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  • $424,900

    386 E Chicago St, Elgin, IL 60120

    5beds
    --sqft
    : 
    $3,430/mo
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    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Now is your opportunity to own one of Elgin's finest historic homes! Located just blocks from downtown Elgin, this grand residence offers timeless character, generous living space and exceptional flexibility for modern living. This is not your typical duplex-it is a distinguished historic home with a separate upper-level apartment, making it an excellent opportunity for a primary residence with space for multigenerational living, guests or rental income. Set on a deep, level lot with mature trees, this beautiful home welcomes you with a huge covered front porch, perfect for relaxing on summer evenings. Step inside to a grand foyer/parlor showcasing beautiful custom millwork, a large separate living room with crown and oversized moldings, and a formal dining room with exposed wood beams and a butler's swinging door leading to the updated kitchen. The kitchen features oak cabinetry, extra recessed lighting and wood laminate flooring. A back covered, enclosed porch with separate heating and air conditioning and vaulted ceilings provides a wonderful space for summer gatherings. The main residence offers a huge primary bedroom with a private fireplace and walk-in closet, graciously sized secondary bedrooms and a rare back-to-back arrangement of two full bathrooms-one with a whirlpool tub and the other with a walk-in shower. The full finished basement adds even more living and hobby space, including a recreation room, den, workshop area and additional laundry. The separate upper-level apartment is a tremendous bonus and a key part of this property's versatility. Currently rented for $925 per month, it features a spacious living room with a cozy gas-log fireplace, vaulted ceilings and a French door leading to a private balcony. A separate dining area with built-in hutch, updated kitchen with oak cabinetry and tile flooring, spacious bedroom with secondary exit for added safety and in-unit laundry make this a comfortable and functional living space. Whether used for family members, extended-stay guests, or a tenant, this apartment offers flexibility rarely found in a traditional single-family home. The main home is loaded with charm and character, while the unique detached 2 1/2-car garage with attached heated office provides an excellent space for an in-home business, studio, or work area. All of this is situated just blocks from downtown Elgin, with its beautiful library, recreation center, Hemmens Auditorium and much more. Nothing else even close on the market like this! Tremendous space, historic character and flexibility for the value. A truly special opportunity to own a grand historic home that can adapt to the way you live-whether that means enjoying it as your primary residence, sharing it with family, welcoming guests or taking advantage of rental income from the separate apartment. This is an estate sale being sold as is!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Wisdom 847-695-8348,

    RE/MAX Horizon,

    Lisa Wisdom,

    RE/MAX Horizon

    Source: MRED as distributed by MLS GRID,MLS#: 12772434MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Natural Gas, Forced Air
      Features
      • Basement: Finished,Full
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2.5
      • Parking features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
      • Garage spaces: 2.5
      • Has uncovered spaces: Yes
      Lot
      • Size: 0.33 Acres
      • Dimensions: 55x262
      Details
      • Parcel number: 0613182018
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Cedar
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Elgin

      Financial & listing details

      • Tax assessed value: $294,300
      • Annual tax amount: $6,263
      • Date on market: 9/29/2026
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/29/2026Listing removed$449,900
        Source: MRED as distributed by MLS GRID #12751974 Report a problem
        9/4/2026Listed for sale$449,900-5.3%
        Source: MRED as distributed by MLS GRID #12751974 Report a problem
        9/4/2026Listing removed$474,900
        Source: MRED as distributed by MLS GRID #12691540 Report a problem
        8/6/2026Price change$474,900-5%
        Source: MRED as distributed by MLS GRID #12691540 Report a problem
        7/9/2026Listed for sale$499,900
        Source: MRED as distributed by MLS GRID #12691540 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        4/8/2014Listing removed$775
        Source: Owner Report a problem
        3/2/2014Listed for rent$775
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,263 +5.3%$98,100 +8.6%
        2024$5,951 +6.4%$90,357 +10.7%
        2023$5,595 +11.1%$81,631 +18.2%
        2022$5,035 +5.3%$69,071 +7%
        2021$4,780 +3.5%$64,577 +4.7%
        2020$4,619 +3.6%$61,649 +5%
        2019$4,457 +1.7%$58,725 +6.1%
        2018$4,382 +3.2%$55,323 +5.8%
        2017$4,248 -17.9%$52,300 +7.8%
        2016$5,175 $48,521 +9.1%
        2015-- $44,474 +1.2%
        2014-- $43,925 -2.6%
        2013-- $45,083 -18.6%
        2012-- $55,368 -23.3%
        2011-- $72,209 -9.6%
        2010-- $79,921 -6.7%
        2009-- $85,678
        2008-- $85,678 +3.3%
        2007-- $82,925 +3.3%
        2006-- $80,242 +6.5%
        2005-- $75,352 +6.8%
        2004-- $70,581 +7.8%
        2003-- $65,480 +8%
        2002-- $60,629 +7.4%
        2001-- $56,426 +5.1%
        2000-- $53,698
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Gifford Park

        Getting around

        86 / 100
        Very Walkable
        47 / 100
        Some Transit
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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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