261 Morgan St
Elgin, IL 60123
3 bd 2 ba 1,536 sqft Built 1893 Lot 6,621 sqft single_family
Most recent sale
$231,612
Apr 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 27, 2022 | Sold | $231,612 | MLS #11347681 |
| Mar 15, 2022 | Listed | $199,000 | MLS #11347681 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $67,283 | $13,812 | $81,095 | $5,337 |
| 2023 | $61,972 | $12,722 | $74,694 | $5,070 |
| 2022 | $51,050 | $10,480 | $61,530 | $4,381 |
| 2021 | $47,728 | $9,798 | $57,526 | $4,150 |
| 2020 | $45,564 | $9,354 | $54,918 | $4,005 |
| 2019 | $43,403 | $8,910 | $52,313 | $3,859 |
| 2018 | $40,260 | $8,394 | $48,654 | $3,723 |
| 2017 | $25,375 | $7,935 | $33,310 | $2,295 |
| 2016 | $35,309 | $7,362 | $42,671 | $3,378 |
| 2015 | $32,364 | $6,748 | $39,112 | $3,260 |
| 2014 | $31,964 | $6,665 | $38,629 | $3,470 |
| 2013 | $32,807 | $6,841 | $39,648 | $2,918 |
| 2012 | $37,798 | $7,389 | $45,187 | $3,596 |
| 2011 | $42,313 | $8,272 | $50,585 | $3,750 |
| 2009 | $50,206 | $9,816 | $60,022 | $3,941 |
| 2008 | $50,206 | $9,816 | $60,022 | $3,867 |
| 2007 | $48,593 | $9,501 | $58,094 | $3,807 |
| 2006 | $46,639 | $9,119 | $55,758 | $3,803 |
Property facts
Year built
1893
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,536 sqft
Lot size
6,621 sqft
ZIP code
60123
City
Elgin
Street
Morgan St
Coordinates
42.02378, -88.28508
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,765
Gross rental yield
14.33%
Implied cap rate
9.31%
Trend-extrapolated value
—
Frequently asked questions
When did 261 Morgan St last sell?
261 Morgan St most recently sold on Apr 27, 2022 for $231,612.
What is the current tax assessment for 261 Morgan St?
The most recent total assessment for 261 Morgan St (year 2024) is $81,095 with $5,337 in property tax.
How does 261 Morgan St's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $231,612.
When was 261 Morgan St built?
261 Morgan St was built in 1893.
How does 261 Morgan St compare to others on Morgan St?
We track 8 other properties on Morgan St. Browse the list under "Other properties on Morgan St" to compare beds, baths, and sale history.
What are the property facts for 261 Morgan St?
261 Morgan St is a 3 bed, 2 bath, 1,536 sqft, 6,621 sqft lot single_family.
Is 261 Morgan St a flip candidate?
No — 261 Morgan St does not appear in our flips dataset.
Is 261 Morgan St a tax-appeal candidate?
No — 261 Morgan St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.4%
Implied 1-yr
+17.5%
2026 Q2
$368.8K
2026 Q3
$381.4K
ZIP 60123 — Median Price History + Forecast
Explore nearby
Other properties on Morgan St