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.
Multi-familyProperty Type
Listed by Valerie Grohe• Berkshire Hathaway HomeServices Starck Real Estate
Listed by Michael Grohe• Berkshire Hathaway HomeServices Starck Real Estate
Bank owned property being sold "AS-IS" No survey or disclosures. Addendums to follow. Verification of earnest money in certified funds required at time of offer. Verification of funds or current pre-qual letter required at time of offer. Allow 48-72 hours for response. 100% tax proration. Buyer to verify all information.
MRED as Distributed by MLS Grid #07127977
Jun 19, 2009
Listing Removed
—
Jun 1, 2009
Relisted
—
Apr 29, 2009
Listing Removed
—
Mar 20, 2009
Price Changed
*
Feb 5, 2009
Listed
*
MRED as Distributed by MLS Grid #06896517
May 19, 2008
Listing Removed
—
May 14, 2008
Listed
*
MRED as Distributed by MLS Grid #06816661
Apr 3, 2008
Listing Removed
—
Mar 3, 2008
Listed
*
MRED as Distributed by MLS Grid #06710828
Dec 22, 2007
Listing Removed
—
Oct 22, 2007
Listed
*
MRED as Distributed by MLS Grid #06464965
Apr 22, 2007
Listing Removed
—
Apr 3, 2007
Listed
*
MRED as Distributed by MLS Grid #06356123
Jan 11, 2007
Listing Removed
—
Dec 8, 2006
Listed
*
Public Records
Dec 29, 2003
Sold
$142,000
Public Records
Mar 24, 1997
Sold
$92,000
Year
Property tax
Land + Additions
Assessment*
2025
$5,401 (+3.5%)
$12,336 + $58,462
$70,798
2024
$5,219 (+3.9%)
$12,336 + $58,462
$70,798
2023
$5,022 (+32.6%)
$11,362 + $53,847
$65,209
2022
$3,788 (+5.0%)
$10,265 + $48,647
$58,912
2021
$3,609 (+3.2%)
$9,360 + $40,325
$49,685
2020
$3,497 (+3.3%)
$8,751 + $37,701
$46,452
2019
$3,385 (+1.3%)
$7,958 + $34,284
$42,242
2018
$3,341 (+2.7%)
$7,958 + $34,284
$42,242
2017
$3,252 (+5.5%)
$7,497 + $32,298
$39,795
2016
$3,082 (+2.3%)
$7,087 + $30,533
$37,620
2015
$3,013 (+12.0%)
$6,575 + $28,326
$34,901
2013
$2,691 (−22.7%)
$6,110 + $26,318
$32,428
2012
$3,479 (−23.7%)
$6,110 + $26,318
$32,428
2011
$4,559 (−5.7%)
$6,600 + $33,443
$40,043
2010
$4,834 (+2.9%)
$8,177 + $53,065
$61,242
2009
$4,700 (+4.1%)
$8,177 + $53,065
$61,242
2008
$4,515 (+1.5%)
$8,766 + $56,888
$65,654
2007
$4,449
$8,484 + $55,060
$63,544
Tax history for 389 Prairie St
Year
Property tax
Land + Additions
Assessment*
2025
$5,401 (+3.5%)
$12,336 + $58,462
$70,798
2024
$5,219 (+3.9%)
$12,336 + $58,462
$70,798
2023
$5,022 (+32.6%)
$11,362 + $53,847
$65,209
2022
$3,788 (+5.0%)
$10,265 + $48,647
$58,912
2021
$3,609 (+3.2%)
$9,360 + $40,325
$49,685
2020
$3,497 (+3.3%)
$8,751 + $37,701
$46,452
2019
$3,385 (+1.3%)
$7,958 + $34,284
$42,242
2018
$3,341 (+2.7%)
$7,958 + $34,284
$42,242
2017
$3,252 (+5.5%)
$7,497 + $32,298
$39,795
2016
$3,082 (+2.3%)
$7,087 + $30,533
$37,620
2015
$3,013 (+12.0%)
$6,575 + $28,326
$34,901
2013
$2,691 (−22.7%)
$6,110 + $26,318
$32,428
2012
$3,479 (−23.7%)
$6,110 + $26,318
$32,428
2011
$4,559 (−5.7%)
$6,600 + $33,443
$40,043
2010
$4,834 (+2.9%)
$8,177 + $53,065
$61,242
2009
$4,700 (+4.1%)
$8,177 + $53,065
$61,242
2008
$4,515 (+1.5%)
$8,766 + $56,888
$65,654
2007
$4,449
$8,484 + $55,060
$63,544
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
5
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
2,970 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Kane County
APN
0613376017
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
Property details
Parking
Parking Information
Parking On-Site: Yes
Parking Features: Driveway
Parking: Space/s
Parking Ownership: Owned
Interior
Bathroom Information
# of Baths (Full): 2
Bedroom Information
# of Bedrooms: 5
# of Bedrooms Possible: 5
Additional Rooms Information
Basement: Full
Basement Description: Unfinished
Interior Features
# of Rooms: 9
Equipment
CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Exterior
Exterior Features
Exterior Features: Porch
Building Information
# Of Units in Building: 2
Exterior Building Type: Frame
Age: 91-100 Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Foundation Details: Stone
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: Historical District
Parcel Number: 0613376017
Lot Information
Dimensions: 49.5X60
Lot Size: Less Than .25 Acre
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $3,497.20
Tax Year: 2020
Tax Exemptions: Homeowner
Financial Information
Finance Code: FHA
Special Service Area: N
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas, Forced Air
Location
Community Information
Community Features: Sidewalks, Street Lights, Street Paved
Unit Type 1 Information
Floor Number: 1
# of Rooms: 5
# of Bedrooms: 3
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: 750
Rent: $750
Tenant Pays: Electric,Gas
Lease Expiration Date: MTM
Unit Type 2 Information
Floor Number: 2
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Tenant Pays: Electric,Gas
Lease Expiration Date: 0
School Information
Elementary School District: 46
Middle Or Junior School District: 46
High School District: 46
Location Information
Township: Elgin
Corporate Limits: Elgin
Directions: Villa St S of Chicago St E to Prairie St
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: —
Stories: —
Lot Size: 2,970 square feet
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Kane County
APN: 0613376017
Home facts updated by county records on Sep 8, 2026
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Around this home
Schools
Channing Memorial Elementary School
Public K-6 • Assigned • 0.2mi
3/10
Ellis Middle School
Public 7-8 • Assigned • 0.5mi
4/10
Elgin High School
Public 9-12 • Assigned • 1.7mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Elgin, IL • 60120
Average low and high temperatures (°F)
28
13
37
20
54
33
62
42
70
47
81
61
85
67
81
62
79
56
67
47
49
36
35
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.2 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.
10.2 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$249,000 – $302,000
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