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Sold on 10/17/2023
Matthew Lysien of Suburban Life Realty, Ltd

311 E Chicago St, Elgin, IL 60120

  • $410,000

    Last sold 10/17/2023 for $400K

  • 6

    bed

  • 4

    bath

Multi-family not for sale
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About 311 E Chicago St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 3,485 Sqft
Movoto estimate
Property description
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!
Listed by
Listing Agent - Matthew Lysien
Listing Office - Suburban Life Realty, Ltd
Source: MRED mls logo
MLS#11902081 • last updated 2 years ago
Movoto checked MRED for data 13 minutes ago
Overview
MLS # 11902081
SubType 3 Story Unit/s
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.08
Property Tax $ 6475.26
Year Built 1900
Buyer Agent Commission 2.5% LESS $299, % Of Net Sale Price
Interior
Basement Finished
Total # of Rooms 14
Exterior
Roof Asphalt
Exterior Cedar
Parking Desc None
Exterior Features Deck
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 4
Location
Area Elgin
County Kane
Elementary School Channing Memorial Elementary Sch
Elementary School District 46
High School Elgin High School
Middle School District 46
Middle School Ellis Middle School
High School District 46
APN 613304004
Directions Route 25 To Chicago St W To Home
Multifamily Details
Gross Income 60600
Expense: Water/ Sewer 1500
Total Rental Income 5050
$410K
Range: $356K-$463K
Last 30 days 
  • Nov 2023
    mls logo MLS # 11902081
  • Nov 15, 2023 Sold
    $400,000 (+5.3%)
  • Oct 18, 2023 Active
    —
  • Oct 11, 2023 Listed
    $380,000 (+5.8%)
  • Nov 2020
    mls logo MLS # 10819852
  • Nov 17, 2020 Expired
    —
  • Aug 16, 2020 Listed
    $359,000 (+67.0%)
  • Dec 2018
    mls logo MLS # 10121752
  • Dec 7, 2018 Sold
    $215,000 (-4.4%)
  • Nov 3, 2018 Active
    —
  • Oct 25, 2018 Listed
    $225,000 (-10.0%)
  • Jul 2009
    mls logo MLS # 07131890
  • Jul 21, 2009 Cancelled
    —
  • Feb 10, 2009 Listed
    $249,900 (-9.1%)
  • Feb 2009
    mls logo MLS # 06883256
  • Feb 10, 2009 Cancelled
    —
  • May 2, 2008 Listed
    $275,000
  • 311 E Chicago St
    $400K
  • Gifford Park
    $325K -7% y/y
  • 60120
    $309K +1% y/y
  • Elgin
    $475K +18% y/y
No chart available
Statistics calculated by Movoto

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2/10
Channing Memorial Elementary School
public Grades K-6
School District U-46
4/10
Ellis Middle School
public Grades 7-8
School District U-46
3/10
Elgin High School
public Grades 9-12
School District U-46
Source: GreatSchools.org © 2026. All rights reserved.

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