Great investment opportunity! This well-maintained 4-unit building offers strong income potential! Recent updates include a newer water heater and driveway, exterior painted 2024 with the roof replaced in recent years (exact date unknown). The property features ample parking perfect for tenants and is conveniently located near downtown, providing easy access to shopping, dining, and amenities. Whether you're looking to expand your portfolio or secure a solid income-producing asset, this is one you don't want to miss!
Closed
$515,000
408 E Chicago St, Elgin, IL 60120
6beds
--sqft
Multi Family
Built in 1920
-- sqft lot
$520,700 Zestimate®
$--/sqft
$1,960 Estimated rent
Home value
$520,700
Estimated sales range
Not available
$1,960/mo
Zestimate® history
Owner options
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$1,960/mo
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$1,960/mo
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$3,700/mo
Est. payment
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$3,700/mo
Est. payment
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Newer water heaterAmple parking
Zillow last checked:
Listing updated:
Listing courtesy of:
Jesus Perez 630-878-9064,
Realty of America, LLC
Bought with:
Claudia Galaviz
RE/MAX Mi Casa
Source: MRED as distributed by MLS GRID,MLS#: 12598511
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Steam, Radiator(s)
Appliances
- Included: Gas Water Heater
Features
- Windows: Screens
- Basement: Unfinished,Exterior Entry,Full
Property
Parking
- Total spaces: 8
- Parking features: Yes, Garage Owned, Detached, Unassigned, Off Alley, Driveway, Alley Access, Owned, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Roof Deck, Deck, Porch
- Exterior features: Balcony
Lot
- Dimensions: 63X143X65X144
Details
- Parcel number: 0613183014
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: American 4-Sq.
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Block, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Water: Public
Green energy
- Water conservation: Low flow commode, Low flow fixtures
Community & neighborhood
Community
- Community features: Sidewalks, Street Lights, Street Paved
Location
- Region: Elgin
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Sold | $515,000+1% |
Source:  MRED as distributed by MLS GRID #12598511 Report a problem | ||
| 4/2/2026 | Contingent | $509,900 |
Source: MRED as distributed by MLS GRID #12598511 Report a problem | ||
| 3/24/2026 | Listed for sale | $509,900+30.7% |
Source: MRED as distributed by MLS GRID #12598511 Report a problem | ||
| 7/12/2023 | Sold | $390,000-2.5% |
Source: MRED as distributed by MLS GRID #11745554 Report a problem | ||
| 5/22/2023 | Pending sale | $399,900 |
Source: MRED as distributed by MLS GRID #11745554 Report a problem | ||
| 3/31/2023 | Listed for sale | $399,900+2.5% |
Source: MRED as distributed by MLS GRID #11745554 Report a problem | ||
| 9/9/2021 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11194446 Report a problem | ||
| 8/19/2021 | Listed for sale | $389,997+22.3% |
Source: MRED as distributed by MLS GRID #11194446 Report a problem | ||
| 12/10/2020 | Listing removed | $319,000 |
Source: CENTURY 21 New Heritage West #10878989 Report a problem | ||
| 11/14/2020 | Price change | $319,000-7.5% |
Source: CENTURY 21 New Heritage West #10878989 Report a problem | ||
| 9/23/2020 | Listed for sale | $345,000 |
Source: CENTURY 21 New Heritage West #10878989 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Gifford Park
Nearby schools
GreatSchools rating
- 3/10Channing Memorial Elementary SchoolGrades: K-6Distance: 0.2 mi
- 4/10Ellis Middle SchoolGrades: 7-8Distance: 0.5 mi
- 2/10Elgin High SchoolGrades: 9-12Distance: 1.7 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
$520,700
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
$520,700
- Illinois
- Kane County
- Elgin
- 60120
- Gifford Park
- 408 E Chicago St
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Nearby neighborhoods
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