Property Report for 338 N Commonwealth Ave, Elgin, IL 60123

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338 N Commonwealth Ave, Elgin, IL 60123
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Property Details
  • Property Address 338 N Commonwealth Ave, Elgin, IL 60123
  • County Kane
  • Parcel ID 06-14-107-010
  • Legal description GEORGE E LINKFIELD'S ADDN LOT 2 BLOCK 2
  • School district School District U-46
  • Acreage 0.2
  • Property class Single Family Residence
  • Zoning Subscribe
  • Square footage 1,254
  • Year built 1894
  • Bedrooms 3
  • Bathrooms 3

About the Property

338 N 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 1894. This Single Family Residence sits on a 8,712 sq ft lot and features 3 bedrooms, 3 bathrooms and 1,254 sq ft of living space.

The most recent property tax for 338 N Commonwealth Ave was $6,430 with an estimated market value range of $349,134 to $363,385. This property was last sold on December 30, 2021 for $250,000.

Property Info

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Flood

Ownership

Land
  • Acres 0.2
  • Square Feet 8,712
Building
  • Units N/A
  • Year Built 1894
  • Effective Year Built N/A
  • Stories 2
  • # Fireplaces N/A
  • Garage/Carport N/A
Utilities
  • Cooling Yes
  • Heating N/A
Interior
  • Square Footage
  • Living Area 1,254
  • Total Rooms 7
  • Bedrooms 3
  • Total Bathrooms 3
  • Full Bathrooms 2
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 338 N Commonwealth Ave, Elgin

Tax Year Taxes Tax Assesed Value Exemptions
2024 $6,430 (+5%) $88,345 (+10.7%)

2023 $6,122 (+5.7%) $79,813 (+9.7%)

2022 $5,790 (+4.6%) $72,776 (+7%)

2021

2020

2019

2018

Access Full Tax & Assessment History for 338 N Commonwealth Ave, Elgin. View Tax Information

Sales History for 338 N Commonwealth Ave, Elgin

The most recent sale on 338 N Commonwealth Ave took place on Nov 16, 2021 and recorded on Dec 30, 2021 for $250,000. Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
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
365 HUBBARD AVE .11 mi 1,244 04/15/2025 $275,000 $221
352 N WORTH AVE .07 mi 1,329 11/04/2024 $310,000 $233
444 VILLA ST 1.73 mi 1,116 08/25/2025 $290,000 $260
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:

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Total Estimated Debt

  • Total Estimated Debt
  • Available Equity
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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: 98%
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.