Sold
Last Sold Price
13 beds
255 N Spring St, Elgin, IL 60120
Multi FamilyProperty Type
0.25 acresLot Size
1914Year Built
11 carsParking Spaces

    Sold By Advantage Realty Group

    • Listed by: Nicole Verlotta 773.860.8880 nicole.verlotta@bairdwarner.com • Baird & Warner
    • Listed by: Jamie Machel 630.333.2682 jamie.machel@bairdwarner.com • Baird & Warner
    Listing closed: 03/15/2023 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11695819

    Recent comparable sales

    Median sold price

    $756,000

    Avg days on market

    22

    Sale-to-list ratio

    97.4%

    Elgin, IL

    9 comparable properties found

    a front view of a house with a yard
    1/16
    1

    $615,000

    Sold 08/08/25

    12
    Bedrooms
    Unavailable
    Square Feet
    0.11
    Acres
    $1,100,900 | 1274 Getzelman Drive, Elgin, IL 60123
    1/10
    2

    $1,100,900

    Sold 06/06/25

    9
    Bedrooms
    Unavailable
    Square Feet
    0.50
    Acres
    a front view of a house with a yard
    1/14
    3

    $650,000

    Sold 08/25/25

    8
    Bedrooms
    Unavailable
    Square Feet
    0.16
    Acres
    a brick building with a yard
    4

    $705,000

    Sold 12/17/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    a front view of a house with garden
    1/6
    5

    $628,000

    Sold 08/18/25

    25
    Bedrooms
    Unavailable
    Square Feet
    0.24
    Acres
    6

    $790,500

    Sold 11/04/25

    Unavailable
    Bedrooms
    6
    Bathrooms
    4,732
    Square Feet
    0.25
    Acres
    a view of a building next to a yard
    1/2
    7

    $1,615,000

    Sold 05/11/26

    15
    Bedrooms
    Unavailable
    Square Feet
    0.25
    Acres
    8

    $910,000

    Sold 10/01/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    9

    $756,000

    Sold 08/04/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    3,650
    Square Feet
    Unavailable
    Acres

    Location

    Add your commute

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    $5,171 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $4,108

    Property Taxes

    $1,063

    HOA Dues

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    Property Information for 255 North Spring Street

    Property Details
    • Taxes: $12,757 / year
    • MLS Type: Multi Family 5+ / Corridor-Exterior Entrance
    • County: Kane County
    • Area: Elgin
    • Township: Elgin
    Building Information
    • Stories: 2
    • Residences: 7
    • Year Built: 1914
    • Lot Size: 0.25 AC / 10,824 SF
    General Information
    Location and General Information
    • Information: 24-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Heat/Ventilation: Hot Water,Radiators
    • Num of Baths: 8.3
    Property/Lot Information
    • Tenant Pays: Electricity, Other
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Multi-Family Type: Corridor-Exterior Entrance
    • Lot Dimensions: 132 X 82
    • Stories: 2
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 6
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 7
    Income & Expenses
    • Electric Expense: $908.00
    • Fuel Expense: $.00
    • Gross Income: $92,880.00
    • Gross Scheduled Income: $92,880.00
    • Insurance Expense: $3,210.00
    • Maintenance Expense: $.00
    • Expense Year: 2022
    • Janitor Expense: 0
    • Total Monthly Income: 7740
    • Net Operating Income: $77,956.00
    • Operating Expense: $17,808.00
    • Other Expense: $5,262.00
    • Trash Expense: $2,163.00
    • Water Sewer Expense: $3,403.00
    Unit 1
    • Unit Type Baths Total: 2
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 1
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 4
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 1
    Unit 3
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 2
    Unit 4
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 3
    Unit 5
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 0
    Unit 6
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 0
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0

    Property History for 255 North Spring Street

    DateEvent & SourcePriceAppreciation
    Mar 15, 2023

    Sold

    MRED #11695819

    $795,000
    Jan 31, 2023

    Pending

    MRED #11695819

    Jan 31, 2023

    Contingent

    MRED #11695819

    DateEvent & SourcePrice
    03/15/2023

    Sold

    MRED #11695819

    $795,000
    01/31/2023

    Pending

    MRED #11695819

    01/31/2023

    Contingent

    MRED #11695819

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 255 North Spring Street

    Taxable ValueLand$23,138Additions$162,525Total$185,663
    Tax Record2024$14,858 ($1,238 / month)
    Home Facts
    Total Finished SqFt6,156 SqFtAbove Grade Finished SqFt6,156 SqFtLot Size10,890 SqFtStyleMulti-Family Res (5+ Units)CountyKANEAPN06-13-105-011

    Schools near 255 North Spring Street

    This home is within School District U-46.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 6
    Public - 7 to 8
    Public - 9 to 12
    Public - 6 to 12
    Rating
    School
    Distance
    Ronald D O'Neal Elementary School
    PublicK to 6

    Kimball Middle School
    Public7 to 8

    Larkin High School
    Public9 to 12

    Central School Program
    Public6 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

    Neighborhood Map and Transit

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Baird & Warner

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 08/03/2023 12:37 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.