OFF MARKET
Google street view image for 40W115 Oak Tree Ln, Elgin, IL 60124
Off market nov 2003 for $351K
$490,705
Est. refi paymentEst. refi $2,148/mo
3
bd
•
3 ba
•
2,400
sq ft

40W115 Oak Tree Ln, Elgin, IL 60124

map-entry

About this home

40W115 Oak Tree Ln is a 2,400 square foot house on a 1.3 acre lot with 3 bedrooms and 3 bathrooms. - it last sold on November 12, 2003 for $351,500. Based on Redfin's Elgin data, we estimate the home's value is $490,705.
Single-familyProperty Type
1988Year Built
1.3 acresLot Size
$204Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$490,705
$139K since sold in November 2003$6,000 since October

This home's estimate is 19.8% lower than the average sale price ($612K) of 6 comparable homes.

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Earn from this home

Sell
$369,387
Est. take-home

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Refinance
$0
Est. cash available

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Rent
$3,214/mo
Redfin rental estimate

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Market trends in 60124, IL

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price
100.0%

+0.4% MoM

Median sale price
$526K

$21K MoM

Avg. days on market
58d

1 days MoM

Recently sold homes
115

22 MoM

New listings for sale

Provided by Redfin

Sale history for 40W115 Oak Tree Ln

Tax history for 40W115 Oak Tree Ln

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

Permits

Mar 25, 2024 • Active
Building

Remodel

Nov 9, 2023 • Final
Building

Install roof-mounted solar panels on a residential building.

Electrical

Solar

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Around this home

Schools

Howard B Thomas Grade School

Public PreK-5 • Assigned • 4.5mi

9/10
Prairie Knolls Middle School

Public 6-7 • Assigned • 2.0mi

8/10
Central High School

Public 9-12 • Assigned • 4.6mi

6/10
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

2/10 Heat Factor

7 days above 101° expected this year, 14 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Elgin, IL • 60124
Average low and high temperatures (°F)
28°
13°
37°
20°
53°
33°
61°
42°
69°
48°
80°
61°
84°
66°
80°
62°
78°
56°
65°
48°
49°
35°
34°
20°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 10.1 hours in June and 3.5 hours in December, placing it below the U.S. average for solar exposure.

10.1 hrs
3.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$467,000 – $565,000

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Home values near 40W115 Oak Tree Ln

Data from public records.
AddressRedfin Estimate
3 Beds | 3.5 Baths | - Sq. Ft.
$513,807
3 Beds | 2 Baths | - Sq. Ft.
$388,216
4 Beds | 2.5 Baths | 3064 Sq. Ft.
$615,803
AddressRedfin Estimate
3 Beds | 3 Baths | 2228 Sq. Ft.
$572,937
4 Beds | 3 Baths | 3275 Sq. Ft.
$647,783
4 Beds | 2.5 Baths | 2790 Sq. Ft.
$572,971
AddressRedfin Estimate
3 Beds | 2.5 Baths | 2065 Sq. Ft.
$501,535
4 Beds | 2.5 Baths | 3067 Sq. Ft.
$599,566
This data may not show owner updates. Learn more.

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