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$650,000
4,238
square ft

398 E Chicago Street
Elgin, Illinois 60120

Closed / MLS #12392663 / Multiple Family / Elgin
Listing information updated 8/26/2025 at 1:23pm
This 5 unit building has been updated, has excellent rental income and is ready for new ownership. Four 2 bedroom, 2 bath units, and one studio, plus coin laundry and storage. Two units have been updated with forced air, the rest of the building is boiler heat. Tenants pay electric. Appliances have been updated in 4 of the units, as well as a new concrete driveway. Original charm throughout. One is vacant to show. Sold with 16 N Gifford as it currently shares a driveway. Selling as-is.
Exterior Type:
Brick
Basement:
Finished
Water Front:
No
Square Feet:
4,238
Built:
1910
Cooling System:
Central Air,Window Unit(s)
Stories:
2
Current Use:
Multi-Family
Zoning:
MULTI
Building Square Feet:
4,238
Current Net Income:
$78,540
Unit 1:
5 room(s) / 2 bed(s) / 1 bath(s)
Unit 2:
3 room(s) / 0 bed(s) / 1 bath(s)
Tax Amount:
$9,467
Tax Year:
2024
Zip Code:
60120
City:
Elgin
County:
Kane

Listing Office: Berkshire Hathaway HomeServices Starck Real Estate

Listing Office Phone: 815.459.5900

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/26/2025 at 1:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Elgin, IL

The City of Elgin has been on a roll since it was founded in 1836. Attracting city dwellers and suburbanites, the bustling city is home to over 100,000 people and is one of the largest and fastest-growing cities in the state. A picturesque 1920s millworks building houses the State Street Market with...

Metra

Metra
Milwaukee District West line at Elgin Metra
$374,926
Average Sale Price
44
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 398 E Chicago Street, Elgin, IL 60120
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398 E Chicago Street, Elgin, IL 60120 is a multiple family which sold for $650,000. This multiple family has been listed on @properties Christie's International Real Estate since June 16th, 2025 and was built in 1910. The nearest transit stops include Elgin Metra Metra Milwaukee District West line.

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