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Backup Offers

541 Arlington Ave, Elgin, IL, 60120

$314,900

Home List Price

$3,739*

Closing Credit

4 Bedrooms
2 Baths
House

Location

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541 Arlington Ave, Elgin$314,900

Buyer Closing Credits

$3,739*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDriveway
Year Built1900
HeatingNatural Gas
BasementYes
MLS #12046766
StatusAccepting Backup Offers
(Contingent)

About 541 Arlington Ave

UNIQUE OPPORTUNITY IN THIS GREAT LARGE 2 UNIT WITH NICE BRIGHT AIRY APARTMENTS. BEAUTIFUL WOOD MOLDINGS THROUGHOUT, HARDWOOD FLOORS AND GENEROUS ROOM SIZES. EACH WITH FORMAL DINING ROOMS AND BALCONY. ENJOY A TOTAL OF 1,119 SQ. FT. IN EACH UNIT PLUS FULL BASEMENT WITH TALL CEILINGS FOR EXTRA ROOM AND STORAGE, JUST WAITING FOR YOUR FINISHING TOUCH. LOCATED IN A GORGEOUS HISTORIC DISTRICT NEIGHBORHOOD IN ELGIN'S EAST SIDE. CONVENIENT PARKING IN THE BACK. SEPARATE ELECTRIC AND GAS. WALKING DISTANCE TO SCHOOL, PARK, ELGIN FIRE BARN MUSEUM & EASY ACCESS TO I90. GREAT INVESTMENT OPPORTUNITY WITH LOTS OF POTENTIAL. DON'T MISS OUT!

Property Details

Property Features

Property Information:

  • Architectural Style: American 4-Sq.
  • Year Built: 1900

Listing Office:

  • Office Name: Zamudio Realty Group
  • Office Phone: (847) 608-6600
  • Listing Agent: Esther Zamudio

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Balcony, Deck

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Natural Gas

School Info

Assigned Schools Information:

  • Elgin High School, Public Magnet Grades 9-12
  • Ellis Middle School, Public District Grades 7-8
  • Huff Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Liberty St (Route 25) To Bent St. West To Arlington Ave. South

Price Information

Listing Price Info

Price Summary:

  • List Price: $314,900

Tax Information:

  • Annual Amount: $4,745
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Elgin, IL.

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Elgin, IL

City

Med. Sold Price

$324.1K

Med. Price/SqFt

$183

Avg. Days On Market

15

# of Sold Homes

115

541 Arlington Ave vs Elgin

60 DAYS ON ROCKET

+45 Days

$314,900

-$9.2K Less

KEY TAKEAWAY

This property is $9.2K less than the Median Sold Price in Elgin, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12046766

Listing Office:

  • Office Name: Zamudio Realty Group
  • Office Phone: (847) 608-6600
  • Listing Agent: Esther Zamudio

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 10:15:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 28, 2016Home Sold
$110,000
Nov 18, 2002Home Sold
$210,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,745$52,030
2019$4,022$49,562
2018$3,922$46,690
2017$3,923$44,139

History based on county public records data.

Payment Calculator

$1,639

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,011

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-173751
5
/10

  • Huff Elementary School

  • 801 Hastings St

  • 0.47 miles

  • Public District Grades PK-6

Middle School

school-card-donut-173752
4
/10

  • Ellis Middle School

  • 225 S Liberty St

  • 0.53 miles

  • Public District Grades 7-8

High School

school-card-donut-173753
3
/10

  • Elgin High School

  • 1200 Maroon Dr

  • 1.23 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,913. The most common annual income of people living in Elgin, IL is between $35k-100k. Typical family type is married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Elgin, IL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Elgin, IL.

Elgin offers a diverse housing market with a blend of historical and contemporary architectural styles. The housing landscape features a selection of single-family homes, which are prevalent, alongside a mix of apartments and townhouses that cater to various preferences. The architectural styles range from Victorian and Colonial to modern constructions, with a significant portion of homes built in the late 20th century. The homeownership rate in Elgin is robust, with a substantial majority of residents owning their homes, while a smaller percentage are renters.

What is it like to live in Elgin, IL?

Elgin is celebrated for its rich cultural heritage and community spirit. The city prides itself on its vibrant downtown area, which serves as a hub for local events and festivals that reflect the community's diverse cultural identity. The presence of historical buildings and landmarks contributes to the unique character of Elgin, offering residents and visitors a glimpse into the city's storied past.

Is it easy to get around Elgin, IL without a car?

The community benefits from a solid educational system, with numerous public and private schools providing a range of educational opportunities. Elgin is home to several healthcare facilities, offering services that include urgent care, primary care, and specialized medical treatments. The city also features a network of public libraries and a variety of retail and dining options that showcase the local culture. City initiatives are in place to continually improve services to meet the evolving needs of Elgin's diverse population.

Transportation in Elgin, IL.

Elgin's transport infrastructure includes a variety of options for both private and public transit. The city's road network facilitates easy commuting and travel, with access to major highways. Public transportation services are available, with schedules designed to accommodate the needs of residents. The community also features areas with high walkability, and there are initiatives to enhance bikeability across the city. Ride-sharing services are present, providing additional transportation options for the community.

Frequently Asked Questions About 541 Arlington Ave

What is the listing price of this property?

The listing price of 541 Arlington Ave property is $314,900.

What type of property is this?

The property 541 Arlington Ave is a house located in Elgin, Illinois, 60120.

Is this property for sale now?

Accepting Backup Offers: 541 Arlington Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 541 Arlington Ave are:
Huff Elementary School: GreatSchools Rating 5/10
Ellis Middle School: GreatSchools Rating 4/10
Elgin High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,745 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 28, 2016 for $110,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 541 Arlington Ave has 4 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 541 Arlington Ave is 1900.

Rocket Homes›Illinois›Kane County›Elgin›60120›541 Arlington Ave

This home is located at 541 Arlington Ave in Elgin, IL and zip code 60120. This home was built in 1900. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $314,900.

Over 54 listings were sold over their listed price in August 2024 in Elgin, IL. In the same period over 35 listings were sold below the listed price and 26 listings were sold for the listed price. The number of homes for sale in Elgin, IL increased by 5.7% between July 2024 and August 2024. The median list price of listings available in August 2024 was $324,105, while the average time on the real estate market was 15 days.

From Rocket Homes Real Estate and based on county public records data.

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