316 Division St, Elgin, IL 60120
OFF MARKET

$508,300

Trulia Estimate
  • 9 Beds
  • 4.5 Baths

316 Division St, Elgin, IL 60120

Gifford Park
Est. Refi. Payment $3,653/mo*
Refinance Your Home
Currently Off Market - Sold Mar 2, 2024 for $420,000

Home Value

Trulia Estimate
$508K
Since last month
Decreased$6K (-1.1%)
Since last year
Increased$49K (+10.5%)
Since last sale
Increased$88K (+21%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +210% in the last 10 years
MonthEstimated value
2026
September 2026$508K
August 2026$513K
July 2026$514K
June 2026$519K
May 2026$511K
April 2026$521K
March 2026$517K
February 2026$505K
January 2026$489K
2025
2024
2023
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
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
-
495-499 Franklin St, Elgin, IL
0.48
Multi-Family Home
$510,000
08/17/26
6
2
-
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
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
118 Tennyson Ct, Elgin, IL 60120
0.04
$281,400
3
2
-
Off Market
117 Tennyson Ct, Elgin, IL 60120
0.03
$410,000
7
3
-
Recently Sold
140 College St, Elgin, IL 60120
0.08
$526,200
6
4
-
Off Market
312 North St, Elgin, IL 60120
0.10
$300,500
4
2
-
Off Market
318 North St, Elgin, IL 60120
0.10
$266,800
3
2
-
Off Market
371 North St, Elgin, IL 60120
0.12
$349,000
4
2.5
1,740
Recently Sold
359 Park St, Elgin, IL 60120
0.13
$454,400
4
2
3,920
Off Market
366 North St, Elgin, IL 60120
0.13
$234,700
4
4
-
Off Market
311 E Chicago St, Elgin, IL 60120
0.12
$452,300
6
4
-
Off Market
305 E Chicago St, Elgin, IL 60120
0.13
$321,500
6
2.5
1,672
Off Market
370 North St, Elgin, IL 60120
0.13
$230,000
4
1
1,574
Recently Sold

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

Multi-Family
Built in 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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $508,300, with a rent estimate of $1,506/month.
Last check for updates: about 4 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

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

Price and Tax history

DateEventPrice
Mar 2, 2024
Source: MRED as distributed by MLS GRID #11932306
Sold
$420,000
Jan 12, 2024
Source: MRED as distributed by MLS GRID #11932306
Pending
$429,999
Oct 3, 2023
Source: MRED as distributed by MLS GRID #11846565
Listed For Sale
$429,999
Aug 8, 2023
Source: MRED as distributed by MLS GRID #11846565
ListingRemoved
Jul 31, 2023
Source: MRED as distributed by MLS GRID #11846565
Listed For Sale
$429,999

Market trends in Elgin

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$331K
$4.67KMoM
Sale-to-List Price
100.2%
Price per sq ft
$203
$4MoM
Available listings
264
13MoM

Around this home

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

LGBTQ Local Legal Protections

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

Frequently asked questions about 316 Division St

  • What is 316 Division St estimated to be worth?
    Trulia's estimated value for 316 Division St in Elgin, IL is $508,300.
  • What is the price history for 316 Division St?
    316 Division St in Elgin, IL last sold for $420,000 in March 2024.
  • Is Elgin a buyer's or seller's market?
    Elgin is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Elgin?
    The median sale price in Elgin is $331K. That is down $4.67K from the prior month.

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Apartments for Rent

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Off Market Homes Near 316 Division St

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