Amazing value-add investor opportunity in South Elgin's Fox River Beach subdivision! This 2-unit property sits on an oversized lot backing directly to the water. The property is occupied, offering a flexible buyer the option to keep the current tenants or request a vacant delivery at closing. Unit 1 features a spacious 2-bedroom, 1-bathroom layout with an attached 2-car garage, smart thermostat, LVP flooring, and an updated kitchen with 42" cabinets, tile backsplash, quartz countertops, and modern appliances. Unit 2 also includes 42" cabinets, quartz countertops, appliances, and beautiful waterfront views. An additional separate space provides incredible potential to be converted into a 3rd unit to maximize cash flow! The home needs some work-including the driveway, front walk, and some interior floor/ceiling TLC-but it is a prime chance to build immediate equity. The sale also includes a small vacant lot to the left of the property. Sold as-is.
Property Features
Parking
Garage Door Opener
Attached
Garage
Waterfront and Water Access
Pond
Waterfront
Heating Information
Natural Gas
Forced Air
Water Features
Well
Garage
1
Basement
None
Listing Courtesy: Stoll Real Estate - 847-214-1619
Based on information submitted to the MLS GRID as of 2026-06-20 23:50:43. 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.
Last Updated: 2026-06-20 23:50:43
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Market statistics compiled from data from Midwest Real Estate Data.
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2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008