401 E Chicago St #507, Elgin, IL 60120
Property image
Property image
OFF MARKET

401 E Chicago St #507
Elgin, IL 60120

Gifford Park
  • 2 Beds
  • 1 Bath
  • 714 sqft
  • 2 Beds
  • 1 Bath
  • 714 sqft

Home Highlights

Property Type
Apartment
Living Area
714 sqft

Local Information

  • Map ViewExplore the area around 401 E Chicago St #507.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Spacious 2 bedroom apartment is ready for you to make into your home! Rent includes water, trash removal and heat. You only pay electric!

Amenities include 24/7 emergency maintenance service, individually controlled air conditioner units, electric stove, fridge, on site laundry facility, street parking, intercom system, elevator and more! Optional parking spaces begin at $70 per month, when available.

Schedule a tour of your future home today!
401 E Chicago St #507, Elgin, IL 60120 is a 2 bedroom, 1 bathroom, 714 sqft apartment in Gifford Park. More recently, it was listed as a rental in August 2025 with an asking price of $1,285 per month. That rental listing was removed on August 12, 2025. It is currently off market. The Trulia Estimate rent is $1,537/month.

Home Details for 401 E Chicago St #507

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Interior Features

Appliances & Utilities
Refrigerator
Heating & Cooling
Air ConditioningCooling System: Air Conditioner

Comparable Sales for 401 E Chicago St #507

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3 N Liberty St, Elgin, IL
0.41
Apartment
$340,000
08/29/25
3
1
1,200 sqft
224 Jefferson Ave, Elgin, IL
0.85
Apartment
$1,615,000
05/28/26
12
10,500 sqft
1840 W Highland Ave #E105, Elgin, IL
2.51
Apartment
$167,000
07/01/26
1
1
915 sqft
1063 Manchester Ct, South Elgin, IL
3.28
Apartment
$185,000
01/06/26
2
1
1,110 sqft
5011 Valley Ln #201, Streamwood, IL
5.40
Apartment
$150,000
01/15/26
2
2
1,000 sqft
115 Lucille Ct #A, Bartlett, IL
5.91
Apartment
$242,500
07/22/26
3
1
950 sqft
Home facts updated by county records

Nearby homes

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Around this home

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

Price and Tax history

DateEventPrice
Aug 12, 2025
Source: Zillow Rentals
ListingRemoved
$1,285
Aug 5, 2025
Source: Zillow Rentals
Listed For Rent
$1,285

Frequently asked questions about 401 E Chicago St #507

  • 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 $337K. That is up $15K from the prior month.
  • 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 recently sold homes in Gifford Park, Elgin.
  • What are the closest schools to 401 E Chicago St #507?
    The closest schools to 401 E Chicago St #507 in Elgin, IL are Channing Memorial Elementary School (rated 3/10), Elgin High School (rated 2/10), Ellis Middle School (rated 4/10).
  • Does 401 E Chicago St #507 have air conditioning?
    Yes, 401 E Chicago St #507 in Elgin, IL has air conditioning.

Homes for rent near 401 E Chicago St #507

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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