31 Commonwealth Ave
Elgin, IL 60123
3 bd 1 ba 1,510 sqft Built 1912 Lot 10,494 sqft single_family
Most recent sale
$265,000
Jul 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 22, 2022 | Sold | $265,000 | MLS #11443381 |
| Jun 22, 2022 | Listed | $265,000 | MLS #11443381 |
| Apr 15, 2015 | Sold | $154,000 | MLS #08833012 |
| Feb 6, 2015 | Listed | $154,900 | MLS #08833012 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $70,850 | $20,496 | $91,346 | $6,358 |
| 2024 | $70,850 | $20,496 | $91,346 | $6,092 |
| 2023 | $65,257 | $18,878 | $84,135 | $5,797 |
| 2022 | $53,757 | $15,551 | $69,308 | $5,489 |
| 2021 | $50,259 | $14,539 | $64,798 | $5,245 |
| 2020 | $47,980 | $13,880 | $61,860 | $5,095 |
| 2019 | $45,704 | $13,222 | $58,926 | $4,943 |
| 2018 | $39,789 | $12,456 | $52,245 | $4,572 |
| 2017 | $37,615 | $11,775 | $49,390 | $4,463 |
| 2016 | $34,897 | $10,924 | $45,821 | $4,247 |
| 2015 | $31,986 | $10,013 | $41,999 | $3,595 |
| 2014 | $31,591 | $9,889 | $41,480 | $3,828 |
| 2013 | $32,424 | $10,150 | $42,574 | $3,216 |
| 2012 | $35,023 | $10,963 | $45,986 | $3,678 |
| 2011 | $43,206 | $12,272 | $55,478 | $4,203 |
| 2009 | $51,266 | $14,562 | $65,828 | $4,398 |
| 2008 | $51,266 | $14,562 | $65,828 | $4,298 |
| 2007 | $49,619 | $14,094 | $63,713 | $4,234 |
| 2006 | $47,624 | $13,527 | $61,151 | $4,472 |
Property facts
Year built
1912
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,510 sqft
Lot size
10,494 sqft
ZIP code
60123
City
Elgin
Street
Commonwealth Ave
Coordinates
42.03556, -88.30084
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,718
Gross rental yield
12.31%
Implied cap rate
8.00%
Trend-extrapolated value
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Frequently asked questions
When did 31 Commonwealth Ave last sell?
31 Commonwealth Ave most recently sold on Jul 22, 2022 for $265,000.
What is the current tax assessment for 31 Commonwealth Ave?
The most recent total assessment for 31 Commonwealth Ave (year 2025) is $91,346 with $6,358 in property tax.
How does 31 Commonwealth Ave's assessment compare to its last sale price?
The current assessment is 65.5% below the last sale price of $265,000.
When was 31 Commonwealth Ave built?
31 Commonwealth Ave was built in 1912.
How does 31 Commonwealth Ave compare to others on Commonwealth Ave?
We track 8 other properties on Commonwealth Ave. Browse the list under "Other properties on Commonwealth Ave" to compare beds, baths, and sale history.
What are the property facts for 31 Commonwealth Ave?
31 Commonwealth Ave is a 3 bed, 1 bath, 1,510 sqft, 10,494 sqft lot single_family.
Is 31 Commonwealth Ave a flip candidate?
No — 31 Commonwealth Ave does not appear in our flips dataset.
Is 31 Commonwealth Ave a tax-appeal candidate?
No — 31 Commonwealth Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.4%
Implied 1-yr
+17.5%
2026 Q2
$368.8K
2026 Q3
$381.4K
ZIP 60123 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Commonwealth Ave