311 E Chicago St
Elgin, IL 60120
Gifford Park- 6 Beds
- 4 Baths
6 Beds
4 Baths
Local Information
-- mins to
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!
311 E Chicago St, Elgin, IL 60120 is a 6 bedroom, 4 bathroom multi-family in Gifford Park, built in 1900. It last sold for $400,000 on Nov 14, 2023 (5% above the $380,000 asking price). More recently, it was listed as a rental in August 2019 with an asking price of $925 per month. That rental listing was removed on August 29, 2019. It is currently off market. The Trulia Estimate is $463,800, with a rent estimate of $1,770/month.
Home Highlights
Parking
No Info
Outdoor
Deck
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 311 E Chicago St
|
|---|
MLS Status: Closed |
|
|---|
Interior Details Basement: Finished,Full,Walk-Out AccessNumber of Rooms: 14 |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Heating & Cooling Heating: Natural Gas,Forced AirHas HeatingHeating Fuel: Natural Gas |
View No View |
|
|---|
Exterior Home Features Roof: AsphaltPatio / Porch: Deck |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
|
|---|
Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: CedarNot a New Construction |
Property Information Parcel Number: 0613304004 |
|
|---|
Price List Price: $380,000 |
Status Change & Dates Off Market Date: Tue Oct 17 2023Possession Timing: Close Of Escrow |
|
|---|
Direction & Address City: Elgin |
School Information Elementary School: Channing Memorial Elementary SchElementary School District: 46Jr High / Middle School: Ellis Middle SchoolJr High / Middle School District: 46High School: Elgin High SchoolHigh School District: 46 |
|
|---|
Community Features: Curbs, Sidewalks, Street Lights, Street Paved |
|
|---|
Lot Area: 3484.8 sqft |
|
|---|
Special Conditions: None |
|
|---|
Listing Terms: Conventional |
|
|---|
Business Information Ownership: Fee Simple |
|
|---|
BasementMls Number: 11902081 |
|
|---|
CurbsSidewalksStreet LightsStreet PavedSource Internet Automated Valuation DisplaySource Internet Consumer CommentSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display |
Last check for updates: about 7 hours ago
Listed by Matthew Lysien, (847) 309-6939
Suburban Life Realty, Ltd
Bought with: Enrique Rios, (224) 465-5099, Chicagoland Brokers Inc.
Source: MRED as distributed by MLS GRID, MLS#11902081

Price History for 311 E Chicago St
| Date | Price | Event | Source |
|---|---|---|---|
| 11/14/2023 | $400,000 | Sold | MRED as distributed by MLS GRID #11902081 |
| 10/19/2023 | $380,000 | Contingent | MRED as distributed by MLS GRID #11902081 |
| 10/11/2023 | $380,000 | Listed For Sale | MRED as distributed by MLS GRID #11902081 |
| 11/17/2020 | $359,000 | ListingRemoved | Agent Provided |
| 08/16/2020 | $359,000 | Listed For Sale | Agent Provided |
| 08/29/2019 | $925 | ListingRemoved | Agent Provided |
| 08/26/2019 | $925 | Listed For Rent | Agent Provided |
| 12/07/2018 | $215,000 | Sold | MRED as distributed by MLS GRID #10121752 |
| 11/03/2018 | $225,000 | Pending | Agent Provided |
| 10/25/2018 | $225,000 | Listed For Sale | Agent Provided |
| 07/24/2006 | $178,500 | Sold | N/A |
| 03/15/2005 | $275,000 | Sold | N/A |
| 12/04/2003 | $866,000 | Sold | N/A |
| 07/18/2002 | $225,000 | Sold | N/A |
Market trends in Elgin
Last updated May 2026
Avg. sale price
$313K
$11.67KMoM
Sale-to-List Price
99.6%
Price per sq ft
$206
$3MoM
Available listings
234
30MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $7,869 |
| Assessment | $294,978 |
Home facts updated by county records
Comparable Sales for 311 E Chicago St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.51 | Multi-Family Home | $393,933 | 09/26/25 | 6 | 3 | - | |
0.09 | Multi-Family Home | $220,000 | 05/20/26 | 3 | 2 | - | |
0.47 | Multi-Family Home | $397,000 | 12/12/25 | 4 | 4 | - | |
0.19 | Multi-Family Home | $515,000 | 05/06/26 | 6 | 4 | - | |
0.29 | Multi-Family Home | $293,000 | 11/14/25 | 4 | 2.5 | - | |
0.48 | Multi-Family Home | $235,000 | 04/21/26 | 6 | 2 | - | |
0.42 | Multi-Family Home | $275,000 | 07/31/25 | 5 | 2 | - | |
0.41 | Multi-Family Home | $575,000 | 11/24/25 | 11 | 4 | - | |
0.38 | Multi-Family Home | $285,000 | 12/04/25 | 4 | 3 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 311 E Chicago St.
What Locals Say about Gifford Park
At least 62 Trulia users voted on each feature.
93 % Say there are sidewalks
79 % Say it's dog friendly
79 % Say streets are well-lit
74 % Say it's walkable to restaurants
74 % Say kids play outside
73 % Say yards are well-kept
71 % Say car is needed
71 % Say parking is easy
58 % Say people would walk alone at night
58 % Say there's holiday spirit
56 % Say it's walkable to grocery stores
50 % Say neighbors are friendly
47 % Say they plan to stay for at least 5 years
44 % Say there's wildlife
38 % Say there are community events
35 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 311 E Chicago St
Off Market Homes Near 311 E Chicago St

Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information

