Matt Lysien
Suburban Life Realty, Ltd
(224) 315-8087
516 Total Sales
1 in Gifford Park
$400,000 Price
398 E Chicago St Elgin, IL 60120
Gifford Park NeighborhoodEstimated Value: $645,000 - $703,000
Studio
--
Bath
4,238
Sq Ft
$159/Sq Ft
Est. Value
Highlights
- Laundry Room
- Storage Room
- Forced Air Heating and Cooling System
About This Home
As of August 2025This 5 unit building has been updated, has excellent rental income and is ready for new ownership. Four 2 bedroom, 2 bath units, and one studio, plus coin laundry and storage. Two units have been updated with forced air, the rest of the building is boiler heat. Tenants pay electric. Appliances have been updated in 4 of the units, as well as a new concrete driveway. Original charm throughout. One is vacant to show. Sold with 16 N Gifford as it currently shares a driveway. Selling as-is.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Starck Real Estate License #475175492 Listed on: 06/16/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,467
Year Built
- Built in 1910
Lot Details
- Lot Dimensions are 131 x 53
Home Design
- Quadruplex
- Brick Exterior Construction
Interior Spaces
- 4,238 Sq Ft Home
- 2-Story Property
- Storage Room
- Laundry Room
- Finished Basement
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Radiant Heating System
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 5 Units
Building Details
- Operating Expense $20,000
- Gross Income $98,540
- Net Operating Income $78,540
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2025
Closed on
Aug 11, 2025
Sold by
Bought by
Seller's Agent
Ashlee Fox
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Patricia Briones
Era Chicago Realty Inc
List Price
$775,000
Sold Price
$650,000
Premium/Discount to List
-$125,000
-16.13%
Views
113
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,340
Avg. Annual Appreciation
3.82%
Purchase Details
Listed on
Dec 9, 2022
Closed on
Mar 9, 2023
Sold by
Bought by
Seller's Agent
Rudy Johnson
Keller Williams Inspire - Geneva
Buyer's Agent
Ashlee Fox
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Views
372
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%
Purchase Details
Closed on
Nov 4, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Gifford Park, IL
-
Matt Lysien
-
Monica Vargas
Monica Vargas
GREAT HOMES REAL ESTATE, INC.
(224) 246-8148
179 Total Sales
1 in Gifford Park
$380,000 Price
-
Juan Ventura
Juan Ventura
eXp Realty
(833) 825-8670
37 Total Sales
1 in Gifford Park
$305,000 Price
-
Ken Bruderle
Ken Bruderle
Responds QuicklySuperior Homes Realty
(224) 347-7415
55 Total Sales
2 in Gifford Park
$293K - $300K Price Range
-
Katie Holmes
Katie Holmes
Keller Williams Success Realty
(224) 802-3626
90 Total Sales
1 in Gifford Park
$200,000 Price
-
Kimberly Zahand
Kimberly Zahand
Keller Williams North Shore West
(708) 859-7009
390 Total Sales
1 in Gifford Park
$350,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $650,000 | None Listed On Document | ||
| $600,000 | None Listed On Document | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/25/2025 08/25/25 | Sold | $650,000 | -16.1% | $153 / Sq Ft | |
| 07/22/2025 07/22/25 | Pending | -- | -- | -- | |
| 06/16/2025 06/16/25 | For Sale | $775,000 | 0.0% | $183 / Sq Ft | |
| 08/08/2023 08/08/23 | For Rent | $1,900 | 0.0% | -- | |
| 07/05/2023 07/05/23 | Price Changed | $1,900 | 0.0% | -- | |
| 07/03/2023 07/03/23 | For Rent | $1,900 | 0.0% | -- | |
| 03/15/2023 03/15/23 | Sold | $500,000 | -9.1% | $118 / Sq Ft | View Prior Sale |
| 02/14/2023 02/14/23 | Pending | -- | -- | -- | |
| 02/06/2023 02/06/23 | For Sale | $550,000 | +10.0% | $130 / Sq Ft | |
| 01/26/2023 01/26/23 | Off Market | $500,000 | -- | -- | |
| 01/06/2023 01/06/23 | Price Changed | $550,000 | -8.3% | $130 / Sq Ft | |
| 12/09/2022 12/09/22 | For Sale | $600,000 | -- | $142 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,799 | $128,439 | $18,505 | $109,934 |
| 2024 | $9,799 | $118,300 | $17,044 | $101,256 |
| 2023 | $9,111 | $106,875 | $15,398 | $91,477 |
| 2022 | $8,450 | $97,451 | $14,040 | $83,411 |
| 2021 | $8,128 | $91,109 | $13,126 | $77,983 |
| 2020 | $7,933 | $86,978 | $12,531 | $74,447 |
| 2019 | $7,738 | $82,852 | $11,937 | $70,915 |
| 2018 | $7,717 | $78,051 | $11,245 | $66,806 |
| 2017 | $7,589 | $73,787 | $10,631 | $63,156 |
| 2016 | $7,301 | $68,455 | $9,863 | $58,592 |
| 2015 | -- | $62,745 | $9,040 | $53,705 |
| 2014 | -- | $61,970 | $8,928 | $53,042 |
| 2013 | -- | $63,605 | $9,164 | $54,441 |
Source: Public Records
Agents Affiliated with this Home
-
Ashlee Fox
Seller's Agent in 2025
Ashlee Fox
Berkshire Hathaway HomeServices Starck Real Estate
(847) 809-8424
4 in this area
131 Total Sales
-
Patricia Briones
P
Buyer's Agent in 2025
Patricia Briones
Era Chicago Realty Inc
(630) 479-2466
2 in this area
68 Total Sales
-
R
Seller's Agent in 2023
Rudy Johnson
Keller Williams Inspire - Geneva
-
Sharon Mennerick
Seller Co-Listing Agent in 2023
Sharon Mennerick
HomeSmart Connect LLC
(630) 408-5844
10 in this area
85 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12392663
APN: 06-13-182-029
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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