389 Prairie St, Elgin, IL 60120
Property image
Property image
OFF MARKET

389 Prairie St
Elgin, IL 60120

Gifford Park
  • 5 Beds
  • 4 Baths
  • 1,848 sqft

$298,400

Trulia Estimate
as of Jul 16, 2026
Est. Refi. Payment $2,076/mo*
Refinance Your Home

$298,400

Trulia Estimate
as of Jul 16, 2026
Est. Refi. Payment $2,076/mo*
Refinance Your Home
5 Beds
4 Baths
1,848 sqft

Local Information

  • Map ViewExplore the area around 389 Prairie St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Great investment opportunity in the Historic District of Elgin. This 2 Flat Unit is a must see with a lot of possibilities! Live in one unit, rent out the other! Owner has owned the property for over 12 years. The 1st floor unit is a 3 bedroom 1 bath and currently occupied with the same tenant since 2006! The 2nd floor unit is a 2 bedroom, 1 bath. There are two electric and gas meters and one water meter. Rents are below market rate and are month to month. Property is located on a tree lined street within walking distance to the Metra Station, Riverboat Casino, Downtown, Library, and More! Property needs work and is being Sold AS IS. See City of Elgin Rental License Inspection Report. Buyer responsible for all rental license repairs.
389 Prairie St, Elgin, IL 60120 is a 5 bedroom, 4 bathroom, 1,848 sqft multi-family in Gifford Park, built in 1900. It last sold for $185,000 on Jun 10, 2022. It is currently off market. The Trulia Estimate is $298,400, with a rent estimate of $2,009/month.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 389 Prairie St

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 3
Interior Details
Number of Rooms: 9

Exterior Features

Exterior Home Features
Roof: Asphalt

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 1

Lot Information

Lot Area: 2962 sqft

Price History for 389 Prairie St

DatePriceEventSource
06/10/2022$185,000Sold
MRED as distributed by MLS GRID #11300630
02/21/2022$194,999ContingentMRED as distributed by MLS GRID #11300630
01/19/2022$194,999PriceChange
MRED as distributed by MLS GRID #11300630
01/08/2022$199,999Listed For SaleMRED as distributed by MLS GRID #11300630
11/16/2009$133,000Sold
N/A
07/17/2009$56,000Sold
MRED as distributed by MLS GRID #07250271
12/29/2003$142,000Sold
N/A
03/24/1997$92,000Sold
N/A

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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Property Tax and Assessment

Year2024
Tax$5,219
Assessment$195,627
Home facts updated by county records

Comparable Sales for 389 Prairie St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
337 Ryerson Ave, Elgin, IL
0.51
Multi-Family Home
$270,000
02/06/26
3
2
1,738
96 S Crystal St, Elgin, IL
0.55
Multi-Family Home
$375,000
05/08/26
6
6
2,550
58 S Geneva St, Elgin, IL
0.21
Multi-Family Home
$220,000
05/20/26
3
2
-
226 Mountain St, Elgin, IL
0.71
Multi-Family Home
$150,000
10/20/25
4
2
1,559
475 Laurel St, Elgin, IL
0.21
Multi-Family Home
$275,000
07/31/25
5
2
-
453 E Chicago St, Elgin, IL
0.24
Multi-Family Home
$293,000
11/14/25
4
2.5
-
478 Barrett St, Elgin, IL
0.28
Multi-Family Home
$295,000
08/15/25
4
2
-
262 Cherry St, Elgin, IL
0.76
Multi-Family Home
$325,000
06/16/26
4
2
2,118
649 Wellington Ave, Elgin, IL
0.80
Multi-Family Home
$155,000
02/04/26
2
2
1,422
528 E Chicago St, Elgin, IL
0.40
Multi-Family Home
$397,000
12/12/25
4
4
-

Nearby homes

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Assigned Schools

These are the assigned schools for 389 Prairie 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 389 Prairie St

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Off Market Homes Near 389 Prairie St

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