type:Residential Income
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Location:A
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Lot Size Dimensions:60X150
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (630) 940-6658
- Office phone:
- (312) 498-8473
Taxes
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Tax Year:2024
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Tax Annual Amount:5908.26
Beds
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Bedrooms Total:3
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Bedrooms Possible:3
Baths
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Baths:3
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Full Baths:3
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School District:46
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Middle Or Junior School District:46
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High School District:46
Parking
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Parking Total:3
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Parking Features:No Garage, On Site, Garage Owned, Detached, Garage
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Garage Spaces:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/19/25
Jun 19, 2025
|
Listed / Active | MRED | $469,000 | 144.9% (23.3% / YR) |
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11/29/21
Nov 29, 2021
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Sold Subject To Contingencies | MRED | ||
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11/1/21
Nov 1, 2021
|
Listed / Active | MRED |
