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Historic Duplex with Detached Garage
For Sale
$474,900

386 E Chicago Street, Elgin, IL 60120

Residential Income, Elgin, IL

Property SizeContact for details
Lot Size0.33 Acres
Days on Market49

Property Features for 386 E Chicago Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 4, Bedroom 3, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 2, Bathroom 1, Basement, Bedroom 1, Bathroom 2
Parking 3
Parking features Garage, Open
Basement Full, Finished
Elementary school district 46
Middle school district 46
High school district 46
Directions Rt 25 2 Chicago St W2 Home
Subdivision Elgin
Standard status Active
APN 0613182018
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6263

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1900
Building materials Cedar
Listing Agency: RE/MAX Horizon · RE/MAX International
Listed By: Robert Wisdom · License #475122882
Added: Jul 9 Changed: Aug 26 Last Checked: Aug 26 at 8:06AM
MLS# 12691540

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1900, this cedar-sided duplex combines a primary residence with a separately rented upper-level unit. The main home includes a foyer, formal living and dining rooms, an updated kitchen, multiple bedrooms and bathrooms, a finished basement with recreation, den, workshop, and laundry areas, plus a covered enclosed porch with dedicated heating and air conditioning. The upper unit adds a living room with gas log fireplace, vaulted ceilings, private balcony, dining area, updated kitchen, bedroom, and in-unit laundry.

The property occupies a 0.33-acre lot with mature trees and a large covered front porch. A detached 2-1/2-car garage includes an attached heated office that can serve as a work area. Public water and sewer are in place, with forced-air natural-gas heating. The property is located near downtown Elgin and is being offered as-is as part of an estate sale.

Key Highlights

  • Duplex configuration with a primary home and separately rented upper‑level unit
  • 0.33‑acre lot with mature trees and covered front and rear porches
  • Detached 2‑1/2‑car garage with attached heated office

Property Analytics

Current Use

Advanced Engineering & Surveying Land Surveyor

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Discount Store Home Appliance Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,576
Businesses Nearby

Demographics for 60120, IL

50,799
Population
17,112
Households
3
Avg Household Size
35
Median Age
19%
College-Educated
74%
High-School Grad
17.4 sq mi
ZIP Area
2,919
Density / Sq Mi
$80,305
Median Household Income
$37,495
Median Earnings
$1,250
Median Rent
$227,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with a separately rented upper residence, finished basement, enclosed porch, and dedicated work space.
Where is this duplex located?
The property is located at 386 E Chicago Street Elgin, IL.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: Duplex configuration with a primary home and separately rented upper‑level unit; 0.33‑acre lot with mature trees and covered front and rear porches; Detached 2‑1/2‑car garage with attached heated office
More about this property
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