Sold657d on marketHistoric · 126 yrs
1162 Preston Ave
Elgin, IL, 60120 • 60120 • Kane County
$288,000
3Beds
2Baths
0.17 acLot
1900Built
Property DNA
Character Home
Built 1900 · 126 years of history
Outdoor Living
Deck
2-Car Garage
Garage Door Opener · Garage · On Site · Garage Owned · Detached · Driveway · Owned
This home is in high demand
Listed 657 days ago · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
657 days on market
Established listing
Selling Soon Prediction
Very HighThis home ranks in the top 1% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1900 · Historic
Beautiful bright, clean & well maintained two flat with separate private front & back entrances and storage spaces*both have hardwood flooring*large windows & ceiling fans*Main Level Unit 1 has two bedrooms, living room, dining room, kitchen, full bathroom, sunroom & full basement accessed from kitchen with laundry, storage & exterior access. Unit 2 has vestibule, 1 bedroom, living room, eat in kitchen, full bathroom*large walk in attic storage with exterior access to backyard*spacious private backyard*2 Car Detached Garage*Updated Electric Panels*Close to shopping, entertainment, restaurants, award winning Gail Borden Library, parks, Elgin Community College, Science & Arts Academy, medical, expressways, Casino, Hemmens Cultural Center, Festival Park Playground, The Fox River, Elgin History Museum & historic downtown Elgin area*Move in Ready with instant 2nd level rental income!!
Estimated monthly payment
Based on current rates
$1,796/month
Principal & Interest$1,412
Property Tax$288
Insurance$96
Down payment20% ($57,600)
3%50%
Est. 6.20% rate · 30yr fixed · $230,400 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1900
HeatingNatural Gas, Forced Air
Parking2 Garage spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1900
Systems
HeatingNatural Gas, Forced Air
RoofAsphalt
ConstructionOther
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingGarage Door Opener, Garage, On Site, Garage Owned, Detached, Driveway, Owned
Garage2 spaces
BasementUnfinished,Partial Exposure,Stone/Rock,Storage Space,Walk-Up Access,Full,Walk-Out Access
Lot7,405 sqft
Location & Tax
Neighborhood60120
Annual tax$4,269
Parcel0612227011
Bathrooms & Fees
Full baths2
Features & details
6 categories of property features
Interior Features
Heating
Natural Gas
Forced Air
Exterior Features
Parking
Garage Door Opener
Garage
On Site
Garage Owned
Detached
Driveway
Owned
Construction
Other
Patio & Porch
Deck
Community
Curbs
Sidewalks
Street Paved
Other Equipment
Ceiling Fan(s)
Listing insights
Market data and value estimates
StatusSold
Days on market657
Est. value$334,200
Est. rent$2,016/mo
Tax rate2.15%
On marketMay 17, 2024
PostedMay 17, 2024
Last sold$288,000
MLS statusClosed
MLS updatedJun 22, 2024
Tour days6
How are the schools in Elgin?
3 schools rated nearby
Location
Elgin, IL, 60120
Price history
4 events
DateEventPrice$/sqftSource
Jun 21, 2024Sold$288,000—MRED as distributed by MLS GRID
May 23, 2024Pending Sale$275,000—MRED as distributed by MLS GRID
May 17, 2024Listed For Sale$275,000—MRED as distributed by MLS GRID
Nov 25, 2002Sold$165,000—Public Record
Sold$288,000
Jun 21, 2024•MRED as distributed by MLS GRID
Pending Sale$275,000
May 23, 2024•MRED as distributed by MLS GRID
Listed For Sale$275,000
May 17, 2024•MRED as distributed by MLS GRID
Sold$165,000
Nov 25, 2002•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 10, 2024$5,134$72,154
Apr 10, 2023$4,875$65,185
Apr 10, 2022$4,269$55,227
Apr 10, 2021$4,071$51,633
Apr 10, 2020$3,948$49,292
Apr 10, 2019$3,825$46,953
Apr 10, 2018$3,780$44,233
Apr 10, 2017$3,684$41,816
Apr 10, 2016$4,137$38,794
Apr 10, 2015—$35,558
Apr 10, 2014—$35,119
Apr 10, 2013—$36,045
Apr 10, 2012—$44,171
Apr 10, 2011—$60,211
Apr 10, 2010—$66,642
Apr 10, 2009—$71,443
Apr 10, 2008—$71,443
Apr 10, 2007—$69,147
Apr 10, 2006—$64,748
Apr 10, 2005—$60,802
Apr 10, 2004—$55,677
Apr 10, 2003—$51,653
Apr 10, 2002—$47,827
Apr 10, 2001—$44,511
Apr 10, 2000—$42,359
Nearby homes
Neighborhood details
Local context around this listing
Elgin, IL • Kane County
Nearby neighborhoods
Cobblers CrossingCollege GreenCollege ParkGifford ParkGrant ParkNorth Country KnollsNortheastern ElginSoutheast ElginSouthwest ElginValley Creek
Nearby cities
Arlington HeightsAuroraChicagoCiceroDes PlainesElginEvanstonOrland Park
Nearby zip codes
60120601216012360124
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Based on information submitted to the MLS GRID as of 2026. 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. [Click here for more information](/mls-disclaimers/#17)
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