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7 S Edison Ave, Elgin, IL, 60123

$250,000

Home List Price

$2,969*

Closing Credit

2 Bedrooms
2 Full Baths
1,320 SqFt
$189/SqFt
House

Location

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7 S Edison Ave, Elgin$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Driveway
Garage2 spaces
Year Built1923
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
WaterfrontFencing
MLS #12257060
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Contingent)

About 7 S Edison Ave

Beautifully updated Cape Cod that blends modern touches with classic charm. Enter through a leaded glass door into a welcoming foyer with slate tile flooring. Beyond, an open-concept great room and dining area await, featuring chair rail detailing, decorative paint, and a stylish overhead light, seamlessly flowing into the updated kitchen. This kitchen shines with granite countertops, a glass tile backsplash, stainless steel appliances, and a breakfast bar that opens to the dining area, along with additional table space. Off the foyer, you'll find a spacious living room adorned with a lighted ceiling fan, a brick-surround fireplace, and custom blinds. Throughout the first floor, you'll appreciate 6" baseboards, crown molding, arched doorways, and wide-plank hardwood floors, all adding a touch of elegance. Upstairs, the master and second bedrooms both offer walk-in closets, hardwood flooring, and decorative paint. A full bath on this level features a tile-surround tub/shower, marble-look vinyl flooring, an oak vanity with a cultured marble sink, and a window that fills the space with natural light. The second bedroom features a private deck. The finished basement provides versatile space, with vinyl tile flooring, half-wall wood paneling, a bar area, a rec room, a utility room, and a cozy private room. The full bath here includes a slate-tile shower with a seating bench and a furniture-style vanity.Situated on a spacious lot, this home offers a large concrete patio, pond, a detached two-car garage, mature landscaping, and convenient access to shopping, schools, expressways, and the Metra. Truly a must-see!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1923
  • Living Area: 1,320 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (847) 306-6158
  • Listing Agent: Steve Rollins

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Yes
  • Interior: Bar-Wet, Hardwood Floors, Wood Laminate Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Balcony, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Off Street, Driveway

Lot Features

Lot Information:

  • Lot: Fencing
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Larkin Ave to south on S Edison Ave. House will be on left side of street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $189/SqFt

Tax Information:

  • Annual Amount: $4,384
  • 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

$329.9K

Med. Price/SqFt

$187

Avg. Days On Market

22

# of Sold Homes

96

7 S Edison Ave vs Elgin

1 DAY ON ROCKET

-21 Days

$250,000

-$79.9K Less

$189/SqFt

+$2 More

KEY TAKEAWAY

This property is $79.9K less than the Median Sold Price and $2/SqFt more than other homes in Elgin, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12257060

Listing Office:

  • Office Name: Compass
  • Office Phone: (847) 306-6158
  • Listing Agent: Steve Rollins

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.

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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

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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: 12/17/2024, 11:46:02 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

Feb 04, 2019Home Sold
$148,000
Jun 10, 2011Home Sold
$80,500

Tax History

YEARPROP. TAXASSESSMENT
2020$4,384$54,068
2019$4,796$51,503
2018$4,717$48,519
2017$4,718$45,868

History based on county public records data.

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$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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.

Nearby Schools

school-card-donut-4320638
4
/10

  • Washington Elementary School

  • 819 W Chicago St

  • 0.28 miles

  • Public District Grades KG-6

school-card-donut-4320639
3
/10

  • Highland Elementary School

  • 190 N Melrose Ave

  • 0.39 miles

  • Public District Grades KG-6

school-card-donut-4320640
4
/10

  • Harriet Gifford Elementary School

  • 240 S Clifton Ave

  • 0.53 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,991. Most Elgin, IL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

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.

What are the common housing types 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 are the advantages of living 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.

Are essential services in Elgin, IL convenient?

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.

How do Elgin, IL residents get around?

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 7 S Edison Ave

What is the listing price of this property?

The listing price of 7 S Edison Ave property is $250,000.

What type of property is this?

The property 7 S Edison Ave is a house located in Elgin, Illinois, 60123.

Is this property for sale now?

Accepting Backup Offers: 7 S Edison Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,384 (source: MLS/based on county public records data).

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

The last sale was on February 4, 2019 for $148,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7 S Edison Ave has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7 S Edison Ave is 1,320 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7 S Edison Ave is 1923.

Rocket Homes›Illinois›Kane County›Elgin›60123›7 S Edison Ave

This home is located at 7 S Edison Ave in Elgin, IL and zip code 60123. This 1,320 square foot home, which was built in 1923, sits on a 0.15 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $250,000.

In November 2024 more than 35 listings in Elgin, IL were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 38 were sold below. The number of homes for sale in Elgin, IL increased by 1.6% between October 2024 and November 2024. Listings spent 22 days on the market in November 2024, and had a median list price of $329,950 during the same period.

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

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