When was property at 71 South Commonwealth Avenue built and last sold?

The property at 71 South Commonwealth Avenue was built in 1923 and last sold on Mar 29, 2024 for $235,000.

How much is this home worth?

The estimated value of the home located at 71 South Commonwealth Avenue is $0.

What are some comparable homes to 71 South Commonwealth Avenue?

There are currently no comparable homes to 71 South Commonwealth Avenue.

Elgin

60123

Southwest Elgin

71 S Commonwealth Avenue

$86,000

● House - Off Market

71 S Commonwealth Avenue

Elgin, IL 60123

2 Beds

1 Bath

820 Ft²

$101,636

RealtyHop Estimate

27.20%

Since Mar 1, 2021

National-US

Primary Model

About This Property

Incredible investment opportunity in Elgin! Single family ranch - a perfect rental or rehab property! Home has a full basement and an existing concrete garage pad. Close to all accommodations including schools, parks, shops, restaurants and more! Selling as is. "Subject to Inspection Report."

Unit Size

820 Ft²

Days on Market

Land Size

0.16 acres

Price per sqft

$97

Property Type

House

Property Taxes

$243

HOA Dues

Year Built

1923

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #10981898)

Price History

Date / Event	Date	Event
Mar 29, 2024	Sold	Premium
Sold
Dec 28, 2023	Listed by GREAT HOMES REAL ESTATE, INC.	$221,900
Listed by GREAT HOMES REAL ESTATE, INC.

	Beautiful and Attractive home in a GREAT location!! 2 Bed, 2 Bath home nicely updated! Just move right in! Some Updates include: Updated kitchen, remodeled bathroom, Roof, siding, Nicely Fenced, Central Air Conditioning, furnace and new laminate flooring throughout first floor all done during the most recent years. Basement is ready to bring your creative ideas, The asphalt driveway also in 2022 that will hold up to 3/4 cars and an existing concrete garage pad. Close to all accommodations including schools, parks, shops, restaurants and more! PLUS, LOW TAXES!!!
Feb 24, 2021	Sold	Premium
Sold
Jan 28, 2021	Listed by Grandview Realty, LLC	$79,900
Listed by Grandview Realty, LLC

Property Highlights

Building Info

Overview

General

Year Built: 1923

Effective Year Built: 1923
Building Count: 1
Total Rooms: 5
Bedroom Count: 0
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
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: 100
Living Units: 1
Floor Cover: 0
Basement Type: 8
Basement Area: 820
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: 1,640
Gross Building Area: 1,640
Building Area: 820
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 820
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

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 9 BLOCK 19

Neighborhood

School District Name: School District U-46

Census Tract: 851101

Geography

Parcel: 06-14-352-010

Block: 19
Lot: 9
Municipality: ELGIN
Latitude: 42.0326
Longitude: -88.3009

Address

Full Address: 71 S Commonwealth Ave

Address - House Number: 71
Street Direction: S
Address - Street Name: Commonwealth
Address - Suffix Type: Ave
State: IL
City Name: Elgin
Carrier Code: C083
4-Digit Zip Code: 6157
Zip Code: 60123

Valuation

Tax

Tax Year: 2022

Tax Amount: $327,144
Tax Rate Code Area: EL005

Appraisal Valuation

Standard Deviation: 0.0882

Valuation Date: Apr 03, 2024
Confidence Score: 92
Final Value: 216,753
High Value: 235,892
Low Value: 197,615

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $132,203

Market Land Value: $35,387
Market Improvement Value: $96,816

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $44,050
Assessed Land Value: $11,791
Assessed Improvements Value: $32,259

Sales

Current Sale Contract Date: Mar 29, 2024

Current Sale Recording Date: Apr 02, 2024
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 10652
Previous Sale Recording Date: Mar 29, 2021
Previous Sale Contract Date: Jan 08, 2021
Previous Sale Amount: $28,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Southwest Elgin

Stats & Trends

Median Asking:

$299,898

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

Average Home Size

1536 ft²

Average Home Age

54.7 years

Currently For Sale

19 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 113 Elm Street, Elgin, IL, 60123

$1,900 /mo

2 Beds
1 Bath
858 ft²

113 Elm Street #B, Elgin, IL, 60123 Listing by Natalie Kofie

Unit for rent at 40 Dupage Court, Elgin, IL, 60120

$2,050 /mo

2 Beds
2 Baths
969 ft²

40 Dupage Court #209, Elgin, IL, 60120 Listing by Andrew Stoll

Unit for rent at 328 Lilac Lane, Elgin, IL, 60123

$1,995 /mo

3 Beds
1 Bath

328 Lilac Lane #C, Elgin, IL, 60123 Listing by Jennifer McGrath

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Christopher Lobrillo, Grandview Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 10981898

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

71 S Commonwealth Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Southwest Elgin

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions