See Home Value
$167,000
● House - Off Market

200 Jefferson Avenue

Elgin, IL 60120
bedrooms
2 Beds
bathrooms
1 Bath
square feet
817 Ft²
$1,047
Est. Monthly
13.52%
Cap Rate

About This Property

**Received multiple offers - Please submit your best and highest offer by 6pm 9/13/2025**   Affordable Starter or Investor Special - Sold As Is  This charming two-bedroom, one-bath ranch at 200 Jefferson Ave in Elgin offers an excellent opportunity for investors or first-time home buyers. It sits on a manageable lot and dates back to the early 1900s. Inside, a sunny living room opens to a separate dining room-both recently refreshed with modern flooring and neutral paint. The kitchen features stainless-steel appliances, white shaker cabinets and generous counter space, while a bonus room just off the kitchen makes an ideal home office, playroom or morning-coffee retreat. Downstairs, a full basement with a laundry area offers room to expand or create a workshop, and the attic adds convenient storage.  The property is being sold strictly as is which is why the pricing is so reasonable. The home remains in the same condition as the prior sale two years ago, so buyers can enjoy the recent updates while still adding value with their own improvements.  Children here attend McKinley Elementary School, Larsen Middle School and Elgin High School, all part of School District U 46. The district partners closely with local businesses and offers nationally accredited career and technical programs. It also provides advanced academic programs and magnet academies, supporting students from early childhood through college preparation.  Elgin is known for its charming neighborhoods, diverse housing options and quality schools. Residents enjoy abundant parks, cultural attractions and a vibrant dining scene, all while benefiting from historically low crime rates. The city operates numerous parks-including Lords Park with a small zoo and Wing Park with an outdoor pool-and award winning golf courses. Bicyclists and hikers can explore the extensive Fox River Trail and its Prairie Path extension. Elgin also offers a relaxed lifestyle yet is only about an hour from Chicago via the Jane Addams Tollway or the Metra commuter rail. U.S. Route 20 and I 90 make commuting simple; National Street Station provides 90 minute rides into the city, and O'Hare International Airport is roughly 25 miles away. Nearby you'll find local diners and cafes, plus family run restaurants like Ray's Diner. Residents can quickly reach shopping along Randall Road and numerous small businesses in downtown Elgin. Nearby parks and nature preserves-such as Drake Field Park and Bluff Spring Fen-offer green space for sports and wildlife watching.  With its refreshed interiors, full basement and bonus space, this home is already comfortable yet brimming with potential. Because it's priced to reflect an as is sale, it's an affordable way to enter the market or add to an investment portfolio. Combine the solid bones of a classic ranch with Elgin's award winning schools and exceptional quality of life, and you have the perfect foundation for future growth.
Unit Size
817 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$184
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1900

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Property Highlights


Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 817
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,838
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,634
  • Gross Building Area: 1,634
  • Building Area: 817
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 817
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTY CLERKS SUB
  • Land Acres: 0000000650
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: COUNTY CLERKS SUB EAST 43 FT LOT 197

Neighborhood

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

Geography

  • Parcel: 06-12-304-026
  • Lot: 197
  • Municipality: ELGIN
  • Latitude: 42.0483
  • Longitude: -88.282

    Address

  • Full Address: 200 Jefferson Ave
  • Address - House Number: 200
  • Address - Street Name: Jefferson
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C003
  • 4-Digit Zip Code: 3703
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $344,548
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.0879
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 92
  • Final Value: 129,377
  • High Value: 140,759
  • Low Value: 117,995

    Market Valuation

  • Market Total Value: $119,253
  • Market Land Value: $22,326
  • Market Improvement Value: $96,927

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,735
  • Assessed Land Value: $7,439
  • Assessed Improvements Value: $32,296

    Sales

  • Current Sale Contract Date: Apr 26, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13585
  • Previous Sale Recording Date: Jun 29, 2022
  • Previous Sale Contract Date: May 13, 2022
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 71
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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Nearby Rentals

Unit for rent at 113 Elm Street, Elgin, IL, 60123

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 858 ft²
113 Elm Street #B, Elgin, IL, 60123 Listing by Natalie Kofie
Unit for rent at 40 Dupage Court, Elgin, IL, 60120

$2,075 /mo

  • 2 Beds
  • 2 Baths
  • 969 ft²
40 Dupage Court #409, Elgin, IL, 60120 Listing by Andrew Stoll


Frequently Asked Questions

When was property at 200 Jefferson Avenue built and last sold?
The property at 200 Jefferson Avenue was built in 1900 and last sold on Apr 26, 2023 for $143,000.
How much is this home worth?
The estimated value of the home located at 200 Jefferson Avenue is $155,489.
What are some comparable homes to 200 Jefferson Avenue?
There are currently no comparable homes to 200 Jefferson Avenue.