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Sold on 04/01/2026
Jesus Perez of Realty of America, LLC
  • Exterior
  • View/Area
  • Other

408 E Chicago St, Elgin, IL 60120

  • $515,000

    Last sold 04/01/2026 after 9 Days

  • 6

    bed

  • 4

    bath

Multi-family not for sale
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About 408 E Chicago St

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Parking 2 garage spaces
Property description
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!
Listed by
Listing Agent - Jesus Perez
Listing Office - Realty of America, LLC
Source: MRED mls logo
MLS#12598511 • last updated 1 month ago
Movoto checked MRED for data 9 minutes ago
Overview
Levels/Style American 4-Sq.
MLS # 12598511
Virtual Tour N/A
Status Closed
Type Two To Four Units
Property Tax $ 9156.68
Year Built 1920
Interior
Total # of Rooms 19
Windows Screens
Exterior
Roof Asphalt
Construction Stucco
# Garage Spaces 2
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Water Source Public
Other Equipment Water Heater-Gas
# 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 613183014
Zoning MULTI
Directions Chicago St. (Rt.19) West Of Liberty(Rt.25)
Multifamily Details
Gross Income 5950
We are not permitted to show value estimates for this property.
  • May 2026
    mls logo MLS # 12598511
  • May 8, 2026 Sold
    $515,000 (+1.0%)
  • Apr 2, 2026 Active
    —
  • Mar 23, 2026 Listed
    $509,900 (+30.7%)
  • Jul 2023
    mls logo MLS # 11745554
  • Jul 12, 2023 Sold
    $390,000 (-2.5%)
  • May 22, 2023 Pending
    —
  • Mar 26, 2023 Listed
    $399,900 (+2.5%)
  • Aug 2021
    mls logo MLS # 11194446
  • Aug 19, 2021 Listed
    $389,997 (+22.3%)
  • Dec 2020
    mls logo MLS # 10878989
  • Dec 10, 2020 Cancelled
    —
  • Nov 14, 2020 Price Change
    $319,000 (-7.5%)
  • Sep 22, 2020 Listed
    $345,000
  • 408 E Chicago St
    $515K
  • 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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