See Home Value
$254,500
● House - Off Market

1174 Preston Avenue

Elgin, IL 60120
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,540 Ft²
$1,268
Est. Monthly
12.55%
Cap Rate

About This Property

Beautiful Eastern facing home located in mature neighborhood. Updated kitchen, newer windows and doors. Ceiling fans, hardwood flooring & privacy fencing in the backyard. Includes abundant storage in basement, garage & shed. 2nd level includes two bedrooms with ample closet space. Stamped concrete patio & side entryway. Fenced yard with fabulous garage side porch & two patios for entertaining. Close to all major conveniences including medical, shopping, entertainment, restaurants, award winning library, casino, Elgin Community College (ECC), highway access & bus/train stations. Perfect size for first time home buyers, anyone wanting to downsize or investors looking for rental properties. But why rent when you can own?  Take a look today & make an offer!!
Unit Size
1,540 Ft²
Days on Market
-
Land Size
-
Price per sqft
$156
Property Type
House
Property Taxes
$89
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12175238)

Price History

Date / Event Date Event Price
Nov 21, 2024 Sold
Sold
Oct 19, 2024 In contract -
In contract
Oct 12, 2024 Listed by HomeSmart Connect LLC $240,000
Listed by HomeSmart Connect LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 500
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 695
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,540
  • Gross Building Area: 1,540
  • Building Area: 845
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 845
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LUDLOWS ADDN
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LUDLOWS ADDN LOT 5 BLOCK 2

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 850800

Geography

  • Parcel: 06-12-227-008
  • Block: 2
  • Lot: 5
  • Municipality: ELGIN
  • Latitude: 42.0587
  • Longitude: -88.2658

    Address

  • Full Address: 1174 Preston Ave
  • Address - House Number: 1174
  • Address - Street Name: Preston
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C008
  • 4-Digit Zip Code: 2467
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $335,686
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 207,025
  • High Value: 235,782
  • Low Value: 178,269

    Market Valuation

  • Market Total Value: $149,199
  • Market Land Value: $35,000
  • Market Improvement Value: $114,199

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,713
  • Assessed Land Value: $11,662
  • Assessed Improvements Value: $38,051

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northeast Elgin


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Currently no similar homes around

Nearby Rentals

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  • 1 Bath
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371 Fulton Street #2, IL, 60120 Listing by Joseph Trifilio
Unit for rent at 506 Barrett Street, Elgin, IL, 60120

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,430 ft²
506 Barrett Street, Elgin, IL, 60120 Listing by Jesus Perez
Unit for rent at 6085 Delaney Drive, Hoffman Estates, IL, 60192

$2,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,740 ft²
6085 Delaney Drive, Hoffman Estates, IL, 60192 Listing by Ben Kastein


Frequently Asked Questions

When was property at 1174 Preston Avenue built and last sold?
The property at 1174 Preston Avenue was built in 1952 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1174 Preston Avenue is $0.
What are some comparable homes to 1174 Preston Avenue?
There are currently no comparable homes to 1174 Preston Avenue.