242 2nd St
Elgin, IL 60123
3 bd 1 ba 1,261 sqft Built 1955 Lot 11,687 sqft single_family
Most recent sale
$215,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $215,000 | MLS #11344436 |
| Mar 10, 2022 | Listed | $219,900 | MLS #11344436 |
| Sep 3, 2019 | Sold | $166,500 | Public Record |
| Jun 27, 2019 | Listed | $159,900 | MLS #10432412 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $56,824 | $20,722 | $77,546 | $5,291 |
| 2024 | $56,824 | $20,722 | $77,546 | $5,061 |
| 2023 | $52,339 | $19,086 | $71,425 | $4,805 |
| 2022 | $43,115 | $15,723 | $58,838 | $4,568 |
| 2021 | $40,309 | $14,700 | $55,009 | $4,359 |
| 2020 | $38,481 | $14,033 | $52,514 | $4,230 |
| 2019 | $36,656 | $13,367 | $50,023 | $1,383 |
| 2018 | $34,532 | $12,593 | $47,125 | $1,464 |
| 2017 | $32,645 | $11,905 | $44,550 | $1,523 |
| 2016 | $30,286 | $11,045 | $41,331 | $1,580 |
| 2015 | $27,760 | $10,124 | $37,884 | $1,718 |
| 2014 | $27,417 | $9,999 | $37,416 | $1,860 |
| 2013 | $28,140 | $10,263 | $38,403 | $1,508 |
| 2012 | $30,395 | $11,086 | $41,481 | $1,615 |
| 2011 | $34,026 | $12,410 | $46,436 | $1,460 |
| 2009 | $40,373 | $14,725 | $55,098 | $1,245 |
| 2008 | $40,373 | $14,725 | $55,098 | $3,494 |
| 2007 | $39,076 | $14,252 | $53,328 | $3,433 |
| 2006 | $37,505 | $13,679 | $51,184 | $3,427 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,261 sqft
Lot size
11,687 sqft
ZIP code
60123
City
Elgin
Street
2nd St
Coordinates
42.02746, -88.32213
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,270
Gross rental yield
12.67%
Implied cap rate
8.24%
Trend-extrapolated value
—
Frequently asked questions
When did 242 2nd St last sell?
242 2nd St most recently sold on Apr 29, 2022 for $215,000.
What is the current tax assessment for 242 2nd St?
The most recent total assessment for 242 2nd St (year 2025) is $77,546 with $5,291 in property tax.
How does 242 2nd St's assessment compare to its last sale price?
The current assessment is 63.9% below the last sale price of $215,000.
When was 242 2nd St built?
242 2nd St was built in 1955.
How does 242 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 242 2nd St?
242 2nd St is a 3 bed, 1 bath, 1,261 sqft, 11,687 sqft lot single_family.
Is 242 2nd St a flip candidate?
No — 242 2nd St does not appear in our flips dataset.
Is 242 2nd St a tax-appeal candidate?
No — 242 2nd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.0%
Implied 1-yr
+11.9%
2026 Q2
$326.3K
2026 Q3
$334.4K
ZIP 60123 — Median Price History + Forecast
Explore nearby
Other properties on 2nd St