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Elgin 60124
2543 Edgewater Drive
$548,100
● House - Off Market

2543 Edgewater Drive

Elgin, IL 60124
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,487 Ft²
$3,630
Est. Monthly
$291
HOA / Fees
3.18%
Cap Rate

About This Property

Welcome to this stunning, fully renovated Somerset Model in the highly sought-after 55+ gated community of Edgewater. Thoughtfully updated since 2021, this home combines modern comfort with timeless style-just steps from scenic walking paths and the community clubhouse. Enjoy peace of mind with a new roof and a new driveway with added apron, front porch, and walkway. Inside, you'll find luxury vinyl plank flooring throughout, fresh paint, custom window treatments, and a Nest thermostat for added comfort and efficiency. The beautifully remodeled kitchen boasts granite countertops, stainless steel appliances, a large center island, and updated lighting-perfect for entertaining or everyday cooking. The expanded patio with a retractable awning is ideal for outdoor relaxation. Retreat to a spacious primary suite featuring French doors, a completely remodeled bath with quartz countertops, dual vanity, and ADA-compliant grab bars and rails for added safety and convenience. Additional highlights include a cozy den, can lighting, new garage door and opener, a pull-down staircase to attic storage, and a newly epoxied garage floor with wheelchair accessibility. Located directly on a walking path and within close proximity to the clubhouse, pool, and fitness center, this home offers the perfect blend of comfort, convenience, and community.
Unit Size
2,487 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$201
Property Type
House
Property Taxes
$884
HOA Dues
$291
Year Built
2006

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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Frontage Feet: 630
  • Total Building Area: 2,487
  • Gross Building Area: 2,487
  • Building Area: 2,487
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,487
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEWATER SUB
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: EDGEWATER SUB PHASE I LT 208

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851913

Geography

  • Subdivision Phase Number: 1
  • Parcel: 06-29-275-001
  • Lot: 208
  • Municipality: ELGIN
  • Latitude: 42.0102
  • Longitude: -88.3459

    Address

  • Full Address: 2543 Edgewater Dr
  • Address - House Number: 2543
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: R020
  • 4-Digit Zip Code: 4334
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $994,622
  • Tax Rate Code Area: EL067

    Appraisal Valuation

  • Standard Deviation: 0.1494
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 468,333
  • High Value: 538,328
  • Low Value: 398,338

    Market Valuation

  • Market Total Value: $362,260
  • Market Land Value: $85,111
  • Market Improvement Value: $277,149

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $120,705
  • Assessed Land Value: $28,359
  • Assessed Improvements Value: $92,346

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Jul 21, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021K055811
  • Previous Sale Recording Date: Jun 01, 2007
  • Previous Sale Contract Date: Feb 16, 2007
  • Previous Sale Amount: $383,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Elgin


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 1137 Reserve Drive, Elgin, IL, 60124

$2,375 /mo

  • 2 Beds
  • 1 Bath
  • 1,500 ft²
1137 Reserve Drive, Elgin, IL, 60124 Listing by Brandy Schuldt


Frequently Asked Questions

When was property at 2543 Edgewater Drive built and last sold?
The property at 2543 Edgewater Drive was built in 2006 and last sold on Jul 7, 2021 for $392,500.
How much is this home worth?
The estimated value of the home located at 2543 Edgewater Drive is $0.
What are some comparable homes to 2543 Edgewater Drive?
There are currently no comparable homes to 2543 Edgewater Drive.