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494 Collins St

South Elgin, IL 60177

3 bd 4 ba 2,200 sqft Built 2000 Lot 13,939 sqft single_family
Most recent sale
$380,000
Oct 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 12, 2022 Sold $380,000 MLS #11631785
Sep 16, 2022 Listed $370,000 MLS #11631785
Jul 5, 2000 Sold $241,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $116,731 $30,312 $147,043 $10,573
2024 $116,731 $30,312 $147,043 $10,258
2023 $107,556 $27,930 $135,486 $9,788
2022 $80,115 $27,116 $107,231 $8,406
2021 $76,365 $25,847 $102,212 $8,046
2020 $74,941 $25,365 $100,306 $7,999
2019 $73,457 $24,863 $98,320 $7,862
2018 $71,432 $24,405 $95,837 $7,670
2017 $68,990 $23,571 $92,561 $7,299
2016 $66,567 $22,743 $89,310 $7,600
2015 $62,639 $22,498 $85,137 $7,500
2014 $58,980 $22,498 $81,478 $7,265
2013 $63,245 $22,723 $85,968 $7,425
2012 $64,505 $22,998 $87,503 $7,169
2011 $68,655 $23,748 $92,403 $6,891
2009 $83,091 $24,998 $108,089 $6,796
2008 $84,734 $24,998 $109,732 $6,811
2007 $80,459 $24,998 $105,457 $6,649
2006 $72,847 $24,658 $97,505 $6,137

Property facts

Year built
2000
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
2,200 sqft
Lot size
13,939 sqft
ZIP code
60177
City
South Elgin
Street
Collins St
Coordinates
41.98339, -88.30048

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,960
Gross rental yield
12.51%
Implied cap rate
8.13%
Trend-extrapolated value

Frequently asked questions

When did 494 Collins St last sell?
494 Collins St most recently sold on Oct 12, 2022 for $380,000.
What is the current tax assessment for 494 Collins St?
The most recent total assessment for 494 Collins St (year 2025) is $147,043 with $10,573 in property tax.
How does 494 Collins St's assessment compare to its last sale price?
The current assessment is 61.3% below the last sale price of $380,000.
When was 494 Collins St built?
494 Collins St was built in 2000.
How does 494 Collins St compare to others on Collins St?
We track 8 other properties on Collins St. Browse the list under "Other properties on Collins St" to compare beds, baths, and sale history.
What are the property facts for 494 Collins St?
494 Collins St is a 3 bed, 4 bath, 2,200 sqft, 13,939 sqft lot single_family.
Is 494 Collins St a flip candidate?
No — 494 Collins St does not appear in our flips dataset.
Is 494 Collins St a tax-appeal candidate?
No — 494 Collins St 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
-11.4%
Implied 1-yr
-45.7%
2026 Q3
$258.5K
2026 Q4
$258.5K
ZIP 60177 — Median Price History + Forecast

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