423 E  Chicago St #B, Elgin, IL 60120
Property image
Property image
OFF MARKET

423 E Chicago St #B
Elgin, IL 60120

Gifford Park
  • 2 Beds
  • 1 Bath

$109,900

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $809/mo*

$109,900

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $809/mo*
2 Beds
1 Bath

Local Information

  • Map ViewExplore the area around 423 E Chicago St #B.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

INVESTORS, 9.85% CAP HERE, TENANT ALREADY IN PLACE UNTIL MARCH 2025 AT $1,400/MO! RARELY AVAILABLE 1ST-FLOOR CONDO WITH NO STAIRS, FRESHLY PAINTED AND MOVE-IN READY! THIS CHARMING 2-BEDROOM UNIT IS A CASH COW. THE UPDATED KITCHEN AND BATHROOM IS A NICE TOUCH, OFFERING MODERN CABINETS, COUNTERTOPS, AND FLOORING. ALL NEWER APPLIANCES ARE INCLUDED. SITUATED IN THE HEART OF DOWNTOWN ELGIN, YOU'LL ENJOY FANTASTIC RESTAURANTS AND SHOPPING OPTIONS JUST STEPS AWAY. CASH OR COMMERCIAL LOAN ONLY, BUILDING'S HOA IS SELF-MANAGED.
423 E Chicago St #B, Elgin, IL 60120 is a 2 bedroom, 1 bathroom condo in Gifford Park. It last sold for $85,000 on Dec 9, 2024 (15% below the $100,000 asking price). More recently, it was listed as a rental in March 2023 with an asking price of $1,345 per month. That rental listing was removed on March 25, 2023. It is currently off market. The Trulia Estimate is $109,900, with a rent estimate of $1,936/month.

Home Highlights

Parking
1 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
$225/Monthly
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 423 E Chicago St #B

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Appliances & Utilities
Laundry: Common Area
Heating & Cooling
Heating: Natural Gas,Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No Spa
Windows, Doors, Floors & Walls
Window: Window Treatments
Levels, Entrance, & Accessibility
Number of Stories: 4Accessibility: No Disability Access
View
No View

Exterior Features

Parking & Garage
No Attached GarageParking Spaces: 1Parking: Asphalt,Assigned,On Site
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Renovated: 2017
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, Single Family Residence
Building
Construction Materials: BrickNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 0613327021Model Home Type: CONDO

Price & Status

Price
List Price: $100,000
Status Change & Dates
Off Market Date: Fri Nov 08 2024Possession Timing: Close Of Escrow, Immediate, Subject To Tenant Rights

Location

Direction & Address
City: Elgin
School Information
Elementary School District: 46Jr High / Middle School District: 46High School District: 46

Building

Building Details
Builder Model: CONDO

HOA

HOA Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, ScavengerHas an HOAHOA Fee: $225/Monthly

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash

Business

Business Information
Ownership: Condo

Miscellaneous

BasementMls Number: 12188448

Additional Information

Source Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display
Last check for updates: about 12 hours ago
Listed by Rich Wolnik Jr, (847) 409-0222
Jason Mitchell Real Estate IL
Adrian Punzalan, (224) 402-3668
Jason Mitchell Real Estate IL
Bought with: Juan Navarro, (224) 877-1124, American International Realty Corp.
Source: MRED as distributed by MLS GRID, MLS#12188448

Price History for 423 E Chicago St #B

DatePriceEventSource
12/09/2024$85,000Sold
MRED as distributed by MLS GRID #12188448
11/13/2024$100,000PendingMRED as distributed by MLS GRID #12188448
10/30/2024$100,000PriceChange
MRED as distributed by MLS GRID #12188448
10/15/2024$125,000Listed For SaleMRED as distributed by MLS GRID #12188448
10/10/2024$125,000ListingRemovedMRED as distributed by MLS GRID #12128685
10/10/2024$125,000PendingToActiveMRED as distributed by MLS GRID #12128685
08/29/2024$125,000PendingMRED as distributed by MLS GRID #12128685
08/03/2024$125,000Listed For SaleMRED as distributed by MLS GRID #12128685
07/17/2024ListingRemovedMRED as distributed by MLS GRID #12017103
04/21/2024$125,000ContingentMRED as distributed by MLS GRID #12017103
04/14/2024$125,000Listed For SaleMRED as distributed by MLS GRID #12017103
03/25/2023ListingRemovedZillow Rentals
03/23/2023$1,345Listed For RentZillow Rentals
04/09/2021$94,000Sold
MRED as distributed by MLS GRID #10991312
03/19/2021$104,000ContingentMRED as distributed by MLS GRID #10991312
02/18/2021$104,000PriceChange
MRED as distributed by MLS GRID #10991312
02/09/2021$109,000Listed For SaleMRED as distributed by MLS GRID #10991312

Market trends in Elgin

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$313K
$11.67K
MoM
Sale-to-List Price
99.6%
Price per sq ft
$206
$3
MoM
Available listings
234
30
MoM
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Comparable Sales for 423 E Chicago St #B

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.61
Condo
$143,000
05/29/26
3
1
1,030
0.70
Condo
$170,000
02/24/26
2
1
864
0.78
Condo
$83,000
12/24/25
1
1
-
1.03
Condo
$191,000
12/12/25
2
1
1,075
0.75
Condo
$75,000
04/20/26
1
600
1.40
Condo
$220,000
01/30/26
2
1
1,100
1.40
Condo
$230,000
09/23/25
2
1
1,100

Nearby homes

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Assigned Schools

These are the assigned schools for 423 E Chicago St #B.
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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Homes for sale near 423 E Chicago St #B

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Off Market Homes Near 423 E Chicago St #B

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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