488 Gray Ave Elburn, IL 60119
Elburn AreaEstimated payment $3,944/month
Highlights
- Water Views
- Mature Trees
- Property is near park
- Home fronts a pond
- Community Lake
- Wood Flooring
About This Home
Set on a superior lot with an incredible backyard setting backing up to stocked pond and walking path, gorgeous primary suite renovations, enormous living spaces, a new roof, concrete driveway and new mechanicals & EV Charger, this 5-bedroom, 2.5-bath home offers the space, updates you have been searching for! Rich hardwood floors span the main level, featuring an eat-in kitchen with center island, spacious living room, flexible front room, and convenient mudroom with first-floor laundry and pantry. The finished basement adds versatile space for a playroom, home gym, hobbies, workshop, and storage. Upstairs, the stunning primary suite-redesigned by Hogan Design in 2025-offers a luxurious retreat with a coffered ceiling, custom walk-in closet, and spa-inspired ensuite featuring a soaking tub, oversized walk-in shower, premium cabinetry, and high-end fixtures. Four additional bedrooms, each with its own walk-in closet, provide exceptional space and storage. Major updates include a new roof, gutters, exterior trim, and concrete driveway (2025), HVAC (2024), and tankless water heater (2019). Fresh paint throughout the main level and a recently power-washed exterior make this home feel fresh and move-in ready. The 3-car garage is also equipped with an EV charger for added convenience. Located just minutes from I-88 and the Metra station, with the neighborhood elementary school just a short walk away. Come take a look for yourself-you may have just found the lifestyle you've been waiting for!
Listing Agent
Coldwell Banker Real Estate Group License #475174550 Listed on: 07/10/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,779
Year Built
- Built in 2004
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 65x120x92x120
- Home fronts a pond
- Fenced
- Paved or Partially Paved Lot
- Mature Trees
HOA Fees
- $17 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Electric Vehicle Home Charger
- Parking Available
- Garage Door Opener
- Driveway
Home Design
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,361 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Mud Room
- Family Room Downstairs
- Formal Dining Room
- Play Room
- Water Views
- Carbon Monoxide Detectors
Kitchen
- Breakfast Bar
- Double Oven
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- Soaking Tub
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Recreation or Family Area in Basement
- Basement Storage
Outdoor Features
- Patio
- Shed
Location
- Property is near park
Schools
- Blackberry Creek Elementary Scho
- Harter Middle School
- Kaneland High School
Utilities
- Central Air
- Humidifier
- Heating System Uses Natural Gas
- Gas Water Heater
- Water Softener is Owned
- Satellite Dish
Community Details
- Association fees include insurance
- Staff Association, Phone Number (847) 259-1331
- Blackberry Creek Subdivision
- Property managed by McGill Management
- Community Lake
Listing and Financial Details
- Homeowner Tax Exemptions
- Other Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $10,779 | $140,773 | $20,387 | $120,386 |
| 2024 | $10,779 | $128,960 | $18,723 | $110,237 |
| 2023 | $10,000 | $116,390 | $16,898 | $99,492 |
| 2022 | $9,179 | $102,506 | $15,508 | $86,998 |
| 2021 | $8,842 | $98,111 | $14,843 | $83,268 |
| 2020 | $8,679 | $95,811 | $14,495 | $81,316 |
| 2019 | $8,683 | $94,404 | $14,282 | $80,122 |
| 2018 | $8,442 | $90,284 | $14,282 | $76,002 |
| 2017 | $8,443 | $89,258 | $14,120 | $75,138 |
| 2016 | $7,728 | $80,096 | $13,747 | $66,349 |
| 2015 | -- | $70,681 | $9,285 | $61,396 |
| 2014 | -- | $69,194 | $10,667 | $58,527 |
| 2013 | -- | $61,661 | $10,667 | $50,994 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/06/2026 08/06/26 | Pending | -- | -- | -- | |
| 07/23/2026 07/23/26 | Price Changed | $550,000 | -4.3% | $164 / Sq Ft | |
| 07/10/2026 07/10/26 | For Sale | $575,000 | +121.2% | $171 / Sq Ft | |
| 09/29/2014 09/29/14 | Sold | $260,000 | -5.5% | $90 / Sq Ft | View Prior Sale |
| 08/27/2014 08/27/14 | Pending | -- | -- | -- | |
| 08/11/2014 08/11/14 | Price Changed | $275,000 | -5.1% | $96 / Sq Ft | |
| 06/19/2014 06/19/14 | For Sale | $289,900 | -- | $101 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $260,000 | Pntn Inc | |
| Warranty Deed | $324,500 | Burnet Title Llc | |
| Special Warranty Deed | $295,000 | First American Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Credit Line Revolving | |
| Open | $244,000 | New Conventional | |
| Closed | $45,000 | Credit Line Revolving | |
| Closed | $231,000 | New Conventional | |
| Closed | $234,000 | New Conventional | |
| Previous Owner | $148,000 | New Conventional | |
| Previous Owner | $243,187 | Purchase Money Mortgage | |
| Previous Owner | $81,062 | Credit Line Revolving | |
| Previous Owner | $280,000 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12697301
APN: 11-08-126-009
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Ask me questions while you tour the home.