$251,000
SOLD MAR 14, 2025

720 Cheyenne Ln Elgin, IL 60123

2 Beds
2 Baths
1,416 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$177 Per Sq Ft

3% Below List Price

10 Days on Market

Highlights

  • Bonus Room
  • Living Room
  • Central Air
  • 1 Car Attached Garage
  • Laundry Room
  • Dining Room

About This Home

As of March 2025

Charming Duplex in Valley Creek - Tons of Potential & No HOA! Tucked away in a quiet cul-de-sac in the desirable Valley Creek subdivision, this 2-bedroom, 2-bath duplex offers a fantastic opportunity for homeowners and INVESTORS alike! With no HOA restrictions and a retail-friendly location just minutes from Randall Road, shopping, dining, and more, this home is a rare find. Inside, the layout is spacious and versatile. The main level features an eat-in kitchen, a dedicated dining area, and a bright, welcoming living room. Upstairs, you'll find two comfortable bedrooms and a full bath. The lower level is a standout, boasting a large family room with a cozy wood-burning fireplace and a bonus room that, with minor modifications, could serve as an ADDITIONAL BEDROOM-perfect for guests, a home office, or extra living space. Need more room? The unfinished basement offers plenty of storage, a laundry area, and potential for future finishing. Step outside to enjoy the spacious backyard and patio, ideal for relaxing, grilling, or entertaining. While the home could use a little TLC, the below-market pricing makes this a fantastic opportunity to add your personal touch and build equity. Whether you're looking for a home to make your own or an investment property with GREAT RENTAL POTENTIAL, this one is worth a look! Don't miss out-schedule your showing today!

Last Agent to Sell the Property

James Byrnes, ABR, e-PRO, PSA

Baird & Warner Real Estate - Algonquin License #475177583 Listed on: 02/07/2025

Baird & Warner Real Estate - Algonquin

Last Buyer's Agent

Melanie Enriquez

Baird & Warner License #475199688

Baird & Warner

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,497

Year Built

  • Built in 1989

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Half Duplex
  • Vinyl Siding

Interior Spaces

  • 1,416 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Bonus Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Dogs and Cats Allowed

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,497

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: 1/2 Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1/2 Duplex
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 1416
  • Room Type: Bonus Room
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 259900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 6110
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 4497
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 1

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $251,000 -3.4% $177 / Sq Ft
02/17/2025 02/17/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $259,900 -- $184 / Sq Ft
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
2024 $4,810 $76,104 $18,267 $57,837
2023 $4,497 $68,754 $16,503 $52,251
2022 $4,482 $62,692 $15,048 $47,644
2021 $4,248 $58,613 $14,069 $44,544
2020 $4,100 $55,955 $13,431 $42,524
2019 $3,951 $53,301 $12,794 $40,507
2018 $3,877 $50,213 $12,053 $38,160
2017 $3,751 $47,469 $11,394 $36,075
2016 $3,524 $44,039 $10,571 $33,468
2015 -- $40,365 $9,689 $30,676
2014 -- $39,866 $9,569 $30,297
2013 -- $40,917 $9,821 $31,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12286246

Midwest Real Estate Data (MRED)

APN: 06-09-151-025