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Elgin 60123 Grant Park
315 N Commonwealth Avenue
$355,000
● House - Off Market

315 N Commonwealth Avenue

Elgin, IL 60123
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,820 Ft²
$2,345
Est. Monthly
7.26%
Cap Rate

About This Property

Charming Wing Park Classic with Modern Updates! Step into timeless elegance with this beautiful 3-bedroom, 2-bath home in Elgin's sought-after Wing Park neighborhood. Once featured in the 2010 Historic Elgin Housewalk, this residence combines historic character with thoughtful updates for today's lifestyle. Inside, you'll be captivated by the refinished hardwood floors, arched doorways, original crown molding and woodwork that showcase the home's unique charm. The gas fireplace adds warmth and ambiance, while newer etched glass windows and insulated exterior walls bring comfort and efficiency. The huge primary suite upstairs offers a private retreat with its own bath and 5 walk-in closets! Recent updates include a new roof and gutters (2024), new boiler (2023), refreshed patio (2024), and an upgraded 200-amp electrical service (2005). Outdoors, enjoy the professionally landscaped, terraced back patio-a true retreat for morning coffee or afternoon lounging. A full basement and ample closet space ensure plenty of storage. All of this in an ideal location near Wing Park, Historic Downtown Elgin, Metra, and I-90, offering both convenience and charm. A rare opportunity to own a piece of Elgin's history with modern updates-schedule your showing today!
Unit Size
1,820 Ft²
Days on Market
-
Land Size
-
Price per sqft
$192
Property Type
House
Property Taxes
$626
HOA Dues
-
Year Built
1933

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • 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: 1,225
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,996
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 530
  • Total Building Area: 3,045
  • Gross Building Area: 3,045
  • Building Area: 1,820
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,820
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDWARD J OBEIRNES SUB
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: EDWARD J OBEIRNES SUB LOT 7 BLOCK 3

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851102

Geography

  • Parcel: 06-14-108-006
  • Block: 3
  • Lot: 7
  • Municipality: ELGIN
  • Latitude: 42.0409
  • Longitude: -88.3002

    Address

  • Full Address: 315 N Commonwealth Ave
  • Address - House Number: 315
  • Street Direction: N
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C074
  • 4-Digit Zip Code: 3415
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $675,880
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 306,217
  • High Value: 354,045
  • Low Value: 258,388

    Market Valuation

  • Market Total Value: $251,939
  • Market Land Value: $50,951
  • Market Improvement Value: $200,987

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,946
  • Assessed Land Value: $16,977
  • Assessed Improvements Value: $66,969

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 20, 2004
  • Current Sale Recording Date: Dec 29, 2004
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2004K166520
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 Northwest Elgin


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155 Festival Court, Elgin, IL, 60120 Listing by Graciela Martinez


Frequently Asked Questions

When was property at 315 North Commonwealth Avenue built and last sold?
The property at 315 North Commonwealth Avenue was built in 1933 and last sold on Dec 20, 2004 for $200,000.
How much is this home worth?
The estimated value of the home located at 315 North Commonwealth Avenue is $0.
What are some comparable homes to 315 North Commonwealth Avenue?
There are currently no comparable homes to 315 North Commonwealth Avenue.