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528 E Chicago St
Elgin, IL 60120 Gifford Park

$450,000 USD

Multifamily For Sale  •  2,942 SF

Property Details

• Property Type Multifamily
• Total Building Size 2,942 SF
• Lot Size 0.2 AC
• Building Class C
• Year Built 1875
• Cap Rate 4.43 %
• Zoning RC-3

37 Transit Score

69 Walk Score

Highlights

1.1 miles from Downtown Elgin, the Metra and Bus Depot

Property Flyers

528 E Chicago - Listing Sheet

Financial Summary (Actual)

Net Operating Income: $28,658 USD (2024)

Cap Rate:	4.43 %
Total Expenses:	$19,942 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Elgin Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	18 min	1.0 mi
National Street Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra))	4 min	-	1.5 mi
Airport	Drive	Walk	Distance
Chicago O'Hare International	34 min	-	26.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	OneCarGarage
Included in Rent:	Yes