$424,900
5 Beds
3.5 Baths
386 E Chicago St, Elgin, IL 60120
Est. Mortgage $3,138/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1900
0.33 acre lot
Garage
Local Information
- Map ViewExplore the area around 386 E Chicago St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
What's unique:Graciously sized secondary bedrooms
Now is your opportunity to own one of Elgin's finest historic homes! Located just blocks from downtown Elgin, this grand residence offers timeless character, generous living space and exceptional flexibility for modern living. This is not your typical duplex-it is a distinguished historic home with a separate upper-level apartment, making it an excellent opportunity for a primary residence with space for multigenerational living, guests or rental income. Set on a deep, level lot with mature trees, this beautiful home welcomes you with a huge covered front porch, perfect for relaxing on summer evenings. Step inside to a grand foyer/parlor showcasing beautiful custom millwork, a large separate living room with crown and oversized moldings, and a formal dining room with exposed wood beams and a butler's swinging door leading to the updated kitchen. The kitchen features oak cabinetry, extra recessed lighting and wood laminate flooring. A back covered, enclosed porch with separate heating and air conditioning and vaulted ceilings provides a wonderful space for summer gatherings. The main residence offers a huge primary bedroom with a private fireplace and walk-in closet, graciously sized secondary bedrooms and a rare back-to-back arrangement of two full bathrooms-one with a whirlpool tub and the other with a walk-in shower. The full finished basement adds even more living and hobby space, including a recreation room, den, workshop area and additional laundry. The separate upper-level apartment is a tremendous bonus and a key part of this property's versatility. Currently rented for $925 per month, it features a spacious living room with a cozy gas-log fireplace, vaulted ceilings and a French door leading to a private balcony. A separate dining area with built-in hutch, updated kitchen with oak cabinetry and tile flooring, spacious bedroom with secondary exit for added safety and in-unit laundry make this a comfortable and functional living space. Whether used for family members, extended-stay guests, or a tenant, this apartment offers flexibility rarely found in a traditional single-family home. The main home is loaded with charm and character, while the unique detached 2 1/2-car garage with attached heated office provides an excellent space for an in-home business, studio, or work area. All of this is situated just blocks from downtown Elgin, with its beautiful library, recreation center, Hemmens Auditorium and much more. Nothing else even close on the market like this! Tremendous space, historic character and flexibility for the value. A truly special opportunity to own a grand historic home that can adapt to the way you live-whether that means enjoying it as your primary residence, sharing it with family, welcoming guests or taking advantage of rental income from the separate apartment. This is an estate sale being sold as is!
Last check for updates: about 3 hours ago
Listing courtesy of: Robert Wisdom, (847) 695-8348
RE/MAX Horizon
Lisa Wisdom
RE/MAX Horizon
Source: MRED as distributed by MLS GRID, MLS#12772434
Also Listed on MRED as distributed by MLS GRID, MRED as distributed by MLS GRID.
Home Details for 386 E Chicago St
|
|---|
Interior Details Basement: Finished,FullNumber of Rooms: 16 |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1 |
Heating & Cooling Heating: Natural Gas,Forced AirHas HeatingHeating Fuel: Natural Gas |
View No View |
|
|---|
Parking & Garage Number of Garage Spaces: 2.5Number of Covered Spaces: 2.5Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 2.5Parking: Garage Door Opener,Yes,Garage Owned,Detached,Garage |
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: 0613182018 |
|
|---|
Price List Price: $424,900 |
Status Change & Dates Possession Timing: Close Of Escrow |
|
|---|
MLS Status: Active |
|
|---|
|
|---|
Direction & Address City: Elgin |
School Information Elementary School District: 46Jr High / Middle School District: 46High School District: 46 |
|
|---|
Listing Agent Listing ID: 12772434 |
|
|---|
Lot Area: 0.33 acres |
|
|---|
Special Conditions: None |
|
|---|
Business Information Ownership: Fee Simple |
|
|---|
BasementMls Number: 12772434 |
|
|---|
Source Internet Entire Listing DisplayMRD IDX Comments Reviews: NoMRD Listing On IDX Display: YesMRD Address On VOW Display: YesMRD AVM On IDX Display: NoMRD Price History On IDX Display: NoMRD Market Time On IDX Display: NoMRD REMARKSINTERNET: YesSource Internet Address DisplayHide Days On Site DisplayHide Price History DisplayMRD Remarks On VOW Display: Yes |
Around this home
Neighborhood Overview
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.
Market trends in Elgin
Last updated August 2026
Avg. sale price
$331K
$4.67KMoM
Sale-to-List Price
100.2%
Price per sq ft
$203
$4MoM
Available listings
264
13MoM
Home Value
Trulia Estimate
$410KSince last month
Decreased$46K (-10.1%)Since last year
Decreased$78K (-15.9%)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 +96% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| October 2026 | $410K |
| September 2026 | $437K |
| August 2026 | $457K |
| July 2026 | $488K |
2020 | |
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 |
|---|---|---|---|---|---|---|---|
0.16 | Multi-Family Home | $293,000 | 11/14/25 | 4 | 2.5 | - | |
0.34 | Multi-Family Home | $397,000 | 12/12/25 | 4 | 4 | - | |
0.39 | Multi-Family Home | $285,000 | 12/04/25 | 4 | 3 | - | |
0.48 | Multi-Family Home | $235,000 | 04/21/26 | 6 | 2 | - | |
0.06 | Multi-Family Home | $515,000 | 05/06/26 | 6 | 4 | - | |
0.55 | Multi-Family Home | $420,000 | 09/01/26 | 4 | 3 | - | |
0.46 | Multi-Family Home | $575,000 | 11/24/25 | 11 | 4 | - | |
0.72 | Multi-Family Home | $435,000 | 12/03/25 | 4 | 3 | - | |
0.90 | Multi-Family Home | $455,000 | 01/20/26 | 5 | 3 | - | |
0.45 | Multi-Family Home | $510,000 | 08/17/26 | 6 | 2 | - |
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 |
|---|---|---|---|---|---|---|
0.00 | - | - | - | - | Off Market | |
0.01 | $305,000 | 3 | 1.5 | 1,497 | Recently Sold | |
0.02 | $324,400 | 4 | 2 | 2,206 | Off Market | |
0.02 | $291,000 | 4 | 2 | 2,033 | Off Market | |
0.02 | $441,000 | 7 | 5 | 2,000 | Off Market | |
0.03 | $280,800 | 3 | 2 | 1,683 | Off Market | |
0.03 | $312,500 | 4 | 2 | - | Off Market | |
0.03 | $609,800 | 1 | - | 1,000 | Off Market | |
0.03 | - | 2 | 1 | 900 | Off Market | |
0.03 | - | 1 | 1 | 900 | Off Market | |
0.03 | $244,000 | 4 | 2 | 1,373 | Off Market | |
0.03 | - | 2 | 0.5 | 900 | Off Market | |
0.03 | - | 2 | 0.5 | 900 | Off Market | |
0.03 | $325,100 | 7 | 2 | 2,444 | Off Market | |
0.03 | - | 4 | 1 | 2,010 | Off Market | |
0.03 | $238,200 | 3 | 2 | 1,500 | Off Market | |
0.04 | $317,700 | 4 | 2 | 2,104 | Off Market | |
0.04 | $250,800 | 2 | 1 | 1,275 | Off Market | |
0.04 | $271,400 | 2 | 2 | 1,415 | Off Market | |
0.05 | $519,900 | Studio | 6 | 4,956 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 29, 2026 Source: MRED as distributed by MLS GRID #12751974 | ListingRemoved | $449,900 |
Sep 4, 2026 Source: MRED as distributed by MLS GRID #12751974 | Listed For Sale | $449,900 |
Sep 4, 2026 Source: MRED as distributed by MLS GRID #12691540 | ListingRemoved | $474,900 |
Aug 6, 2026 Source: MRED as distributed by MLS GRID #12691540 | PriceChange | $474,900 Price decreased by 5% |
Jul 9, 2026 Source: MRED as distributed by MLS GRID #12691540 | Listed For Sale | $499,900 |
Mar 24, 2021 Source: N/A | ListingRemoved | |
Apr 8, 2014 Source: N/A | ListingRemoved | $775 |
Mar 2, 2014 Source: N/A | Listed For Rent | $775 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,263 | $294,300 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Robert Wisdom, RE/MAX Horizon
Agent Phone: (847) 695-8348
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
Similar Homes You May Like
Legacy Properties, A Sarah Leonard Company, LLC
3.25 ACRESBerkshire Hathaway HomeServices Starck Real Estate
0.36 ACRESKeller Williams Inspire
NEW - 2 DAYS AGOUnited Real Estate - Chicago
0.45 ACRESKeller Williams Premiere Properties
0.32 ACRESLegacy Properties, A Sarah Leonard Company, LLC
Berkshire Hathaway HomeServices Chicago
Berkshire Hathaway HomeServices Starck Real Estate
NEW - 2 DAYS AGOBaird & Warner
@properties Christie's International Real Estate
0.5 ACRESEXIT Real Estate Partners
@properties Christie's International Real Estate
18.48 ACRESHomeSmart Connect LLC
See more homes for sale inElgin
New Listings near 386 E Chicago St
0.43 ACRES- See more homes for sale inElgin
Frequently asked questions about 386 E Chicago St
- What is the estimated monthly payment for 386 E Chicago St?Based on a $424,900 list price with 20% down at today's rates, the estimated monthly payment for 386 E Chicago St in Elgin, IL is approximately $3,191 (about $2,411 principal & interest, $705 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 386 E Chicago St compare to homes in Elgin?386 E Chicago St in Elgin, IL is listed at $424,900, about 28% above the $331K median sale price in Elgin.
- What do residents say about the Gifford Park neighborhood?Residents describe the Gifford Park neighborhood in Elgin, IL as pedestrian-friendly, dog-friendly, and walkable to restaurants. See homes for sale in Gifford Park, Elgin.
- What are the closest schools to 386 E Chicago St?The closest schools to 386 E Chicago St in Elgin, IL are Channing Memorial Elementary School (rated 3/10), Elgin High School (rated 2/10), Ellis Middle School (rated 4/10).
- Is there a virtual tour of 386 E Chicago St?Yes, a virtual tour of 386 E Chicago St in Elgin, IL is available.
386 E Chicago St, Elgin, IL 60120 is a 5 bedroom, 4 bathroom multi-family built in 1900. 386 E Chicago St is located in Gifford Park, Elgin. This property is currently available for sale and was listed by MRED as distributed by MLS GRID. The MLS # for this home is MLS# 12772434.