2516 Edgewater Dr
Elgin, IL 60124
3 bd 2 ba 2,634 sqft Built 2006 Lot 7,500 sqft single_family
Most recent sale
$395,000
Aug 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 1, 2022 | Sold | $395,000 | MLS #11439891 |
| Jun 19, 2022 | Listed | $407,000 | MLS #11439891 |
| Sep 3, 2015 | Sold | $314,000 | MLS #08940305 |
| Jun 16, 2015 | Price changed | $329,999 | MLS #08940305 |
| Jun 2, 2015 | Listed | $340,000 | MLS #08940305 |
| Nov 18, 2013 | Listing removed | $329,900 | MRED |
| Jun 24, 2013 | Listed | $329,900 | MLS #08377121 |
| Feb 8, 2006 | Sold | $355,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $129,959 | $36,571 | $166,530 | $10,834 |
| 2023 | $119,701 | $33,684 | $153,385 | $10,278 |
| 2022 | $98,606 | $27,748 | $126,354 | $10,259 |
| 2021 | $92,190 | $25,942 | $118,132 | $10,004 |
| 2020 | $88,010 | $24,766 | $112,776 | $9,738 |
| 2019 | $83,835 | $23,591 | $107,426 | $9,473 |
| 2018 | $92,897 | $22,224 | $115,121 | $10,788 |
| 2017 | $87,821 | $21,010 | $108,831 | $10,577 |
| 2016 | $81,474 | $19,492 | $100,966 | $10,128 |
| 2015 | $74,678 | $17,866 | $92,544 | $9,456 |
| 2014 | $73,756 | $17,645 | $91,401 | $10,098 |
| 2013 | $62,607 | $18,110 | $80,717 | $7,101 |
| 2012 | $67,625 | $19,561 | $87,186 | $7,889 |
| 2011 | $70,861 | $21,897 | $92,758 | $7,648 |
| 2009 | $84,079 | $25,982 | $110,061 | $7,883 |
| 2008 | $84,079 | $25,982 | $110,061 | $7,597 |
| 2007 | $86,636 | $25,147 | $111,783 | $7,887 |
| 2006 | $83,152 | $24,136 | $107,288 | $8,146 |
Property facts
Year built
2006
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,634 sqft
Lot size
7,500 sqft
ZIP code
60124
City
Elgin
Street
Edgewater Dr
Coordinates
42.01207, -88.34408
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
$2,370
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2516 Edgewater Dr last sell?
2516 Edgewater Dr most recently sold on Aug 1, 2022 for $395,000.
What is the current tax assessment for 2516 Edgewater Dr?
The most recent total assessment for 2516 Edgewater Dr (year 2024) is $166,530 with $10,834 in property tax.
How does 2516 Edgewater Dr's assessment compare to its last sale price?
The current assessment is 57.8% below the last sale price of $395,000.
When was 2516 Edgewater Dr built?
2516 Edgewater Dr was built in 2006.
How does 2516 Edgewater Dr compare to others on Edgewater Dr?
We track 8 other properties on Edgewater Dr. Browse the list under "Other properties on Edgewater Dr" to compare beds, baths, and sale history.
What are the property facts for 2516 Edgewater Dr?
2516 Edgewater Dr is a 3 bed, 2 bath, 2,634 sqft, 7,500 sqft lot single_family.
Is 2516 Edgewater Dr a flip candidate?
No — 2516 Edgewater Dr does not appear in our flips dataset.
Is 2516 Edgewater Dr a tax-appeal candidate?
No — 2516 Edgewater Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-6.7%
Implied 1-yr
-26.8%
2026 Q3
$340.2K
2026 Q4
$340.2K
ZIP 60124 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Edgewater Dr