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Downtown Elgin Home for Sale

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    $329,000

    • 4 Beds
    • 2 Baths
    • 1,264 Sq Ft

    277 Gifford Place, Elgin, IL 60120

    COME AND SEE THIS HOME THAT WAS COMPLETELY REBUILT THIS YEAR. EVERYTHING IS NEW AND NOTHING NEEDS TO BE DONE. NEW FURNACE, A/C, WATER HEATER, RANGE, ROOF AND EVERYTHING INSIDE SUCH AS FLOORING, DRYWALL, PAINT, DOORS, ETC... READY TO MOVE IN.

    German Hernandez Hercana Real Estate

    277 Gifford Place, Elgin, IL 60120

Why Live in Downtown Elgin

Downtown Elgin puts residents in the heart of the action. The neighborhood blends historic and modern architecture, with landmarks such as the Elgin Tower Building and St. John’s Lutheran Catholic Church. Housing includes mixed-use developments along Chicago Street, Douglas Avenue and Spring Street, where apartments above storefronts feature balconies and bay windows. There are also brick townhouses and early 20th-century folk-style homes. The nearby Festival Park hosts concerts, food trucks and events throughout the summer. The Fox River Trail runs through the neighborhood, offering a scenic route for walking and biking. The Centre of Elgin has indoor sports facilities, and the Elgin Sports Complex, 4 miles away, offers outdoor options. Lords Park Zoo and the Elgin Public Museum are popular attractions, as is the Elgin History Museum, which showcases the city's industrial heritage. Downtown Elgin is known for its coffeehouses, pastry shops and unique stores such as Rediscover Records and Elgin Knit Works. The restaurant scene includes long-standing favorites like Elgin Public House and newer additions such as BeaUnique. The Grand Victoria Casino and Buckinghams Steakhouse and Lounge are notable nightlife spots. Events like Nightmare on Chicago Street and the Downtown Elgin Market draw large crowds. Transportation options include Interstate 90 and the Milwaukee District West Line to downtown Chicago. Ascension Saint Joseph - Elgin Hospital is 3 miles away. Schools include Elgin Math and Science Academy and Elgin High School.

Frequently Asked Questions

Is Downtown Elgin a good place to live?
Downtown Elgin is a good place to live. Downtown Elgin is considered very walkable and very bikeable with good transit options. Downtown Elgin has 3 parks for recreational activities. It has a median age of 37. The average household income is $78,619 which is below the national average. College graduates make up 21.6% of residents. A majority of residents in Downtown Elgin are renters, with 78.5% of residents renting and 21.5% of residents owning their home. A local real estate agent serving Downtown Elgin can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Elgin neighborhood guide.
Is Downtown Elgin, IL a safe neighborhood?
Downtown Elgin, IL is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Downtown Elgin?
The median home price in Downtown Elgin is $322,500. If you put a 20% down payment of $64,500 and had a 30-year fixed mortgage with an interest rate of 6.19%, your estimated principal and interest payment would be $1,580 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $68K a year to afford the median home price in Downtown Elgin. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Elgin is $79K.
What are the best public schools in Downtown Elgin?
The best public schools that serve Downtown Elgin are:
What are the best private schools in Downtown Elgin?
The best private schools that serve Downtown Elgin are:
What are the most popular zip codes in Downtown Elgin, Elgin, IL?
The most popular zip codes in Downtown Elgin, Elgin, IL include 60120, 60123, 60107, 60177 and 60192.
What are the most popular neighborhoods near Downtown Elgin, Elgin, IL?
The most popular neighborhoods near Downtown Elgin, Elgin, IL are Gifford Park, Near West Elgin, Southwest Elgin, Northeast Elgin and Grant Park.
Are home prices dropping in Downtown Elgin?
Yes, home prices in Downtown Elgin are down 2% in the last 12 months.

Home Trends in Downtown Elgin, IL

Housing Trends

Median Sale Price
$309,000
Median Single Family Sale Price
$312,450
Median Townhouse Sale Price
$322,250
Median 2 Bedroom Sale Price
$232,500
Median 1 Bedroom Sale Price
$138,500
Average Price Per Sq Ft
$178
Number of Homes for Sale
1
Last 12 months Home Sales
14
Months of Supply
0.90
Median List Price
$322,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
0%
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