Google street view image for 256 Michigan St, Elgin, IL 60120

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Sold

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Est. refi paymentEst. refi $587/mo

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sq ft

256 Michigan St, Elgin, IL 60120

About this home

ATTENTION INVESTORS!!! HOT,HOT SUPER HOT DEAL,BIG PRICE REDUCTION EXCEPTIONAL VALUE, HUGE OPORTUNITY. UNDER 100k 5-UNIT BUILDING, LOCATED IN THE RAPIDLY APPRECIATING DOWNTOWN ELGIN AREA, CLOSE TO PUBLIC LIBRARY,COLLEGE,BUS STATION,AND STORES, HAS GREAT POTENTIAL FOR CASH FLOW! SEPARATE GAS AND ELECTRIC METERS! 1-2 BEDROOM UNIT, 2-1 BEDROOM UNITS AND 2 STUDIO UNITS!

Single-familyProperty Type

3,907 sq ftLot Size

4 spacesParking

Source:Public Records

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Earn from this home

Rent

$1,484/mo

Redfin rental estimate

List your home for rent

Market trends in 60120, IL

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.8%

0.0% MoM

Median sale price

$320K

$5K MoM

Avg. days on market

45d

1 days MoM

Recently sold homes

111

14 MoM

New listings for sale

NEW 17 HRS AGO
$329,900
3 beds2 baths1,077 sq ft
1007 Cedar Ave, Elgin, IL 60120
$219,900
2 beds1 bath858 sq ft
461 Franklin Blvd, Elgin, IL 60120
OPEN SAT, 10AM TO 12PM
$226,000
2 beds2 baths1,500 sq ft
1312 Kenneth Cir, Elgin, IL 60120
$160,000
2 beds1 bath872 sq ft
774 Terrace Ct Unit R, Elgin, IL 60120
OPEN SAT, 1AM TO 3PM
$255,000
2 beds1.5 baths1,300 sq ft
1055 Woodhill Ct, Elgin, IL 60120
$349,900
2 beds2.5 baths1,900 sq ft
157 River Walk Ct, Elgin, IL 60120
$389,900
2 beds2.5 baths1,926 sq ft
1121 Loganbury Ct, Elgin, IL 60120
OPEN SUN, 1:30PM TO 4PM
$250,000
2 beds2 baths— sq ft
730 Ripple Brook Ln, Elgin, IL 60120
$225,000
2 beds2 baths1,100 sq ft
1011 Sommerset Ct Unit C, Elgin, IL 60120
$280,000
2 beds2.5 baths1,600 sq ft
1514 Keystone Ct, Elgin, IL 60120
See all

Provided by Redfin

Sale history for 256 Michigan St

Year

Property tax

Land + Additions

Assessment*

2025

$6,178 (+3.5%)

$12,085 + $68,899

$80,984

2024

$5,969 (+3.9%)

$12,085 + $68,899

$80,984

2023

$5,744 (+7.8%)

$11,131 + $63,460

$74,591

2022

$5,328 (+4.0%)

$10,056 + $57,331

$67,387

2021

$5,125 (+2.5%)

$9,169 + $52,276

$61,445

2020

$5,002 (+2.5%)

$8,572 + $48,874

$57,446

2019

$4,879 (+0.3%)

$7,795 + $44,445

$52,240

2018

$4,866 (+1.7%)

$7,795 + $44,445

$52,240

2017

$4,785 (+4.0%)

$7,343 + $41,870

$49,213

2016

$4,603 (+0.4%)

$6,942 + $39,582

$46,524

2015

$4,587 (+12.3%)

$6,440 + $36,721

$43,161

2013

$4,084 (−17.3%)

$5,984 + $34,119

$40,103

2012

$4,941 (+8.7%)

$5,984 + $34,119

$40,103

2011

$4,546 (−4.6%)

$6,464 + $41,878

$48,342

2010

$4,765 (+3.6%)

$8,009 + $46,442

$54,451

2009

$4,599 (+5.8%)

$8,009 + $46,442

$54,451

2008

$4,345 (+1.2%)

$8,586 + $49,788

$58,374

2007

$4,294

$8,310 + $48,188

$56,498

Tax history for 256 Michigan St

Year

Property tax

Land + Additions

Assessment*

2025

$6,178 (+3.5%)

$12,085 + $68,899

$80,984

2024

$5,969 (+3.9%)

$12,085 + $68,899

$80,984

2023

$5,744 (+7.8%)

$11,131 + $63,460

$74,591

2022

$5,328 (+4.0%)

$10,056 + $57,331

$67,387

2021

$5,125 (+2.5%)

$9,169 + $52,276

$61,445

2020

$5,002 (+2.5%)

$8,572 + $48,874

$57,446

2019

$4,879 (+0.3%)

$7,795 + $44,445

$52,240

2018

$4,866 (+1.7%)

$7,795 + $44,445

$52,240

2017

$4,785 (+4.0%)

$7,343 + $41,870

$49,213

2016

$4,603 (+0.4%)

$6,942 + $39,582

$46,524

2015

$4,587 (+12.3%)

$6,440 + $36,721

$43,161

2013

$4,084 (−17.3%)

$5,984 + $34,119

$40,103

2012

$4,941 (+8.7%)

$5,984 + $34,119

$40,103

2011

$4,546 (−4.6%)

$6,464 + $41,878

$48,342

2010

$4,765 (+3.6%)

$8,009 + $46,442

$54,451

2009

$4,599 (+5.8%)

$8,009 + $46,442

$54,451

2008

$4,345 (+1.2%)

$8,586 + $49,788

$58,374

2007

$4,294

$8,310 + $48,188

$56,498

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

3,907 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Kane County

APN

0613379014

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 8, 2026.

Property details

Around this home

Schools

Channing Memorial Elementary School

Public K-6 • Assigned • 0.3mi

3/10

Ellis Middle School

Public 7-8 • Assigned • 0.5mi

4/10

Elgin High School

Public 9-12 • Assigned • 1.7mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Elgin, IL • 60120

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

10.2 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

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Nearby similar homes

Sorry, we don't have any nearby similar homes to display. See all homes for sale in 60120

New listings for sale in 60120

NEW 17 HRS AGO

$329,900

3 beds2 baths1,077 sq ft

1007 Cedar Ave, Elgin, IL 60120

$219,900

2 beds1 bath858 sq ft

461 Franklin Blvd, Elgin, IL 60120

OPEN SAT, 10AM TO 12PM

$226,000

2 beds2 baths1,500 sq ft

1312 Kenneth Cir, Elgin, IL 60120

$160,000

2 beds1 bath872 sq ft

774 Terrace Ct Unit R, Elgin, IL 60120

OPEN SAT, 1AM TO 3PM

$255,000

2 beds1.5 baths1,300 sq ft

1055 Woodhill Ct, Elgin, IL 60120

$349,900

2 beds2.5 baths1,900 sq ft

157 River Walk Ct, Elgin, IL 60120

$389,900

2 beds2.5 baths1,926 sq ft

1121 Loganbury Ct, Elgin, IL 60120

OPEN SUN, 1:30PM TO 4PM

$250,000

2 beds2 baths— sq ft

730 Ripple Brook Ln, Elgin, IL 60120

$225,000

2 beds2 baths1,100 sq ft

1011 Sommerset Ct Unit C, Elgin, IL 60120

Home values near 256 Michigan St

Data from public records.

Address	Redfin Estimate
230 Michigan Street, Elgin, IL 4 Beds \| 2 Baths \| 874 Sq. Ft.	$146,802
248 Michigan Street, Elgin, IL 4 Beds \| 1 Baths \| 540 Sq. Ft.	$198,432

Address	Redfin Estimate
254 Michigan Street, Elgin, IL 2 Beds \| 1 Baths \| - Sq. Ft.	$112,839
224 Michigan Street, Elgin, IL 2 Beds \| 1 Baths \| 800 Sq. Ft.	$168,586

Address	Redfin Estimate
250 Michigan Street, Elgin, IL 4 Beds \| 2 Baths \| - Sq. Ft.	$183,582
218 Michigan Street, Elgin, IL 3 Beds \| 1 Baths \| 1000 Sq. Ft.	$206,722

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GreatSchools Ratings provided by GreatSchools.org.

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256 Michigan St, Elgin, IL 60120

About this home

Redfin Estimate

Earn from this home

Market trends in 60120, IL

Sale history for 256 Michigan St

Tax history for 256 Michigan St

Public record

Property details

Public facts

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60120

Home values near 256 Michigan St

More real estate resources

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