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  • $400,000

    38W480 McDonald Rd, Elgin, IL 60124

    3beds
    2,060sqft
    Single Family Residence
    Built in 1965
    0.75 Acres Lot
    $402,500 Zestimate®
    $194/sqft
    $3,050 Estimated rent

    Home value

    $402,500

    Estimated sales range

    Not available

    $3,050/mo

    Zestimate® history
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    What's special

    Spacious ranch home set on a rare 0.75-acre lot in a quiet, established neighborhood. This property offers a unique opportunity for buyers looking to build equity and create their own vision. The home features over 2,000 square feet of living space with 3 bedrooms and 2 full bathrooms, including a full bath in the finished lower level. The layout provides a solid foundation for renovation or customization. Additional highlights include an oversized 24x24 detached garage and a 12x18 shed, offering ample storage and workspace. Convenient location with access to nearby schools, shopping, and major roadways. Large parcels like this are hard to find-bring your ideas and unlock the potential. Property is being sold as-is.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Randall Ledbetter (630)335-3521,

    Executive Realty Group LLC

    Bought with:

    Molly Harvey

    eXp Realty - Geneva

    Source: MRED as distributed by MLS GRID,MLS#: 12606498MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Flooring (Wood Laminate)
    • Level: Main
    • Area: 117 Square Feet
    • Dimensions: 9X13
    Bedroom 2
    • Features: Flooring (Wood Laminate)
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 10X12
    Bedroom 3
    • Features: Flooring (Wood Laminate)
    • Level: Main
    • Area: 108 Square Feet
    • Dimensions: 9X12
    Family room
    • Features: Flooring (Vinyl)
    • Level: Lower
    • Area: 357 Square Feet
    • Dimensions: 17X21
    Kitchen
    • Features: Flooring (Wood Laminate)
    • Level: Main
    • Area: 200 Square Feet
    • Dimensions: 10X20
    Laundry
    • Features: Flooring (Vinyl)
    • Level: Lower
    • Area: 54 Square Feet
    • Dimensions: 6X9
    Living room
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 280 Square Feet
    • Dimensions: 14X20
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Features
    • Basement: Finished,Partial
    Interior area
    • Total structure area: 0
    • Total interior livable area: 2,060 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Asphalt, Yes, Detached, Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Patio & porch: Deck
    Lot
    • Size: 0.75 Acres
    • Dimensions: 119x276
    Details
    • Parcel number: 0631451023
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Location
    • Region: Elgin

    HOA & financial

    HOA
    • Services included: None

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/4/2026Sold$400,000+16.6%$194/sqft
    Source: MRED as distributed by MLS GRID #12606498 Report a problem
    10/10/2002Sold$343,000$167/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,645 +5.7%$96,069 +10.7%
    2023$5,339 +2.6%$86,791 +9.7%
    2022$5,204 -0.8%$79,138 +7%
    2021$5,249 +3.4%$73,988 +4.7%
    2020$5,077 +5.1%$70,633 +5%
    2019$4,830 +6.1%$67,282 +6.1%
    2018$4,551 +7.7%$63,384 +5.8%
    2017$4,224 -11.2%$59,921 +7.8%
    2016$4,759 $55,590 +9.1%
    2015-- $50,953 +1.2%
    2014-- $50,324 -2.6%
    2013-- $51,651 -7.4%
    2012-- $55,790 -10.7%
    2011-- $62,453 -9.6%
    2010-- $69,123 -6.7%
    2009-- $74,102 -6.3%
    2008-- $79,113 +3.3%
    2007-- $76,571 +4.2%
    2006-- $73,492 +6.5%
    2005-- $69,013 +6.8%
    2004-- $64,643 +7.8%
    2003-- $59,971 +8%
    2002-- $55,528 +7.4%
    2001-- $51,678 +5.1%
    2000-- $49,179

    Find assessor info on the county website

    Neighborhood: 60124

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 303

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $402,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $402,500