Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
9 Properties Within 0.5 miles of: 398 E Chicago, Elgin
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398 E Chicago
Elgin, IL 60120

  • Built In 1910
Price

$775,000

Est Payment
$4,897 / month (details)  
Taxes
$9,467  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
131 X 53  
Built
1910  
Neighborhood
Elgin  
MLS
#12392663
Status
Active (14 days)

Property Description

This 5 unit building has been updated, has excellent rental income and is ready for new ownership. Four 2 bedroom, 2 bath units, and one studio, plus coin laundry and storage. Two units have been updated with forced air, the rest of the building is boiler heat. Tenants pay electric. Appliances have been updated in 4 of the units, as well as a new concrete driveway. Original charm throughout. One is vacant to show. Sold with 16 N Gifford as it currently shares a driveway. Selling as-is.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Central Air, Window Unit(s)
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

06-16-2025 Listed at $775,000
Last Modified 6/22/25 12:05 AM

Nearby Transportation

  • Milwaukee West 0.5 mi
  • Hwy 20 West 1.1 mi
  • Hwy 20 East 1.2 mi
  • I 90 West 2.0 mi
  • I 90 East 2.0 mi
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