See Home Value
$470,000
● House - Off Market

1223 Ridgeway Drive

Elgin, IL 60123
bedrooms
5 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,196 Ft²
$2,972
Est. Monthly
7.02%
Cap Rate

About This Property

*Multiple Offers received Highest and Best by Sunday 10/5 @7pm*Welcome to 1223 Ridgeway Drive, a home that has been thoughtfully cared for and updated over the years with both style and function in mind. Step inside and you'll immediately notice the brand-new hardwood floors, cozy electric fireplace with a custom mantel, and built-ins that perfectly blend charm and practicality. The chef's kitchen is a true centerpiece, featuring quartz countertops, a large island, pantry, laundry chute, 6-burner cooktop, and double ovens ready for everything from weeknight dinners to holiday gatherings.  This home offers two spacious bedrooms on the first floor, along with beautifully renovated bathrooms featuring tile soaking tub, dual vanity, recessed lighting, and all-new plumbing. Upstairs, you'll find three additional bedrooms and another full bath, providing plenty of space for family, guests, or a home office. The finished basement adds even more versatility with a kitchenette, new bathroom, built-in shelves, and plenty of space for entertaining, hobbies, or extra living areas.  Step outside to your backyard oasis, where a pool, pergola with lighting, fire pit, treehouses, and a shed (with eletrical) create the perfect setting for relaxing, entertaining, and making memories. Oh and did we mention the oversized 2 and a half+ car garage? With major systems already updated including a new AC and furnace (2024), foundation water mitigation (2025), and fresh exterior paint (2021) you can move in with complete peace of mind. Every corner of this home reflects care, thought, and attention to detail from the new hardwood floors and lighting upgrades to the carefully planned storage and built-ins. 1223 Ridgeway Drive isn't just a house it's a home ready for your next chapter.
Unit Size
2,196 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$205
Property Type
House
Property Taxes
$762
HOA Dues
-
Year Built
1969

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,325
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,528
  • Lot Size Frontage Feet: 950
  • Total Building Area: 3,521
  • Gross Building Area: 3,521
  • Building Area: 2,196
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,196
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CENTURY OAKS 7TH ADDN
  • Land Acres: 0000000493
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: CENTURY OAKS 7TH ADDN LOT 86

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851000

Geography

  • Parcel: 06-03-427-005
  • Lot: 86
  • Municipality: ELGIN
  • Latitude: 42.0637
  • Longitude: -88.3074

    Address

  • Full Address: 1223 Ridgeway Dr
  • Address - House Number: 1223
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: C035
  • 4-Digit Zip Code: 1449
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $821,104
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 372,865
  • High Value: 431,104
  • Low Value: 314,626

    Market Valuation

  • Market Total Value: $302,203
  • Market Land Value: $62,431
  • Market Improvement Value: $239,772

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,694
  • Assessed Land Value: $20,802
  • Assessed Improvements Value: $79,892

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 25, 2013
  • Current Sale Recording Date: Dec 03, 2013
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013K084152
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

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Frequently Asked Questions

When was property at 1223 Ridgeway Drive built and last sold?
The property at 1223 Ridgeway Drive was built in 1969 and last sold on Nov 25, 2013 for $172,000.
How much is this home worth?
The estimated value of the home located at 1223 Ridgeway Drive is $454,500.
What are some comparable homes to 1223 Ridgeway Drive?
There are currently no comparable homes to 1223 Ridgeway Drive.