When was property at 2343 Chesapeake Bay built and last sold?

The property at 2343 Chesapeake Bay was built in 1999 and last sold on Aug 27, 1999 for $219,500.

How much is this home worth?

The estimated value of the home located at 2343 Chesapeake Bay is $367,315.

What are some comparable homes to 2343 Chesapeake Bay?

There are currently no comparable homes to 2343 Chesapeake Bay.

Elgin

60123

Southwest Elgin

2343 CHESAPEAKE BAY Court

$350,000

● House - Off Market

2343 CHESAPEAKE BAY Court

Elgin, IL 60123

4 Beds

3 Baths, 1 Half Bath

2,358 Ft²

$2,612

Est. Monthly

$14

HOA / Fees

8.50%

Cap Rate

About This Property

Instant Equity Opportunity! Don't miss your chance to own this 4-bedroom, 2.5-bath home with a spacious 2.5-car garage, full basement, and cozy fireplace-located on a peaceful cul-de-sac. A similar home in the neighborhood recently sold for 70K more, making this property an incredible value! While this home needs a little TLC, it's priced to sell and offers endless potential to create your dream space. Perfect for homeowners looking to add value and build equity. Schedule your showing today and take the first step toward unlocking this home's full potential. Being sold as-is.

Unit Size

2,358 Ft²

Days on Market

Land Size

0.23 acres

Price per sqft

$153

Property Type

House

Property Taxes

$831

HOA Dues

$14

Year Built

1999

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12219159)

Price History

Date / Event	Date	Event
Feb 7, 2025	Sold	Premium
Sold
Dec 27, 2024	In contract	-
In contract
Dec 15, 2024	Relisted	$360,000
Relisted
Dec 11, 2024	In contract	-
In contract
Dec 3, 2024	Listed by HomeSmart Realty Group	$360,000
Listed by HomeSmart Realty Group

Property Highlights

Building Info

Overview

General

Year Built: 1999

Effective Year Built: 1999
Building Count: 1
Total Rooms: 8
Bedroom Count: 4
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: 200
Living Units: 1
Floor Cover: 0
Basement Type: 8
Basement Area: 1,169
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,276

Total Building Area: 3,507
Gross Building Area: 3,507
Building Area: 2,338
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 0
Heated Square Feet: 2,338
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: HEARTLAND MEADOWS
Land Acres: 0000000190
Standard Land Use Code: 1001
County Land Use Code: 0040
State Land Use Code: 0040
Legal Description 1: HEARTLAND MEADOWS UNIT 9 (WILLOW BAY) LOT 705

Neighborhood

School District Name: School District U-46

Census Tract: 851907

Geography

Parcel: 06-28-406-017

Lot: 705
Municipality: ELGIN
Latitude: 42.0052
Longitude: -88.3311

Address

Full Address: 2343 Chesapeake Bay

Legal Unit: 9
Address - House Number: 2343
Address - Street Name: Chesapeake Bay
State: IL
City Name: Elgin
Carrier Code: R013
4-Digit Zip Code: 8578
Zip Code: 60123

Valuation

Tax

Tax Year: 2022

Tax Amount: $935,588
Tax Rate Code Area: EL005

Appraisal Valuation

Standard Deviation: 0.1389

Valuation Date: Nov 29, 2023
Confidence Score: 83
Final Value: 422,008
High Value: 480,626
Low Value: 363,389

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $341,828

Market Land Value: $70,006
Market Improvement Value: $271,822

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $113,897
Assessed Land Value: $23,326
Assessed Improvements Value: $90,571

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Aug 27, 1999

Current Sale Recording Date: Sep 03, 1999
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 1999K085968

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Southwest Elgin

Stats & Trends

Median Asking:

$299,698

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

Average Home Size

1900 ft²

Average Home Age

63 years

Currently For Sale

16 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Listed by: Michelle Kohl, HomeSmart Realty Group
Last Updated: 2 years ago
Data Source: MRED, MLS# 12219159

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

2343 CHESAPEAKE BAY Court

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Southwest Elgin

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions