Last Sold Price
5 beds
389 Prairie St, Elgin, IL 60120

Description

Great investment opportunity in the Historic District of Elgin. This 2 Flat Unit is a must see with a lot of possibilities! Live in one unit, rent out the other! Owner has owned the property for over 12 years. The 1st floor unit is a 3 bedroom 1 bath and currently occupied with the same tenant since 2006! The 2nd floor unit is a 2 bedroom, 1 bath. There are two electric and gas meters and one water meter. Rents are below market rate and are month to month. Property is located on a tree lined street...Great investment opportunity in the Historic District of Elgin. This 2 Flat Unit is a must see with a lot of possibilities! Live in one unit, rent out the other! Owner has owned the property for over 12 years. The 1st floor unit is a 3 bedroom 1 bath and currently occupied with the same tenant since 2006! The 2nd floor unit is a 2 bedroom, 1 bath. There are two electric and gas meters and one water meter. Rents are below market rate and are month to month. Property is located on a tree lined street within walking distance to the Metra Station, Riverboat Casino, Downtown, Library, and More! Property needs work and is being Sold AS IS. See City of Elgin Rental License Inspection Report. Buyer responsible for all rental license repairs.
LISTING CLOSED: 06/10/2022 12:00 AM

  1. Listed by Valerie Grohe • Berkshire Hathaway HomeServices Starck Real Estate
    P: (630) 865-7086 C: (630) 865-7086 mikenval@starckre.com
  2. Listed by Michael Grohe • Berkshire Hathaway HomeServices Starck Real Estate
    P: (630) 364-0034 C: (630) 364-0034 mikenval@starckre.com

Sold By Casablanca

Property Details for 389 Prairie Street

Status
MLS #
11300630
Days on Market
44
Taxes
$3,497 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Two to Four Units / 2 Flat
Year Built
-
Lot Size
0.07 AC / 2,970 SF
Area
Elgin
Township
Elgin
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Num Of Cars
0.0
Heat/Fuel
Natural Gas, Forced Air
Architectural Style
Colonial
Zoning
MULTI

Recent comparable sales

Median sold price

$235,000

Avg days on market

13

Sale-to-list ratio

102.3%

Elgin, IL

9 comparable properties found

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Bedrooms
Unavailable
Square Feet
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Acres
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Bedrooms
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Square Feet
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Acres
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Square Feet
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Acres
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Bedrooms
Unavailable
Square Feet
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Acres
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Bedrooms
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Square Feet
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Square Feet
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Acres
a front view of a house with a garden and plants
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Sold 08/12/25

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Bedrooms
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Square Feet
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Acres
a front view of house with yard and trees in the background
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8

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Sold 04/21/26

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Bedrooms
Unavailable
Square Feet
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Acres
$235,000 | 456 Walnut Avenue, Elgin, IL 60123
1/5
9

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Sold 04/10/25

4
Bedrooms
Unavailable
Square Feet
0.12
Acres

Location

Add your commute

Building Information for 389 Prairie Street

Stories-Residences2Year Built-Building Size-Lot Size0.07 AC / 2,970 SF

Payment Calculator

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$1,232 per month

30 year fixed, 6.55% Interest

Principal and Interest

$940

Property Taxes

$291

HOA Dues

$0

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Property Information for 389 Prairie Street

General Information
School Information
  • Elementary School District: 46
  • High School District: 46
  • Middle Or Junior School District: 46
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Driveway
  • Parking On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 9
  • Bedrooms Total: 5
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 5
  • Basement Description: Unfinished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Other Equipment: CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Property/Lot Information
  • Exterior Property Features: Porch
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 49.5X60
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Frame
  • Roof Type: Asphalt
  • Foundation Details: Stone
  • General Information: Historical District
  • North Coordinate: 11
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 33
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: No
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 3
  • Document Date: 2022-01-18T17:56:24
  • Photos Count: 19
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MTM
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0

Property History for 389 Prairie Street

DateEvent & SourcePriceAppreciation
Jun 10, 2022

Sold

MRED #11300630

$185,000
Apr 5, 2022

Sold (Public Record)

Public Record #1493098294

$185,000

+2.7% / yr

Feb 20, 2022

Contingent

MRED #11300630

DateEvent & SourcePrice
06/10/2022

Sold

MRED #11300630

$185,000
04/05/2022

Sold (Public Record)

Public Record #1493098294

$185,000

+2.7% / yr

02/20/2022

Contingent

MRED #11300630

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 389 Prairie Street

Taxable ValueLand$12,336Additions$58,462Total$70,798
Tax Record2025$5,401 ($450 / month)
Home Facts
Beds5Baths2Total Finished SqFt1,848 SqFtAbove Grade Finished SqFt1,848 SqFtStories2Lot Size2,970 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated1900CountyKANEAPN06-13-376-017

Schools near 389 Prairie Street

This home is within School District U-46.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Channing Memorial Elementary School
PublicK to 6

Ellis Middle School
Public7 to 8

Elgin High School
Public9 to 12

Central School Program
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Starck Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/10/2022 07:45 PM. 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.