When was property at 316 Illinois Avenue built and last sold?

The property at 316 Illinois Avenue was built in 1963 and last sold on Jun 7, 2002 for $131,500.

How much is this home worth?

The estimated value of the home located at 316 Illinois Avenue is $0.

What are some comparable homes to 316 Illinois Avenue?

There are currently no comparable homes to 316 Illinois Avenue.

Elgin

60120

Southeast Elgin

316 Illinois Avenue

$250,500

● House - Off Market

316 Illinois Avenue

Elgin, IL 60120

2 Beds

1 Bath

1,440 Ft²

$1,249

Est. Monthly

9.45%

Cap Rate

About This Property

This lovely ranch home features a spacious living room with refinished hardwood floors and a large window showcasing park views. The kitchen is equipped with appliances, an eat-in area, and a bar. It includes two bedrooms, also with refinished hardwood flooring, and an updated bathroom. The full finished basement offers a recreation room along with storage and laundry areas. Outside, the fenced backyard provides privacy, a garden area, and space for horseshoes and a shed. Additionally, a two-car garage with alley access completes this charming property. The home is being sold as-is.

Unit Size

1,440 Ft²

Days on Market

Land Size

Price per sqft

$160

Property Type

House

Property Taxes

$119

HOA Dues

Year Built

1963

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Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1963

Effective Year Built: 1963
Building Count: 1
Total Rooms: 4
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: 720
Garage Type: 4
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 5,663

Lot Size Depth Feet: 1,150
Lot Size Frontage Feet: 500
Total Building Area: 1,440
Gross Building Area: 1,440
Building Area: 720
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 720
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: EDWARD C LOVELLS ADDN
Land Acres: 0000000130
Standard Land Use Code: 1001
County Land Use Code: 0040
State Land Use Code: 0040
Legal Description 1: EDWARD C LOVELLS ADDN LOT 14 BLOCK 2

Neighborhood

School District Name: School District U-46

Census Tract: 851400

Geography

Parcel: 06-13-478-014

Block: 2
Lot: 14
Municipality: ELGIN
Latitude: 42.0312
Longitude: -88.2659

Address

Full Address: 316 Illinois Ave

Address - House Number: 316
Address - Street Name: Illinois
Address - Suffix Type: Ave
State: IL
City Name: Elgin
Carrier Code: C036
4-Digit Zip Code: 6734
Zip Code: 60120

Valuation

Tax

Tax Year: 2022

Tax Amount: $189,040
Tax Rate Code Area: EL005

Appraisal Valuation

Standard Deviation: 0.1389

Valuation Date: Nov 29, 2023
Confidence Score: 83
Final Value: 176,943
High Value: 201,521
Low Value: 152,365

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $122,848

Market Land Value: $25,870
Market Improvement Value: $96,978

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $40,933
Assessed Land Value: $8,620
Assessed Improvements Value: $32,313

Exemptions

Senior Citizen Exemption : Yes

Disabled Exemption: Yes
Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jun 07, 2002

Current Sale Recording Date: Jul 12, 2002
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 2002K086113
Previous Sale Recording Date: Jul 15, 1996
Previous Sale Contract Date: Jul 12, 1996
Previous Sale Amount: $110,000
Previous Sale Document Type: 71

Last Sale Mortgage

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Previous Mortgages

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

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Comparables

About Southeast Elgin

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$213

Below Asking

0.01%

Average Days on Market

Average Home Size

1530 ft²

Average Home Age

45.2 years

Currently For Sale

26 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

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

Unit for rent at 170 S Porter Street, Elgin, IL, 60120

$1,850 /mo

3 Beds
1 Bath
1,100 ft²

170 S Porter Street #2, Elgin, IL, 60120 Listing by Kallen O'Shea

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Ellen Williams, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12434085

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.

316 Illinois Avenue

About This Property

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Southeast Elgin

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions