316 Division St, Elgin, IL 60120
OFF MARKET

316 Division St
Elgin, IL 60120

Gifford Park
  • 9 Beds
  • 4.5 Baths

$516,700

Trulia Estimate
as of Aug 3, 2026
Est. Refi. Payment $3,602/mo*
Refinance Your Home

$516,700

Trulia Estimate
as of Aug 3, 2026
Est. Refi. Payment $3,602/mo*
Refinance Your Home
9 Beds
4.5 Baths

Local Information

  • Map ViewExplore the area around 316 Division St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1925

About this House

GREAT 4 UNIT BUILDING FOR ALL INVESTORS!! ONE 3 BRDMS 1 BATH, UPSTAIRS UNIT HAS ACCESS TO ATTIC FOR EXTRA STORAGE & AN OUTSIDE DECK, AND NEW CARPET. ONE 3 BEDROOM 2 BATHS WITH NEW LAMINATE FLOORS THROUGHOUT, ANOTHER 3 BEDROOM ONE BATH IN THE BASEMENT, USED AS COMMERCIAL, ONE COMMERCIAL STUDIO WITH HALF BATH USED CURRENTLY AS A HAIR SALON. TENANTS PAY OWN HEAT AND ELECTRIC. THIS HOME HAS A HISTORIC CHARM WITH BUILT INS POCKET DOORS TRIM AND MOULDINGS. CITY CAME OUT AND REPLACED ALL NEW WATER PIPES FROM THE SEWER TO THE PROPERTY. NEW WATER MAIN! CLOSE TO DOWNTOWN AND CASINO. ALL 4 UNITS HAVE HAD COMPLETED REMODELED OWNER PAYS WATER APPROX 150- 200 A MONTH. PROPERTY SOLD "AS-IS" NO FHA SELLER MAY CONSIDER FHA 203K (WASHER/DRYER & STOVE BELONG TO TENANT ON FIRST FLOOR) CENTRAL AIR AVAILBLE FOR 2 UNITS BUT DOESN'T WORK. NEED 48 HRS NOTICE 4 UNITS ARE TENANT OCCUPIED
316 Division St, Elgin, IL 60120 is a 9 bedroom, 5 bathroom multi-family in Gifford Park, built in 1925. It last sold for $420,000 on Mar 2, 2024 (2% below the $429,999 asking price). More recently, it was listed as a rental in May 2020 with an asking price of $1,945 per month. That rental listing was removed on August 11, 2020. It is currently off market. The Trulia Estimate is $516,700, with a rent estimate of $1,592/month.

Home Details for 316 Division St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Partially Finished,Partial,Walk-Out AccessNumber of Rooms: 16
Beds & Baths
Number of Bedrooms: 9Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1
Appliances & Utilities
Appliances: Multiple Water Heaters
Heating & Cooling
Heating: Natural Gas,Forced AirHas HeatingHeating Fuel: Natural Gas
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt FlatPatio / Porch: Deck
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1925Year Renovated: 2022
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New Construction
Property Information
Parcel Number: 0613560080

Price & Status

Price
List Price: $429,999
Status Change & Dates
Off Market Date: Fri Jan 12 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: Elgin
School Information
Elementary School District: 46Jr High / Middle School District: 46High School District: 46

Agent Information

Buyer Agent
Buyer Company Name: The Axon Group

Lot Information

Lot Area: 4200 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 11932306

Additional Information

Source Internet Automated Valuation DisplaySource Internet Consumer CommentSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display
Last check for updates: about 17 hours ago
Listed by Vanessa Peterson, (847) 322-1460
Chicagoland Brokers Inc.
Bought with: Joseph Henke, eXp Realty
Source: MRED as distributed by MLS GRID, MLS#11932306

Price History for 316 Division St

DatePriceEventSource
03/02/2024$420,000Sold
MRED as distributed by MLS GRID #11932306
01/12/2024$429,999PendingMRED as distributed by MLS GRID #11932306
10/03/2023$429,999Listed For SaleMRED as distributed by MLS GRID #11846565
08/08/2023ListingRemovedMRED as distributed by MLS GRID #11846565
07/31/2023$429,999Listed For SaleMRED as distributed by MLS GRID #11846565
04/12/2021$335,000Sold
MRED as distributed by MLS GRID #10980078
01/11/2021$325,000Listed For SaleAgent Provided
08/11/2020$1,945ListingRemovedAgent Provided
05/26/2020$1,945Listed For RentAgent Provided
08/29/2019$1,575ListingRemovedAgent Provided
07/20/2019$1,575Listed For RentAgent Provided
10/23/2010$195,000ListingRemovedAgent Provided
05/07/2010$195,000PriceChange
Agent Provided
03/23/2010$200,000Listed For SaleAgent Provided

Market trends in Elgin

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$323K
$10.67KMoM
Sale-to-List Price
100.0%
0.4%MoM
Price per sq ft
$209
$3MoM
Available listings
263
29MoM
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Comparable Sales for 316 Division St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
262 N Spring St #64, Elgin, IL
0.32
Multi-Family Home
$575,000
11/24/25
11
4
-
356-358 N Spring St, Elgin, IL
0.41
Multi-Family Home
$393,933
09/26/25
6
3
-
258-260 Ann St, Elgin, IL
0.36
Multi-Family Home
$235,000
04/21/26
6
2
-
528 E Chicago St, Elgin, IL
0.46
Multi-Family Home
$397,000
12/12/25
4
4
-
265 Center St, Elgin, IL
0.26
Multi-Family Home
$285,000
12/04/25
4
3
-
117 Tennyson Ct, Elgin, IL
0.03
Multi-Family Home
$410,000
01/08/26
7
3
-
453 E Chicago St, Elgin, IL
0.30
Multi-Family Home
$293,000
11/14/25
4
2.5
-
408 E Chicago St, Elgin, IL
0.20
Multi-Family Home
$515,000
05/06/26
6
4
-
58 S Geneva St, Elgin, IL
0.21
Multi-Family Home
$220,000
05/20/26
3
2
-

Nearby homes

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Assigned Schools

These are the assigned schools for 316 Division St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Gifford Park
See Local Highlights
Neighborhood stats provided by third party data sources.

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.
  • Bridget Loose
    "Pace bus is great convenience for getting around town or next town over, I just think there needs to be something that notifies you if it’s being delayed or arriving early. "
    0
    Flag
  • Liz B.
    "People are always walking their dogs. The sidewalks are great and clean. People like this area for the historic district."
    0
    Flag
  • Austins03wrx
    "Good parts and bad parts but you will have to see the areas. Great small businesses and some great people"
    0
    Flag
  • Loupad32
    "a means of transport from one place to another usually farther than usual. To get to work. or school on a daily basis. In most situations you are often forced to drive to these far places out of necessity."
    2
    Flag
  • Dalejaacks
    "Very unique homes from the 1800s and early 1900s. One next door was used in a TV sitcom “Grace Under Fire”. Our plat was the third one in the whole city of Elgin. "
    0
    Flag
  • Susanne H.
    "I live here and over the years have witnessed a renaissance of this area. Elgin is fast becoming a place to watch. Ideally located for those who work in Chicago or in the western suburbs, Elgin has 3 commuter train stops and easy access to areas like Schaumburg and Algonquin. Directly adjacent to I90 and Route 20, as well as Randall and Irving Park road. Elgin offers easy access to the western business corridor and recreation."
    3
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 316 Division St

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Off Market Homes Near 316 Division St

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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