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Off market
  • $274,500

    861 Illinois Ave, Elgin, IL 60120

    3beds
    1,300sqft
    MultiFamily
    Built in 1882
    -- sqft lot
    $274,500 Zestimate®
    $211/sqft
    $1,860 Estimated rent

    Home value

    $274,500

    $247,000 - $299,000

    $1,860/mo

    Zestimate® history
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    $1,860/mo

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    $2,076/mo

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    $2,076/mo

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    What's special

    MULTIFAMILY PROPERTY THAT CASH FLOWS $2200 A MONTH. First Floor-1 Bedroom and 1 Bathroom (Vacant) Second Floor-2 Bedroom 1 Bathroom (currently rented and completely remodeled 2 months ago). Property has a 2 car garage and storage shed with a huge backyard. Maintenance: HVAC and driveway brand new. Roof and windows 4 years old. Schools are the BEST in Elgin: Keyonwoods and South Elgin HS. Perfect for an investor or anyone who would like to live in the bottom unit. Realtors are welcome @ 1% Tom 630-247-0801

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Hardwood, Laminate
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 1,300 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Features
    • Exterior features: Metal
    Lot
    • Size: 7,710 Square Feet
    Details
    • Parcel number: 0624478003

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1882

    Community & HOA

    Location
    • Region: Elgin

    Financial & listing details

    • Price per square foot: $211/sqft
    • Tax assessed value: $263,871
    • Annual tax amount: $6,710

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner Report a problem
    7/11/2020Listing removed$225,000$173/sqft
    Source: Owner Report a problem
    7/9/2020Listed for sale$225,000+36.4%$173/sqft
    Source: Owner Report a problem
    9/22/2019Listing removed$1,100$1/sqft
    Source: Tanis Group Realty #10505725 Report a problem
    9/20/2019Sold$165,000$127/sqft
    Source: Public Record Report a problem
    9/5/2019Listed for rent$1,100$1/sqft
    Source: Tanis Group Realty #10505725 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,710 +3.5%$87,957 +8.6%
    2024$6,483 +3.9%$81,014 +10.7%
    2023$6,239 +16.8%$73,190 +18.8%
    2022$5,343 +4%$61,616 +7%
    2021$5,140 +2.5%$57,607 +4.7%
    2020$5,016 -3.5%$54,995 -1.2%
    2019$5,197 +17.3%$55,646 +24.1%
    2018$4,432 +1.7%$44,825 +5.8%
    2017$4,359 +4%$42,376 +7.8%
    2016$4,193 $39,314 +9.1%
    2015-- $36,035 +1.3%
    2014-- $35,590 -14.8%
    2013-- $41,777 -14.4%
    2012-- $48,826 -4.2%
    2011-- $50,952 -9.6%
    2010-- $56,394 -6.7%
    2009-- $60,457
    2008-- $60,457 +3.3%
    2007-- $58,514 +7.8%
    2006-- $54,262 +6.5%
    2005-- $50,955 +6.8%
    2004-- $47,729 +7.8%
    2003-- $44,280 +16.6%
    2002-- $37,987 +7.5%
    2001-- $35,353 +5.1%
    2000-- $33,644
    Find assessor info on the county website

    Neighborhood: Southeast Elgin

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $274,500
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    Estimated market value
    $274,500