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Historic Duplex with Upper Apartment
New
For Sale
$449,900

386 E Chicago Street, Elgin, IL 60120

Residential Income, Elgin, IL

Property SizeContact for details
Lot Size0.33 Acres
Days on Market2

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 Bathroom 2, Basement, Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4
Parking 3
Parking features Garage, Open
Basement Finished, Full
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: Sep 4 Changed: Sep 5 Last Checked: Sep 5 at 12:06PM
MLS# 12751974

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 substantial primary residence with a separate upper-level apartment. The main home includes a foyer, formal dining room, updated kitchen, enclosed rear porch, multiple bedrooms, two full bathrooms, and a finished basement with recreation, den, workshop, and laundry areas. The apartment adds a living room with gas-log fireplace, vaulted ceilings, private balcony, separate dining area, updated kitchen, bedroom, and in-unit laundry.

The property occupies a 0.33-acre lot in Elgin and includes a detached 2 1/2-car garage with an attached heated office. Public water and public sewer serve the property, with natural gas and forced-air heat. Located near downtown Elgin and offered as an estate sale in as-is condition, the property supports residential use with additional space for guests, family members, or a tenant.

Key Highlights

  • 1900 cedar‑sided duplex with a separate upper‑level apartment
  • 0.33‑acre lot near downtown Elgin
  • Main residence includes a finished basement with recreation room, den, workshop, and laundry

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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Distinctive historic residence with a separate apartment, finished basement, detached garage, and flexible multigenerational or rental configuration.
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 $449,900.
What are key features of this property?
This property features: 1900 cedar‑sided duplex with a separate upper‑level apartment; 0.33‑acre lot near downtown Elgin; Main residence includes a finished basement with recreation room, den, workshop, and laundry
More about this property
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