See Home Value
$252,000
● House - Off Market

40 Hill Avenue

Elgin, IL 60120
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$1,796
Est. Monthly
9.81%
Cap Rate

About This Property

Beautiful Victorian Home Close to local shopping! With the towers, turrets, and porch space of a Victorian home, this 3-bedroom, 1.5-bathroom example of the form is perfectly situated in Elgin. The property is within a pedestrian range of schools, and easily drivable to shopping and dining options and Lords Park, Channing Park. Step from the Welcome mat into an interior embrace that includes hardwoods throughout. Bedrooms are ready for your decorative expertise. Updated Kitchen and Bathrooms. 11 ft. Ceilings and Beautiful crown moldings.  Unfinished basement is perfect for storage or conversion. sound proof finish room in basement  Detached two-car garage. This one is the right house at the right time for you.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11915831)

Price History

Date / Event Date Event Price
Jan 5, 2024 Sold
Sold
Oct 24, 2023 Listed by Luna Real Estate Inc. $262,000
Listed by Luna Real Estate Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,018
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,120
  • Lot Size Depth Feet: 720
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,995
  • Gross Building Area: 2,995
  • Building Area: 1,977
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,977
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEBBS SUB
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: WEBBS SUB OUTLOTS 5, 6, 7, & 8 OF SEC 13-41-8 SOUTH 19 FT EXCEPT WEST 60 FT LOT 2 & ALL EXCEPT WEST 60 FT LOT 3 BLOCK 4

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851301

Geography

  • Section: Jan 01, 1970
  • Parcel: 06-13-258-012
  • Block: 4
  • Lot: 2
  • Meridian: SEC 13 TWN 41 RNG 08
  • Municipality: ELGIN
  • Latitude: 42.0385
  • Longitude: -88.2708

    Address

  • Full Address: 40 Hill Ave
  • Address - House Number: 40
  • Address - Street Name: Hill
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C035
  • 4-Digit Zip Code: 5766
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $610,846
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.0882
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 253,885
  • High Value: 276,299
  • Low Value: 231,472

    Market Valuation

  • Market Total Value: $229,430
  • Market Land Value: $35,342
  • Market Improvement Value: $194,088

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,446
  • Assessed Land Value: $11,776
  • Assessed Improvements Value: $64,670

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 05, 2024
  • Current Sale Recording Date: Jan 08, 2024
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 689
  • Previous Sale Recording Date: Oct 30, 2018
  • Previous Sale Contract Date: Sep 24, 2018
  • Previous Sale Amount: $197,000
  • Previous Sale Document Type: 71
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 Southeast Elgin


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Nearby Rentals

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Unit for rent at 6085 Delaney Drive, Hoffman Estates, IL, 60192

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6085 Delaney Drive, Hoffman Estates, IL, 60192 Listing by Ben Kastein


Frequently Asked Questions

When was property at 40 Hill Avenue built and last sold?
The property at 40 Hill Avenue was built in 1900 and last sold on Jan 5, 2024 for $252,000.
How much is this home worth?
The estimated value of the home located at 40 Hill Avenue is $0.
What are some comparable homes to 40 Hill Avenue?
There are currently no comparable homes to 40 Hill Avenue.