320 Commonwealth Ave
Elgin, IL 60123
4 bd 3 ba 1,923 sqft Built 1940 Lot 8,712 sqft single_family
Most recent sale
$310,000
Oct 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 20, 2022 | Sold | $310,000 | MLS #11462121 |
| Aug 30, 2022 | Price changed | $319,900 | MLS #11462121 |
| Jul 22, 2022 | Listed | $324,900 | MLS #11462121 |
| Jan 2, 2010 | Listing removed | $239,900 | MRED |
| Nov 9, 2009 | Listed | $239,900 | MLS #07240257 |
| May 6, 1998 | Sold | $156,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $93,135 | $25,869 | $119,004 | $8,468 |
| 2024 | $93,135 | $25,869 | $119,004 | $8,131 |
| 2023 | $85,783 | $23,827 | $109,610 | $7,759 |
| 2022 | $70,665 | $19,628 | $90,293 | $7,309 |
| 2021 | $66,067 | $18,351 | $84,418 | $6,996 |
| 2020 | $63,071 | $17,519 | $80,590 | $6,803 |
| 2019 | $60,079 | $16,688 | $76,767 | $6,609 |
| 2018 | $56,598 | $15,721 | $72,319 | $6,557 |
| 2017 | $53,505 | $14,862 | $68,367 | $6,415 |
| 2016 | $49,638 | $13,788 | $63,426 | $6,125 |
| 2015 | $45,498 | $12,638 | $58,136 | $6,046 |
| 2014 | $44,936 | $12,482 | $57,418 | $6,458 |
| 2013 | $46,121 | $12,811 | $58,932 | $5,392 |
| 2012 | $49,817 | $13,838 | $63,655 | $5,893 |
| 2011 | $55,767 | $15,491 | $71,258 | $6,030 |
| 2009 | $60,954 | $18,381 | $79,335 | $5,778 |
| 2008 | $69,471 | $18,381 | $87,852 | $6,159 |
| 2007 | $67,239 | $17,790 | $85,029 | $6,082 |
| 2006 | $64,535 | $17,075 | $81,610 | $6,101 |
Property facts
Year built
1940
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,923 sqft
Lot size
8,712 sqft
ZIP code
60123
City
Elgin
Street
Commonwealth Ave
Coordinates
42.04105, -88.30091
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,461
Gross rental yield
13.40%
Implied cap rate
8.71%
Trend-extrapolated value
—
Frequently asked questions
When did 320 Commonwealth Ave last sell?
320 Commonwealth Ave most recently sold on Oct 20, 2022 for $310,000.
What is the current tax assessment for 320 Commonwealth Ave?
The most recent total assessment for 320 Commonwealth Ave (year 2025) is $119,004 with $8,468 in property tax.
How does 320 Commonwealth Ave's assessment compare to its last sale price?
The current assessment is 61.6% below the last sale price of $310,000.
When was 320 Commonwealth Ave built?
320 Commonwealth Ave was built in 1940.
How does 320 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 320 Commonwealth Ave?
320 Commonwealth Ave is a 4 bed, 3 bath, 1,923 sqft, 8,712 sqft lot single_family.
Is 320 Commonwealth Ave a flip candidate?
No — 320 Commonwealth Ave does not appear in our flips dataset.
Is 320 Commonwealth Ave a tax-appeal candidate?
No — 320 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
+3.0%
Implied 1-yr
+11.9%
2026 Q2
$326.3K
2026 Q3
$334.4K
ZIP 60123 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Commonwealth Ave