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  • $286,000

    220 Dexter Ave, Elgin, IL 60120

    2beds
    --sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $306,400 Zestimate®
    $--/sqft
    $1,920 Estimated rent

    Home value

    $306,400

    $276,000 - $343,000

    $1,920/mo

    Zestimate® history
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    $1,920/mo

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    $1,920/mo

    Rent Zestimate®

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    $2,043/mo

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    $2,043/mo

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    What's special

    Chimney rebuildWater heatersNew roof
    Here's an excellent investment property opportunity in the heart of Downtown Elgin, offering several standout features: **Prime Location:** Situated in the vibrant downtown area, this property is highly appealing to renters, thanks to its proximity to amenities, transportation, and potential employment hubs. **Income Growth Potential:** The basement unit offers exciting renovation possibilities. Converting it into a fourth rentable space could significantly boost the property's earning potential. **Recent Upgrades:** Major updates, including a new roof (2021), gutters, chimney rebuild, sewer line, and water heaters (2023), enhance the property's value. These improvements reduce the likelihood of costly repairs and make the property more attractive to tenants and buyers alike. City of Elgin will fix front landscaping and front section of cement driveway come spring. **Future City Enhancements:** Planned city infrastructure upgrades, such as lead pipe replacements, will ensure improved water quality for tenants and enhance the property's long-term desirability. Don't miss this fantastic chance to grow your investment portfolio!

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Vickie Soupos 630-965-6000,

    Fulton Grace Realty

    Bought with:

    Jesus Perez

    Casablanca

    Source: MRED as distributed by MLS GRID,MLS#: 12266014MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Radiant
    Features
    • Basement: Partially Finished,Full,Walk-Out Access

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Lot
    • Size: 6,098 sqft
    • Dimensions: 54 X 127
    Details
    • Parcel number: 0613151009
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1880
    • Major remodel year: 2021

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Community
    • Community features: Sidewalks, Street Lights, Street Paved
    Location
    • Region: Elgin

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/10/2025Sold$286,000-7.7%
    Source: MRED as distributed by MLS GRID #12266014 Report a problem
    1/20/2025Pending sale$309,900
    Source: MRED as distributed by MLS GRID #12266014 Report a problem
    1/7/2025Listed for sale$309,900+3.3%
    Source: MRED as distributed by MLS GRID #12266014 Report a problem
    8/10/2024Listing removed--
    Source: MRED as distributed by MLS GRID #12099199 Report a problem
    8/7/2024Pending sale$299,900
    Source: MRED as distributed by MLS GRID #12099199 Report a problem
    7/1/2024Listed for sale$299,900+0%
    Source: MRED as distributed by MLS GRID #12099199 Report a problem
    7/1/2024Listing removed--
    Source: MRED as distributed by MLS GRID #12015645 Report a problem
    5/8/2024Contingent$299,800
    Source: MRED as distributed by MLS GRID #12015645 Report a problem
    4/25/2024Listed for sale$299,800
    Source: MRED as distributed by MLS GRID #12015645 Report a problem
    4/16/2024Contingent$299,800
    Source: MRED as distributed by MLS GRID #12015645 Report a problem
    3/29/2024Listed for sale$299,800+24.9%
    Source: MRED as distributed by MLS GRID #12015645 Report a problem
    2/1/2021Sold$240,000
    Source: Public Record Report a problem
    11/13/2020Sold$240,000-15.8%
    Source: MRED as distributed by MLS GRID #10843471 Report a problem
    9/8/2020Pending sale$284,900
    Source: @properties #10843471 Report a problem
    9/2/2020Price change$284,900-3.4%
    Source: @properties #10843471 Report a problem
    7/24/2020Listed for sale$295,000+81%
    Source: @properties #10793805 Report a problem
    2/10/2003Sold$163,000+16.4%
    Source: Public Record Report a problem
    4/23/2002Sold$140,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,250 +3.9%$90,587 +10.7%
    2023$6,976 +16.9%$81,838 +18.9%
    2022$5,967 +4%$68,815 +7%
    2021$5,740 +2.5%$64,337 +4.8%
    2020$5,602 +2.5%$61,419 +5%
    2019$5,464 +0.3%$58,505 +6.1%
    2018$5,449 +1.7%$55,116 +5.8%
    2017$5,359 +4%$52,105 +7.8%
    2016$5,155 $48,339 +9.1%
    2015-- $44,307 +1.3%
    2014-- $43,760 -2.6%
    2013-- $44,914 -17%
    2012-- $54,096 -1.6%
    2011-- $54,999 -9.6%
    2010-- $60,873 -6.7%
    2009-- $65,258
    2008-- $65,258 -1.9%
    2007-- $66,505 +4.2%
    2006-- $63,830 +14.1%
    2005-- $55,930 +6.8%
    2004-- $52,388 +7.8%
    2003-- $48,602 +20.3%
    2002-- $40,399 +19.8%
    2001-- $33,731 +9.8%
    2000-- $30,730

    Find assessor info on the county website

    Neighborhood: Downtown Elgin

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hillcrest Elementary School
    • Middle: Kimball Middle School
    • High: Larkin High School
    • District: 46

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $306,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $306,400