200 Jefferson Ave, Elgin, IL 60120

Affordable Starter or Investor Special - Sold As Is This charming two-bedroom, one-bath ranch at 200 Jefferson Ave in Elgin offers an excellent opportunity for investors or first-time home buyers. It sits on a manageable lot and dates back to the early 1900s. Inside, a sunny living room opens to a separate dining room-both recently refreshed with modern flooring and neutral paint. The kitchen features stainless-steel appliances, white shaker cabinets and generous counter space, while a bonus room just off the kitchen makes an ideal home office, playroom or morning-coffee retreat. Downstairs, a full basement with a laundry area offers room to expand or create a workshop, and the attic adds convenient storage. The property is being sold strictly as is which is why the pricing is so reasonable. The home remains in the same condition as the prior sale two years ago, so buyers can enjoy the recent updates while still adding value with their own improvements. Children here attend McKinley Elementary School, Larsen Middle School and Elgin High School, all part of School District U 46. The district partners closely with local businesses and offers nationally accredited career and technical programs. It also provides advanced academic programs and magnet academies, supporting students from early childhood through college preparation. Elgin is known for its charming neighborhoods, diverse housing options and quality schools. Residents enjoy abundant parks, cultural attractions and a vibrant dining scene, all while benefiting from historically low crime rates. The city operates numerous parks-including Lords Park with a small zoo and Wing Park with an outdoor pool-and award winning golf courses. Bicyclists and hikers can explore the extensive Fox River Trail and its Prairie Path extension. Elgin also offers a relaxed lifestyle yet is only about an hour from Chicago via the Jane Addams Tollway or the Metra commuter rail. U.S. Route 20 and I 90 make commuting simple; National Street Station provides 90 minute rides into the city, and O'Hare International Airport is roughly 25 miles away. Nearby you'll find local diners and cafes, plus family run restaurants like Ray's Diner. Residents can quickly reach shopping along Randall Road and numerous small businesses in downtown Elgin. Nearby parks and nature preserves-such as Drake Field Park and Bluff Spring Fen-offer green space for sports and wildlife watching. With its refreshed interiors, full basement and bonus space, this home is already comfortable yet brimming with potential. Because it's priced to reflect an as is sale, it's an affordable way to enter the market or add to an investment portfolio. Combine the solid bones of a classic ranch with Elgin's award winning schools and exceptional quality of life, and you have the perfect foundation for future growth.