408 E Chicago St, Elgin, IL 60120
Property image
Property image
SOLD
MAY 6, 2026

$524,500

Trulia Estimate
  • 6 Beds
  • 4 Baths

408 E Chicago St, Elgin, IL 60120

Gifford Park
Est. Refi. Payment $3,653/mo*
Refinance Your Home
Currently Off Market - Sold May 6, 2026 for $515,000 (1% above list price)

Home Value

Trulia Estimate
$525K
Since last month
Increased$6K (+1.1%)
Since last year
Increased$64K (+14%)
Since last sale
Increased$10K (+1.9%)
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 +52% in the last 10 years
MonthEstimated value
2026
August 2026$525K
July 2026$519K
June 2026$521K
May 2026$518K
April 2026$506K
March 2026$508K
February 2026$442K
January 2026$456K
2025
2024
2023
2021
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
528 E Chicago St, Elgin, IL
0.28
Multi-Family Home
$397,000
12/12/25
4
4
-
453 E Chicago St, Elgin, IL
0.11
Multi-Family Home
$293,000
11/14/25
4
2.5
-
495-499 Franklin St, Elgin, IL
0.43
Multi-Family Home
$510,000
08/17/26
6
2
-
356-358 N Spring St, Elgin, IL
0.59
Multi-Family Home
$393,933
09/26/25
6
3
-
262 N Spring St #64, Elgin, IL
0.51
Multi-Family Home
$575,000
11/24/25
11
4
-
258-260 Ann St, Elgin, IL
0.52
Multi-Family Home
$235,000
04/21/26
6
2
-
265 Center St, Elgin, IL
0.43
Multi-Family Home
$285,000
12/04/25
4
3
-
143 S Liberty St, Elgin, IL
0.45
Multi-Family Home
$505,000
05/27/26
3
3
-

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
423 E Chicago St #F, Elgin, IL 60120
0.05
$131,400
3
1
801
Off Market
423 E Chicago St #B, Elgin, IL 60120
0.05
$153,900
2
1
-
Off Market
418 Du Page St, Elgin, IL 60120
0.06
$334,400
6
2.5
-
Off Market
402-04 Du Page St, Elgin, IL 60120
0.09
$284,500
5
2
-
Off Market
442 Du Page St, Elgin, IL 60120
0.10
$431,000
5
2
2,662
Off Market
415 Du Page St, Elgin, IL 60120
0.10
$396,200
4
2
2,894
Off Market
427 Du Page St, Elgin, IL 60120
0.10
$395,400
4
1.5
1,929
Off Market
16 N Gifford St, Elgin, IL 60120
0.04
$290,000
4
2
2,033
Off Market
453 E Chicago St, Elgin, IL 60120
0.11
$293,000
4
2.5
-
Recently Sold
386 E Chicago St, Elgin, IL 60120
0.06
$474,900
5
3.5
-
For Sale
420 Fulton St, Elgin, IL 60120
0.12
$317,000
4
2
2,125
Off Market

Local Information

  • Map ViewExplore the area around 408 E Chicago St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1920
Parking
Garage

About this House

Great investment opportunity! This well-maintained 4-unit building offers strong income potential! Recent updates include a newer water heater and driveway, exterior painted 2024 with the roof replaced in recent years (exact date unknown). The property features ample parking perfect for tenants and is conveniently located near downtown, providing easy access to shopping, dining, and amenities. Whether you're looking to expand your portfolio or secure a solid income-producing asset, this is one you don't want to miss!
408 E Chicago St, Elgin, IL 60120 is a 6 bedroom, 4 bathroom multi-family in Gifford Park, built in 1920. It last sold for $515,000 on May 6, 2026 (1% above the $509,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $524,500, with a rent estimate of $1,946/month.
Last check for updates: about 7 hours ago
Listed by Jesus Perez, (630) 878-9064
Realty of America, LLC
Bought with: Claudia Galaviz, (708) 228-1115, RE/MAX Mi Casa
Source: MRED as distributed by MLS GRID, MLS#12598511

Home Details for 408 E Chicago St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished,Exterior Entry,FullNumber of Rooms: 19
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 4
Appliances & Utilities
Appliances: Gas Water Heater
Heating & Cooling
Heating: Natural Gas,Steam,Radiator(s)Has HeatingHeating Fuel: Natural Gas
Windows, Doors, Floors & Walls
Window: Screens
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Roof Deck, Deck, PorchExterior: BalconyFoundation: Block, Stone
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 8Parking: Yes,Garage Owned,Detached,Unassigned,Off Alley,Driveway,Alley Access,Owned,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer, Storm Sewer

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: American 4-Sq.
Building
Construction Materials: StuccoNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 0613183014

Price & Status

Price
List Price: $509,900
Status Change & Dates
Off Market Date: Wed Apr 01 2026Possession Timing: Close Of Escrow, Subject To Tenant Rights

Location

Direction & Address
City: Elgin
School Information
Elementary School: Channing Memorial Elementary SchElementary School District: 46Jr High / Middle School: Ellis Middle SchoolJr High / Middle School District: 46High School: Elgin High SchoolHigh School District: 46

Community

Community Features: Sidewalks, Street Lights, Street Paved

Listing Info

Special Conditions: None

Offer

Listing Terms: FHA

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12598511

Additional Information

SidewalksStreet LightsStreet PavedSource Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD Listing On IDX Display: YesMRD AVM On IDX Display: YesMRD Address On VOW Display: YesMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address DisplayMRD Remarks On VOW Display: Yes

Price and Tax history

DateEventPrice
May 6, 2026
Source: MRED as distributed by MLS GRID #12598511
Sold
$515,000
Apr 2, 2026
Source: MRED as distributed by MLS GRID #12598511
Contingent
$509,900
Mar 24, 2026
Source: MRED as distributed by MLS GRID #12598511
Listed For Sale
$509,900
Jul 12, 2023
Source: MRED as distributed by MLS GRID #11745554
Sold
$390,000
May 22, 2023
Source: MRED as distributed by MLS GRID #11745554
Pending
$399,900

Market trends in Elgin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$337K
$15KMoM
Sale-to-List Price
100.1%
0.1%MoM
Price per sq ft
$207
$2MoM
Available listings
251
12MoM

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

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 408 E Chicago St

  • What is 408 E Chicago St estimated to be worth?
    Trulia's estimated value for 408 E Chicago St in Elgin, IL is $524,500.
  • What is the price history for 408 E Chicago St?
    408 E Chicago St in Elgin, IL last sold for $515,000 in May 2026.
  • 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.

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Off Market Homes Near 408 E Chicago St

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