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2216 Cottonwood Dr

Elgin, IL 60123

3 bd 3 ba 1,751 sqft Built 1997 Lot 11,761 sqft single_family
Most recent sale
$325,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2024 Sold $330,000 MRED
Dec 1, 2023 Price changed $344,823 MRED
Nov 15, 2023 Listed $349,823 MRED
Jul 1, 2022 Sold $325,000 MLS #11406839
May 17, 2022 Listed $299,900 MLS #11406839
Oct 10, 2008 Listing removed $249,900 MRED
Aug 22, 2008 Listed $249,900 MLS #07002147
Aug 22, 2008 Listing removed $249,900 MRED
Dec 13, 2007 Listed $249,900 MLS #06751766
Apr 28, 2004 Sold $228,000 Public Record
Feb 10, 2003 Sold $210,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $91,048 $30,744 $121,792 $8,681
2024 $91,048 $30,744 $121,792 $8,337
2023 $83,861 $28,317 $112,178 $7,957
2022 $69,082 $23,326 $92,408 $7,492
2021 $64,587 $21,808 $86,395 $7,172
2020 $61,658 $20,819 $82,477 $6,974
2019 $58,733 $19,831 $78,564 $6,777
2018 $55,330 $18,682 $74,012 $6,724
2017 $52,307 $17,661 $69,968 $6,579
2016 $48,527 $16,385 $64,912 $6,283
2015 $44,479 $15,018 $59,497 $6,203
2014 $38,966 $14,833 $53,799 $6,003
2013 $39,994 $15,224 $55,218 $5,013
2012 $43,199 $16,444 $59,643 $5,482
2011 $48,460 $18,408 $66,868 $5,624
2009 $53,636 $20,374 $74,010 $5,778
2008 $59,102 $21,842 $80,944 $5,645
2007 $57,203 $21,140 $78,343 $5,574
2006 $54,270 $20,290 $74,560 $5,540

Property facts

Year built
1997
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,751 sqft
Lot size
11,761 sqft
ZIP code
60123
City
Elgin
Street
Cottonwood Dr
Coordinates
41.99646, -88.32768

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,152
Gross rental yield
11.64%
Implied cap rate
7.56%
Trend-extrapolated value

Frequently asked questions

When did 2216 Cottonwood Dr last sell?
2216 Cottonwood Dr most recently sold on Jul 1, 2022 for $325,000.
What is the current tax assessment for 2216 Cottonwood Dr?
The most recent total assessment for 2216 Cottonwood Dr (year 2025) is $121,792 with $8,681 in property tax.
How does 2216 Cottonwood Dr's assessment compare to its last sale price?
The current assessment is 62.5% below the last sale price of $325,000.
When was 2216 Cottonwood Dr built?
2216 Cottonwood Dr was built in 1997.
How does 2216 Cottonwood Dr compare to others on Cottonwood Dr?
We track 8 other properties on Cottonwood Dr. Browse the list under "Other properties on Cottonwood Dr" to compare beds, baths, and sale history.
What are the property facts for 2216 Cottonwood Dr?
2216 Cottonwood Dr is a 3 bed, 3 bath, 1,751 sqft, 11,761 sqft lot single_family.
Is 2216 Cottonwood Dr a flip candidate?
No — 2216 Cottonwood Dr does not appear in our flips dataset.
Is 2216 Cottonwood Dr a tax-appeal candidate?
No — 2216 Cottonwood Dr 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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