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Image 1 - 220 Dexter Ave, Elgin, Illinois, 60120 - House for sale
Image 2 - 220 Dexter Ave, Elgin, Illinois, 60120 - House for sale
Image 3 - 220 Dexter Ave, Elgin, Illinois, 60120 - House for sale
Image 4 - 220 Dexter Ave, Elgin, Illinois, 60120 - House for sale
Image 5 - 220 Dexter Ave, Elgin, Illinois, 60120 - House for sale
Image 6 - 220 Dexter Ave, Elgin, Illinois, 60120 - House for sale
Image 7 - 220 Dexter Ave, Elgin, Illinois, 60120 - House for sale
Image 8 - 220 Dexter Ave, Elgin, Illinois, 60120 - House for sale
Image 9 - 220 Dexter Ave, Elgin, Illinois, 60120 - House for sale
Dexter Ave, Elgin, Home For Sale
220 Dexter Ave, Elgin, Illinois, 60120

Dexter Ave, Elgin, Home For Sale

house for sale
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Listed: 07/05/24

220 Dexter Ave, Elgin, Illinois, 60120

2 Bed:
4 Bath:
1,450 Sq Ft Living Area:
Save
Price
$ 299,900
Price:  Average

About This House

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 …  Full description

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Elgin Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 2 bed houses for sale in/near Elgin, United States averaged $273,909, an increase of 0.5% from the previous month.
Median price trends for properties for sale in Elgin, United States as of June 2024.

Household Income

Median household income: $63,655
Number of households: 35,919
The average household income in Elgin, IL grew from $60,375 to $63,655 in the past year. This data is an estimate based upon 35,919 households in Elgin, IL.
The chart below presents how household income is distributed in Elgin, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Elgin, IL compared to median property taxes around the country. The prevalent amount of property taxes in Elgin, IL equals $3k+ , which is more than the national average.