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$700,000

  • For Sale
  • Active
  • Commercial
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This unique opportunity features auto body shop plus a 5-bedroom, 2-bath home on the same property. The shop offers five bays, a spray booth, an office, and ample parking. For full details and information on the adjacent parcel, refer to MLS #12510336. Please contact the listing agent directly-do not disturb tenants. Serious and qualified buyers only. Please call City of Elgin for other possibilities with this property.

Full Property Details for 314 W Chicago St

General

  • Price: $700,000
  • Taxes: $5,788 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12510380
  • Updated: 11/24/2025
  • Added to Site: 154 day(s) ago

Location

  • Area: Elgin
  • County: Kane
  • Township: Elgin
  • Driving Directions: State St (RT 31) or Larkin to Highland, South on Jackson, East on Chicago
  • Location Details: Northwest Suburban

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Structural Information

  • Stories/Levels: 2
  • Current Bldg. Use: Automotive

Unit Information

  • # Tenants: 2

Lot Features

  • Lot Dimensions: 66 x 132
  • Zoning: OTHER

Financial Considerations

  • Tax Amount: $5,788.51
  • Tax Year: 2024
  • Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger, Sewer

Disclosures and Reports

  • Property ID: 614405012

Listed by Realty of America, LLC

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— 314 W Chicago St —

  • Realty of America, LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 314 W Chicago St

School District:School District U-46
NameGradesDistance
Washington Elementary School, Elgin, IL
819 West Chicago Street, Elgin, IL 60123
K-60.5 mi
Abbott Middle School, Elgin, IL
949 Van Street, Elgin, IL 60123
7-80.7 mi
Larkin High School
1475 Larkin Avenue, Elgin, IL 60123
9-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 314 W Chicago St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/17/2025
Listed
$700,000
141.38%
MLS
11/04/2020
Sold
$290,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 314 W Chicago St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,401
4%
$67,488
11%
2023
$5,197
8%
$60,970
10%
2022
$4,821
4%
$55,594
7%
2021
$4,637
—
$51,977
5%
2021
$4,637
5%
$49,620
5%
2019
$4,414
-5%
$47,266
4%
2017
$4,655
-4%
$45,262
-1%
2016
$4,868
—
$45,642
9%
2015
$4,851
10%
$41,835
-6%
2018
$4,402
-33%
$44,527
-15%
2014
$6,609
20%
$52,622
-3%
2013
$5,501
—
$54,010
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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314 W Chicago Street, Elgin, IL 60123 (MLS# 12510380) is a Commercial property. 314 W Chicago Street is currently listed for $700,000 and was received on November 17, 2025. Want to learn more about 314 W Chicago Street? Do you have questions about finding other Commercial real estate for sale in Elgin? You can browse all Elgin real estate or contact a Coldwell Banker agent to request more information.

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