See Home Value
$375,000
● House - Off Market

862 Arthur Drive

Elgin, IL 60120
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,253 Ft²
$2,295
Est. Monthly
6.77%
Cap Rate

About This Property

Beautifully Updated Brick Ranch in Sought-After Lords Park Manor! This meticulously maintained 3-bedroom, 2.5-bath brick-front ranch offers the perfect blend of charm, function, and modern updates. Set on a deep lot with mature trees and a concrete driveway, this home truly stands out. Step inside to discover fresh, neutral flooring (new carpet installed in 2025), crown molding, and abundant natural light throughout. The gorgeous, fully remodeled kitchen features crisp white cabinetry with under-cabinet lighting, granite countertops, stainless steel appliances, a modern sink and faucet, and a separate dining area with sliding doors opening to a private patio-ideal for entertaining. All the major improvements are done for you: newer roof and siding, all new Anderson windows, new window treatments, an insulated garage door, updated service doors, a 4-year-old furnace, new smoke detectors, and an inlet ready for a generator.  The spacious finished basement expands your living space with a large recreation area, a full bath, and a versatile bonus room perfect for an office, guest space, or hobbies. A second kitchen area with cabinetry, sink, and gas hookup for a stove makes hosting gatherings a breeze. The oversized 24x24 garage is spotless with epoxy floors, attic storage, and a freezer included. The primary bedroom offers a walk-in closet and a private powder room. Enjoy the peace and privacy of the beautifully landscaped backyard and the convenience of being near I-90, the Metra train, shopping, dining, and beautiful Lords Park. This is truly a move-in ready gem where pride of ownership shines in every detail!
Unit Size
1,253 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$279
Property Type
House
Property Taxes
$576
HOA Dues
-
Year Built
1974

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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,560
  • Total Building Area: 1,253
  • Gross Building Area: 1,253
  • Building Area: 1,253
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,253
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LORDS PARK MANOR 06
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804403

Geography

  • District: 18
  • Parcel: 06-07-112-003-0000
  • Lot: 172
  • Meridian: SEC 07 TWN 41N RNG 9E
  • Municipality: HANOVER
  • Latitude: 42.0525
  • Longitude: -88.2587

    Address

  • Full Address: 862 Arthur Dr
  • Address - House Number: 862
  • Address - Street Name: Arthur
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: C025
  • 4-Digit Zip Code: 3116
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $671,377
  • Tax Rate Code Area: 18029

    Appraisal Valuation

  • Standard Deviation: 0.2478
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 306,783
  • High Value: 382,821
  • Low Value: 230,745

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $49,140
  • Market Improvement Value: $190,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $4,914
  • Assessed Improvements Value: $19,086

    Sales

  • Current Sale Contract Date: Jan 02, 2018
  • Current Sale Recording Date: Jan 16, 2018
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1801649268

    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 Northeast Elgin


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 155 Festival Court, Elgin, IL, 60120

$2,800 /mo

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


Frequently Asked Questions

When was property at 862 Arthur Drive built and last sold?
The property at 862 Arthur Drive was built in 1974 and last sold on Jan 2, 2018 for $200,000.
How much is this home worth?
The estimated value of the home located at 862 Arthur Drive is $0.
What are some comparable homes to 862 Arthur Drive?
There are currently no comparable homes to 862 Arthur Drive.