See Home Value
$315,000
● House - Off Market

640 N Grove Avenue

Elgin, IL 60120
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$1,884
Est. Monthly
8.96%
Cap Rate

About This Property

Beautiful 3 Bedroom Victorian Home with 1st Floor Bedroom and Full Bath! Enjoy the Charm of a Vintage Home with all the Modern Conveniences! Relax on the Front Porch or head out to the Deck outback that overlooks the huge fenced yard! Featuring Gorgeous Hardwood Floors and Original Woodwork, this very well maintained home has been completely updated with newer electric, plumbing, siding, windows, bathrooms and more. There's a Large Eat In Kitchen with Stainless Appliances, Granite Counters and plenty of counter space, and a first floor Primary Bedroom with Full Bath. Upstairs you'll find two more generously sized bedrooms and another full bath. Amazing location near the Library, IL Prairie Path, Historic Downtown Elgin, Metra, Expressways and Shopping.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$188
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
1890

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Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #12142826)

Price History

Date / Event Date Event Price
Oct 1, 2024 Sold
Sold
Sep 3, 2024 In contract -
In contract
Aug 20, 2024 Listed by Premier Living Properties $300,000
Listed by Premier Living Properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 8
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 647
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 730
  • Total Building Area: 2,247
  • Gross Building Area: 2,247
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOVELLS ADDN
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LOVELLS SUB OF THAT PART OF LOVELLS ADDN LYING SOUTH OF LINCOLN AVE LOT 2 BLOCK 10

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 854600

Geography

  • Parcel: 06-11-403-009
  • Block: 10
  • Lot: 2
  • Municipality: ELGIN
  • Latitude: 42.0495
  • Longitude: -88.2871

    Address

  • Full Address: 640 N Grove Ave
  • Address - House Number: 640
  • Street Direction: N
  • Address - Street Name: Grove
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C001
  • 4-Digit Zip Code: 2899
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $487,414
  • Tax Rate Code Area: EL913

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 74
  • Final Value: 268,515
  • High Value: 319,861
  • Low Value: 217,170

    Market Valuation

  • Market Total Value: $201,714
  • Market Land Value: $43,322
  • Market Improvement Value: $158,391

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,211
  • Assessed Land Value: $14,435
  • Assessed Improvements Value: $52,776

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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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Nearby Rentals

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

$2,500 /mo

  • 3 Beds
  • 1 Bath
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506 Barrett Street, Elgin, IL, 60120 Listing by Jesus Perez
Unit for rent at 155 Festival Court, Elgin, IL, 60120

$2,800 /mo

  • 2 Beds
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  • 1,900 ft²
155 Festival Court, Elgin, IL, 60120 Listing by Graciela Martinez


Frequently Asked Questions

When was property at 640 North Grove Avenue built and last sold?
The property at 640 North Grove Avenue was built in 1890 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 640 North Grove Avenue is $304,774.
What are some comparable homes to 640 North Grove Avenue?
There are currently no comparable homes to 640 North Grove Avenue.