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Contingent
  • $395,000

    38W480 McDonald Rd, Elgin, IL 60124

    3beds
    2,060sqft
    : 
    Single Family Residence
    Built in 1965
    0.75 Acres Lot
    $398,600 Zestimate®
    $192/sqft
    $-- HOA

    What's special

    Spacious ranch homeAmple storage and workspace
    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.
    17 days
    |
    1,477
    |
    67
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Randall Ledbetter (630)335-3521,

    Executive Realty Group LLC

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

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: No additional rooms
      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 & HOA

      HOA
      • Services included: None
      Location
      • Region: Elgin

      Financial & listing details

      • Price per square foot: $192/sqft
      • Tax assessed value: $288,207
      • Annual tax amount: $5,645
      • Date on market: 3/31/2026
      • Ownership: Fee Simple
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        Estimated market value

        $398,600

        $379,000 - $419,000

        $2,651/mo

        Price history

        DateEventPrice
        4/3/2026Contingent$395,000$192/sqft
        Source: MRED as distributed by MLS GRID #12606498 Report a problem
        3/31/2026Listed for sale$395,000+15.2%$192/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

        Monthly payment

        Est. payment
        $2,621/mo
        Principal & interest
        $1913
        Property taxes
        $708
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          Climate risks

          Neighborhood: 60124

          Getting around

          2 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          26 / 100
          Somewhat Bikeable

          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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