FANTASTIC, FOUR-UNIT INVESTMENT OPPORTUNITY!! Great money making potential with this building! Fully rented, rare 4-unit building with great rents! The building is a such a fantastic location! Walking distance to downtown Elgin and all it has to offer such as shops, restaurants, public transportation, and so much more! You won't want to miss out on this opportunity! Hurry and schedule your showing today!
Closed
$400,000
311 E Chicago St, Elgin, IL 60120
6beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$463,800 Zestimate®
$--/sqft
$1,770 Estimated rent
Home value
$463,800
$441,000 - $492,000
$1,770/mo
Zestimate® history
Owner options
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$1,770/mo
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$1,770/mo
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$2,857/mo
Est. payment
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$2,857/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing courtesy of:
Matthew Lysien 847-309-6939,
Suburban Life Realty, Ltd
Bought with:
Enrique Rios
Chicagoland Brokers Inc.
Source: MRED as distributed by MLS GRID,MLS#: 11902081
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Finished,Full,Walk-Out Access
Property
Features
- Patio & porch: Deck
Lot
- Size: 3,484 sqft
- Dimensions: 50X80X50X81
Details
- Parcel number: 0613304004
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cedar
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Elgin
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2023 | Sold | $400,000+5.3% |
Source:  MRED as distributed by MLS GRID #11902081 Report a problem | ||
| 10/19/2023 | Contingent | $380,000 |
Source: MRED as distributed by MLS GRID #11902081 Report a problem | ||
| 10/11/2023 | Listed for sale | $380,000+5.8% |
Source: MRED as distributed by MLS GRID #11902081 Report a problem | ||
| 11/17/2020 | Listing removed | $359,000 |
Source: CENTURY 21 New Heritage West #10819852 Report a problem | ||
| 8/16/2020 | Listed for sale | $359,000+67% |
Source: CENTURY 21 New Heritage West #10819852 Report a problem | ||
| 8/29/2019 | Listing removed | $925 |
Source: Zillow Rental Manager Report a problem | ||
| 8/26/2019 | Listed for rent | $925 |
Source: Zillow Rental Manager Report a problem | ||
| 12/7/2018 | Sold | $215,000-4.4% |
Source: MRED as distributed by MLS GRID #10121752 Report a problem | ||
| 11/3/2018 | Pending sale | $225,000 |
Source: Triton Realty Group LLC #10121752 Report a problem | ||
| 10/25/2018 | Listed for sale | $225,000+26.1% |
Source: Triton Realty Group LLC #10121752 Report a problem | ||
| 7/24/2006 | Sold | $178,500-35.1% |
Source: Public Record Report a problem | ||
| 3/15/2005 | Sold | $275,000-68.2% |
Source: Public Record Report a problem | ||
| 12/4/2003 | Sold | $866,000+284.9% |
Source: Public Record Report a problem | ||
| 7/18/2002 | Sold | $225,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,869 +3.9% | $98,326 +10.7% |
| 2023 | $7,572 +16.9% | $88,830 +19% |
| 2022 | $6,475 +4% | $74,676 +7% |
| 2021 | $6,229 +2.5% | $69,817 +4.8% |
| 2020 | $6,079 +2.5% | $66,651 +5% |
| 2019 | $5,930 +28.1% | $63,490 +20.2% |
| 2018 | $4,631 +2.4% | $52,839 +5.8% |
| 2017 | $4,521 -8.5% | $49,952 +7.8% |
| 2016 | $4,942 | $46,342 +9.1% |
| 2015 | -- | $42,476 +1.2% |
| 2014 | -- | $41,952 -2.6% |
| 2013 | -- | $43,058 -16.8% |
| 2012 | -- | $51,749 -30.1% |
| 2011 | -- | $73,983 -9.7% |
| 2010 | -- | $81,885 -6.7% |
| 2009 | -- | $87,784 |
| 2008 | -- | $87,784 +3.3% |
| 2007 | -- | $84,963 +6.6% |
| 2006 | -- | $79,696 +6.5% |
| 2005 | -- | $74,839 +12.8% |
| 2004 | -- | $66,354 +7.8% |
| 2003 | -- | $61,559 +15.4% |
| 2002 | -- | $53,331 +7.5% |
| 2001 | -- | $49,633 +5.1% |
| 2000 | -- | $47,234 |
Find assessor info on the county website
Neighborhood: Gifford Park
Nearby schools
GreatSchools rating
- 3/10Channing Memorial Elementary SchoolGrades: K-6Distance: 0.3 mi
- 4/10Ellis Middle SchoolGrades: 7-8Distance: 0.6 mi
- 2/10Elgin High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Channing Memorial Elementary Sch
- Middle: Ellis Middle School
- High: Elgin High School
- District: 46
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$463,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$463,800
- Illinois
- Kane County
- Elgin
- 60120
- Gifford Park
- 311 E Chicago St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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