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Off market
  • $304,900

    486 Ashland Ave, Elgin, IL 60123

    5beds
    0baths
    2,000sqft
    MultiFamily
    Built in 1879
    -- sqft lot
    $304,900 Zestimate®
    $152/sqft
    $2,385 Estimated rent

    Home value

    $304,900

    $277,000 - $332,000

    $2,385/mo

    Zestimate® history
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    $2,193/mo

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    $2,193/mo

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    What's special

    Incredible value in this Victorian 2-flat on a corner lot! Originally built as a single-family home, could be kept as a 2-unit or deconverted. Hardwood floors, original Victorian-era trim and solid wood doors, bay windows, hi-efficiency boiler for 1st flr and forced air furnace for 2nd floor. 1st floor is 3bd/1ba (3rd bedroom is very small), 2nd floor is 2bd/1ba, both units currently rented on month-to-month leases. Total rent of over $2,000/mo. Decks recently repaired/replaced. 2.5-car detached garage and spacious yard. Convenient location is 1 block from Marie Grolich park, walkable to National Street Metra, 2 minutes to elementary school, 6 minutes to middle school, 7 minutes to Larkin HS, 1 turn off of Rt 20, and 8 minutes to I-90. Property needs work and is sold as-is but is up-to-date with City of Elgin inspections. Conventional or cash, no FHA/VA. Photos are from before current tenants moved in.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 0
    Appliances
    • Included: Dishwasher, Refrigerator
    Interior area
    • Total interior livable area: 2,000 sqft

    Property

    Lot
    • Size: 7,980 sqft
    Details
    • Parcel number: 0624155023

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1879

    Community & neighborhood

    Location
    • Region: Elgin

    Price history

    DateEventPrice
    11/18/2020Sold$140,000-6.7%$70/sqft
    Source: Public Record Report a problem
    9/2/2020Listed for sale$150,000+7.1%$75/sqft
    Source: Keller Williams Preferred Realty #10759205 Report a problem
    8/21/2020Sold$140,000-6.7%$70/sqft
    Source: MRED as distributed by MLS GRID #10759205 Report a problem
    6/29/2020Pending sale$150,000$75/sqft
    Source: Keller Williams Preferred Realty #10759205 Report a problem
    6/25/2020Listed for sale$150,000+1.9%$75/sqft
    Source: Keller Williams Preferred Realty #10759205 Report a problem
    5/14/2008Sold$147,200$74/sqft
    Source: MRED as distributed by MLS GRID #06628332 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,513 +3.9%$81,386 +10.7%
    2023$6,268 +16.5%$73,526 +18.5%
    2022$5,379 +4%$62,029 +7%
    2021$5,174 +2.5%$57,992 +4.8%
    2020$5,049 +2.5%$55,362 +5%
    2019$4,925 +0.3%$52,736 +6.2%
    2018$4,912 +1.7%$49,680 +5.8%
    2017$4,831 +4%$46,966 +7.8%
    2016$4,647 $43,571 +9.1%
    2015-- $39,936 +1.3%
    2014-- $39,442 -2.6%
    2013-- $40,482 -19%
    2012-- $49,965 -1.2%
    2011-- $50,567 -9.7%
    2010-- $55,968 -6.7%
    2009-- $60,000 +16.1%
    2008-- $51,660 -25.5%
    2007-- $69,345 +4.2%
    2006-- $66,557 +9.7%
    2005-- $60,664 +6.8%
    2004-- $56,823 +7.8%
    2003-- $52,717 +8%
    2002-- $48,812 +7.5%
    2001-- $45,427 +5.1%
    2000-- $43,230

    Find assessor info on the county website

    Neighborhood: Southwest Elgin

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lowrie Elementary School
    • Middle: Abbott Middle School
    • High: Larkin High School

    Source: The MLS. 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
    $304,900
    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
    $304,900