408 E Chicago Street, Elgin, IL 60120

Closed

6 beds 0 baths Built 1920 Residential Income MLS #MRD12598511 10 days on market

Listing courtesy of Realty of America, LLC · 708-768-7412 · il.broker@realtyofamerica.com · MLS #MRD12598511 · Status: Closed

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!

Property details

Interior

Basement: Unfinished, Exterior Entry, Full
Total rooms: 19

Building & exterior

Style: American 4-Sq.
Age: 100+ Years
Exterior: Stucco
Exterior features: Balcony, Roof Deck
Roof: Asphalt
Foundation: Block, Stone
Windows: Screens
Patio & porch: Deck, Porch

Parking

Garage spaces: 2
Total spaces: 8
Parking details: Yes, Garage Owned, Detached, Unassigned, Off Alley, Driveway, Alley Access, Owned, Garage

Lot & location

Lot dimensions: 63X143X65X144
Township: Elgin
County: Kane

Utilities

Heating: Natural Gas, Steam, Radiator(s)
Water: Public
Sewer: Public Sewer, Storm Sewer
Equipment: Water Heater-Gas

HOA & community

Community features: Sidewalks, Street Lights, Street Paved

Schools

Elementary: Channing Memorial Elementary Sch (46)
Junior high: Ellis Middle School (46)
High school: Elgin High School (46)

Taxes & terms

Annual taxes: $9,156 (2024)
Parcel number (PIN): 0613183014
PIN: 0613183014
Ownership: Fee Simple
Possession: Closing, Tenant's Rights
Special conditions: None
Listed: 3/23/2026
Sold: 5/6/2026
Sold price: $515,000

Want to see this home?

The Dawn Simmons Team (RE/MAX Suburban) can show you any listed property and give you a straight answer on what it's really worth. Call/text Josh at (224) 628-4013.

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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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