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386 E Chicago St , Elgin, IL 60120
$399,900
Est. Payment: $2,145.65/mo
5 Bed
4 Bath
0.33 Acres
Status: contingent | Days on site: 7
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7450 - 70036,77640,70036
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House Description

Now is your opportunity to own one of Elgin's finest historic homes! Located just blocks from downtown Elgin, this grand residence offers timeless character, generous living space and exceptional flexibility for modern living. This is not your typical duplex-it is a distinguished historic home with a separate upper-level apartment, making it an excellent opportunity for a primary residence with space for multigenerational living, guests or rental income. Set on a deep, level lot with mature trees, this beautiful home welcomes you with a huge covered front porch, perfect for relaxing on summer evenings. Step inside to a grand foyer/parlor showcasing beautiful custom millwork, a large separate living room with crown and oversized moldings, and a formal dining room with exposed wood beams and a butler's swinging door leading to the updated kitchen. The kitchen features oak cabinetry, extra recessed lighting and wood laminate flooring. A back covered, enclosed porch with separate heating and air conditioning and vaulted ceilings provides a wonderful space for summer gatherings. The main residence offers a huge primary bedroom with a private fireplace and walk-in closet, graciously sized secondary bedrooms and a rare back-to-back arrangement of two full bathrooms-one with a whirlpool tub and the other with a walk-in shower. The full finished basement adds even more living and hobby space, including a recreation room, den, workshop area and additional laundry. The separate upper-level apartment is a tremendous bonus and a key part of this property's versatility. Currently rented for $925 per month, it features a spacious living room with a cozy gas-log fireplace, vaulted ceilings and a French door leading to a private balcony. A separate dining area with built-in hutch, updated kitchen with oak cabinetry and tile flooring, spacious bedroom with secondary exit for added safety and in-unit laundry make this a comfortable and functional living space. Whether used for family members, extended-stay guests, or a tenant, this apartment offers flexibility rarely found in a traditional single-family home. The main home is loaded with charm and character, while the unique detached 2 1/2-car garage with attached heated office provides an excellent space for an in-home business, studio, or work area. All of this is situated just blocks from downtown Elgin, with its beautiful library, recreation center, Hemmens Auditorium and much more. Nothing else even close on the market like this! Tremendous space, historic character and flexibility for the value. A truly special opportunity to own a grand historic home that can adapt to the way you live-whether that means enjoying it as your primary residence, sharing it with family, welcoming guests or taking advantage of rental income from the separate apartment. This is an estate sale being sold as is!

Highlights

Listed by Robert Wisdom , 847-695-8348 and Lisa Wisdom , (847) 695-8348 RE/MAX Horizon , 847-931-7500. Midwest Real Estate Data mls logo

Property Type

Multi-Family

Lot/Acreage
0.33

Year Built

1900

County

Kane

Area

Elgin

School District

46

Listing ID

12787082

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:4
Basement:Finished,Full
Water:Public

Exterior Features

Lot Dimensions:55x262
Sewer:Public Sewer
Parking Features:Garage Door Opener,Yes,Garage Owned,Detached,Garage
Principal Interest
$2,146
Taxes
$522

Home Price

$399,900

Loan Details

30 yrs
7.08%

Down Payment

20%
$79,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,145.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,145.65 $521.96 $0.00 $2,667.61
Yearly $25,747.82 $6,263.48 $0.00 $32,011.30
Total $772,434.71 $187,904.40 $0.00 $960,339.11
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Master Chief
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Market insight data is pulled from the same city as the listing being viewed (Elgin, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-26T20:59:06.000Z

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