Accepting Backups

408 Chicago Street

Elgin, IL 60120
$509,900
6beds
4baths
sqft
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Anything from "is it priced right?" to "what's the catch?"

About this home

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!
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential Income
Year built1920
Garage spaces2
Lot size
Architectural styleAmerican 4-Sq.
Annual tax$9,156.68
CountyKane
MLS #MRD12598511
Days on market11

Schools

ElementaryChanning Memorial Elementary Sch
Middle / JuniorEllis Middle School
High schoolElgin High School

Features

Heating
Natural GasSteamRadiator(s)
Parking
YesGarage OwnedDetachedUnassignedOff AlleyDrivewayAlley AccessOwnedGarage
Construction
Stucco
Sewer
Public SewerStorm Sewer
Listed by
Realty of America, LLC
Jesus Perez · 630-878-9064

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/2/2026, 10:35:01 AM. All data should be independently verified.

This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.

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