29 days on rocket

220 Dexter Ave, Elgin, IL, 60120

$299,800

Home List Price

$3,560*

Closing Credit

4 Bedrooms
4 Baths
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

220 Dexter Ave, Elgin$299,800

Buyer Closing Credits

$3,560*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
Garage2 spaces
Year Built1880
HeatingRadiant
BasementYes
MLS #12015645
Lot Size0.14 Acres
StatusActive
(Re-activated)

About 220 Dexter Ave

Now here is a solid investment property located in the heart of Downtown Elgin with a few key points that stand out: Desirable Location: Being in the heart of downtown Elgin makes it an attractive spot for renters due to proximity to amenities, transportation, and possibly employment opportunities. Stable Tenancy: Having long-term renters in 2 of the 3 units who wish to stay is a big plus. It suggests less turnover and potentially lower vacancy rates, both of which are good for steady income. Income Potential: The possibility of renovating the 4th unit in the basement is intriguing and would significantly increase the property's income potential. Recent Improvements: new roof, gutters, chimney rebuild, sewer line, and water heaters, add to the property's value. They reduce the likelihood of major repairs in the near future and can be appealing to both tenants and potential buyers. Upcoming City Infrastructure Improvements: The city's plan to replace lead pipes is beneficial for the property in the long run, ensuring better water quality for tenants and potentially increasing property desirability. Do not pass up a fantastic opportunity to expand your investment portfolio!

Property Details

Property Features

Property Information:

  • Year Built: 1880

Listing Office:

  • Office Name: Fulton Grace Realty
  • Office Phone: (847) 352-5200
  • Listing Agent: Vickie Soupos

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Radiant

School Info

Assigned Schools Information:

  • Larkin High School, Public Magnet Grades 9-12
  • Kimball Middle School, Public Magnet Grades 7-8
  • Ronald O'Neal Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: DUNDEE AVE S OF 58 TO DEXTER WEST

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,800

Tax Information:

  • Annual Amount: $5,602
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Elgin, IL

City

Med. Sold Price

$305.1K

Med. Price/SqFt

$179

Avg. Days On Market

33

# of Sold Homes

78

220 Dexter Ave vs Elgin

29 DAYS ON ROCKET

-4 Days

$299,800

-$5.3K Less

KEY TAKEAWAY

This property is $5.3K 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: #12015645

Listing Office:

  • Office Name: Fulton Grace Realty
  • Office Phone: (847) 352-5200
  • Listing Agent: Vickie Soupos

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: 4/27/2024, 12:15:21 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 01, 2021Home Sold
$240,000
Feb 10, 2003Home Sold
$163,000
Apr 23, 2002Home Sold
$140,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,602$61,419
2019$5,449$58,505
2018$5,359$55,116
2017$5,359$52,105

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$965

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-1235947
3
/10

  • Ronald O'Neal Elementary School

  • 510 Franklin Blvd

  • 0.63 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-1235948
3
/10

  • Kimball Middle School

  • 451 N Mclean Blvd

  • 1.49 miles

  • Public Magnet Grades 7-8

High School

school-card-donut-1235949
2
/10

  • Larkin High School

  • 1475 Larkin Ave

  • 1.70 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 $48,194. The majority of Elgin, IL residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 220 Dexter Ave

What is the listing price of this property?

The listing price of 220 Dexter Ave property is $299,800.

What type of property is this?

The property 220 Dexter Ave is a house located in Elgin, Illinois, 60120.

Is this property for sale now?

Active Listing: 220 Dexter Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 220 Dexter Ave are:
Ronald O'Neal Elementary School: GreatSchools Rating 3/10
Kimball Middle School: GreatSchools Rating 3/10
Larkin High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,602 (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 1, 2021 for $240,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 220 Dexter Ave has 4 bedrooms and 4 bathrooms.

Which year was this property built?

The year of construction for 220 Dexter Ave is 1880.

Rocket Homes›Illinois›Kane County›Elgin›60120›220 Dexter Ave

This home is located at 220 Dexter Ave in Elgin, IL and zip code 60120. This home, which was built in 1880, sits on a 0.14 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $299,800.

In March 2024, from all listings sold in Elgin, IL there were more than 36 sold above asking price, over 27 sold below and more than 15 were sold right at the asked price. The number of listings in Elgin, IL increased by 22.6% between February 2024 and March 2024. While the average time on the market in March 2024 was 33 days, the median list price was $305,168.

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

More Resources