See Home Value
$395,000
● House - Off Market

365 Algona Avenue

Elgin, IL 60120
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,645 Ft²
$2,429
Est. Monthly
6.41%
Cap Rate

About This Property

Rare opportunity to purchase a 2025 meticulously remodeled, distinctive home in Elgin's historic downtown. With a lot of character, designer's up-to-date material choices, spacious 3-level layout, and unbeatable location, this is a place to call home - perfectly situated in a peaceful and friendly neighborhood near I-90 with easy access to schools, parks, and shopping. This spacious 2,645 sq. ft. 3-bed 3-bath home features 2 spacious bedrooms with 2 en-suite bathrooms and walk-in closets upstairs, and open spaces of living, dining, kitchen, and 3rd bedroom on first floor, expanded further via vaulted ceiling's great room to a cozy screened backyard porch and garden within fenced backyard. Finished basement includes 2 rooms suitable for office/playroom/media room, guest room or craft/workshop room, a mechanical room, separate laundry/washroom, and plenty of storage.   Just being totally remodeled by the owner, major upgrades include electrical fixtures and LED lighting, all new windows, new insulation, drywalling, and paint. New kitchen with hardwood cabinets, quartz countertops and new LG appliances, fully remodeled bathrooms with high-end real onyx designer tiling, fixtures, lighting, and accessories. Beautiful hardwood floors throughout the home and new carpeting in bedrooms upstairs. Other updates include roof and gutters (2021), water tank (2023), and high-efficiency HVAC and garage door (2024).   This high-quality property is rare in today's market and won't last long - please schedule a showing to see for yourself and seize the opportunity.
Unit Size
2,645 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$151
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
1928

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 13
  • 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: 825
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,913
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 530
  • Total Building Area: 2,423
  • Gross Building Area: 2,423
  • Building Area: 1,598
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,598
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARRYS SUB
  • Land Acres: 0000000159
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: BARRYS SUB LOT 4 BLOCK 2

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 850800

Geography

  • Parcel: 06-12-332-004
  • Block: 2
  • Lot: 4
  • Municipality: ELGIN
  • Latitude: 42.0488
  • Longitude: -88.2773

    Address

  • Full Address: 365 Algona Ave
  • Address - House Number: 365
  • Address - Street Name: Algona
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C003
  • 4-Digit Zip Code: 3738
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $528,428
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.157
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 263,384
  • High Value: 304,752
  • Low Value: 222,015

    Market Valuation

  • Market Total Value: $200,903
  • Market Land Value: $39,559
  • Market Improvement Value: $161,345

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,941
  • Assessed Land Value: $13,181
  • Assessed Improvements Value: $53,760

    Sales

  • Current Sale Contract Date: Nov 01, 2003
  • Current Sale Recording Date: Jan 13, 2004
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2004K007232
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 Northeast Elgin


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Unit for rent at 506 Barrett Street, Elgin, IL, 60120

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Unit for rent at 155 Festival Court, Elgin, IL, 60120

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


Frequently Asked Questions

When was property at 365 Algona Avenue built and last sold?
The property at 365 Algona Avenue was built in 1928 and last sold on Nov 1, 2003 for $186,000.
How much is this home worth?
The estimated value of the home located at 365 Algona Avenue is $0.
What are some comparable homes to 365 Algona Avenue?
There are currently no comparable homes to 365 Algona Avenue.