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Springs at South Elgin apartments in Elgin, IL

Updated

Springs at South Elgin

350 Gyorr Ave, South Elgin, IL 60177

4.5 (136 reviews) Official Website

Live pricing, refreshed

29
Units Listed
$1,704
Starting at
$2,291
Average
$2,804
Highest
$2.17
Per Sq Ft

How does this compare? View Elgin, IL rent trends

Rent Distribution

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$779K

$9.3M annual run rate

Modeled estimate

Est. Occupancy

92%

of about 366 units (modeled from leasing activity)

Effective Rent on New Leases

$2,317

vs $2,282 current asking

Recent Lease Activity

61 units tracked; 31 assumed leased, 30 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

29

Very high availability

29 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Elgin, IL

Citywide

Showing citywide comparison (not enough Elgin, IL properties tagged with "Downtown" for a local match). Click any bar to view that building.

Available Units

29 units
Studio 601
$1,704/mo
623 ft² · $2.74/ft\u00B2 · #12
Studio 414
$1,765/mo
857 ft² · $2.06/ft\u00B2 · #7
Studio 1019
$1,770/mo
816 ft² · $2.17/ft\u00B2 · #22
Studio 419
$1,782/mo
816 ft² · $2.18/ft\u00B2 · #6
Studio 614
$1,787/mo
857 ft² · $2.09/ft\u00B2 · #14
Studio 1503
$1,795/mo
857 ft² · $2.09/ft\u00B2 · #36
Studio 508
$1,820/mo
816 ft² · $2.23/ft\u00B2 · #8
Studio 103
$1,849/mo
857 ft² · $2.16/ft\u00B2 · #1
Studio 1413
$1,850/mo
760 ft² · $2.43/ft\u00B2 · #32
Studio 1307
$1,860/mo
909 ft² · $2.05/ft\u00B2 · #31

Train activity

Severe nighttime trains

Freight line 1,320 ft away · 10 trains/day

  • 5 daytime, 5 overnight
  • Crossing 1,320 ft away. Horns expected day and night.
  • Operator: CC

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Elgin, IL notes

No resident notes for this property yet.

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