$285,000 - $326,718
RENTED MAR 27, 2025

124 Melrose Ct South Elgin, IL 60177

3 Beds
2.5 Baths
1,628 Sq Ft
$183 Price per Sq Ft

Last Sold November 04, 2024

Last sale price $280,000 $172 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,287/month

Highlights

  • Landscaped Professionally
  • Deck
  • Formal Dining Room
  • South Elgin High School Rated A-
  • Wood Flooring
  • Living Room

About This Home

As of March 2025

Discover modern living at River Place in South Elgin! This 3-bedroom, 2.5-bath townhome offers 1,628 sq of stylish comfort near the scenic Fox River. The open floor plan features a bright family room, a kitchen with cherry wood cabinets and granite countertops, and a private balcony perfect for relaxing. Upstairs, the master suite boasts a walk-in closet and dual vanity in the master bathroom. Convenient laundry on the second floor. The finished English basement adds versatility, ideal for a 4th bedroom, office, or gym. With an attached 2-car garage and prime location near the Fox River Trail, Metra, shopping, and dining, this home combines comfort, convenience, and outdoor living. Applicant requirements: a credit score of 680 or higher, a minimum income of 2.5x the monthly rent, a government-issued photo ID, and a credit/background check for all tenants over 18 (subject to owner approval). The tenant insurance is required. All utilities are the tenant's responsibility. No pets.

Last Agent to Rent the Property

Joanna Sledz

Exit Realty Redefined License #475213217 Listed on: 12/31/2024

Exit Realty Redefined

Last Renter's Agent

Joanna Sledz

Exit Realty Redefined License #475213217 Listed on: 12/31/2024

Exit Realty Redefined

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,675

Year Built

  • Built in 2014

Lot Details

  • Lot Dimensions are 29 x 45
  • Landscaped Professionally

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,628 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • English Basement
  • Partial Basement

Home Security

Outdoor Features

  • Deck

Schools

  • Willard Elementary School
  • Kenyon Woods Middle School
  • South Elgin High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $2,800
  • Property Available on 1/1/25
  • Rent includes parking
  • 24 Month Lease Term

Community Details

Overview

  • Association Phone (847) 695-6400
  • River Place Subdivision
  • Property managed by Preferred Management

Amenities

  • Common Area

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,675

Year Built

Built in 2014

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2025-01-01
  • Lease Term: 24 Months
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Rental Price: 2800
  • Security Deposit: 2800
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Townhouse-2 Story
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: River Place
  • Year Built: 2014
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access,Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial, English
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Second Floor Laundry, High Ceilings
  • LivingArea: 1628
  • Other Equipment: CO Detectors, Ceiling Fan(s), Water Heater-Gas
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 2800
  • Lot Features: Common Grounds, Landscaped
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Parking
  • Management: Manager Off-site
  • Management Company: Preferred Management
  • Management Phone: 847-695-6400

Schools

  • Elementary School: Willard Elementary School
  • High School: South Elgin High School
  • Middle/Junior School: Kenyon Woods Middle School
  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 29 X 45
  • Rural (Y/N): N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2024
Closed on
Nov 4, 2024
Sold by
Elston Townhomes Llc
Bought by
Sledz Stephen
Seller's Agent
Shane Halleman
john greene, Realtor
Buyer's Agent
Joanna Sledz
Exit Realty Redefined
List Price
$279,900
Sold Price
$280,000
Premium/Discount to List
$100
0.04%
Views
28
Current Estimated Value
$297,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,430
Avg. Annual Appreciation
8.75%
Original Mortgage
$210,000
Outstanding Balance
$206,648
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$90,782

Purchase Details

Closed on
Apr 11, 2024
Sold by
Rainy South Elgin Llc
Bought by
Elston Townhomes Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sledz Stephen $280,000 None Listed On Document
Elston Townhomes Llc $2,747,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sledz Stephen $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Rented $2,800 0.0% --
03/22/2025 03/22/25 Under Contract -- -- --
02/26/2025 02/26/25 Price Changed $2,800 -1.8% $2 / Sq Ft
02/18/2025 02/18/25 Price Changed $2,850 -1.7% $2 / Sq Ft
01/21/2025 01/21/25 Price Changed $2,900 -3.3% $2 / Sq Ft
12/31/2024 12/31/24 For Rent $3,000 0.0% --
11/04/2024 11/04/24 Sold $280,000 0.0% $172 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $279,900 0.0% $172 / Sq Ft
07/24/2022 07/24/22 Rented $2,695 0.0% --
03/10/2022 03/10/22 For Rent $2,695 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $7,675 $91,478 $23,495 $67,983
2022 $7,178 $83,412 $21,423 $61,989
2021 $6,792 $77,984 $20,029 $57,955
2020 $6,610 $74,448 $19,121 $55,327
2019 $6,390 $70,916 $18,214 $52,702
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12261720

Midwest Real Estate Data (MRED)

APN: 06-26-376-101