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Duplex with Upper-Level Apartment
New
For Sale
$399,900

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 Bedroom 1, Bedroom 2, Bathroom 1, Basement, Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 4
Parking 3
Parking features Open, Garage
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 Natural Gas, Forced Air
Water source Public

Amenities

covered front porch
covered back enclosed porch
private balcony
gas-log fireplace
in-unit laundry
finished basement
recreation room
den
workshop
detached garage with heated office

Building Details

Year built 1900
Building materials Cedar
Listing Agency: RE/MAX Horizon · RE/MAX International
Listed By: Robert Wisdom · License #475122882
Added: Oct 16 Last Checked: Oct 17 at 12:06AM
MLS# 12787082

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.

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Investment Insights

Based on property information with market context.

Built in 1900, this duplex combines a large main residence with a separate apartment on the upper level. The main home features a formal dining room, multiple bedrooms, two full bathrooms, and a finished basement with recreation, den, workshop, and laundry areas. A covered enclosed porch has vaulted ceilings and its own heating and air conditioning. The upper apartment includes a living room with a gas-log fireplace, separate dining area, kitchen, bedroom, private balcony, and in-unit laundry.

The 0.33-acre property is located a few blocks from downtown Elgin, near the library, recreation center, and Hemmens Auditorium. Improvements also include a detached 2 1/2-car garage with an attached heated office. Public water and sewer serve the property.

Key Highlights

  • Separate upper‑level apartment with private balcony and in‑unit laundry
  • 0.33‑acre lot
  • Built in 1900

Property Analytics

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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
Single-tenant
Tenancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A 1900 residence pairs a substantial main home with a self-contained apartment and a detached garage with heated office 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 $399,900.
What are key features of this property?
This property features: Separate upper‑level apartment with private balcony and in‑unit laundry; 0.33‑acre lot; Built in 1900
More about this property
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