297 Presidential Ln
Elgin, IL 60123
2 bd 2 ba 1,636 sqft Built 1993 Lot 5,074 sqft multi_family
Most recent sale
$410,000
Aug 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 19, 2022 | Sold | $410,000 | MLS #11452690 |
| Jul 1, 2022 | Listed | $419,900 | MLS #11452690 |
| Feb 28, 2022 | Sold | $284,900 | MLS #11319962 |
| Feb 8, 2022 | Listed | $289,900 | MLS #11319962 |
| Aug 19, 2003 | Sold | $264,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $81,119 | $32,370 | $113,489 | $7,725 |
| 2023 | $74,716 | $29,815 | $104,531 | $7,455 |
| 2022 | $62,479 | $24,561 | $87,040 | $6,593 |
| 2021 | $58,413 | $22,963 | $81,376 | $3,837 |
| 2020 | $55,764 | $21,922 | $77,686 | $3,923 |
| 2019 | $53,119 | $20,882 | $74,001 | $4,018 |
| 2018 | $50,041 | $19,672 | $69,713 | $4,253 |
| 2017 | $47,307 | $18,597 | $65,904 | $4,425 |
| 2016 | $43,888 | $17,253 | $61,141 | $4,588 |
| 2015 | $40,227 | $15,814 | $56,041 | $4,989 |
| 2014 | $38,399 | $15,619 | $54,018 | $5,403 |
| 2013 | $39,412 | $16,031 | $55,443 | $4,527 |
| 2012 | $42,571 | $17,316 | $59,887 | $5,099 |
| 2011 | $47,656 | $19,384 | $67,040 | $5,271 |
| 2009 | $68,958 | $23,000 | $91,958 | $5,672 |
| 2008 | $68,958 | $25,043 | $94,001 | $6,393 |
| 2007 | $66,742 | $24,238 | $90,980 | $6,306 |
| 2006 | $64,058 | $23,263 | $87,321 | $6,317 |
Property facts
Year built
1993
Property type
multi_family
Stories
1
Beds
2
Baths
2
Living area
1,636 sqft
Lot size
5,074 sqft
ZIP code
60123
City
Elgin
Street
Presidential Ln
Coordinates
42.04139, -88.32622
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
$2,945
Gross rental yield
8.62%
Implied cap rate
5.60%
Trend-extrapolated value
—
Frequently asked questions
When did 297 Presidential Ln last sell?
297 Presidential Ln most recently sold on Aug 19, 2022 for $410,000.
What is the current tax assessment for 297 Presidential Ln?
The most recent total assessment for 297 Presidential Ln (year 2024) is $113,489 with $7,725 in property tax.
How does 297 Presidential Ln's assessment compare to its last sale price?
The current assessment is 72.3% below the last sale price of $410,000.
When was 297 Presidential Ln built?
297 Presidential Ln was built in 1993.
How does 297 Presidential Ln compare to others on Presidential Ln?
We track 3 other properties on Presidential Ln. Browse the list under "Other properties on Presidential Ln" to compare beds, baths, and sale history.
What are the property facts for 297 Presidential Ln?
297 Presidential Ln is a 2 bed, 2 bath, 1,636 sqft, 5,074 sqft lot multi_family.
Is 297 Presidential Ln a flip candidate?
Yes — 297 Presidential Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 297 Presidential Ln a tax-appeal candidate?
No — 297 Presidential Ln 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
Geography
Other properties on Presidential Ln