When was property at 331 Orange Street built and last sold?

The property at 331 Orange Street was built in 1893 and last sold on Aug 31, 2017 for $140,000.

How much is this home worth?

The estimated value of the home located at 331 Orange Street is $215,925.

What are some comparable homes to 331 Orange Street?

There are currently no comparable homes to 331 Orange Street.

Elgin

60123

Southwest Elgin

331 ORANGE Street

$237,000

● House - Off Market

331 ORANGE Street

Elgin, IL 60123

3 Beds

2 Baths

2,226 Ft²

$1,332

Est. Monthly

About This Property

This 3-bedroom, 2-bath home offers a functional layout and an excellent opportunity to build equity in today's market, ideal for both investors and first-time buyers ready to make a home their own. The main level features two bedrooms, a full bathroom, and convenient main-floor laundry, creating an easy and practical living setup. The second level includes a loft, an additional bedroom, and a full bathroom, offering flexible space ideal for a primary suite, home office, or guest area. Additional highlights include a 1 car garage and basement space providing ample storage space. For investors, the property presents a clear value-add opportunity with room to renovate, improve, and reposition for resale or long-term rental. Owner-occupants can move in and customize the space over time while building equity. Conveniently located near Downtown Elgin, this home offers easy access to local restaurants, shopping, riverfront trails, and community events. Commuters will appreciate proximity to the Metra Elgin Station and quick access to I-90, making daily travel simple. AS IS sale, no repairs.

Unit Size

2,226 Ft²

Days on Market

Land Size

0.10 acres

Price per sqft

$89

Property Type

House

Property Taxes

$355

HOA Dues

Year Built

1893

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Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1893

Effective Year Built: 1893
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: 500
Living Units: 1
Floor Cover: 0
Basement Type: 8
Basement Area: 948
Garage Type: 4
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 4,356

Lot Size Depth Feet: 1,320
Lot Size Frontage Feet: 330
Total Building Area: 2,226
Gross Building Area: 2,226
Building Area: 1,278
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 0
Heated Square Feet: 1,278
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: J P MORGANS ADDN
Land Acres: 0000000100
Standard Land Use Code: 1001
County Land Use Code: 0040
State Land Use Code: 0040
Legal Description 1: J P MORGANS ADDN WEST 1/2 OF LOT 18

Neighborhood

School District Name: School District U-46

Census Tract: 851600

Geography

Parcel: 06-23-279-002

Lot: 18
Municipality: ELGIN
Latitude: 42.0248
Longitude: -88.2866

Address

Full Address: 331 Orange St

Address - House Number: 331
Address - Street Name: Orange
Address - Suffix Type: St
State: IL
City Name: Elgin
Carrier Code: C046
4-Digit Zip Code: 7645
Zip Code: 60123

Valuation

Tax

Tax Year: 2022

Tax Amount: $385,008
Tax Rate Code Area: EL005

Appraisal Valuation

Standard Deviation: 0.2326

Valuation Date: Nov 29, 2023
Confidence Score: 67
Final Value: 233,460
High Value: 287,775
Low Value: 179,146

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $151,264

Market Land Value: $23,580
Market Improvement Value: $127,683

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $50,401
Assessed Land Value: $7,857
Assessed Improvements Value: $42,544

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Aug 31, 2017

Current Sale Recording Date: Sep 26, 2017
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 2017K050482
Previous Sale Recording Date: Nov 15, 2011
Previous Sale Contract Date: Nov 08, 2011
Previous Sale Amount: $77,000
Previous Sale Document Type: 71

Last Sale Mortgage

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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:

$299,896

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

Average Home Size

1825 ft²

Average Home Age

65.4 years

Currently For Sale

18 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 371 Fulton Street, IL, 60120

$2,750 /mo

3 Beds
1 Bath
1,600 ft²

371 Fulton Street #2, IL, 60120 Listing by Joseph Trifilio

Unit for rent at 420 Prospect Boulevard, IL, 60120

$1,700 /mo

2 Beds
1 Bath
800 ft²

420 Prospect Boulevard #1N, IL, 60120 Listing by Hugo Galicia

Unit for rent at 318 North Street, Elgin, IL, 60120

$1,450 /mo

2 Beds
1 Bath
800 ft²

318 North Street #LOWER, Elgin, IL, 60120 Listing by Kristin Pfad

Rentals Near You

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Listed by: Jaimie Banke, Keller Williams Thrive
Data Source: MRED, MLS# MRD12560083

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.

331 ORANGE Street

About This Property

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Southwest Elgin

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions