NOT LISTED FOR SALE

488 Lincoln Ave Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $653,494

Studio
-- Bath
-- Sq Ft
7,013 Sq Ft Lot

About This Home

This home is located at 488 Lincoln Ave, Elgin, IL 60120 and is currently estimated at $653,494. 488 Lincoln Ave is a home located in Kane County with nearby schools including Coleman Elementary School, Larsen Middle School, and Elgin High School.

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2025
Sold by
Bought by
Current Estimated Value
$653,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$487,078
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
$166,416

Purchase Details

Closed on
Apr 30, 2019
Sold by
Bought by

Purchase Details

Closed on
Jan 16, 2019
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 2016
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 27, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,970
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 10, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 19, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.45%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Buyer Sale Price Title Company
$670,000 None Listed On Document
-- Attorney
-- Attorney
-- None Available
-- None Available
-- None Available
$359,000 Chicago Title Insurance Comp
-- --
$90,000 --
$70,000 --
Source: Public Records

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 Borrower Loan Amount
Open $487,500
Previous Owner $307,970
Previous Owner $80,000
Source: Public Records

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
2024 $9,112 $113,864 $29,426 $84,438
2023 $8,769 $102,867 $26,584 $76,283
2022 $8,133 $93,797 $24,240 $69,557
2021 $7,824 $87,694 $22,663 $65,031
2020 $7,635 $83,717 $21,635 $62,082
2019 $7,448 $79,746 $20,609 $59,137
2018 $7,427 $75,126 $19,415 $55,711
2017 $7,771 $75,555 $19,526 $56,029
2016 $8,039 $75,372 $19,479 $55,893
2015 -- $69,085 $17,854 $51,231
2014 -- $68,233 $17,634 $50,599
2013 -- $70,033 $18,099 $51,934
Source: Public Records

Map

Illinois Kane County Elgin 60120 Northeast Elgin

488 Lincoln 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.