NOT LISTED FOR SALE

261 S Edison Ave Elgin, IL 60123

Near West Elgin Neighborhood

Estimated Value: $306,000 - $345,310

3 Beds
2 Baths
-- Sq Ft
1950 Built

Sale Details

Date Sold: October 29, 2025

Last sale price $305,000

Est. 8% increase in value since last sale

Current estimated payment $2,412 / mo

28 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Breakfast Bar
  • Sun or Florida Room
  • 3 Car Attached Garage
  • Living Room

About This Home

As of October 2025

Rare Opportunity on Oversized Double Lot! Charming 3-4 bed, 2 bath home with tons of character and space! Enjoy hardwood floors, solid brick fireplace, and a cozy family room with a wood-burning stove. The large eat-in kitchen features custom pine cabinets, breakfast bar, tile floors, and all appliances included. Main-level primary bedroom with walk-in closet and private bath, plus a flex den/4th bedroom. Upstairs includes a spacious bedroom. Relax on the screened porch or enjoy the fully fenced yard. New Roof, New AC, NEW furnace, NEW windows, New garage door, NEW Davinci roof on the garage, New vinyl floor, carpet & newer water heater. Prime location close to shopping & transportation. Don't miss this one-of-a-kind home!

Last Agent to Sell the Property

Joel Perez

Realta Real Estate Brokerage Phone: (847) 215-5555 License #475149497 Listed on: 08/19/2025

Realta Real Estate

Last Buyer's Agent

Andres Quinones

Luna Real Estate Inc. License #475205385

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,743

Year Built

  • Built in 1950

Parking

  • 3 Car Attached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Unfinished Basement
  • Partial Basement
  • Breakfast Bar
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,743

Year Built

Built in 1950

Lot Details

0 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (847) 215-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Room Type: Eating Area, Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Frame
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: On Site, Attached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 10669
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 7743
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2025
Closed on
Oct 22, 2025
Sold by
Murillo Jose Luis Vargas and Longino-Ibarra Lucia
Bought by
Jungo Vanessa and Escamila Mclecio Arneta
Seller's Agent
Joel Perez
Realta Real Estate
Buyer's Agent
Andres Quinones
Luna Real Estate Inc.
List Price
$308,500
Sold Price
$305,000
Premium/Discount to List
-$3,500
-1.13%
Views
42
Current Estimated Value
$328,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,413
Avg. Annual Appreciation
8.92%
Original Mortgage
$275,000
Outstanding Balance
$275,000
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$43,578

Purchase Details

Closed on
Dec 24, 2024
Sold by
Murillo Jose Luis Vargas and Vargas Jose
Bought by
Murillo Jose Luis Vargas and Longino-Ibarra Lucia

Purchase Details

Listed on
Jan 2, 2019
Closed on
Jun 3, 2019
Sold by
Inglis Wanda R
Bought by
Marillo Jose Luis Vargas
Seller's Agent
Bob Wisdom
RE/MAX Horizon
Buyer's Agent
Joel Perez
Realta Real Estate
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$216,015
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Jungo Vanessa $305,000 Chicago Title Insurance Compan
Murillo Jose Luis Vargas -- Chicago Title
Marillo Jose Luis Vargas $220,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jungo Vanessa $275,000
Previous Owner Marillo Jose Luis Vargas $216,015
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2025 10/29/25 Sold $305,000 -1.1% --
09/16/2025 09/16/25 Pending -- -- --
08/19/2025 08/19/25 For Sale $308,500 +40.2% --
06/03/2019 06/03/19 Sold $220,000 -2.2% $92 / Sq Ft View Prior Sale
04/05/2019 04/05/19 Pending -- -- --
01/21/2019 01/21/19 Price Changed $225,000 -2.1% $94 / Sq Ft
01/02/2019 01/02/19 For Sale $229,900 -- $96 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2024 $8,046 $100,541 $19,763 $80,778
2023 $7,743 $90,831 $17,854 $72,977
2022 $6,661 $82,822 $16,280 $66,542
2021 $6,373 $77,433 $15,221 $62,212
2020 $6,195 $73,922 $14,531 $59,391
2019 $5,549 $70,416 $13,842 $56,574
2018 $5,471 $66,336 $13,040 $53,296
2017 $5,319 $62,711 $12,327 $50,384
2016 $5,032 $58,179 $11,436 $46,743
2015 -- $53,326 $10,482 $42,844
2014 -- $52,668 $10,353 $42,315
2013 -- $54,057 $10,626 $43,431
Source: Public Records

Agents Affiliated with this Home

  • Joel Perez

    Seller's Agent in 2025

    Joel Perez

    RE/MAX

    (847) 414-9572

    4 in this area

    180 Total Sales

    Joel Perez
    Section Image

  • A

    Buyer's Agent in 2025

    Andres Quinones

    Luna Real Estate Inc.

    1 in this area

    18 Total Sales

    Andres Quinones
    Section Image
  • Bob Wisdom

    Seller's Agent in 2019

    Bob Wisdom

    RE/MAX

    (847) 695-8348

    10 in this area

    632 Total Sales

    Bob Wisdom
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12449929

Midwest Real Estate Data (MRED)

APN: 06-22-229-047

Illinois Kane County Elgin 60123 Near West Elgin

261 S Edison Ave, Elgin, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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