518 E Chicago St, Elgin, IL 60120
OFF MARKET

518 E Chicago St
Elgin, IL 60120

Gifford Park
  • Studio
  • 15,015 sqft (on 0.40 acres)
Studio
15,015 sqft
(on 0.40 acres)

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
224 Jefferson Ave, Elgin, IL
0.95
Apartment
$1,615,000
05/28/26
12
10,500
3 N Liberty St, Elgin, IL
0.16
Apartment
$340,000
08/29/25
3
1
1,200
1840 W Highland Ave #E105, Elgin, IL
2.76
Apartment
$167,000
07/01/26
1
1
915
1063 Manchester Ct, South Elgin, IL
3.47
Apartment
$185,000
01/06/26
2
1
1,110
5011 Valley Ln #201, Streamwood, IL
5.18
Apartment
$150,000
01/15/26
2
2
1,000
Home facts updated by county records

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
537 E Chicago St, Elgin, IL 60120
0.05
$305,800
4
2.5
2,478
Off Market
528 E Chicago St, Elgin, IL 60120
0.02
$397,000
4
4
-
Recently Sold
10 N Porter St, Elgin, IL 60120
0.05
$335,800
3
1.5
1,355
Off Market
552 E Chicago St, Elgin, IL 60120
0.07
$48,999
-
-
-
Recently Sold
12 Rugby Pl, Elgin, IL 60120
0.08
$305,000
4
1.5
1,660
Recently Sold
28 N Porter St, Elgin, IL 60120
0.06
$367,200
4
1.5
2,058
Off Market
489 Mary Pl, Elgin, IL 60120
0.06
$261,200
3
1
1,458
Off Market
24 Rugby Pl, Elgin, IL 60120
0.09
$446,800
4
2.5
2,800
Off Market
21 N Porter St, Elgin, IL 60120
0.09
$397,600
4
2.5
2,648
Off Market
485 Mary Pl, Elgin, IL 60120
0.07
$348,800
4
1.5
1,694
Off Market
37-39 S Porter St, Elgin, IL 60120
0.13
$367,700
4
2
-
Off Market
40 Hill Ave, Elgin, IL 60120
0.08
$319,000
3
1.5
-
Off Market

Local Information

  • Map ViewExplore the area around 518 E Chicago St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Apartment
Year Built
1961
Lot Size
0.4 acres
Living Area
15,015 sqft

About this House

This apartment is located at 518 E Chicago St, Elgin, IL. 518 E Chicago St is in the Gifford Park neighborhood in Elgin, IL and in ZIP code 60120. This property has approximately 15,015 sqft of floor space. This property has a lot size of 0.40 acres and was built in 1961.
518 E Chicago St, Elgin, IL 60120 is a studio, 15,015 sqft apartment in Gifford Park, built in 1961. It last sold for $885,000 on Jul 1, 2016. It is currently off market. The Trulia Estimate rent is $1,882/month.

Home Details for 518 E Chicago St

Interior Features

Levels, Entrance, & Accessibility
Stories: 3

Property Information

Year Built
Year Built: 1961
Property Type / Style
Property Type: Apartment

Lot Information

Lot Area: 0.40 acres

Price and Tax history

DateEventPrice
Jul 1, 2016
Source: N/A
Sold
$885,000

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

Frequently asked questions about 518 E Chicago St

  • What is the price history for 518 E Chicago St?
    518 E Chicago St in Elgin, IL last sold for $885,000 in July 2016.
  • 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.

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Off Market Homes Near 518 E Chicago St

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