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516 Cleveland Ave, Elgin, IL, 60120

$279,900

Home List Price

$3,324*

Closing Credit

2 Bedrooms
2 Full Baths
1,042 SqFt
$269/SqFt
House
Schools Nearby

Location

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516 Cleveland Ave, Elgin$279,900

Buyer Closing Credits

$3,324*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage2 spaces
Year Built1929
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #12002052
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Contingent)

About 516 Cleveland Ave

Welcome to your dream home! This meticulously renovated residence offers the perfect blend of modern updates and classic charm, ensuring a move-in ready experience for its lucky new owners. Boasting 3 bedrooms, 2 full bathrooms, and a host of recent upgrades, this home is sure to impress even the most discerning buyer. Key Features: Completely Rehabbed: Step into a home that feels brand new, inside and out. This property underwent a comprehensive renovation in 2024, ensuring that every corner exudes fresh style and modern functionality. Stunning Kitchen: The heart of the home, the kitchen, shines with all-new stainless steel appliances, quartz countertops, a deep sink, cabinets, and a stylish backsplash-all installed in 2024. It's a chef's delight, perfect for culinary adventures and entertaining guests. Refinished Hardwood Floors: The timeless beauty of hardwood floors has been restored, adding warmth and character to the living spaces. Modern Upgrades: Enjoy the benefits of new light fixtures, windows, roof, and siding-all replaced in 2024-to enhance comfort, energy efficiency, and curb appeal. Fresh Interior: Every room has been refreshed with new carpet, paint, and attention to detail, creating a bright and inviting atmosphere throughout. Bonus Features: The home offers additional perks such as a 2-car garage with a new door opener and a second workroom, as well as a clean and bright finished basement with a bonus room featuring a closet. Convenient Location: Ideally situated in a great Elgin location, this home is just blocks away from schools and offers quick access to expressways, shopping, dining, and more. It's the perfect combination of suburban tranquility and urban convenience. Don't miss out on the opportunity to make this fully renovated gem your own. Schedule a showing today and experience the luxury of move-in ready living in this desirable Elgin neighborhood.

Property Details

Property Features

Property Information:

  • Year Built: 1929
  • Living Area: 1,042 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Starck Real Estate
  • Office Phone: (847) 931-4663
  • Listing Agent: Juan Ignacio Bustelo

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Basement: Yes
  • Interior: Hardwood Floors, First Floor Bedroom, First Floor Full Bath

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

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

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: SE on Villa, W on Bent St, S on Cleveland Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $279,900
  • Price Per SqFt: $269/SqFt

Tax Information:

  • Annual Amount: $1,037
  • Tax Year: 2019
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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

$308.3K

Med. Price/SqFt

$180

Avg. Days On Market

19

# of Sold Homes

95

516 Cleveland Ave vs Elgin

68 DAYS ON ROCKET

+49 Days

$279,900

-$28.4K Less

$269/SqFt

+$88 More

KEY TAKEAWAY

This property is $28.4K less than the Median Sold Price and $88/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: #12002052

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Starck Real Estate
  • Office Phone: (847) 931-4663
  • Listing Agent: Juan Ignacio Bustelo

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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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: 5/21/2024, 10:15:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$1,037$15,062
2018$1,151$12,054
2017$1,127$12,054

History based on county public records data.

Payment Calculator

$1,464

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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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-5003942
5
/10

  • Huff Elementary School

  • 801 Hastings St

  • 0.34 miles

  • Public District Grades PK-6

Middle School

school-card-donut-5003943
4
/10

  • Ellis Middle School

  • 225 S Liberty St

  • 0.54 miles

  • Public District Grades 7-8

High School

school-card-donut-5003944
3
/10

  • Elgin High School

  • 1200 Maroon Dr

  • 0.90 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 $88,081. Typical income of Elgin, IL residents is between $100k-200k annually. Typical family type is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Cleveland Ave

What is the listing price of this property?

The listing price of 516 Cleveland Ave property is $279,900.

What type of property is this?

The property 516 Cleveland Ave is a house located in Elgin, Illinois, 60120.

Is this property for sale now?

Accepting Backup Offers: 516 Cleveland 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 516 Cleveland 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 2019 is $1,037 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 516 Cleveland Ave has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 516 Cleveland Ave is 1,042 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Cleveland Ave is 1929.

Rocket Homes›Illinois›Kane County›Elgin›60120›516 Cleveland Ave

This home is located at 516 Cleveland Ave in Elgin, IL and zip code 60120. This 1,042 square foot home, which was built in 1929, sits on a 0.15 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $279,900.

Over 53 listings were sold over their listed price in April 2024 in Elgin, IL. In the same period over 23 listings were sold below the listed price and 19 listings were sold for the listed price. Between March 2024 and April 2024, Elgin, IL real estate market has seen increase in the number of listings by 13.5%. In April 2024 median list price was $308,313 and the average listing age was 19 days.

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

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