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1249 Falcon Ridge Dr

Elgin, IL 60124

3 bd 3 ba 2,682 sqft Built 2015 Lot 2,843 sqft townhomes
Most recent sale
$369,000
Jan 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 31, 2022 Sold $369,000 MLS #11235180
Nov 3, 2021 Relisted $369,000 MLS #11235180
Oct 29, 2021 Listing removed $369,000 MRED
Oct 1, 2021 Listed $369,000 MLS #11235180
Aug 31, 2015 Sold $326,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $117,736 $21,846 $139,582 $7,826
2024 $117,736 $21,846 $139,582 $9,902
2023 $109,227 $20,267 $129,494 $9,507
2022 $97,655 $17,621 $115,276 $9,265
2021 $90,715 $17,023 $107,738 $8,864
2020 $89,085 $15,197 $104,282 $8,736
2019 $87,933 $15,000 $102,933 $8,711
2018 $84,929 $17,516 $102,445 $9,152
2017 $83,121 $17,072 $100,193 $9,797
2016 $81,149 $16,667 $97,816 $9,913

Property facts

Year built
2015
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
2,682 sqft
Lot size
2,843 sqft
ZIP code
60124
City
Elgin
Street
Falcon Ridge Dr
Coordinates
42.00096, -88.38498

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,214
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1249 Falcon Ridge Dr last sell?
1249 Falcon Ridge Dr most recently sold on Jan 31, 2022 for $369,000.
What is the current tax assessment for 1249 Falcon Ridge Dr?
The most recent total assessment for 1249 Falcon Ridge Dr (year 2025) is $139,582 with $7,826 in property tax.
How does 1249 Falcon Ridge Dr's assessment compare to its last sale price?
The current assessment is 62.2% below the last sale price of $369,000.
When was 1249 Falcon Ridge Dr built?
1249 Falcon Ridge Dr was built in 2015.
How does 1249 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 1249 Falcon Ridge Dr?
1249 Falcon Ridge Dr is a 3 bed, 3 bath, 2,682 sqft, 2,843 sqft lot townhomes.
Is 1249 Falcon Ridge Dr a flip candidate?
No — 1249 Falcon Ridge Dr does not appear in our flips dataset.
Is 1249 Falcon Ridge Dr a tax-appeal candidate?
No — 1249 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 valuation
Quarterly trend
-7.3%
Implied 1-yr
-29.3%
2026 Q3
$340.2K
2026 Q4
$340.2K
ZIP 60124 — Median Price History + Forecast

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