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705 Highland Ave

Elgin, IL 60123

7 bd 4 ba 5,625 sqft Built 1894 Lot 25,443 sqft single_family
Most recent sale
$490,000
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2026 Price changed $585,000 MRED
Mar 21, 2026 Price changed $617,600 MRED
Mar 7, 2026 Price changed $617,700 MRED
Feb 28, 2026 Price changed $617,800 MRED
Feb 12, 2026 Listed $617,900 MRED
Feb 6, 2026 Price changed $648,700 MRED
Dec 28, 2025 Price changed $649,700 MRED
Nov 28, 2025 Price changed $649,900 MRED
Nov 6, 2025 Price changed $649,999 MRED
Oct 15, 2025 Relisted $680,000 MRED
Sep 10, 2025 Listed $680,000 MRED
Jun 13, 2022 Sold $490,000 MLS #11353560
Mar 22, 2022 Listing removed $675,000 MRED
Mar 22, 2022 Listed $619,500 MLS #11353560
Feb 24, 2022 Listed $675,000 MLS #11332047
Feb 20, 1997 Sold $225,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $137,566 $36,176 $173,742 $12,166
2023 $126,707 $33,320 $160,027 $11,642
2022 $94,888 $27,448 $122,336 $9,654
2021 $88,714 $25,662 $114,376 $9,222
2020 $84,691 $24,498 $109,189 $8,955
2019 $80,673 $23,336 $104,009 $9,714
2018 $75,999 $21,984 $97,983 $9,687
2017 $71,846 $20,783 $92,629 $9,527
2016 $66,654 $19,281 $85,935 $7,992
2015 $61,094 $17,673 $78,767 $7,858
2014 $60,340 $17,455 $77,795 $8,389
2013 $61,932 $17,915 $79,847 $7,013
2012 $78,701 $19,351 $98,052 $8,999
2011 $82,695 $21,662 $104,357 $8,720
2009 $98,121 $25,703 $123,824 $8,967
2008 $98,121 $25,703 $123,824 $8,609
2007 $94,968 $24,877 $119,845 $8,500
2006 $91,149 $23,877 $115,026 $8,524

Property facts

Year built
1894
Property type
single_family
Stories
3
Beds
7
Baths
4
Living area
5,625 sqft
Lot size
25,443 sqft
ZIP code
60123
City
Elgin
Street
Highland Ave
Coordinates
42.03678, -88.29477

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,940
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 705 Highland Ave last sell?
705 Highland Ave most recently sold on Jun 13, 2022 for $490,000.
What is the current tax assessment for 705 Highland Ave?
The most recent total assessment for 705 Highland Ave (year 2024) is $173,742 with $12,166 in property tax.
How does 705 Highland Ave's assessment compare to its last sale price?
The current assessment is 64.5% below the last sale price of $490,000.
When was 705 Highland Ave built?
705 Highland Ave was built in 1894.
How does 705 Highland Ave compare to others on Highland Ave?
We track 8 other properties on Highland Ave. Browse the list under "Other properties on Highland Ave" to compare beds, baths, and sale history.
What are the property facts for 705 Highland Ave?
705 Highland Ave is a 7 bed, 4 bath, 5,625 sqft, 25,443 sqft lot single_family.
Is 705 Highland Ave a flip candidate?
No — 705 Highland Ave does not appear in our flips dataset.
Is 705 Highland Ave a tax-appeal candidate?
No — 705 Highland 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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