Sold
Last Sold Price
5 beds

39 Leonard St, Elgin, IL 60123

Multi FamilyProperty Type
0.18 acresLot Size
1900Year Built
9 carsParking Spaces

Description

Endless Possibilities - 2-Flat with 3-Car Garage Near Downtown Elgin! An incredible investment opportunity awaits just minutes from vibrant downtown Elgin! This spacious 2-flat offers the perfect setup for owner-occupants or savvy investors. Live in one unit while the other helps pay your mortgage-or rent out both and maximize your returns. Two generous units with flexible layouts - ideal for tenants or multigenerational living. Rare 3-car garage - adds convenience and rental appeal. Strong income...Endless Possibilities - 2-Flat with 3-Car Garage Near Downtown Elgin! An incredible investment opportunity awaits just minutes from vibrant downtown Elgin! This spacious 2-flat offers the perfect setup for owner-occupants or savvy investors. Live in one unit while the other helps pay your mortgage-or rent out both and maximize your returns. Two generous units with flexible layouts - ideal for tenants or multigenerational living. Rare 3-car garage - adds convenience and rental appeal. Strong income potential - Plenty of space and classic charm. Close to schools, parks, shopping, dining, and public transportation. Whether you're looking to grow your portfolio or create your dream owner-occupied income property, this is your chance to build equity and cash flow in a sought-after area. Act fast-Schedule your showing today!

    Sold By O'Neil Property Group, LLC

    • Listed by: Christopher Davis 847.489.3476 chris@inspirerealtygroup.com • Inspire Realty Group LLC
    Listing closed: 08/15/2025 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12415447
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    Recent comparable sales

    Median sold price

    $310,000

    Avg days on market

    13

    Sale-to-list ratio

    98.9%

    Elgin, IL

    9 comparable properties found

    $310,000 | 462 Ashland Avenue, Elgin, IL 60123
    1/9
    1

    $310,000

    Sold 05/29/26

    5
    Bedrooms
    Unavailable
    Square Feet
    0.18
    Acres
    a front view of a house with a garden
    1/15
    2

    $275,000

    Sold 07/31/25

    5
    Bedrooms
    Unavailable
    Square Feet
    0.12
    Acres
    a front view of a house with a yard table and chairs
    1/30
    3

    $390,000

    Sold 12/31/25

    4
    Bedrooms
    2,270
    Square Feet
    0.42
    Acres
    $335,000 | 571 Walnut Avenue, Elgin, IL 60123
    4

    $335,000

    Sold 07/20/26

    4
    Bedrooms
    Unavailable
    Square Feet
    0.15
    Acres
    a front view of a house with a yard
    1/35
    5

    $299,500

    Sold 12/11/24

    5
    Bedrooms
    1,120
    Square Feet
    0.15
    Acres
    $345,000 | 464 McClure Avenue, Elgin, IL 60123
    6

    $345,000

    Sold 09/21/26

    4
    Bedrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    $310,000 | 131 North Gifford Street, Elgin, IL 60120
    1/20
    7

    $310,000

    Sold 06/10/26

    4
    Bedrooms
    Unavailable
    Square Feet
    0.14
    Acres
    a front view of a house with wooden fence
    1/31
    8

    $312,000

    Sold 11/05/24

    6
    Bedrooms
    Unavailable
    Square Feet
    0.19
    Acres
    $290,000 | 27 South Melrose Avenue, Elgin, IL 60123
    1/2
    9

    $290,000

    Sold 07/07/25

    5
    Bedrooms
    1,469
    Square Feet
    0.15
    Acres

    Location

    Add your commute
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    OriginPoint Mortgage or Rocket Mortgage1

    $2,314 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $1,842

    Property Taxes

    $473

    HOA Dues

    $0

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    Rocket Mortgage1

    Property Information for 39 Leonard Street

    Property Details

    • Taxes: $5,672 / year
    • MLS Type: Two to Four Units / 2 Flat
    • County: Kane County
    • Area: Elgin
    • Township: Elgin
    • Ownership: Fee Simple
    • Num Of Garage Spaces: 2.0
    • Heat/Fuel: Natural Gas, Sep Heating Systems - 2+

    Building Information

    • Residences: 2
    • Year Built: 1900
    • Lot Size: 0.18 AC / 7,840 SF

    General Information

    School Information
    • Elementary School District: 46
    • High School District: 46
    • Middle Or Junior School District: 46
    Addtl Parking Information
    • Parking Details: Garage Door Opener, On Site, Garage Owned, Detached, Driveway, Owned, Garage

    Property Information

    Interior Features
    • Num Of Rooms: 10
    • Bedrooms Total: 5
    • Bedrooms (Below Grade): 0
    • Basement Type: Partially Finished, Exterior Entry, Full
    • Bedrooms Possible: 5
    • # Full Baths in Building: 2
    • # Half Baths in Building: 0
    • Num of Baths: 2.0
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Public
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: Yes
    • Rehab Year: 2016
    • Built Before 1978: Yes
    • Age: 100+ Years
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 60X96X13X56X47X152
    • Total # Units in Building: 2.0
    • Waterfront: No
    • Exterior Building Type: Vinyl Siding
    • Construction: Vinyl Siding
    • General Information: School Bus Service,Commuter Bus,Commuter Train
    • 3 Br Un In Bldg: Yes
    Property and Assessments
    • Buyer Financing: Conventional, FHA, VA
    • Public Document Count: 3
    • Document Date: 2025-07-09T21:24:29
    • Photos Count: 35
    • OpenHouse Count: 0
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No

    Multi Family

    Income & Expenses
    • Net Operating Income: $.00
    • Other Expenses $: 0
    Unit 1
    • Unit Type Actual Rent: $.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 1
    • Lease Expiration Date: 0
    Unit 2
    • Unit Type Actual Rent: $1,300.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Lease Expiration Date: MM

    Property History for 39 Leonard Street

    DateEvent & SourcePriceAppreciation
    Aug 15, 2025

    Sold

    MRED #12415447

    $345,000—
    Aug 12, 2025

    Sold (Public Record)

    Public Record #1914556436

    $345,000

    +7.5% / yr

    Jul 18, 2025

    Pending

    MRED #12415447

    —
    DateEvent & SourcePrice
    08/15/2025

    Sold

    MRED #12415447

    $345,000
    08/12/2025

    Sold (Public Record)

    Public Record #1914556436

    $345,000

    +7.5% / yr

    07/18/2025

    Pending

    MRED #12415447

    —

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

    Public records

    39 Leonard Street

    Beds

    3

    Baths

    2

    Total Finished SqFt

    2,429 SqFt

    Above Grade Finished SqFt

    2,429 SqFt

    Stories

    2

    Lot Size

    8,265 SqFt

    Schools near 39 Leonard Street

    This home is within School District U-46.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 6
    Public - 7 to 8
    Public - 9 to 12
    Public - 6 to 12
    Rating
    School
    Distance
    Washington Elementary School
    PublicPK to 6

    Abbott 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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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 39 Leonard Street, Elgin, IL 60123
    $345,000
    5
    –
    7,840
    $72,000
    4
    –
    15,681
    $180,000
    3
    1,600
    9,380
    $75,002
    4
    –
    5,227
    $90,000
    –
    –
    2,451
    –
    $65,000
    5
    –
    4,791

    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 Inspire Realty Group LLC

    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 08/22/2025 03:34 AM. 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.