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Elgin 60124
343 Tracy Lane
$380,000
● House - Off Market

343 Tracy Lane

Elgin, IL 60124
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,924 Ft²
$2,772
Est. Monthly
$265
HOA / Fees
5.79%
Cap Rate

About This Property

Located in the highly sought-after Copper Springs subdivision! This desirable duplex lives like a single-family home while offering a maintenance-free exterior. Inside, the bright open floor plan is filled with natural light. The spacious living room flows into a well-appointed kitchen featuring an island, pantry closet, and a separate eating area. The impressive two-story family room with soaring windows creates the perfect space for gatherings. Upstairs, the spacious primary suite offers vaulted ceilings, a ceiling fan, large walk-in closet, and a spa-like private bath with double sinks, whirlpool tub, and walk-in glass shower. Two additional generous bedrooms and a versatile loft overlooking the family room complete the second floor (the loft could easily be converted into a 4th bedroom if desired). The finished basement adds extra living space plus a dedicated storage room. Outside, enjoy relaxing on the inviting front porch or spacious patio and you can also take in the subdivision's beautiful ponds/fountains/walking trails just steps away. An extra benefit is having a 2-car attached garage as well. Recent updates include a newer roof (2024) and A/C. Situated in the award-winning 301 school district and close to the Randall Road corridor with expressways, shopping, dining, and more. Now is the perfect time to build instant equity on this home based on the most recent comparables in the area. Ask for more details about the painting credit that the Seller is offering.
Unit Size
2,924 Ft²
Days on Market
-
Land Size
-
Price per sqft
$130
Property Type
House
Property Taxes
$641
HOA Dues
$265
Year Built
2005

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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 770
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Frontage Feet: 470
  • Total Building Area: 2,924
  • Gross Building Area: 2,924
  • Building Area: 2,154
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,154
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COPPER SPRINGS
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: COPPER SPRINGS LOT 172

Neighborhood

  • School District Name: Central Community Unit School District 301
  • Census Tract: 851911

Geography

  • Parcel: 06-19-257-009
  • Lot: 172
  • Municipality: ELGIN
  • Latitude: 42.0232
  • Longitude: -88.3657

    Address

  • Full Address: 343 Tracy Ln
  • Address - House Number: 343
  • Address - Street Name: Tracy
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Elgin
  • Carrier Code: R024
  • 4-Digit Zip Code: 4340
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: EL033

    Appraisal Valuation

  • Standard Deviation: 0.1417
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 336,662
  • High Value: 384,385
  • Low Value: 288,939

    Market Valuation

  • Market Total Value: $246,161
  • Market Land Value: $69,808
  • Market Improvement Value: $176,354

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,021
  • Assessed Land Value: $23,260
  • Assessed Improvements Value: $58,761

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 27, 2012
  • Current Sale Recording Date: Nov 30, 2012
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012K083698
  • Previous Sale Recording Date: Jun 02, 2011
  • Previous Sale Contract Date: May 23, 2011
  • Previous Sale Amount: $164,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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


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Frequently Asked Questions

When was property at 343 Tracy Lane built and last sold?
The property at 343 Tracy Lane was built in 2005 and last sold on Nov 27, 2012 for $161,000.
How much is this home worth?
The estimated value of the home located at 343 Tracy Lane is $0.
What are some comparable homes to 343 Tracy Lane?
There are currently no comparable homes to 343 Tracy Lane.