See Home Value
$255,000
● House - Off Market

7 S Edison Avenue

Elgin, IL 60123
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,320 Ft²
$1,643
Est. Monthly
7.61%
Cap Rate

About This Property

Beautifully updated Cape Cod that blends modern touches with classic charm. Enter through a leaded glass door into a welcoming foyer with slate tile flooring. Beyond, an open-concept great room and dining area await, featuring chair rail detailing, decorative paint, and a stylish overhead light, seamlessly flowing into the updated kitchen. This kitchen shines with granite countertops, a glass tile backsplash, stainless steel appliances, and a breakfast bar that opens to the dining area, along with additional table space. Off the foyer, you'll find a spacious living room adorned with a lighted ceiling fan, a brick-surround fireplace, and custom blinds. Throughout the first floor, you'll appreciate 6" baseboards, crown molding, arched doorways, and wide-plank hardwood floors, all adding a touch of elegance. Upstairs, the master and second bedrooms both offer walk-in closets, hardwood flooring, and decorative paint. A full bath on this level features a tile-surround tub/shower, marble-look vinyl flooring, an oak vanity with a cultured marble sink, and a window that fills the space with natural light. The second bedroom features a private deck. The finished basement provides versatile space, with vinyl tile flooring, half-wall wood paneling, a bar area, a rec room, a utility room, and a cozy private room. The full bath here includes a slate-tile shower with a seating bench and a furniture-style vanity.Situated on a spacious lot, this home offers a large concrete patio, pond, a detached two-car garage, mature landscaping, and convenient access to shopping, schools, expressways, and the Metra. Truly a must-see!
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$189
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1923

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12257060)

Price History

Date / Event Date Event Price
Jan 10, 2025 Sold
Sold
Dec 16, 2024 Listed by Compass $250,000
Listed by Compass
Dec 14, 2024 Temporarily off market -
Temporarily off market
Nov 20, 2024 Price Decreased $275,000
↓ $24K (8%)
Price Decreased
Nov 7, 2024 Listed by Berkshire Hathaway HomeServices Chicago $299,000
Listed by Berkshire Hathaway HomeServices Chicago
Beautifully updated Cape Cod that blends modern touches with classic charm. Enter through a leaded glass door into a welcoming foyer with slate tile flooring. Beyond, an open-concept great room and dining area await, featuring chair rail detailing, decorative paint, and a stylish overhead light, seamlessly flowing into the updated kitchen. This kitchen shines with granite countertops, a glass tile backsplash, stainless steel appliances, and a breakfast bar that opens to the dining area, along with additional table space. Off the foyer, you'll find a spacious living room adorned with a lighted ceiling fan, a brick-surround fireplace, and custom blinds. Throughout the first floor, you'll appreciate 6" baseboards, crown molding, arched doorways, and wide-plank hardwood floors, all adding a touch of elegance. Upstairs, the master and second bedrooms both offer walk-in closets, hardwood flooring, and decorative paint. A full bath on this level features a tile-surround tub/shower, marble-look vinyl flooring, an oak vanity with a cultured marble sink, and a window that fills the space with natural light. The second bedroom features a private deck. The finished basement provides versatile space, with vinyl tile flooring, half-wall wood paneling, a bar area, a rec room, a utility room, and a cozy private room. The full bath here includes a slate-tile shower with a seating bench and a furniture-style vanity.Situated on a spacious lot, this home offers a large concrete patio, pond, a detached two-car garage, mature landscaping, and convenient access to shopping, schools, expressways, and the Metra. Truly a must-see!
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Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 19
  • 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: 744
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,064
  • Gross Building Area: 2,064
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASHINGTON HEIGHTS ADDN
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: WASHINGTON HEIGHTS ADDN LOT 15 BLOCK 15

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851101

Geography

  • Parcel: 06-15-432-002
  • Block: 15
  • Lot: 15
  • Municipality: ELGIN
  • Latitude: 42.0343
  • Longitude: -88.3042

    Address

  • Full Address: 7 S Edison Ave
  • Address - House Number: 7
  • Street Direction: S
  • Address - Street Name: Edison
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elgin
  • Carrier Code: C062
  • 4-Digit Zip Code: 6124
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $473,254
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 248,057
  • High Value: 282,513
  • Low Value: 213,601

    Market Valuation

  • Market Total Value: $181,807
  • Market Land Value: $35,387
  • Market Improvement Value: $146,420

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,578
  • Assessed Land Value: $11,791
  • Assessed Improvements Value: $48,787

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 07, 2019
  • Current Sale Recording Date: Feb 04, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019K004429
  • Previous Sale Recording Date: Jun 10, 2011
  • Previous Sale Contract Date: May 19, 2011
  • Previous Sale Amount: $80,500
  • Previous Sale Document Type: 20

    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 Southwest Elgin


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Frequently Asked Questions

When was property at 7 South Edison Avenue built and last sold?
The property at 7 South Edison Avenue was built in 1923 and last sold on Jan 7, 2019 for $148,000.
How much is this home worth?
The estimated value of the home located at 7 South Edison Avenue is $0.
What are some comparable homes to 7 South Edison Avenue?
There are currently no comparable homes to 7 South Edison Avenue.