Property Report for 322 S Commonwealth Ave, Elgin, IL 60123

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322 S Commonwealth Ave, Elgin, IL 60123
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Property Details
  • Property Address 322 S Commonwealth Ave, Elgin, IL 60123
  • County Kane
  • Parcel ID 06-23-103-004
  • Legal description COUNTY CLERK'S SUB SOUTH 8 FT EAST 133.4 FT ON NORTH LINE & EAST 132 FT ON SOUTH LINE LOT C OF BLOCK 13
  • School district School District U-46
  • Acreage 0.18
  • Property class Single Family Residence
  • Zoning Subscribe
  • Square footage 1,264
  • Year built 1955
  • Bedrooms 2
  • Bathrooms 1

About the Property

322 S Commonwealth Ave is a single family residence in the city of Elgin, IL 60123. Located in the School District U-46, which resides in Kane County, IL and built in 1955. This Single Family Residence sits on a 7,714 sq ft lot and features 2 bedrooms, 1 bathrooms and 1,264 sq ft of living space.

The most recent property tax for 322 S Commonwealth Ave was $5,875 with an estimated market value range of $339,716 to $346,579.

Property Info

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Flood

Ownership

Land
  • Acres 0.18
  • Square Feet 7,714
Building
  • Units N/A
  • Year Built 1955
  • Effective Year Built N/A
  • Stories 1
  • # Fireplaces N/A
  • Garage/Carport N/A
Utilities
  • Cooling N/A
  • Heating N/A
Interior
  • Square Footage
  • Living Area 1,264
  • Total Rooms 5
  • Bedrooms 2
  • Total Bathrooms 1
  • Full Bathrooms 1
Your Property Report will also include the following information:

Elgin Residential Market Stats

Median Sale Price $352,000 +2.8% YoY
Median Price/sq ft. $192
Kane County Median Sale Price $352,000 +2.8% YoY

See more Real Estate Trends for Elgin including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 322 S Commonwealth Ave, Elgin

Tax Year Taxes Tax Assesed Value Exemptions
2024 $5,875 (+6.4%) $89,414 (+10.7%)

2023 $5,522 (+1.6%) $80,779 (+9.7%)

2022 $5,433 (-11.6%) $73,656 (+7%)

2021

2020

2019

2018

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Sales History for 322 S Commonwealth Ave, Elgin

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Sale Date Recorded Date Buyer(s) Seller(s) Price Document ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
Address Distance SqFt Sale Date Price $/SqFt
444 VILLA ST 1.64 mi 1,116 08/25/2025 $290,000 $260
162 N LIBERTY ST 1.95 mi 1,339 08/21/2025 $308,000 $230
566 RAYMOND ST 1.49 mi 1,302 08/20/2025 $225,000 $173
Active Mortgages and Equity Analysis
Date Recorded Position Original Amount Amortized Balance Loan Type Interest Rate Lender Lender Type

  • Total Estimated Debt:

  • Estimated Value from ATTOM AVM:

  • Available Equity:

  • Loan To Value Ratio:

SAMPLE
Total Estimated Debt

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Automated Valuation Models (AVM)
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Market Value Estimate
Jul 16, 2025 Confidence Score: 99%
Low
Value
High
Rental Value Estimate ATTOM
Jul 21, 2025
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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.