NOT LISTED FOR SALE

401 E Chicago St Elgin, IL 60120

Gifford Park Neighborhood

Estimated Value: $6,509,802

2 Beds
1 Bath
714 Sq Ft
$9,117/Sq Ft Est. Value

About This Home

This home is located at 401 E Chicago St, Elgin, IL 60120 and is currently estimated at $6,509,802, approximately $9,117 per square foot. 401 E Chicago St is a home located in Kane County with nearby schools including Channing Memorial Elementary School, Ellis Middle School, and Elgin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2025
Sold by
Apartment Investors Xxiv Limited Partner
Bought by
Chicago Place Llc
Current Estimated Value
$6,509,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Outstanding Balance
$3,182,675
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$3,327,127

Purchase Details

Closed on
Jul 28, 2020
Sold by
Central City Management Llc
Bought by
Apartment Investors Xxiv Ltd Partnerhsip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,450,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 2016
Sold by
Liebling Morris
Bought by
Central City Management Llc Series C

Purchase Details

Closed on
Nov 10, 1994
Sold by
Chicago Gifford Building Corp
Bought by
Liebling Morris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,483,500
Interest Rate
9.06%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chicago Place Llc -- None Listed On Document
Apartment Investors Xxiv Ltd Partnerhsip $4,572,500 None Available
Central City Management Llc Series C -- Attorney
Liebling Morris $1,722,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Place Llc $3,200,000
Previous Owner Apartment Investors Xxiv Ltd Partnerhsip $3,450,000
Previous Owner Liebling Morris $1,483,500
Source: Public Records

Tax History

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
2024 $117,280 $1,465,481 $129,528 $1,335,953
2023 $112,860 $1,323,951 $117,019 $1,206,932
2022 $92,675 $1,068,779 $106,701 $962,078
2021 $89,149 $999,233 $99,758 $899,475
2020 $87,001 $953,921 $95,234 $858,687
2019 $84,867 $908,669 $90,716 $817,953
2018 $84,632 $856,023 $85,460 $770,563
2017 $87,615 $851,840 $85,042 $766,798
2016 $84,284 $790,277 $78,896 $711,381
2015 -- $724,360 $72,315 $652,045
2014 -- $715,417 $71,422 $643,995
2013 -- $734,288 $73,306 $660,982
Source: Public Records

Map

Illinois Kane County Elgin 60120 Gifford Park

401 E Chicago St, Elgin, IL

Not Listed for Sale

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.