1197 Falcon Ridge Dr
Elgin, IL 60124
3 bd 4 ba 2,458 sqft Built 2008 Lot 1,306 sqft townhomes
Most recent sale
$365,000
Jun 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 22, 2022 | Sold | $365,000 | MLS #11379976 |
| Apr 20, 2022 | Listed | $360,000 | MLS #11379976 |
| Jul 9, 2020 | Listing removed | $289,000 | MRED |
| Mar 3, 2008 | Sold | $360,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $108,560 | $20,267 | $128,827 | $9,848 |
| 2023 | $108,560 | $20,267 | $128,827 | $9,455 |
| 2022 | $88,349 | $17,621 | $105,970 | $8,438 |
| 2021 | $82,070 | $17,023 | $99,093 | $8,072 |
| 2020 | $80,595 | $15,197 | $95,792 | $7,940 |
| 2019 | $79,553 | $15,000 | $94,553 | $8,001 |
| 2018 | $67,732 | $17,516 | $85,248 | $7,510 |
| 2017 | $67,732 | $17,072 | $84,804 | $7,756 |
| 2016 | $66,125 | $16,667 | $82,792 | $7,831 |
| 2015 | $67,474 | $16,667 | $84,141 | $8,659 |
| 2014 | $67,474 | $14,748 | $82,222 | $9,120 |
| 2013 | $70,387 | $15,000 | $85,387 | $7,762 |
| 2012 | $84,804 | $15,000 | $99,804 | $9,401 |
| 2011 | $82,343 | $18,333 | $100,676 | $8,979 |
| 2009 | $90,841 | $20,988 | $111,829 | $9,118 |
| 2008 | $96,578 | $22,090 | $118,668 | $9,093 |
Property facts
Year built
2008
Property type
townhomes
Stories
2
Beds
3
Baths
4
Living area
2,458 sqft
Lot size
1,306 sqft
ZIP code
60124
City
Elgin
Street
Falcon Ridge Dr
Coordinates
42.00282, -88.38412
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
$2,190
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1197 Falcon Ridge Dr last sell?
1197 Falcon Ridge Dr most recently sold on Jun 22, 2022 for $365,000.
What is the current tax assessment for 1197 Falcon Ridge Dr?
The most recent total assessment for 1197 Falcon Ridge Dr (year 2024) is $128,827 with $9,848 in property tax.
How does 1197 Falcon Ridge Dr's assessment compare to its last sale price?
The current assessment is 64.7% below the last sale price of $365,000.
When was 1197 Falcon Ridge Dr built?
1197 Falcon Ridge Dr was built in 2008.
How does 1197 Falcon Ridge Dr compare to others on Falcon Ridge Dr?
We track 8 other properties on Falcon Ridge Dr. Browse the list under "Other properties on Falcon Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 1197 Falcon Ridge Dr?
1197 Falcon Ridge Dr is a 3 bed, 4 bath, 2,458 sqft, 1,306 sqft lot townhomes.
Is 1197 Falcon Ridge Dr a flip candidate?
No — 1197 Falcon Ridge Dr does not appear in our flips dataset.
Is 1197 Falcon Ridge Dr a tax-appeal candidate?
No — 1197 Falcon Ridge 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
-7.3%
Implied 1-yr
-29.3%
2026 Q3
$340.2K
2026 Q4
$340.2K
ZIP 60124 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Falcon Ridge Dr