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71 Commonwealth Ave

Elgin, IL 60123

2 bd 2 ba Built 1923 single_family
Most recent sale
$86,000
Feb 24, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2024 Sold $235,000 MRED
Dec 28, 2023 Listed $221,900 MRED
Oct 25, 2022 Listing removed $214,900 MRED
Sep 16, 2022 Price changed $214,900 MLS #11620820
Sep 3, 2022 Listed $219,900 MLS #11620820
Feb 24, 2021 Sold $86,000 MLS #10981898
Feb 11, 2021 Price changed $79,900 MLS #10981898
Jan 28, 2021 Listed $99,900 MLS #10981898

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $42,516 $15,540 $58,056 $3,786
2024 $42,516 $15,540 $58,056 $3,607
2023 $39,160 $14,313 $53,473 $3,406
2022 $32,259 $11,791 $44,050 $3,271
2021 $29,859 $11,024 $40,883 $3,112
2020 $28,505 $10,524 $39,029 $3,012
2019 $27,153 $10,025 $37,178 $2,911
2018 $25,655 $9,444 $35,099 $2,876
2017 $24,253 $8,928 $33,181 $2,795
2016 $22,500 $8,283 $30,783 $2,643
2015 $20,623 $7,592 $28,215 $3,271
2014 $20,368 $7,498 $27,866 $3,499
2013 $20,905 $7,696 $28,601 $2,913
2012 $28,434 $8,313 $36,747 $3,755
2011 $31,830 $9,306 $41,136 $3,801
2009 $35,230 $10,300 $45,530 $3,845
2008 $37,768 $11,042 $48,810 $3,628
2007 $36,554 $10,687 $47,241 $3,590
2006 $35,084 $10,257 $45,341 $3,611

Property facts

Year built
1923
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
Lot size
ZIP code
60123
City
Elgin
Street
Commonwealth Ave
Coordinates
42.03261, -88.30080

Frequently asked questions

When did 71 Commonwealth Ave last sell?
71 Commonwealth Ave most recently sold on Feb 24, 2021 for $86,000.
What is the current tax assessment for 71 Commonwealth Ave?
The most recent total assessment for 71 Commonwealth Ave (year 2025) is $58,056 with $3,786 in property tax.
How does 71 Commonwealth Ave's assessment compare to its last sale price?
The current assessment is 32.5% below the last sale price of $86,000.
When was 71 Commonwealth Ave built?
71 Commonwealth Ave was built in 1923.
How does 71 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 71 Commonwealth Ave?
71 Commonwealth Ave is a 2 bed, 2 bath single_family.
Is 71 Commonwealth Ave a flip candidate?
No — 71 Commonwealth Ave does not appear in our flips dataset.
Is 71 Commonwealth Ave a tax-appeal candidate?
No — 71 Commonwealth Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.4%
Implied 1-yr
+17.5%
2026 Q2
$368.8K
2026 Q3
$381.4K
ZIP 60123 — Median Price History + Forecast

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