See Home Value
East Dundee 60118
516 King Avenue
$320,000
● House - Off Market

516 King Avenue

East Dundee, IL 60118
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,368 Ft²
$2,242
Est. Monthly
$238
HOA / Fees

About This Property

STOP SCROLLING. Because this one? This is the kind of home buyers stalk Zillow for at 11:47pm while pretending they're "just casually looking." Welcome to 516 King Ave in East Dundee's highly sought-after Grand Reserve neighborhood - where peaceful surroundings, charming streets, and ridiculously convenient access to shopping, dining, entertainment, and I-90 all come together like the perfect charcuterie board of suburban living. Tucked against a private wooded backdrop, this beautifully updated 2-story condo delivers the kind of space and style buyers are begging for right now. Step inside and prepare for the natural light show. The dramatic 2-story living room features a stunning wall of windows, soaring ceilings, rich hardwood flooring, and a cozy fireplace that practically screams "wine night" and "movie marathon." The renovated kitchen checks every single box with crisp white cabinetry, quartz countertops, stainless steel appliances, and the kind of clean, modern aesthetic that makes takeout somehow feel fancier. Upstairs, you'll find 2 spacious bedrooms PLUS an oversized loft that can easily transform into a home office, guest space, workout room, reading lounge, gaming area, or your official "I need 20 minutes away from everyone" retreat. We support versatility around here. And let's not overlook the unicorn features: a FULL unfinished basement for storage, future living space, gym, workshop, or Pinterest projects you may or may not finish... plus an attached 2-car garage. Because scraping ice off your windshield in January is a hard pass. Living in East Dundee means more than just owning a beautiful home - it's a lifestyle. You're minutes from the Fox River, charming downtown shops, restaurants, local events, bike trails, parks, and all the character that makes people fall hard for this community. Grand Reserve itself is one of East Dundee's hidden gems - quiet, scenic, beautifully maintained, and perfectly positioned for convenience without sacrificing privacy. In other words: this isn't just a condo. It's your main-character era with quartz counters and wooded views. **MULTIPLE OFFERS RECEIVED**  "Highest & Best" due by 5pm today (6/8).
Unit Size
1,368 Ft²
Days on Market
-
Land Size
-
Price per sqft
$227
Property Type
House
Property Taxes
$482
HOA Dues
$238
Year Built
1997

Payment Calculator

Cap Rate Calculator

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 35
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 732
  • Garage Type: 1
  • Garage Square Area: 427
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,592
  • Gross Building Area: 2,592
  • Building Area: 1,433
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,433
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE RESERVE
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: GALENA AT THE RESERVE - UNIT 24-4

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850500

Geography

  • Parcel: 03-26-204-054
  • Municipality: DUNDEE
  • Latitude: 42.0954
  • Longitude: -88.2654

    Address

  • Full Address: 516 King Ave
  • Legal Unit: 24-4
  • Address - House Number: 516
  • Address - Street Name: King
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: East Dundee
  • Carrier Code: C008
  • 4-Digit Zip Code: 3046
  • Zip Code: 60118

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $543,646
  • Tax Rate Code Area: DU013

    Appraisal Valuation

  • Standard Deviation: 0.1639
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 277,760
  • High Value: 323,304
  • Low Value: 232,217

    Market Valuation

  • Market Total Value: $208,283
  • Market Land Value: $22,605
  • Market Improvement Value: $185,678

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,400
  • Assessed Land Value: $7,532
  • Assessed Improvements Value: $61,868

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2021K057763
  • Previous Sale Recording Date: Aug 05, 2019
  • Previous Sale Contract Date: Jul 29, 2019
  • Previous Sale Amount: $195,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 East Dundee


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 811 E Main Street, East Dundee, IL, 60118

$1,725 /mo

  • 1 Bed
  • 1 Bath
  • 730 ft²
811 E Main Street #1E, East Dundee, IL, 60118 Listing by Brian Overheidt
Unit for rent at 855 E Main Street, East Dundee, IL, 60118

$1,970 /mo

  • 2 Beds
  • 2 Baths
  • 975 ft²
855 E Main Street #1F, East Dundee, IL, 60118 Listing by Brian Overheidt
Unit for rent at 211 Edwards Avenue, West Dundee, IL, 60118

$1,500 /mo

  • 1 Bed
  • 1 Bath
  • 624 ft²
211 Edwards Avenue #2, West Dundee, IL, 60118 Listing by Lawrence Hines


Frequently Asked Questions

When was property at 516 King Avenue built and last sold?
The property at 516 King Avenue was built in 1997 and last sold on Jul 28, 2021 for $222,500.
How much is this home worth?
The estimated value of the home located at 516 King Avenue is $313,514.
What are some comparable homes to 516 King Avenue?
There are currently no comparable homes to 516 King Avenue.