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

408 E Chicago St
Elgin, IL 60120

Gifford Park
  • 6 Beds
  • 4 Baths

$515,000

Last Sold: May 6, 2026
1% over list $510K
Est. Refi. Payment $3,490/mo*

$515,000

Last Sold: May 6, 2026
1% over list $510K
Est. Refi. Payment $3,490/mo*
6 Beds
4 Baths

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 08, 2026

Home Highlights

Parking
Garage
Outdoor
Porch, Deck
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
75 days ago

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

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 Address On VOW Display: YesMRD AVM On IDX Display: YesMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address DisplayMRD Remarks On VOW Display: Yes
Last check for updates: about 2 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

Price History for 408 E Chicago St

DatePriceEventSource
05/06/2026$515,000Sold
MRED as distributed by MLS GRID #12598511
04/02/2026$509,900ContingentMRED as distributed by MLS GRID #12598511
03/24/2026$509,900Listed For SaleMRED as distributed by MLS GRID #12598511
07/12/2023$390,000Sold
MRED as distributed by MLS GRID #11745554
05/22/2023$399,900PendingMRED as distributed by MLS GRID #11745554
03/31/2023$399,900Listed For SaleMRED as distributed by MLS GRID #11745554
09/09/2021ListingRemovedMRED as distributed by MLS GRID #11194446
08/19/2021$389,997Listed For SaleMRED as distributed by MLS GRID #11194446
12/10/2020$319,000ListingRemovedAgent Provided
11/14/2020$319,000PriceChange
Agent Provided
09/23/2020$345,000Listed For SaleAgent Provided

Market trends in Elgin

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$303K
$8.17K
MoM
Sale-to-List Price
99.6%
0.2%
MoM
Price per sq ft
$202
$4
MoM
Available listings
204
16
MoM
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Comparable Sales for 408 E Chicago St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.28
Multi-Family Home
$397,000
12/12/25
4
4
-
0.11
Multi-Family Home
$293,000
11/14/25
4
2.5
-
0.59
Multi-Family Home
$393,933
09/26/25
6
3
-
0.51
Multi-Family Home
$575,000
11/24/25
11
4
-
0.52
Multi-Family Home
$235,000
04/21/26
6
2
-
0.31
Multi-Family Home
$275,000
07/31/25
5
2
-
0.43
Multi-Family Home
$285,000
12/04/25
4
3
-
0.45
Multi-Family Home
$505,000
05/27/26
3
3
-

Nearby homes

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Assigned Schools

These are the assigned schools for 408 E Chicago St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • 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. "
  • Liz B.
    "People are always walking their dogs. The sidewalks are great and clean. People like this area for the historic district."
  • Austins03wrx
    "Good parts and bad parts but you will have to see the areas. Great small businesses and some great people"
  • 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."
  • 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. "
  • 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."

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Apartments for Rent

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Homes for sale near 408 E Chicago St

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Off Market Homes Near 408 E Chicago St

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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

Homes for rent near 408 E Chicago St

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408 E Chicago St, Elgin, IL 60120 is a 6 bedroom, 4 bathroom multi-family built in 1920. 408 E Chicago St is located in Gifford Park, Elgin. This property is not currently available for sale. 408 E Chicago St was last sold on May 6, 2026 for $515,000 (1% higher than the asking price of $509,900). The current Trulia Estimate for 408 E Chicago St is $516,800.